👹💰🐴 FTX Appears to Be a Political Ponzi Scheme Running Dollars to Politicians and Through Ukraine 👹💰🐴
(www.thegatewaypundit.com)
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XRP was designed from the start to replace the swift system. Given the SEC drama and how they've been keeping the case going despite having no real chance at winning it, we could look at it and reasonably conclude that XRP is being buttered up to be the first crypto in the US with regulatory clarity...a pretty hefty advantage over every other coin.
There have been 'glitches' of XRP. One of them showed XRP at $22,500 per token....which would cover the global debt.
It's worth doing research on, you'll find some circles claiming it's the NWO currency and you'll find some circles saying it's the quantum financial system. The best I can tell you is that it's going to be a major part of future transactions and the technology itself isn't evil. Whichever side gets their hands on it will use it for their purposes, and since we know how this story ends, I'm pretty optimistic about it.
I currently have some XRP, and I have cash in my Uphold account waiting to buy more if/when the price tanks.
From what I've read, when Tether collapses it takes down all of crypto. At that time we may be able to buy XRP really cheap (some speculate around 10 cents). When the dust settles, possibly with new crypto regulation in place, the ISO coins will rise from the ashes and all the Ponzi crypto will be gone.... Is this something you feel will happen?
I bought a lot more last month at 32 cents, but the thought of it going to 10 cents, and being able to buy 3x as much for the same cost sounds good to me.
Not sure if XRP will be effected by the USDT crash.
XRP is already beat to shit because of the lawsuit.
The Swell conference is coming and the lawsuit could settle at anytime.
I could see USDT crashing and XRP settling at the same time, then the market dumps in to XRP.
Yes, you should keep an eye out for a USDT collapse but if you’re someone who doesn’t have any XRP, buy 1020 at this price and a ledger nano just to have a piece. Then you’re all setup for a down the road dip.
Currently have 20k XRP and 8k XLM in cold storage (SafePal S1) and have some cash sitting in my Uphold account so that I’m prepared to buy quick should a big dip occur.
Those two are the only crypto I have. This stuff is all pretty new to me as of about six months ago, so I’m trying to pick up knowledge as I go.
If you’re looking for some related low cap stuff look in to XDC and SGB.
XDC is used to convert Ethereum projects off the Ethereum network. It’s 2 cents right now.
However make sure your device can store it. My ledger doesn’t hold it but my Trezor does.
Songbird is also 2 cents. However you can hold it on your phone in an app called Bifrost and you can delegate your songbird for more songbird. I have 200k songbird and it gets me 500-1000 songbird a week. When songbird is a dollar, It’ll be like having cash for life.
Songbird is a test network for flare. For a similar project’s price action look at:
https://coinmarketcap.com/currencies/kusama/
I agree, though I would get cold storage asap...I don't trust a single crypto exchange. There was a time when I was making bank off of Cosmos via staking on Osmosis, but Coinbase wouldn't let me sell my tokens there cause they needed to maintain their reserve of Cosmos for their own staking purposes...that's when I knew it was time to get some different wallets.
Tether is literally fake and gay. It's the fed of crypto...literally just prints millions of Tether whenever it wants to manipulate the entirety of the crypto market. If Tether didn't exist, I bet we never would've seen $60k Bitcoin and $4k Ethereum.
Tether WILL crash, there's no doubt about that, but I wouldn't wait for it to accumulate more XRP(and gold and silver probably). There's no telling exactly what will happen, if Tether crashes while XRP has regulatory clarity then it just might go up...who knows? If XRP hits anything above $100 then you'll want to be holding as much as you can when you can.......not financial advice I just like the token =)
Yes, I do have my XRP and XLM already in cold storage. You mentioned gold and silver, and I’m covered on that as well. Also have GME DRS’d, and a big short position on the market… So I’m hopeful that out of those four avenues at least one will pay off. Just trying not to put all my eggs in one basket.
It seems as if silver is the safest bet, the one most likely to surely escalate in value.
What's your opinion on XRP being the deep state's crypto? I've read a lot on it as well. I believe some of the connections are pretty sus.
The thing that gets me is that it is centralized. I tend to lean towards coins that are meant and designed to be decentralized. And if this is the deep state's response, they're probably holding it up with the SEC to deceive the public. I know it sounds far fetched, but we know how they work.
Correct me if I'm wrong, but I'm pretty certain XRP can easily be centralized.
It's obvious that the deep state is pushing the living snot out of XRP, and it's even more obvious that they want to use it to power their CBDCs. XRP could be used for that, but it wasn't explicitly designed for that purpose. It's instant on-demand liquidity and settlement.
One of the talking points against XRP is that it's centralized. But if you notice, most of the big names pushing that narrative are pro-Bitcoin/Ethereum and anti-XRP. There are tons of XRP validators, and that inherently means decentralization.
On the other hand: from what I remember, the CCP gave crazy stipends to a handful of Bitcoin miners in China to basically let them use electricity from the 3 Gorges Dam for free. This basically centralized Bitcoin into CCP control(for a while at least). Then there was the ETH 2.0 merge, where now the elite ETH holders have consolidated the majority of ETH into their control and the little peasant miners such as myself(formerly) have 0 influence on ETH now.
Bitcoin, Ethereum = centralized XRP = decentralized
You have that reversed.
XRP uses a permissioned blockchain controlled by centralized players. Bitcoin is completely decentralized. Ethereum used to be decentralized, but just recently switched to Proof of Stake so that those with huge amounts of it can control both the ability to make transactions and its value. So basically, Ethereum caved to the deep state, which necessarily takes with it most tokens that rely on the Ethereum blockchain.
The important thing to remember is that XRP is merely the veneer of blockchain over the rotting carcasses of the central banking system. XRP gives a small group of oligarchs the unchallenged authority to approve or deny your transfer. Trust it at your own peril.
Correction. There are tons of XRP validators that had to receive approval from a small number of oligarchs in order to become validators, where said oligarchs can revoke their approval at any time. That inherently means centralized.