This guy is going down the rabbit hole. He also advocates for staking your crypo with an insured bank when they get in to the scene more down the road (maybe with Polysign) and you'd get a percentage of earnings every year on your XRP instead of just selling it one time, which is more ideal.
I have never gotten into crypto, so this most likely won't affect me. The reasons I didn't get into it was that I could never quite see how it operates. It's not a "currency" in the strict definition of the word, it doesn't act like currency, and seemed that its "value" was something not determined by backing in anything.
Perhaps, but I have found that sticking with the things I do know (currency, gold and silver coins and bars) and standard banking accounts -- savings and checking -- serves me better and gives me more peace of mind than trying to learn about technologies that I don't understand. Maybe it's my age, but I am very conservative when it comes to my money.
Thank you, Sir Saturday, this information is gold. Appreciate it.
No prob, check out this guy's video he covers daily XRP/Ripple news, you could check his most popular videos see anything that might stick out to you:
https://www.youtube.com/@WorkingMoneyChannel
This guy is going down the rabbit hole. He also advocates for staking your crypo with an insured bank when they get in to the scene more down the road (maybe with Polysign) and you'd get a percentage of earnings every year on your XRP instead of just selling it one time, which is more ideal.
https://www.youtube.com/channel/UCmrU1HFPpy5DfUySK6okqEA/videos
I have never gotten into crypto, so this most likely won't affect me. The reasons I didn't get into it was that I could never quite see how it operates. It's not a "currency" in the strict definition of the word, it doesn't act like currency, and seemed that its "value" was something not determined by backing in anything.
What if the banks accepted the crypto because it was compatible with their network?
Perhaps, but I have found that sticking with the things I do know (currency, gold and silver coins and bars) and standard banking accounts -- savings and checking -- serves me better and gives me more peace of mind than trying to learn about technologies that I don't understand. Maybe it's my age, but I am very conservative when it comes to my money.