🚨🔥THE WORLD WILL USE A NEW DIGITAL CURRENCY AS A NEUTRAL BRIDGE FOR GLOBAL CROSS-BORDER SETTLEMENTS🔥🚨
It will not be..
❌the Digital USD
❌the Chinese Digital Yuan
❌any PoS protocol
It will be..
✅BACKED BY NOTHING
✅100% neutral
✅#XRP and #XLM as global #stablecoins
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The US Dollar has been the backbone of global monetary flow for decades.
In 1971, the US officially dropped the gold standard. This step "removes the underpinnings from the worlds money"
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This change meant that the global payment currency no longer possessed any intrinsic value. Its value was solely derived from the confidence of the world's economies that the USD was secure and stable enough to be held and transacted with.
In 2020, the FDIC issued a Consent order on the State Bank of Nauvoo.
"NOTICE OF CHARGES AND OF HEARING detailing the unsafe or unsound banking practices
and violations of law or regulation alleged to have been committed by the Bank"
Zoom out and match Banking needs with Consensus Protocols 🤯
🔴 Not all Banks or Protocols are created equal
🔴 A plan decades in the making?
🔴 What will be seen cannot be unseen
🔴 Could it be any other way?
Long 🧵 ahead...
DISCLAIMER: I possess no expertise in the fields of cryptocurrency, banking or finance. The following is my personal opinion based on my understanding of the needs of different types of banks and logically deducing how digital assets with unique features can meet those needs.
Presupposition 1: There is a PLAN
To achieve any objective, planning is crucial. For decades, it has been anticipated that the system would collapse. They didn't hope on organic growth for a digital solution. They collaborated with the private sector to design a solution.
XRP and Ripple: A Divorce made in Heaven
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
In this thread I will outline my beliefs that the SEC vs Ripple Lawsuit is actually the best thing we could have asked for as #XRP holders, users, ecosystem members and community.
#Bitcoin is often considered the pioneer that offered the world a sneak peek into the future of digital finance. However, if you haven't fully embraced its cult ideology, you may have noticed that the global system is not interested in it.
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While some people believe in the purity of Bitcoin and view it as an organic manifestation born out of necessity, I, like many others, consider Bitcoin to be controlled opposition.
But this opposition and the idea of such still requires management and a solution.
🔴MANIPULATION⁉️
🔴100% A SECURITY⁉️
🔴TAKING YOUR MONEY⁉️
🔴ARE YOU BEING SCAMMED⁉️
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1) This is my opinion, not a declaration of future success of the project or an accusation of illegal activity. It's a non-technical evaluation of the proposal to double #XPR's circulating supply from 14B to 28B.
2) The first concept I'd like you to understand is the "Anchoring Effect." Anchoring involves presenting you with information upfront to influence your judgment of subsequent information. Its goal is to bias your thinking through the lens of the anchor.