"Invest" is a strong word. I don't expect a sizeable gain, but that's not the point. In effect, Tether is buying gold held in a Swiss vault, even though you can use it to fund crypto transactions.
Should SHTF, you can get physical delivery. It's a hedge.
Trump tweet is against UNREGULATED cryptocurrencies. ISO20022 digital currencies are backed by precious metals.
That means likely BTC and ETH might/will go away.
So which cryptos will remain and be used for international transfers with low fees?
Puck one and invest.
Came here to say this. I had / have high hopes for the Gold-backed Ripple, but they need to emerge from their SEC legal issues clean, first.
There are others, but a few are based in Shanghai, which I can't trust. Right now looking at Tether as a frontrunner.
You want to invest your money in tether?
"Invest" is a strong word. I don't expect a sizeable gain, but that's not the point. In effect, Tether is buying gold held in a Swiss vault, even though you can use it to fund crypto transactions. Should SHTF, you can get physical delivery. It's a hedge.
Did you know that USDT is pegged to the US dollar?
It’s looking good for ripple so far imo. Definitely glad I held during the crash.
Only crypto I own is a bunch of XRP and a little bit of XLM.
But Ripple will be THE international transfer coin imo.
Sold all my DOGE to buy GME.
To Uranus we go!
I have 625.433981 XRP -
If Gates funded Ripples escrow and EO takes his assets, then the US becomes the co-owner of the escrow. US can now back XRP with Gold.