/biz/ - Business & Finance

this has been planned for a very long time

https://en.wikipedia.org/wiki/Bancor

Bancor would not be an international currency. It would rather be a unit of account used to track international flows of assets and liabilities, which would be conducted through the International Clearing Union. Gold could be exchanged for bancors, but bancors could not be exchanged for gold. Individuals could not hold or trade in bancor. All international trade would be valued and cleared in bancor. Surplus countries with excess bancor assets and deficit countries with excess bancor liabilities would both be charged to provide symmetrical incentives on them to take action to restore balanced trade. In the words of Benn Steil,

>>24396060
Checked, RIP King

>>24233181
There's not enough schizo content in them anymore. Have some.

>>24229708
>>24229752
Our schizos are autists. There is no rabbit hole they haven't been down. If you know, you know.

>>24219711
first two posts are trips and dubs
>bullish

anyway i think XRP will defy traditional TA because its price increases are a result of outside factors, namely adoption by large financial institutions and its utility as a bridge payment

>>24089325
what a strange thing to post! how do you feel that this contributes to the discussion of XRP, friend?

I love waking up to a nice fat green candle, I just hope it doesn't go too much higher so I can continue to pack my bags

We're getting close, can you feel it?

here is some more evidence that this year, 2021, is unfortunately, not a normal year, and that all of this as been planned for decades. Trump vs. Biden was always in the cards.

pic related,
prediction in 1988 that Trump and Biden will win their respective nominations

1988, same year as the economist article, 33 years goign on when 2021 hits
1988 same year Lakers and dodgers both won championships which happened this year

this is partially why i dont believe trump will be a savior sadly. he is part of this plan.

XRP SWITCH

As you know, Ripple have now partnered with a number of exchanges around the world and surely this number will grow. This network of liquidity providers will become the go-to place for buy/sell for Retail Market Makers as these are the exchanges that are servicing transactions for the payment flows of the institutions. If an exchange is not within this liquidity network, then the XRP on these exchanges will drain away as Retail investors begin to move their XRP onto the platform. This will happen due to either: Arbitrage — although other exchanges will not let the price fluctuate too much so as not to miss out on the higher prices. 2. Natural migration to preferred exchanges for rapid buy/sell opportunities

As one can expect, no exchange will want to miss out on the potential for making money where servicing XRP transactions would provide a healthy income stream for the exchange. Unfortunately, most exchanges are simply not large enough with enough capital backing for Ripple to sign them as a preferred exchange.

Now, onto the method of price increase which I believe will occur. We can guarantee that the spread on the exchange for XRP will be extremely tight so as to ensure near perfect entry and exit from the Ripple Preferred Partner Solution (RPPS from now on). The RPPS consortium will also be working within a framework that will ensure co-ordinated price movement of XRP to eliminate arbitrage trading from XRP/FIAT pairs which will then obviously filter into the USDT/BTC markets on these exchanges (thats even if they still exist at this point). It will be a requirement that these 3rd party pairs will need to decouple from XRP so as to ensure that extreme price fluctuations in BTC will never impact the price of XRP. Even a price drop of $0.01 cent will have a dramatic impact on the movement of value when we are talking about Millions of Dollars. 1/3

IBM announces partnership with R3 Corda (Ripple partner)
https://twitter.com/LedgerInsights/status/1319227913938604032

(this is big and was just announced like 2 hours ago, ids habbning)

>>23166594

>>23111144