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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21413327 No.21413327 [Reply] [Original]

BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY

Buy everything.

Crypto officially becoming the future of currency, contracts, finance and the internet

>> No.21413392

>>21413327
XRP, the standard

>> No.21413499
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21413499

>>21413392
KEK BLESSED ID
HOLY SHIT
XRP IS OFFICIALLY THE STANDARD
LETS GO BOYS

>> No.21413533

>>21413499
checked lets go xrp chads

>> No.21413563

>>21413499
>>21413533
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.21413591

>>21413392
>>21413499
WHAT THE FUCK IS HAPPENING

>> No.21413595

KEK ID and checked post so far,
KEK IS WITH US
KEK WILL BRINg XRP GLORY!

>> No.21413612

>>21413392
>>21413499
>>21413533
Thanks for ruining biz for me fags.

>> No.21413616

>>21413499
>>21413533
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.21413636

>>21413327
The Fed would just create something like XRP where they control literally everything. This isnt exciting news in the least bit. In fact it's a massive blackpill because people are generally retarded and will probably believe this is basically government endorsed Bitcoin.

>> No.21413648

>>21413327

>Digital dollar

Lel, dollar is already digital.

>> No.21413656
File: 53 KB, 403x458, 1596436125678.jpg [View same] [iqdb] [saucenao] [google]
21413656

It's time. We are taking over.

>> No.21413657

>>21413636

people here don't give a shit, they just want easy money.

>> No.21413665

>>21413392
too bad it says XRB instead of XRP, fake

>> No.21413666

>>21413392
XKEK

I'd buy that currency

>> No.21413667

LINK was made popular on this board for a reason. Thank you for everything you've done and continue to do - the future looks brighter than ever.
Enjoy!

>> No.21413675

>>21413666
THE DIGITS OF THE DEVIL

>> No.21413679

>>21413327
VeChain

>> No.21413680

>>21413657
There is no money to be made here.

>> No.21413696

>>21413392
>kek
W t f

>> No.21413697

XRP has spent the last four years becoming the obvious choice for this, to custody it, work with it, and NOW do smart contracts and leverage with Flare. FOUR YEARS of hobnobbing with banks and getting regulated

>> No.21413711

>>21413636
Arthur hayes did a blog post about this.. doesn't mean fedcoin is integrated into existing crypto but that they will use it to buy crypto.
some anons posted their own theory that CBDCs mean a UBI and negative interest rates / plus a limit on when you can spend the fedcoin (it expires if you don't use it). so then people realize it's worthless and use it to buy hard money.
but if they can program money that expires i'm sure they can also program in a list of authorized vendors - you can't use it to buy bitcoin or private crypto/whatever

>> No.21413721

>>21413648
this, I don't get it either

>> No.21413734

>>21413612
Seething poopybrain

>> No.21413737

>>21413636
Lmao, low their fud, read some material jackass. Fed just wants to regulate it

>> No.21413743

>>>/pol/272567827

Have I gone too far /biz/?

I think our little brother /pol/ needed this talk so they grow up.

>> No.21413750

>>21413648
the difference between a CBDC and the existing system is you get a direct account at the central bank and your own private wallet rather than the funds being routed through a commercial bank/other intermediary

>> No.21413761

>>21413648
this. why do people think anything is changed? if they did a fixed supply like bitcoin, that'd be one thing. if anything it makes negative interest rates and greater surveillance easier for the elite. fuck this shit.

>> No.21413763
File: 153 KB, 1080x799, EfP1dGhXgAUMjgW.jpg [View same] [iqdb] [saucenao] [google]
21413763

imagine still thinking XRP will be used. It won't
pic related.

