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1 - When you look at the current situation in Africa regarding the "scramble for resources", the current contracts and property rights agreements in place bring up an important question.
1 - During the late 1800s, the leaders of multiple European nations were knee deep in Imperialism.
1 - When resources like oil or gold are extracted from the land (or sea), the nation from which the resource came from often “takes a cut”.
1 - France used to have 17 colonies in Africa, and to manage the economies of those regions, currencies were issued.
1 - In the late 1950s, the Dutch discovered a large natural gas reserve in the North Sea. This led to a sudden inflow of capital from selling this resource to other countries.https://x.com/mollyelmore22/status/1666489120401547293?s=20
1 - The greatest disruption that technology has caused is to intermediaries (middle men).
1 - Yield-based securities are different than other types of investments because they generate "yield" (a form of income).
1 - The money system is the backbone of modern life.
1 - For over a century, the world has been divided into two broad groups. The nations that produce resources and the nations that consume those resources.
In June 2023, the Valuation Committee distributed an analysis on the Fair Market Value of XRP.
1. Tokenization of assets is about recording and transferring ownership rights via the blockchain.
1. Gold has been considered money since the beginning of civilization & commerce.
1. As e-commerce becomes an increasingly larger part of our world, security needs around credit card and bank account information became a big priority.
1. In December of 2020, the SEC filed a lawsuit against Ripple that led to a sell off of XRP and subsequent decrease in market price.
1. Smart contracts, digital assets and the blockchain opened the door to a new era in financial trading.
2 - The dollar system was born in 1913 when the Federal Reserve system was created.
1. Objective of the paper: