/biz/ - Business & Finance

>>7709657
for this

He's right, only the Jew approved ones will survive.

>>7641937
>Volatility
Mmh, not like XRP is not volatile. Using USD would definitely not be volatile, banks could choose to hold it as a reserve without worrying about it. And again, they could introduce any new token if they want it to be public. No strong reason for XRP be the one, it's all a political gamble. Most likely course of action for them is one central entity like a consortium of banks to issue one new "world currency" to work alongside fiat. They'd start pushing it as a global currency and distribute it however they like.

And that's assuming they really want the public to hold the token instead of keeping the token between the banks working just fine thanks to the network's new ability of connecting any two banks through any hops. It's a big speculation that any kind of intermediary token is even needed, it's an even bigger speculation if it's gonna be public and XRP of all options.

How does Ripple even expect XRP to have liquidity when they don't want regular people using it? There's no official wallet for users for god's sake.

>Settlement
>Counterparts risk
Don't see how these are issues with what I described above
>Political conflict (Russia and China are already moving away from USD)
An issue for XRP as well
>Infinite inflation
Not anymore than with XRP as long as the ledger is distributed like XRP.


There's a couple of other issues with XRP too I didn't even bring up yet. The UNL is a point of centralization, Ripple controls it and deviation from it is a security risk. The network handles disputes badly, and can even be locked up until bad nodes are removed by hand. These two are solved by XLM so if banks ever were gonna adopt a public crypto I'd expect it to be XLM rather than XRP.

You're all being played.

Less than 12 months, how is /biz/ preparing for the end?

Less than 12 months. Hope you're ready.

Looks like the conspiracynuts where right, Crypto was just a launchpad for the New World Order's, one world currency.