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SirSaturday 2 points ago +2 / -0

A wise man would diversify.

You can't quickly send silver all over the world in 4 seconds. Would you want your business being held up because your payment is in silver and you have to wait days and days for the recipient to get your silver and then wait for them to verify it's real?

I mean you can operate on the idea that we're heading in to total collapse and you'll have to chip a pieces of silver off to buy goods but how long do you think people will put up with that?

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SirSaturday 1 point ago +1 / -0

Tricky to say now that all these exchanges are going cray cray.

In Canada I buy it through CoinSquare.com - they're insured now, I've never had any probelems with them but I always buy and then put it directly in to my Ledger Nano.

If you don't have a hardware wallet, get one or at least use Xumm on your phone or something. Don't keep it on the exchange or you could lose all your crypto like FTX people.

UpHold is another one I heard you can buy from. Also BitGet and Bitrue.

Another thing you could do is buy a crypto you know you could buy and have it converted using a service like https://changelly.com/

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SirSaturday 0 points ago +1 / -1

XRP, is a proof of stake tech, which means it’s centrally controlled has a central authority.

The Ripple network does not run with a proof-of-work (PoW) system like bitcoin or a proof-of-stake (PoS) system like Nxt. Instead, transactions rely on a consensus protocol in order to validate account balances and transactions on the system.

It also has a CEO and board members, it can issue new tokens at anytime.

XRP doesn't have board members. It's like Bitcoin, it was a protocol that was created as a decentrilized currency. It started as OpenCoin and it's open source. It cannot issue new tokens. It's like Bitcoin. There's a set amount out there.

Ripple has board members and a CEO but they only make software that works with banking infrastructure.

Why do I need XRP when I can do it all with another non-centralized cryptocurrency.

Because XRP will have legal clairty. Also like I said, XRP is for banks to do international transfers to each other. People probably wouldn't be using it between eachother. XLM or something will be used for day to day as well as cash.

The used case for international real-time settlement a weak compared to a Decentralized Network.

XRP is decentrilized.

Would any of the BRICS country trust a centralized Network?

Because XRP's price will be fixed to the price of gold. Banks will transfer between eachother using XRP has a sea of gold liquidity.


Also, thanks for being very cool. I've spoken with others about XRP on here and they have devolved into insults and shit. I think at the end of the day banks want to save on overhead, cut out middle men, do business fast and legally. It'll be hard to tell banks not to use what they want to use between eachother and we all want gold to be the standard but shipping gold everywhere isn't an answer either and SWIFT sucks.

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SirSaturday 6 points ago +6 / -0

Trump could always use Truth for politics and Twitter to shit on people and have fun.

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SirSaturday 5 points ago +5 / -0

Yeah but he also did that disgusting joke about Ukrainian forces killing a lot of Russians.

When did the left become such war mongers?

by BQnita
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deleted 0 points ago +1 / -1
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SirSaturday 2 points ago +2 / -0

Yeah, I think flare is waiting for XRP’s case to be over as well. I don’t thing they want to rock any boats and that’s why it hasn’t been released yet.

I think Flare will act as DeFi and Ethereum for the XRP network.

I think after XRP the SEC will go after Ethereum and the price of Eth fill drop like a stone and that’s when projects will use XDC to convert over to flare and XRP to operate.

I think the fasset stuff will be used for DeFi. Like you’ll be able to stake your underdog tokens for more kind of like what Binance offers but decentralized.

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