They'll probably get rid of central banks and the banks will run on XRP.
and show the people what being free is.
You'll have to serve Colt 45.
You think I'm marketable?
Have you considered a 3rd option? XRP replaces central banks.
So you're a bitcoin maxi?
Okay, what's your team?
Bitcoin was created by the NSA to kill the federal reserve. This thing has been in motion since Bitcoin.
XLM and XRP are the stable coins in their mind. Not USDT.
Sorry, why blah blah blah ISO 20022?
It's an iso20022 compatible crypto in a legal battle for legal clairty at a time when FTX has forced the government's hands to regulate.
Odds are XRP vs SEC will be settled before the Republicans take over in January next year.
XRP is liquidity on demand, when the stock and bond market collapse (and they will) people will be begging for a lquidity crisis solution.
Have you been keeping up with the Ripple vs. XRP case?
Buy a ledger nano, don’t keep your crypto on an exchange. You’ll be okay.
What if the banks accepted the crypto because it was compatible with their network?
I mean, I would hold on an exchange anyway, i’d hold on a ledger or something.
XRP is recognized internationally, America is the only hold out due to the Ripple vs SEC.
But if Ripple wins their case XRP will be the first crypto with legal clarity.
Besides we’re you worried about laws when you bought your bitcoin?
When I bought my Bitcoin I had to make a deal on local bitcoins with a stranger and had to send them an email money transfer and hope they didn’t take the money and run.
Why would I care what the banks want,
To make money?
if I can use decentralized crypto instead?
-
XRP is decentralized.
-
Because who’s going to accept it? Does it have legal clarity?
Think how long Bitcoin has been around. Have you really seen Main Street adoption?
Not really. I mean you can’t go in to any store and buy something with it.
The banks want their system to have legal clarity between them selves before countries decide what crypto they want to use.
If you want the digital cash future Bitcoin was promising, maybe look in to XLM.
So you admit XRP is a great risk?
It has great risk baked in! They’re being sued by the SEC! The open and shut case has been going on for 2 years.
I mean Jim Cramer is telling you not to buy XRP!
That’s risk!
But yeah, when they re-evalute silver you'll make money.
I'd rather you made more money.
$380.29 USD buys you 1020 XRP. You need 20 XRP to hold your account on your Ledger Nano.
A below $500 investment isn't going to ruin you and if XRP goes to $1000, $5000, $10,000 and you're able to stake 1000 XRP for 12% a year with a bank/polysign and you get $1,200,000 a year. It'll make your silver look like ginger beer man.
Yeah, I expect others to delist it. Coinbase did it long ago. I think they want to eventually lock out the public because they really only want banks to use it.
Kind of like what they did with gold back in the day.
https://en.wikipedia.org/wiki/Executive_Order_6102
Executive Order 6102 required all persons to deliver on or before May 1, 1933, (33 is the magic number) all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $433 (33 is the magic number) in 2021)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933 (33 is the magic number), a violation of the order was punishable by fine up to $10,000 (equivalent to $209,000 in 2021),[5] up to ten years in prison, or both.
at the same time I think the Ripple/SEC case will end and people will flood their money and convert their cryptos in to XRP.
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
Why would the banks want to use Bitcoin which is pretty much controlled by China?
What makes Bitcoin great? The mining?
Can you afford food and heat and running a computer 24/7 as a bitcoin node?
Great risk comes great reward.
It’s the new messaging world stand banks will use to talk to each other.
https://en.m.wikipedia.org/wiki/ISO_20022
Basically any messaging system that is ISO 20022 compliant can be used by a bank to send information to each other.
Basically instead of using SWIFT banks will use ISO 20022 compliant tech.
Here’s a list of cryptos that are ISO20022 compatible. Check PAGE 17:
https://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf
The company that utilizes XRP is called Ripple, they’re currently being sued by the SEC because they say XRP is a security.
I just searched the web, could find if they went down. I think they're staggering it. March 2023 all banks have to accept ISO 20022 payments and by 2025 all banks need to be fully ISO 20022 compliant