Not that complicated,if silver hit 50 several of our biggest banks will be broke. They have a huge number of shorts,and their is no limits to their losses. When they start to cover,it will drive the price up much higher.
While I agree XRP has always been a product of the Deep State and was intended from the beginning to be their vehicle into the WEF's new financial system, I'm not sure the lawsuit is intended to get support from Trump.
Instead, I think it is meant to legally establish the bounds of what a cryptocurrency will have to meet in order to be considered acceptable as a currency. This lawsuit will solidify their power to claim that a public, distributed cryptocurrency like BTC is merely a commodity/property, while XRP will be legislated, adopted and regulated as a "real" currency.
That position has been known/expected since at least 2017, when XRP began seriously courting central banks.
My only question is: what is Trump's real vision for crypto? Is he genuinely willing to let the public decide what we want to use for money, even if that means the governments of the world may lose control? Or is he going to cave to siren call of keeping control to make sure it doesn't go in a way of which he disapproves?
The hardest thing for any CEO is to turn over control of a company you have built to someone else who may not share your values. If he really lets the public decide, we may not make the choice he would prefer.
But.. I loathe the WEF. The sane countries are accumulating gold. I have yet to read a technical or logical reason to add crypto.
Trust is the issue, so why not just copy central banks and eliminate counterparty risk? At least insofar as to hedge against downside risk. I hold stock for upside.
I don’t hate crypto, I just don’t trust anything anymore, and hey, BTC could go to a million dollars, wouldn’t surprise me, but it could also get hacked, or controlled.
But I am curious, why ripple, like.. is it an investment, is it money? And why should I trade stocks or metals for ripple? Which central bank are you talking about? The IMF, WB, Fed, Treasury?
If money, what is the use case? That USgov will mandate it? I see that as neither likely nor appealing if that’s the reason.
If investment what is the catalyst? Essentially why would anyone care or what is the source of the supposed yield?
I would like to like ripple, but I’ve never heard a single cogent argument for it, which is not to say there is not one!
A loaf of bread is still a loaf of bread ---- by attaching a big number to it does not increase it's value ---- it still makes the same number of sandwiches.
Not that complicated,if silver hit 50 several of our biggest banks will be broke. They have a huge number of shorts,and their is no limits to their losses. When they start to cover,it will drive the price up much higher.
While I agree XRP has always been a product of the Deep State and was intended from the beginning to be their vehicle into the WEF's new financial system, I'm not sure the lawsuit is intended to get support from Trump.
Instead, I think it is meant to legally establish the bounds of what a cryptocurrency will have to meet in order to be considered acceptable as a currency. This lawsuit will solidify their power to claim that a public, distributed cryptocurrency like BTC is merely a commodity/property, while XRP will be legislated, adopted and regulated as a "real" currency.
That position has been known/expected since at least 2017, when XRP began seriously courting central banks.
My only question is: what is Trump's real vision for crypto? Is he genuinely willing to let the public decide what we want to use for money, even if that means the governments of the world may lose control? Or is he going to cave to siren call of keeping control to make sure it doesn't go in a way of which he disapproves?
The hardest thing for any CEO is to turn over control of a company you have built to someone else who may not share your values. If he really lets the public decide, we may not make the choice he would prefer.
But.. I loathe the WEF. The sane countries are accumulating gold. I have yet to read a technical or logical reason to add crypto. Trust is the issue, so why not just copy central banks and eliminate counterparty risk? At least insofar as to hedge against downside risk. I hold stock for upside. I don’t hate crypto, I just don’t trust anything anymore, and hey, BTC could go to a million dollars, wouldn’t surprise me, but it could also get hacked, or controlled.
But I am curious, why ripple, like.. is it an investment, is it money? And why should I trade stocks or metals for ripple? Which central bank are you talking about? The IMF, WB, Fed, Treasury?
If money, what is the use case? That USgov will mandate it? I see that as neither likely nor appealing if that’s the reason.
If investment what is the catalyst? Essentially why would anyone care or what is the source of the supposed yield?
I would like to like ripple, but I’ve never heard a single cogent argument for it, which is not to say there is not one!
You know it comes down to the money. We can't continue ue with the rothchild system.
always has been
With a lot of hedges ---- you don't profit ---- your measuring stick just shrinks.
A loaf of bread is still a loaf of bread ---- by attaching a big number to it does not increase it's value ---- it still makes the same number of sandwiches.
Let's say you measure a "foot-long" loaf of XRP bread with a ruler.
Next year the foot is divided into 23 "inches" instead of 12.
Your loaf of bread still makes the same number of sandwiches --- even though you can now brag that it's 23 "inches" long now.
Your hunger level is still the same --- no extra bread was created.
The dollar is a shrinking ruler of measure.