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.

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.

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 :(