[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 892 KB, 1238x696, fednow.png [View same] [iqdb] [saucenao] [google]
21285161 No.21285161 [Reply] [Original]

RED ALERT
>RED ALERT

Federal reserve is replacing crypto with their own system. What do we do.

>https://www.youtube.com/watch?v=4xxDiPUsQX4

>> No.21285193

>replacing crypto

how

>> No.21285203

>bu...but muh ecks are pee!!

>> No.21285208

its a shitcoin forget about it

>> No.21285224

>just send your hyperinflated debt based currency instantly goy

>> No.21285227

>>21285161
petition for it to use XRP

>> No.21285231
File: 133 KB, 1200x1165, 1590889837673.jpg [View same] [iqdb] [saucenao] [google]
21285231

>>21285161
What could go wrong

>> No.21285232

>>21285161
this has nothing to do with chainlink

>> No.21285239

>>21285193
Nevermind, isn't the fed in talks with XRP? They will run their centralized scam with them. FUck. Time to buy XRP?

>> No.21285263

>>21285227
id rather them use carrier pigeons carrying literal pieces of shit

>> No.21285275

This would only replace projects like XRP. Every project that matters would be completely fine. LINK 1000 EOY

>> No.21285295

>>21285275
You goon, this IS XRP

>> No.21285316

>>21285161
>Federal reserve is replacing crypto with their own system.
Who would've guessed?

>> No.21285341

I wonder if anyone with HIV owns XRP with the hope that it would bring them out of depression and make them happy if it moons even tho they will still die.

>> No.21285344
File: 18 KB, 907x215, xrpeepee.png [View same] [iqdb] [saucenao] [google]
21285344

>>21285239
No. They specifically mentioned they aren't using xrp because people kept asking.

>> No.21285349

Retards if they use anything it will be XRP not replace it.
The writing has been on the wall forever
Trump's Fed pick, Judy Shelton has brought Ripple before Congress in official legal documents by name multiple times

The plan has been in motion for a long time. $2kEOY is not a meme.

>> No.21285379

>>21285295
Still no incentive for institutions to hodl the token. They might do a quick crypto to crypto into XRP, then transact, then convert back to another token that’s more lucrative and incentives hodling. XRP will be used for something (maybe this who knows) and will make some serious gains, but they will be nothing compared to projects like LINK.

>> No.21285398

Globally all countries are moving towards digital currencies. They are going to be standard. Imagine a world where there’s free market competition in currencies. And the competition lies in monetary policy

>> No.21285539

>>21285379
haha wow that is such backwards thinking I don't even know how to respond to that. Keep holding onto your tokens that patch up the problematic clunky network that is ethereum. Try to get some xrp once the system starts running again. You know, the actual real world that has been shut down for months.

>> No.21285554
File: 80 KB, 1024x768, 1554349084348.jpg [View same] [iqdb] [saucenao] [google]
21285554

>>21285398
the new dystopian future excites me i have to admit

>> No.21285575

>>21285232
Iso 20022

>> No.21285586
File: 219 KB, 1125x858, BD66A129-5A35-47BD-B41B-FDC1D55AE70D.jpg [View same] [iqdb] [saucenao] [google]
21285586

>>21285575

>> No.21285594

>>21285161
Cause someone asked if they were gunna use ripple and they said fuck no.

Even the Fed thinks Ripple is a fucking scam.

>> No.21285603

>>21285344
*Laugh til I cry emoji*

>> No.21285607

No, the Fed will not be using a private distributed ponzi scheme as the settlement layer of their new system. You are an idiot if you believe that will be the case.

>> No.21285637

>>21285224
Kek

>> No.21285640

>>21285379
Xrp holders are liquidity providers for ripple/xRapid. Frankly I'm surprised we're still talking about it

>> No.21285663

>>21285161

OHHH MYU GOD I CANT WAIT TO BUY INTO THIS CENTRALIZED DECENTRALIZED PAYMENT SOLUTION

>> No.21285669

>>21285344
"at this time"

>> No.21285688

oh i think i got it
>make people pay with fed now, maybe make boomers make a special fednow account
>it actually uses xrp for blockchain transactions
>a month goes by and in october, people using the system are all caught doing illegal things

just imagine

>> No.21285707

This is literally Quant territory. Their CEO worked at the Fed on the FedNow system. And their product Overledger is built for CBDC infrastructure. Get in NOW

>> No.21285741

>>21285688
how do you do illegal things with crypto?

>> No.21285751

>>21285539
>t. What is blockchain agnosticism

>> No.21285761

hahaha XRP is dead.
This is what they always had hopes for and now they are left with a shitcoin which has a circulating supply so big that not even ten bull markets in a row can get it to $5.

