We should cut back on pre-shredded cheese and Make America 'Grate' Again.
XRP
FIAT? 🙄
We should cut back on pre-shredded cheese and Make America 'Grate' Again.
XRP will be considered fiat until its backed by gold.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
XRP is a bridge. Central banks can and will use the XRPL to build their CBDC aka digital fiat but anyone can come out with a currency on XRPL including Visa and We The People.
i dont trust any digital currency
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
If you use creditcards, autopay, etc you are already using it.
but I can go to the bank and get cash. I like cash. I use my debit card but I like cash.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
All cash will be blockchain based. You will be able to get paper cash but it will be on the blockchain. Right now the USD is getting looted. You see them stealing all this cash. At some point all current paper cash will have to be converted. All this looted cash may have a hard time getting converted because [they] will have to prove where it came from. There is trillions of ill gotten cash out there worldwide.
so is it bad to keep cash on hand right now? Will it be worthless?
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
It wont be worthless as long as you aren't a drug dealer.
You will have a chance to convert it when its time.
I lived in Ibiza/Spain when the the Euro was introduced...those who had [black] cash stored outside of the banks got caught out as the banks would demand proof of where the money [over a certain amount] had come from...many drug dealers & businesses that ran on cash lost a lot of money.
