The Federal Reserve have hit a level of debt which is totally unsustainable. The interest alone is now as much as their whole military budget, and lets not forget they have the most well funded military in the western world..
In 10 years time their entire tax revenue won't cover the interest on...
Politely disagree. They want the money tied up and used in their own financial and banking system at the end of the day, not sat in an exchanges coffers or on cold storage. They're steadily working to own the 'blue chip' space, and the narrative and laws will change to get people to dump the...
They won't all go to zero. The crypto with real utility, which solves real problems, will flourish. Bitcoin will always be a "store of value" and now the big boys have their hands on it - it will never go to zero.
Your Pepe's and Shiba's will go to zero. They serve no purpose apart from...
Bitcoin was supposed to be the absolute rebellion against banks. Now, Blackrock et al (the banks) have Bitcoin ETF's...
They've now wrapped their arms around it with a wry smile. All whilst the people who initially shouted "Freedom!!" have now changed their tune and are now mumbling...
XRP, XLM, XDC, QNT are my 'Bankers' to make significant gains. Once utility kicks in and the Blockchain is being used by financial institutions it's game on - and you'll see massive gains.
In the meantime we've got the mother and father of all stock market crashes around the corner. The US...
Okay... so what about an oil painting. A Monet, or a Constable... absolutely useless and impractical if you want to use it for something - yet worth millions of pounds.
Go figure, eh.
They'll become collectible in the future due to this, conversely. If I could pick Bored Apes up for a couple of hundred quid each I'd actually buy a few!
There will come a time when the next generation of art lovers will have an OLED screen in their house with these on, complete with some kind...
You are correct in that purely ODL transactions won't vastly inflate the token value unless a colossal amount goes through it which will require 24/7 massive payments. Not too many people realise that. It's the tokens locked up on the XRPL for other uses which will increase value and therefore...
Are you saying they won't be using XRP for their on demand liquidity offering? If so, you've not only missed the dartboard - you've thrown it backwards over your left shoulder.
If it's done on the XRP Ledger, using XRP, it takes 3-5 seconds to complete the transaction (and costs next to nothing)... That's why it's so good - it eliminates the need for 'trust' in anyone and anything when exchange of money is involved.
That's why the banks are shit scared of it.
There's a whole new financial ecosystem coming, and some coins/tokens will be in it - and 99% will not. Once proper regulations come in this will kill off the tens of thousands of shitcoins like PEPE and so on. This digitised form of rotting potato peelings will eventually be outlawed, and I...
Indeed...
If you want to control the monetary system of a country, do you try and shepherd 500 banks - or do you screw over all the little banks and let them get swallowed up to leave say, ten or twenty standing? A lot easier to manage...
All by design. This was planned years ago.
Great answer-dodge there...
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What are the main reasons behind the decision to not introduce SwissBorg to the US? - Viktor Dimov
The US market is very appealing - it’s massive, homogenous, and has a fantastic crypto community. However, entering any new market is a...
Until there's full regulation and insurance in the industry I don't trust leaving anything with anyone. I buy through Uphold and the second my transaction is cleared I'm flipping open my laptop, connecting up my Ledger Nano, and getting my crypto the f*ck off the exchanges.... If there's...
It's the last bit
A token is a token, and a coin is a coin. You can have Private Ledgers, of course (to keep the riff raff from knowing your figures). In the case of XRP it'll be worth the same on a private or public ledger and I suspect that'll be the case industry wide. If it doesn't, then...
Crypto could indeed be independent of existing financial systems. Completely.
However, do you think the banks and institutions will just shrug their shoulders, watch themselves go out of business, and walk away - or... will they realise that crypto and blockchain is the future of money and...
Ummm... that's like saying that home computers are being invested in because Memorex is throwing a bit of money at audio cassettes (back in the 80's).
This thing is massive. Really. Massive. It's all being pushed under the radar so the rich and the elites can get their ducks in a row, buy...