#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Texas bill proposes state-issued gold-backed digital currency - Insider Paper
Lawmakers in the United States are proposing bills that oppose the development of a central bank digital currency (CBDC) based on the U.S.
https://insiderpaper.com/texas-bill-proposes-state-issued-gold-backed-digital-currency/
Nana, Direct Internal connection to God, WWG1WWA, MAGA, Angels are here already #FightLikeGodIsBesideYou
Nana. understands from Juan O Savin that constitutional money is Gold and Silver coins, and I understand XRP and XLM replacing the Swift System for moving money.
Asset backed or not there has to be a digital way to move money around, I get that too.
Maybe school Nana on how a the actual asset can be digitally tied to the digital currency in a way that our digital currency can't be taken away or turned off?
With gold and silver coinage it is a physical thing you can hold in your hand, but for large amounts that is not physically possible either so what banking or other mechanism to assure you have access to your coinage?
Remember please Asset Backed Currency 101 for Dummies.
Assume I Know nothing.
Ppl need some schooling and hence forth some direction and calming on this about now please and thank you.
We have newbies all the time.
Trump fan for a long time. Kicked of Twits 3 times, then banned forevs they said. Here to keep up with the latest. Kelpie fan. Christian.
Thanks Nana. I'm new to crypto, and don't know anyone investing in it. I'm pretty much vibing it. This website's series "everything you need to know about......." is helping me. Lots of good information on this site.
Check out XDC for gold backed tokens
https://www.securities.io/investing-in-xinfin-network-xdc-everything-you-need-to-know/
Investing In XinFin Network (XDC) - Everything You Need to Know - Securities.io
XinFin Network (XDC) combines an open blockchain with permissioned smart contracts geared towards large financial institutions.
https://www.securities.io/investing-in-xinfin-network-xdc-everything-you-need-to-know/
OK thanks, I have bought all the XRP I am going to buy and do not plan to buy any cypto, but thanks.
Anyone that wants to or idk if you even still can buy XRP, I would just say make sure to buy from a reputable source because I know ppl that bought from some selling that were just scams and they lost their money right off the bat.
Trump fan for a long time. Kicked of Twits 3 times, then banned forevs they said. Here to keep up with the latest. Kelpie fan. Christian.
No worries Nana. the information on the site in the series is awesome - XRP, XLM, not sure what else they have. Seems thorough.
The series covers most of the popular coins. I found it easy to read and understand.
https://www.securities.io/a-look-into-ripple-how-to-buy-ripple-stocks-and-xrp-tokens/
I haven't lost any crypto. I went with the big exchanges - recommended.
Black Swan Capitalist has excellent videos.
Investing in Ripple (XRP) in 2023 - Securities.io
As a informed investor, you need to understand the deffrences between Ripple and XRP and how each of these items play a role in the Ripple ecosystem
https://www.securities.io/a-look-into-ripple-how-to-buy-ripple-stocks-and-xrp-tokens/
People are saying that gold bars would be problematic for daily use, well, yes, however, silver, in coins, would most likely be okay.
I would have to know a lot more about digital money before I ventured in that way and right now, I feel that's impossible!
Besides, I'm counting on the Quantum Financial System and hoping that the White Hats, Q, the Q Team and Q+ will do it so utterly right that no one will have any concerns.
And I'm praying, also!
Nana, Direct Internal connection to God, WWG1WWA, MAGA, Angels are here already #FightLikeGodIsBesideYou
I hope so too. While I understand that it wont be exactly like some are saying, I do hold out faith that the White Hats have planned this out well.
Memes, Sigma Empath, stoic, whisky, beer God is omniscient, omnipotent, and omnipresent; so what does God lack ... limitation -J. Peterson
It does not have to be gold bar, but it can be gold coin, a certificate (physical or digital) backed by gold currency - like was done in the past-