>> No.21285770

>>21285295
It your dreams, bagholder.

>> No.21285818
File: 76 KB, 422x454, 1596826334224.jpg [View same] [iqdb] [saucenao] [google]
21285818

>most cryptos (including, yes, Chainlink) are out to disrupt our broken financial systems and create new paradigms
>XRPjeets want, nay, demand, to be fully integrated into the current paradigm

Fucking scabs, you faggots are even worse than the actual faggots behind BSV.

>> No.21285848

>>21285344
That’s the client side. What’s going on in the back end?

>> No.21285953

There will come a time in the near future when I will dump every crypto I own because an unconstitutional private bank will use their pawns to ban all crypto except fedcoin that collects 6% interest and dispenses it to the addresses of anonymous private slave owners.

>> No.21285989

The federal reserve will not be adopting any crypto in the marketplace, it would be foolish for a central bank to not have 100% control of anything. Now, under the new structuring they can be directed to issue a new dollar that is tokenized on a blockchain and have the open source be distributed to all other banks. Xrp was never going to be the CBDC...but who’s to say the USA can’t white label and reissue to tokenize all the currency it’ll print. That sure would make it easy to use Xrp as a medium of exchange between countries...

Once this rolls out the central banks will be nationalized in other countries. Trump did it and the rest of the world will follow.

>> No.21286028 [DELETED] 

>>21285232
Is it confirmed that Chainlink will be part of ISO20022?

>> No.21286056

>>21285575
>>21285586
Is it confirmed that Chainlink will be part of ISO20022?

>> No.21286078

>>21286056
No

>> No.21286098

>>21286028
So fresh and so new

>> No.21286102

>>21285161
>Federal reserve is replacing crypto with their own system. What do we do.
Yes, it's called Blockstream and Lightning Network.

>> No.21286400

>>21286078
How good are the breadcumbs for it? Is there anything besides that SWIFT PoC?

>> No.21286452

>>21286056
No. I thought you linkies were well aware anything swift and link related was larp?

>> No.21286505
File: 1.85 MB, 1280x960, file.png [View same] [iqdb] [saucenao] [google]
21286505

>>21285161
*AHEM*
Monsieur et Madame,
ze present to zyou at new systeme zoo buy-e and sell-e tzhings, digitale-e systeme for tu et moi.

>> No.21286680

>>21286102
Square Crypto and Lightning Labs too. Nobody is paying them any attention though atm.

>> No.21286829

>>21286680
Square have a crypto??

>> No.21286887

>>21286452
How is it larp if they did a PoC with SWIFT?

>> No.21286969

>>21285349
This. People are so FUCKING retarded. Ripple is an American project and they're the best right now, literally the MS of crypto. STAY FUCKING POOR SCOTTY.

>> No.21287000

>>21285344
>schizos btfo

>> No.21287086
File: 147 KB, 900x900, silver-bar-den-of-thieves.jpg [View same] [iqdb] [saucenao] [google]
21287086

>>21285161

>> No.21287087

>>21286829
Square is secretly pivoting to becoming a bitcoin-first payment network while doing all of the work out in the open in the name of selling people bitcoin on cashapp.

>> No.21287132

>>21285161
Wow this schizo faggot in his 1997 Toyota Sedan with cloth seat covers is telling me about the federal reserve and payment systems. Gee this is quality stuff.

>> No.21287184
File: 44 KB, 500x500, 1597126401635.jpg [View same] [iqdb] [saucenao] [google]
21287184

>>21285539
>backwards thinking
>problematic
>mentions of the 'real world'

Yep, I think I smell some reddit on this one, boys.

>> No.21287574
File: 217 KB, 1194x1168, 1563508246050.jpg [View same] [iqdb] [saucenao] [google]
21287574

>>21285848
probably a scam coin that has 98% valueless transactions, sued the developers to prevent them dumping, and unironically had to pay the companies that do use it to use it

>> No.21287641

>>21285161
its cool to see this guy blowing up. i found him when he was at 10k followers

>> No.21288062
File: 3 KB, 225x225, rsv-reserve.png [View same] [iqdb] [saucenao] [google]
21288062

>>21285193
Right, because I'm sure people will go out of their way to adopt their shit coin they can print as many of as they want to.

>> No.21288150

>>21285398
There is no going back from it now.

>> No.21288247

>>21285989
The only thing keeping national currencies alive is taxes.

>> No.21288271

>>21287086
Nobody is gonna want their shit coins any longer. Not unless its backed by something real again.

>> No.21288654

As if you have a choice. If fedcoin is what's decided then that's what you'll adopt.

You didn't actually think these shitcoins would amount to anything did you?

>> No.21288702

>>21285161
Nobody even knows what the FED is in the US. We fine. Light up. WEED.