/biz/ - Business & Finance

You obviously shouldn't.

Its good you're seeing things clearly tho, dear :)

>>53115328
Stop making threads about this globohomo shitcoin.

>>53115328
scamcoin for idiots.

>>53115381
Imagine making it in a world fully controlled by central banks. Sounds pretty gay to me

>>53115328

You pretty much answered your own question.

If indeed CBDCs make use of private XRPLedgers which in turn settle with eachother over public ledger (this seems to be the general model people talk of), then XRP usage would skyrocket. Therefore XRP value should rocket also (though due to the quick settlement time etc. maybe not, but lets just assume so).

So with those assumptions in mind, the question becomes why would you want to profit from getting in early into the new financial (enslavement) system? The answer would be to profit... if you're OK with that morally.

The last part is an open question and for me I'm feeling 50:50 on legit adoption vs regulated to hell. I think there are convincing arguments on both sides.

>>53115408
Imagine being a leader in the rebel resistance. Self sufficient, resourceful, using their own system again them. Constantly undermining their globohomo plans.

>>53115438
>The last part is an open question and for me I'm feeling 50:50 on legit adoption vs regulated to hell
The question is why would central banks rely so heavily on something that was not created by themselves originally and that's being regarded as a scam by many established financial institutions as well as financial experts (I'm talking crypto and blockchain technology in general)?

>>53115443
We'll probably just get whacked in a prison cell

>>53115438
>the question becomes why would you want to profit from getting in early selling bullets to tyrants
gee i dont know. im sure they definately wouldnt use those bullets on me right?

>I'm feeling 50:50 on legit adoption vs regulated to hell
who are you kidding.
They will tolerate no alternative. And they will quite literally be able to turn OFF you CBDCs

For visiting this site your social credit alone is in ruins. your spending has been limited to soi based products ONLY until your a completely effeminate obedient cuck.

>>53115328
>>contribute further to the the enslavement and control over mankind through centralized digital currency
>>take away my financial freedom
>>further reduce any chance of a real free market
>>enrichen the evil and degenerate globohomo elites that are trying to kill of the middle class for good
you mean link not xrp

>>53115328
what do we have now?
- Fiat that is not backed by any hard assets, the fiat token is in essence worthless, only reason it works it is being used and trusted by the bigboys
- printing press is and has been going full retard, devaluing more every day
- the ultimate shitcoin, the dollar is used to fuck over third world countries by forcing them to use it
conclusion, fiat was designed to fail

CBDCs are coming, wether we like it or not. The tech is not be definition evil, it is who decides its properties, our beloved governments.
define financial freedom, tip you dont have any since gold standards was removed
define real free market, tip there is none, government has destroyed this with regulations
enrich evil degen globo elites, if you pay taxes you are doing just that
buy or not buy, just dont rope if it turns out to actually be the new financial system and you get left out holding the bag

>>53115443
kys shill

>>53115599
>what do we have now?
we have physical cash.
And a dumb system that can only freeze known accounts, not your specific money.

We can buy and sell in cash, and not be taxed on ever transaction you make (you know that thing your sold on a classified add for a few hundred? Yeh you were supposed to pay tax on that)

What we have now is shit.
Crypto was supposed to be our escape from the system.
But they are trying to hijack it.
It cant be tolerate under any circumstances.
If you have to play minecraft, then you play minecraft.

>>53115624
kek. what am i shilling?

ok ok you caught me. i work for JP morgan obviously.

>>53115631
Physical cash that costs more to make than its worth and that is slowly being phased out. card and no-cash will become mandatory in globo stores. im all for barter and parallel economy , just know that the big boys have a plan.

freezing account is freezing your money. did you follow the canadian trucker fiasco? how fast these people got rekt by the big banks already today. as mentioned above you can go and pay all cash but you need people to join in. I agree that its shit, look at what is in the BitCoin whitepaper and what abomination BTC is now.
If we go along with the physical route we have to go back to gold and silver coins. using tech to aid in a barter/trade economy
maybe monero could prove an alternative. I like to play the 2 routes and buy both.

