#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Next topic.
Fall of the Petrodollar.
Leads to>
Redemption period. (70% of cash overseas)
Leads to>
Rise of the US Dollar. (Deflation)
What doesn't kill you makes you stronger.
more stimmy to come? people with wheelbarrows of cash, except this time, it’s actually worth something?
i know in the past you said change of system forces disclosure of hidden $.
death of petrodollar means are currency is no longer dependent on oil trade. means we can begin introduction of new forms of energy without disrupting trade / $ strength.
redemption decreases money supply (an effective burn), bringing on deflation. puts people in control. further, encourages and gives need for backing with PM’s or some other tangible asset.
all successful societies have a deflationary currency. not just in terms of decreasing price, but money is a true store of energy and value. work done years ago should still be valued today. and in fact, with technology, it should only be MORE valuable today.
this encourages savers, discourages the need to wildly speculate since interest rates rise and lending / saving generated a low risk high yield return.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Well said Patriot.
most interesting thing, and I am amazed every day by it, is the role that exists for XRP. a BRIDGE asset between sovereign nations.
the petrodollar was perfect at what it was designed for; to gain leverage over other nations and force them to comply with a system.
Blackmail.
a bridge asset allows each nation to maintain its own currencies/money (commensurate with their laws/constitutions) but trade with other nations without ever seeing that foreign currency.
No counterparty risk.
Instant settlement.
No complex hedging strategy for currency swaps.
No issues of nations run out of $ (e.g. Nigeria https://www.youtube.com/watch?v=t4ZOno91g64) causing default / repayment issues (e.g. Russian 'default' declared for them by the west)
Freedom of nations.
Freedom of the people within them.
End of the Bankers' Wars.
In the meantime, we learn the TRUE meaning of "Give me control of a nation's money supply, and I care not who makes its laws". Never again.
XRP as the bridge asset? I can't see it. It is way too volatile. They will need a stable coin or maybe none at all and with everything being a digital asset on the blockchain, why would you need xrp itself? The international banksters just need to agree on a network that works like ripple. The token means nothing. They can just start an xrp 2.0 and use that.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Relationship are important. The risk is not if they will be using Ripple, its if the token XRP or will they just create another token using Ripples tech. Since we all know everything the gov tells us is total bullshit it becomes obvious that this SCC lawsuit is a ploy to give XRP 100% clarity in the crypto space. Every other crypto currency will be targeted after this lawsuit is over. Looks like they will go after Ethereum next. I have seen Ethereum's logo on some flag once, cant remember.
Anyway XRP Just takes a flick of the switch.
Green light, Coinbase/Binance/Kracken etc.
Green light Nostro/Vostro.
Green light SWIFT.
Green light Retail.
Green light Hedge Fund thingies.
Green light G...
As you can see I am excited about XRP.
Need to be clear that I am not a financial fortune teller. Just using logic. Not recommend you even buy it unless you are prepared to lose 90% of that investment.
Example 90% down on TOWN coin :(
I think the ethereum logo has been proposed as Antartica's flag or something like that. I agree SEC clarity on xrp will be good for xrp. But when it gets tossed around as the world's bridge asset and all this kind of stuff or being bought back at insane numbers by banks or some system - it just doesn't compute with me. It's the hype and hopium based on it being "the one" and why would that even be a good thing? Wouldn't it then have to have a stable value? Anyway, what do I know. Just my thoughts.🤷♀️
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
I didn't understand until I looked into how banks interact with each other. It a total joke. That's where ripples On Demand Liquidity (ODL) comes into play. The price of XRP doesn't matter since the buying and converting is done in the same (3 second) transaction. The price is set by how much money is parked in the ODL enabling larger transaction.
Making sense?
Yes, it makes sense. But, I still say on a larger scale, using a speculative xrp instead of a stable coin (xrp2) used for ODL as the bridge is too complex and really doesn't seem logical to me. I own xrp so not a hater. I just don't think it will be the xrp we are trading as the one. I think it will be the tech though as even I have used xrp to transfer between exchanges. Fast and cheap. Just on a world finance stage? I just can't fathom it. Just my current take. I dunno.✌️
Jesus Saves, WWG1WGA, God Wins, 9/11 Truth, Trump Supporter, JFKjr lives, Truth Will Prevail, #SaveTheChildren
yup. plus ripple the company has been building all the needed relationships with governments and banks for many years now. no other crypto or ledger system is ready to do what xrp is. queue up the coming liquidity crisis and bingo they flip the switch. not to mention it could potentially be backed by gold to do a new gold back financial system in a cryptocurrency kind of way.
