My cousin just called me hypin this XRP stock, "Its the future of digital currency, the next bitcoin". Im pretty wary of it tbh. I been buying silver and gold. Just curious if you guys had knowledge of it. I guess it just WON a settlement against the SEC?
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The larger bitcoin gets the less volatile it is. Its growing pains, and fiat currencies are subject to extreme volatility as well. The US has just enjoyed having the dollar as the world's reserve currency for a long time which creates some level of stability. But it won't last forever, because the base layer is corrupted.
Money printing by a central bank is indistinguishable from counterfeiting, which is illegal because it's theft.
Its a payment system and it doesn't need any external currency to work. You can just price things in bitcoin. Does the EUR cease to exist if USD dies?
You should spend more time thinking and studying before forming such a strong opinion.