/biz/ - Business & Finance

>>21648491
youre telling me... that our lives would change completely forever, by the flick of a switch?

This anon explains everything

>>21644558

>>21648518
To me, there is a ranking of people i trust in this order, or at least coins i believe will be nwo, from most to least
XRP
XLM
XDC
Flare/Codius
QNT
make of that what you will, but i do not think they are a true banking coin yet. The fact they dont have an X at the beginning of their token brings doubts

>>21648577
If you know, you know.

>>21648577
checked

Ok cool but WHEN

Dumbass here, what does it mean if XRP is backed by gold?

>>21648867
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

>>21648867
It means some stinky retard has a fat bag of shit that he's trying to dump on you to make up for his own poor decisions.

>>21649069
Just get a bag and go get some pussy it’s gonna be alright

>>21649141
What are suicide and make it stacks?

>>21649268
You'll kill yourself if you hold more than 1 xrp.

A make it stack is literally any other investment.

>>21649268
1k sui, 5k make it

>>21648867

>>21649623
Well flare kills chainlink so I don’t believe this.

>>21648491
xrp
1) premined (fake)
2) centralised (corruptible)
3) determined by consensus (corruptible)
4) uncapped (inflationary)
5) funds can be confiscated
6) transactions can be reversed

its a fucking joke coin. might as well hold us dollar.

>>21650505
Makes a lot of sense why the Fed would want to use it now huh

>>21650706

>>21650505
>>21650706
>>21650824
KEK.

except nah. it is capped. no inflation. anyone can run a validator disproving 2-6. it’s 1 that’s the catch right now for world governments. coming shortly.

>>21650505
SOUNDS LIKE A FUCKING BUY

SCHIZOS LEND ME YOUR ENERGY!
$2K EOY OOOOOOOOOOOOOOO

>>21650505
Butthurt bitcoin maxi seethe never gets old

>>21648867
it means hes lying

>>21648867
That it's the most valuable crypto in the world.

>>21650937
OOOOOOOOooooOoooOoOoOoOoOOoOoOoOoOoOoOoOoOoOoOoOoOooOo

>>21649660
it kills Eth but ChainLink literally needs to be backed by another group/company. social confidence fabric. think about it. that’s why satoshi n musk created it donko.

>>21651038
>pic related also

>>21650505
You can go to fud bingo .com to see why you’re a brain dead fucking retard.
Then you can go to ripples site, search for xrp and read about the escrow.

This isn’t chainlink where sergay holds 66% of the supply not in any type of escrow. K y a f a g g o t. Dyor. Weak fud.

>>21651075
Doesn’t say one thing about chainlink
>it feels left out I know it’s in there! So I wrote it in.

>>21651075
Should I buy ALGO?
I already have a sui stack of XRP and XLM

>>21651075
why isnt iota circled?

>>21650505
Literally every point you just stated is false.
https://www.youtube.com/watch?v=fT0Y1Pf_NNM

>>21651196
Anon, no other has the connections that cripple has. The other tokens are just riding the coattails. Sure, buy algo or xlm but they aren’t even in the building when garlicbread meets with international finance executives.

>XRP Will Never Go Over $1 Again?
Is he claiming XRP will never moon?
Am I missing something here?

>>21651283
The Tangle (IOTA) is the data fabric, this dude is just a faggot typing in chainlink

>>21651038
LOL having this pic saved on your phone. Other people have pictures of girlfriends, family, pets. You have this picture.

>>21652231
my girlfriend literally stole my dog you insensitive fuck. and schizoxrparmy is my family

>>21650937

Oooooooooooo

>>21650505
Another plebeian reveals himself.

Yes douche, we of course should believe you instead of Amex, MoneyGram and a slew of other multi billion dollar institutions right?
Or maybe this is what’s called a “long term” hold not for weak handed pump and dump faggots like yourself.

>>21651196
Yes you should buy ALGO The father of cryptography invented it and it’s backed by MIT.
Another long term coin.

>>21652345
I'm /xsg/ too I just think it's funny bro

>>21652345
Wtf that’s not fair I’m sorry anon

>>21648491
How sad is it going to be when this thing moons to $1000 and linkies will still be waiting patiently to break $100

>>21648867
there's 100 Billion XRP tokens and 10 trillion dollars of gold, so that would mean $1000 per token

>>21652591
all good baby. never even think of it anymore. but when I do I don’t care cuz I know imma gonna dab on her with my success. already have honestly.

>>21652707
I was told $2000 per token

>>21648491
100 EOM, kek

Has any anon read Judy Shelton's paper on "New International Monetary System" that she wrote in 2018?
https://www.cato.org/cato-journal/springsummer-2018/case-new-international-monetary-system
She starts by saying the current fiat system is very volatile, unsafe, and subject to foreign intervention, etc. Then she explains gold standard will solve all this, and how it aligns with Trump's policies. Then she brings up crypto, saying that IMF's plans on regulating cryptocurrencies on a global scale is dangerous to the sovereignty of the US. Instead, she says America should use crypto "in tandem" with the dollar backed by gold. She says this is the task of "the next Fed chairman" to implement all of this (she wrote this one year before Trump nominated her).

After reading this, I don't think all this talk about "the great reset" is schizo at all. It's more or less confirmed for me.

>>21653169
Some quotes:
>Today there are compelling reasons—political, economic, and strategic—for President Trump to initiate the establishment of a new international monetary system.

>The currency disorder that reigns today is anathema to any notion of free and fair trade. Nations can blatantly target the exchange rate they desire—in pursuit of strategic objectives.

>In short, we have the worst of all worlds in the currency arena. It should not require the threat of war this time to spur an American initiative for international monetary reform.

>If the United States does nothing to restore a rules‐based approach to international monetary relations, our values come into question. We lose credibility by failing to challenge an international monetary anti‐system that condones cheating by governments and central banks.

President Trump has demonstrated his resolve to meaningfully address the problems caused by currency disorder. Early in his campaign he called attention to the unfairness of currency manipulation by governments.

>Now he has an opportunity to restructure existing international monetary arrangements—to implement a rules‐based approach—through decisive action.

>Trump responded: “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”

>The task for the next Fed chairman to be nominated by Trump is to craft an interest rate glide path that will soothe markets while supporting a pro‐growth economic agenda.

>A modern version of this [international gold standard] approach—one that permits the issuance of virtual currencies in tandem with government‐issued currencies, adapting legal tender laws to permit healthy currency competition—should be put forward.

>We make America great again by making America’s money great again.

bump

>>21652707
>assuming you trust that it's legitimately backed by gold

help me understand how I can trade my XRP for gold, in this new world order. you're saying in the future, 1 XRP = 1 Troy oz?

>>21653169
I believe.

>>21651892
Think he’s meaning the $ will be no more

>>21653169
I believe