>> No.21413773

get real, this has nothing to do with xrp

>> No.21413820

>>21413763
>>21413773
Yup, sure. Never buy, stay on the sidelines

>> No.21413847
File: 21 KB, 600x338, 03372D66-591E-4DB7-9B54-48EEAF33CD9B.jpg [View same] [iqdb] [saucenao] [google]
21413847

>DISTRIBUTED LEDGER TECHNOLOGIES
>RIPPLE GIFTED WORLD WIDE WEB CONSORTIUM DLT
>DAVID SCHWARTZ INVENTED DLT

>> No.21413853

>>21413711
Exactly, anon. This empowers the Fed with even more communistic control than they already have.

>> No.21413858

>>21413327
>Federal Reserve removing cash
Will our wealth even matter in such a tyrannical state?

>> No.21413881

>>21413636

Or maybe, just maybe there are people that own and run the fed who are kinda smart and planned for this.

Perhaps they would have bankrolled (free money n all) numbers/cryptography nerds to make something they could use as their current enslavement system got stale. Like xrp, btc, algo, saving eth when it would have otherwise died...now go back to redit faggot.

>> No.21413893

>>21413750
so i wouldn't have to pay wire transfer fees? they could still freeze your funds easily.

>> No.21413912

>>21413773
I don't think anyone (but schizos) actually thinks this has anything to do with ripple.

Ripple is a product for banks world wide.

But when governments start more and more moving towards crypto in their day to day operations, the whole crypto market will go up

>> No.21413921

>>21413648
Absolute fucking brainlet kek since when is the USD blockchain based?

>> No.21413981

>>21413679
God I hope so, have been holding those bags for years

>> No.21414009

>>21413858
Not really, no. Because after they demonitize cash they'll start coming for land and other property. This is what we get for not murdering them in 1913.

>>21413881
Completely nonsensical post.

>> No.21414037

>>21413820
That's fine, I won't be buying. XRP doesn't even have the technology to make this work. Besides being an hilarious scam that endlessly prints tokens and dumps.
Buy QNT, obviously. They're already delivering what ripple can't.

>> No.21414064

>>21413921
It's not, and neither will this be. It's just a timestamp server (like Bitcoin), but they have TOTAL control over.

>> No.21414094

>>21413847
Cope, stick with chainlink.

>> No.21414117

>>21413893
yes all the efficiency gains from blockchain systems (self clearing and settlement) for domestic transfers at least. you can also gut a bunch of social assistance programs and the administration associated with it.
but at the same time the govt knows exactly what you're doing and spending.
i don't think there's going to be a free ride with this. UBI is enabled with this system and expiring cash (so that the money supply won't go out of control) but I think it'll be restricted to certain purchases. can't buy gold/assets/stocks/crypto with your UBI. like food stamps on the blockchain.

>> No.21414118
File: 243 KB, 1280x720, 1597257127752.jpg [View same] [iqdb] [saucenao] [google]
21414118

$2K eoy is fud, lads.

>> No.21414172

Fucking kek you deluded xrp fags
Hey will build their own blockchain
No projects except for middleware will profit

>> No.21414179

>>21413711
Money that expires... Who would want that though? That's really interesting but seems really flawed.

>> No.21414212

>>21413636
XRP literally spent the last years getting every major bank behind their product. They take that to the fed, see its all nice and neat, then hand over regulation to them.

>> No.21414216

>>21414117
i'd be okay with this. just end all gov't programs. everyone gets a flat UBI. you can opt out of it and get a deduction off your taxes if you want to work and make money. the poor can't spend their UBI on any valuable assets, while the rest of us get richer. seems comfy, though i don't like the surveillance part, which you know will happen because muh safety.

>> No.21414247

>>21413763
DLT IS XRP
WTF IS WRONG WITH U PEOPLE

>> No.21414269

>>21414179
>Who would want that though?
A communist government.

>> No.21414272

Imagine still thinking ripple will be a success. Fucking unreal.

>> No.21414308

>>21414247
damn you're still too stupid to understand it when it's right in front of you.
read it again.

>> No.21414318

>>21414212
Theres literally no reason to ever use XRP for anything.