>>53115698
>card and no-cash will become mandatory in globo stores
i think they are opening themselves up to class action lawsuit. Pretty sure its illegal not to accept legal tender.

>freezing account is freezing your money.
its freezing the money you have in that account.
But a CBDC could freeze all your funds no matter where they are. Maybe you have some in an offshore trading platform. Or maybe you have some in a loved ones account. Following your money trail will be trvial with CBDCs.

Yeh im a fan of XMR.

>>53115599
Just because the world is shit doesn't mean we should support it becoming even shittier and more retarded

>>53115776
What about the spread of diseases by use of cash ... do you see where this is going
A CDBDC is even worse it could be programmed so you can only spend it on certain things, you can not save it because it expires etc. the bottom line is its coming. But xrp is, for now, defined as a bridge currency.

>>53115788
kek, retail buying of xrp is supporting the uninevitable. You want to 'do something' , throw out the yew in the living room, your tv. stop buying shlomo brands, raise your own cattle and livestock, educate people on what is coming. redpill normies one at a time. If you know the plan, try to make bank and use it for 'good'. by all means dont buy a bag. just dont kys when you find yourself eating bugs because you where 'the resistance'

>>53115328
XRP can be used a suprantional currency, not tied to any nation,

>>53115876
I understand your point. Maybe you're right, maybe not. What makes you think with certainty that XRP is gonna be it, besides some Feds working with/on it?

>>53116362
nothing is certain. My main argument is who else has:
- this SIZE of usecase and is busy delivering their product, on demand liquidity right now
- with this amount of extremely knowledgeable people in the board of directors ex SEC ex US gov, ex bankers
- Is involved in a lawsuit that wil determine the course of the whole market
- has a chain that has been up and running since 2017 2018 and hasnt really failed since
- gets this amount of fud and hate
- already complies with upcoming regulations not just ISO stuff but built with banks as envisioned clients, no mining, no proof of stake bs etc.

its the only reason crypto exists.
everything else is smoke and mirrors to get the masses to accept the transition from the current system.

>>53115328
>is being used to create
Stopped reading there
It's not

>>53116598
>2017
or 2012

Don't buy this coin!

A CBDC won't be coming for a long time, we still have a lot of infra to build and a lot of approaches to consider. The point is, we're still too early for the implementation of CBDC on all sides (Consumers, Regulators and Private Sector).

>>53117511
Regulators have a vague approach on how to properly regulate crypto/cbdc. The same thing can be said to consumers and builders alike since these 2 groups aren't in sync with regulators and have the know how on how to "maintain" the economy for decades to come

XRP is a valuable asset and the XRPL is promising with attributes that allows it to be realistically adopted in the real world, in sync with the outside world and not constrained to the current crypto mindset (hurr durr tru decentralization!1!).

We still have years, if not decade(s) to come for a world wide scale implementation and adoption of strong CBDCs.

The thing with the people's understanding of how CBDCs are designed, maintained and implemented is wrong, IMHO. We still haven't fully and clearly built this framework out and there seems to be a consp1racy to stupidify the current crypto community, including the "XRP army" (lol).

Don't read what other people write, learn how to think critically and analyze your situation. Good luck everyone.

4chan's spam filter is ass

>>53117534
>tripfags

>>53115328
>Explain the following to me
no, stopped reading there

>>53115358
>>53115381
>>53115390
>>53115399
>>53115408
>>53115788
>>53117113
based

>>53115328
You clearly shouldn’t.

>>53117511
https://www.bis.org/about/bisih/topics/cbdc.htm
Yes a long time goy.
We are not preparing for it goy
you still have time goy

>>53115408
Are you from Russia, Iran, Syria or North Korea? Because they (and maybe others, I forget) are the only places where they don't have a debt-based central bank model (Russia has a central bank but they fully paid off their debt with all that gas money and are now free of the rothschild jew).

