Fren said he bought a pile of these cryptos,
What are your thoughts?
About 6 days ago founder of cardano, Charles Hoskinson is appointed crypto adviser for new Trump administration. Hoskinson has had an ongoing spat with XRP community. However soon after he announced collaborations with XRP after his new role. Why the change of heart?
Gay Gensler announces his resignation. This was expected. The very next day Trump invites Clayton to be attorney for southern district of NY. Clayton was the guy that declared XRP a security his last day in office as head of SEC for Trump. Interesting timing. Obviously Trump has no problem with Clayton which resulted in XRPs price crashing. Was it part of a plan?
Two days ago Trump declares US cryptos free of capital gains. This includes XRP.
I see this all the time, XRP new currency for banking! Send 100M for 0.30cents!!
But why wouldnt US Gov just make a blockchain for Gold and Silver and just have it regulated by a treasury to keep a balance/tally of total gold & Silver divided by number of treasury 'dollars' to represent a solid currency.
Who in their right mind would trade an ounce of Gold for XRP which is already circulated, & owned by other people already? You may as well just give away your gold. Cause somebody else beat you to it.
There is no way in my mind that this is the plan for future currency. There has to be a treasury to buy and sell the gold for a currency. It should be blockchain to track it. But why not just make a new system from scratch or use BRICS?
Does this chain of 'logic' not make sense to anybody else?
XRP seems useless to me in a Gold & Silver environment.
