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The Audacious Investor Profile picture
@audaciouslnvest
Jan 30 • 4 tweets • 2 min read • Read on X
The UAE sends a cross border payment to China via the #mbridge platform.

And no the mBridge platform is not the #XRPL or a subchain of the #XRPL and does not use #XRP.

I had to explain this to many XRP maxis who literally think the word 'Bridge' means XRP, so it is being used🤦🏼‍♂️ Image
#mBridge is not the #XRPL.

And cross border payments can be performed by nations without needing the #XRPL or #XRP as a bridge asset in between.

mBridge is proof of that.

The notion that #XRP is needed for cross border payments is simply not true, it's just an optional method. Image
This literally sums up alot of #XRP holders. They hold #XRP whilst believing in made up reality that isn't true. Imagine believing #mbridge is an #XRPL subchain or that it was built by #Ripple because of feelings, speculation & disregarding all objective evidence. What a joke! 🤷🏼‍♂️ Image
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More from @audaciouslnvest

The Audacious Investor Profile picture
Dec 27, 2023
This is not the first time the #XRPL has been spammed and struggle with slow tps. Airdrops did it before. But what I can't wrap my head around is how people believe banks will use public XRPL for their CBDCs if spam can slow it down like this? Make it make sense #XRP. Image
Using #XRP requires the use of the #XRPL. And if the narrative is banks will flow their money through the XRPL to use XRP as a bridge asset, however someone creating airdrops or spamming the network slows tps. Bear in mind the tps average is already slow relatively speaking too.
And this is an issue still while we are coming to 2024. The #XRPL tech wise is not even efficient to handle high tps. It buckles off of airdrops. But I'm being told it will handle CBDCs worldwide passing through the public chain. Give me a break. It doesn't make any sense.
Read 5 tweets
The Audacious Investor Profile picture
Nov 30, 2023
Citi Rep: "Being a highly regulated institution we can't touch crypto or stable coins or anything like that"

"We are on a permissioned chain."

Then she goes onto say..

"That programmable money is really what clients want."

Is she talking about crypto like #XRP in this clip?
I'd argue she isn't. The moment she ruled out crypto or stablecoins she ruled out any indication she is talking about #XRP. And that's for people who also claim XRP is a stablecoin - which it isn't.

Then now I've seen it said, but XRP is programmable money. And that isn't true.
#XRP is not programmable money. It is a gas token for the #XRPL and has a utility of being a bridge asset for liquidity purposes during exchanges between tokens built on the #XRPL.

XRP is not programmable money, and she was not referring to it in this video either at all imo.
Read 10 tweets
The Audacious Investor Profile picture
Oct 24, 2023
1/ This is the reality - if exactly what was happening in Palestine was in reverse, whereby it was the Arabs bombing the crap out of Jewish communities, killing Jewish children, stealing their homes, locking Jews up in Gaza, & oppressing them for 75 years. And all the videos...
2/ circulating were of slaughtered Jews pulling their dead kids out of rubble.

I know for a certainty all of you sick people that have tried to justify Israeli terrorism (one way or another) would not be justifying their oppression - and frankly neither would I.
3/ You would condemn it outright with no excuses, no IFs or BUTs, or Arabs have the right to defend themselves, or the land belongs to Arabs because of ancient history, or both sides are wrong, or it's a psyop, or scripture allows it, or even care about any Israeli attacks back.
Read 6 tweets
The Audacious Investor Profile picture
Oct 4, 2023
One thing I've noticed being a non tech individual with my own thoughts & perspectives that isn't always in line with 'techies' is that some of them can become extremely arrogant & toxic when I don't put their opinion on a pedestal like all the other 'plebs' do. Image
They become pretentious & throw their tech credentials at me as a way to validate their speculative opinions & dismiss & discredit my own perspectives - not based on actual facts, but simply because I'm not in tech & I'm a 'pleb'.

Most plebs put them on a pedestal but I don't 🤷🏼‍♂️

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They really want to be put on a pedestal. Their perspectives not questioned just accepted. And if you dare have a different view point they throw their tech background to intimidate, to falsely provide validity for their speculation, and undermine you. It's a red herring.
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Read 7 tweets
The Audacious Investor Profile picture
Oct 3, 2023
@TeesCryptoSpot This is how I interpreted that clip:

He started saying "we are using the same technology with the XRPL"

As in the private Ripple CBDC platform is using similar tech to a m-CBDC platform or what the BIS would refer to as the m-CBDC model...
M-CBDC models basically allow institutions to build their CBDCs on the platform which are the native tokens as he explained. And then throughout the whole clip he's explaining the Ripple's m-CBDC model not the m-Bridge m-CBDC model - which is another m-CBDC platform altogether...
He explains on the Ripple m-CBDC platform XRP could potentially be used between CBDCs as a way to interact across border. And that using a neutral bridge asset is an idea for CBDC interoperability.

This just tells me that using XRP is a option for CBDC interoperability within..
Read 6 tweets
The Audacious Investor Profile picture
Oct 2, 2023
The flawed logic I see made when comparing #XRP and #QNT ROI is people would say let's say XRP reaches £400 and QNT reaches £10,000 you'd make a better ROI with XRP so it's the cheaper and better buy.

Now what's wrong with that? 🤔

It's basically saying that...
#XRP will do about a 1,000X meanwhile #QNT will do just about a 140X.

Let me get this straight XRP with its 100bn tokens will do a 1000X as a given, but QNT with its lower supply than btc will do just a 140X 👀

Now we've seen low supply tokens reach in the thousands already...
But we have yet to see a token with billions in supply reach in the hundreds yet.

Meanwhile, it's okay to assume from here #XRP will do a 1000X but #QNT just a 140X... when if we apply that same 1000X to QNT it would be over £70k in value, which isn't farfethched even when...
Read 6 tweets

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