>>53117522
So you think XRP will not be relevant to the emergence of CBDs?

>Don't read what other people write, learn how to think critically and analyze your situation. Good luck everyone.

I don't even know where to start. There's like 2 sides: pro XRP and anti XRP. There seems to be nothing in between. Where do I find objective perspectives that are genuinely trying to evaluate XRP's role in the future?

>>53118919
I'm from central Europe but why should only in-debt countries resort to CBDCs? I also heard that Russia and China are already working on their own versions.

>>53119107
>I'm from central Europe but why should only in-debt countries resort to CBDCs? I also heard that Russia and China are already working on their own versions.
I was trying to point out that it's almost impossible to make it in a world that isn't controlled by central banks. There's no reason banks outside the grasp of globohomo wouldn't implement CBDCs, though. Perhaps those versions wouldn't expire or be freely converable to gold and silver, since Russia and China and all the BRICS countries seem to want to base their currencies on PMs instead of limitless debt and homosexuality.
>Verification not required.

>>53119272
Ok I get you.

Now I need to hear some counter arguments against XRP, so far the only concern I have is that I will contribute to complete globohomo control of western people.

>>53115509
> regarded as a scam by many established financial institutions
Crypto twitter and ecelbs are not established financial institutions

>>53119107
No, XRP will be extremely relevant when strong CBDCs do actually get adopted in fintech~tradfi
>I don't even know where to start. There's like 2 sides: pro XRP and anti XRP. There seems to be nothing in between. Where do I find objective perspectives that are genuinely trying to evaluate XRP's role in the future?
Ye, but there are still people in the middle that are conservative enough to realize XRP's potential as a bridge currency but crazy enough to see crypto's potential to "free" the currency market, these people participate and profit off of crypto (Think Bitcoin, Ethereum, etc) but actively reserve a good portion of their holdings in XRP. But ye there are 2 extremes, pro XRP and anti XRP.

XRP is needed to improve tradfi, it is also need for political purposes (which is the main reason it'll success IMO, the US dollar is technically a bridge currency but it's issued by a govermental entity [see how it's all just politics?] with fiat attributes)

>>53119425
>the only concern I have is that I will contribute to complete globohomo control of western people
I had the same concern, but it seems inevitable at this point. It was a genuine struggle for me to buy XRP since my "principles" were offended by crypto, but here's how I came to the conclusion I did:

The "moral" and "decent" thing to do would be not to buy any and not contribute to its implementation. Most people will be forced into using CDBCs and the social credit system and eating the bugs, regardless. But at least I was part of the "resistance", right fellow pod-dwellers?

Eventually I came to see what these words had become in current year, a hollow mockery of the concepts they once stood for, and are now just ideological trigger words used to control people. People sign up to die for "freedom" or "justice" or "democracy" every day. What the fuck do those words even mean anymore? These concepts used to be valuable but are now being used against us.
>You don't want to buy XRP goy, it wouldn't be "moral"! It goes against "the very ethos of crypto"!
Also, how can I resist globohomo's control of western people when a huge percentage of them marched off to the vaccination centre on the word of the TV? I can't wake people up who choose to stay asleep and who seem to actually want to relinquish control of their own decision making.

So here comes XRP, which appears to be the chosen globohomo shitcoin that sits above all national currencies, designed to be convertable into any target fiat currency of choice on-demand, and which will be the first crypto to get enough regulatory clarity for banks to pile in. At least it doesn't expire and the bank can't touch it when they convert everyone's money into CDBCs at a 10:1 ratio and the ability to spend it tied into a social credit system. If I need CDBC fiat I can cash out on-demand from XRP, similar to how lines of credit work.

tl;dr: I didn't sell out, I bought in.

