US backed stablecoins are CDBCs by another name: private, yes, but centralized and programmable. The controllers cooperate 100% with the government allowing the U.S. to skirt around privacy laws. Tether, the favored coin, froze 32 wallets last October, next month they froze $225 million. All other crypto except Bitcoin can be abused in this manner.
Apparently Sailor takes out 2 billion dollar loans to buy bitcoin. If micro strategy ever goes bankrupt and they have to liquidate, bad news. That's why I think xrp is a better choice. That's why so many are maxis because they can't afford bitcoin to go down.
If any of those get on the reserve plus tax free status, institutional money won't bother with any other crypto and all that money will be concentrated in a select few.
I'm a bitcoiner and I am looking forward to the Crypto Summit tomorrow.
XRP is the only digital asset you should be buying.
I'll agree, but i hope everyone gets rich
XRP has done me well swinging. I don’t do that as much as I should. I should just buy weekly and HODL.
centralized scam shitcoin that donated to dems
literally just a company that dumps on you morons
US backed stablecoins are CDBCs by another name: private, yes, but centralized and programmable. The controllers cooperate 100% with the government allowing the U.S. to skirt around privacy laws. Tether, the favored coin, froze 32 wallets last October, next month they froze $225 million. All other crypto except Bitcoin can be abused in this manner.
Apparently Sailor takes out 2 billion dollar loans to buy bitcoin. If micro strategy ever goes bankrupt and they have to liquidate, bad news. That's why I think xrp is a better choice. That's why so many are maxis because they can't afford bitcoin to go down.
" That's why so many are maxis because they can't afford bitcoin to go down."
...valid observation...
...carry on...
You are 1 million times correct
I really don't see anything happening to Bitcoin XRP or Etherium
If any of those get on the reserve plus tax free status, institutional money won't bother with any other crypto and all that money will be concentrated in a select few.
https://archive.ph/wip/Ukhzv