>>53115631
>Crypto was supposed to be our escape from the system.
>But they are trying to hijack it.
Your need to understand that btc and crypto in general was created by gov orgs (glowies) as a marketing tool for upcoming transition to cbdcs and digital enslavement. If you think otherwise, then you’re pretty bluepilled my man. Eth is more bankers coin, than xrp, because Jp morgan is literally behind it.

everyone who hates XRP; stop fighting the windmills, stop resisting the jews. eventually you will use XRP either you want it or not.

>>53120182
>Also, how can I resist globohomo's control of western people when a huge percentage of them marched off to the vaccination centre on the word of the TV? I can't wake people up who choose to stay asleep and who seem to actually want to relinquish control of their own decision making.

Good argument. Investing in XRP might me immoral but might also just be a way to surf the tsunami that's coming to us. To be honest it doesn't even feel immoral in the same way it would feel to invest in arms stocks, it rather feels like surrendering to the elites and their globohomo agenda and giving up the hope of a free market, freedom from central banks and individual financial freedom. It just doesn't feel right but at the same time it's alluring because it MIGHT make us rich. Never thought investing into a shitcoin could become a moral philosophical question.

>At least it doesn't expire and the bank can't touch i
Why can't the banks touch it?

>>53115509
>The question is why would central banks rely so heavily on something that was not created by themselves originally and that's being regarded as a scam by many established financial institutions as well as financial experts (I'm talking crypto and blockchain technology in general)?
Because they don't have any choice, crypto is going to overtake fiat no matter if they like it or not. If you're the establishment you might as well fud until you get your own coin regulated and as a frontrunner.

>We'll probably just get whacked in a prison cell
Profit from XRP -> spend with XMR. They can't get all of us. If you want to wagecuck instead be my guest.

>>53121406
>Because they don't have any choice, crypto is going to overtake fiat no matter if they like it or not. If you're the establishment you might as well fud until you get your own coin regulated and as a frontrunner.

yeah that makes sense, though I'd assume they would have developed an own project for that kind of undertaking, at least the US Fed.

>Profit from XRP -> spend with XMR. They can't get all of us. If you want to wagecuck instead be my guest.

I am invested in XMR too and believe in it, but it feels weird playing both sides.
Also if CBDCs are going to replace fiat currency, then it will be almost impossible to buy/sell XMR without them knowing that you're transacting to dexes/cexes to buy crypto and lowering your social credi score or some shit.

>>53115408
Being gay isn’t a bad thing.

>>53121870
I assume even faggots don't want to get Schwab'd in the ass m8

>>53115328
If you are a moral investor, you wouldn't.
If you were moral, you would invest in green tech, the Ukraine war effort, homeless empowerment, lgbtq rights, you would donate your time to helping your community rather than working on getting rich. Getting riches. Riches inherently immoral.

Stay away from XRP. Stay away from crypto scams. Dave Ramsey your money away until your 401k matures.

You can be fulfilled later in life by volunteering your time as a baby steps. Millionaire. But you have to stay away from these scams. Including Bitcoin.

>>53115328
Because it’s selfish to think that whether you invest your money or not, it will affect the outcome. If this is going to happen, then it’s going to happen whether you create wealth from it or not.

>>53121224
>Why can't the banks touch it?
My XRP wallet isn't within the bank's control, and it doesn't hold a national currency that can be flipped into CBDCs because the bank didn't issue XRP. That's not to say that they couldn't control the offramps and deny anyone who doesn't do KYC. If the bank had custody of wallets that would be a different story.

>>53115328
Because you can't stop whats coming but can benefit from it.

There hasn't been any good larps in the general thread in 2 years now.

>>53115328
CBDC's are coming whether we like it or not. I don't know about you, but I'd rather be in profit when they use XRP's tech than be on the sidelines broke taking UBI gibs. Forget morals, morals don't put food on your table.

>>53115328
it's for wholesale cbdc not retail cbdc you absolute asshole