>> No.21414334

>>21413763
https://www.coindesk.com/congressman-tom-emmer-to-lead-first-ever-crypto-town-hall

>> No.21414362

not touching xrp with a 10 foot poll

you pajeets can fuck off

>> No.21414392

>>21414334
oh look, it's nothing.
I'm actually starting to feel sorry for ripple bagholders.

>> No.21414417 [DELETED] 

>>21414318
You dumb fucking retard. Do you know how fast XRP is?

>> No.21414427

>>21413392
>kek in ID
Posting in blessed thread. Xrp truly the standard.

>> No.21414431

>>21414179
Here's Arthur Hayes take on it - his is a bit different
https://blog.bitmex.com/choose-your-fiction/

I'm saying it's possible. Maybe there are tiers of non expiring and expiring money. Or maybe it all expires. But that's what "negative interest rates" are you basically spend it or you're penalized for it and expiring money is the ultimate penalty. The government wants you to spend so that the economy is propped up.
We get a class of people that are completely dependent on the government and are unable to build any wealth. This isn't too far off because central bank interest rates are heading towards 0.

>> No.21414474

>>21414362
No one wants you or your greasy 10 foot pole anywhere near our xrp

>> No.21414487
File: 647 KB, 1200x756, Muh Meme.png [View same] [iqdb] [saucenao] [google]
21414487

>>21414037
>QNT
>ethereum blockchain

OH NO NO NO NO
HAHAHAHAHAHAHA

>> No.21414498
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21414498

JESUS FUCK PAJEETS JUST THINK FOR A MOMENT. IF XRP WAS ABOUT TO BE THE CURRENCY OF THE FUCKING WORLD LIKE YOU RETARDS ARE SPEWING HERE, THEN SURELY IT WOULDN'T LOOK LIKE A FUCKING SHITCOIN BLEEDING OUT COUGHING BLOOD BEGGING TO BE BOUGHT. NO. INSIDERS WOULD BE KEEPING IT HUSH HUSH AND ACCUMULATING AS MUCH AS POSSIBLE. BIZ WOULDNT EVEN GIVE A SHIT ABOUT CHAINLINK BUT FOCUS ON BUYING AS MUCH AS XRP AS POSSIBLE. INSTEAD YOU GOT THE FUCKING CO FOUNDER OF XRP DUMPING EVERY TIME HIS ESCROW PERIOD IS OVER. GIVE ME A FUCKING BREAK!

>> No.21414500

>>21413327
I’m gayyy IM GAAAYYYY

>> No.21414521

>>21414417
Not as fast as Bitcoin SV, but most importantly doesn't have the scale or the incentives structure.

>> No.21414551

>>21413636
the fed wont create something like XRP for the same reason IN N OUT burger doesn't create it's own buns

>> No.21414581

>>21413392
Holy shit anon, Kek is with us

>> No.21414587
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21414587

They must be really hard thinking how to create cryptoshekel that they will have the same control over as the dolar but if they will it wont probably succed as nature of crypto is the opposite

interresting

lets hope jews as smart as they might be don't have enough iq to create something like that

>> No.21414600

>>21414431
If government gibs expire that's not so bad, but I'm just introducing the possibility of a "nightmare scenario" wherein all cash is replaced with a CBDC and the policies and things they can do with such a system. If such a system is normalized through gibs and then the mainstream, you and I won't be able to built any sort of wealth. That's why it's so important to get your gold, BTC/ETH/LINK, stocks (AMZN was $70 in 2007 and I missed it trading away 5 figures) - any form of wealth now.

>> No.21414606

>>21414498
DYOR
Moby dick whales are only reason it hasn't rocketed buying up all the emotion driven bag holders until blast off

>> No.21414612

>>21413327
digital dollar is some dystopian worst-of-both-worlds shit. It's still centralized. It's still controlled by jew bankers. It's still an inflationary piece of shit that will get BRRR'd to nothingness because it's designed to act as a roundabout way of taking money away from normal people and into the hands of rich jews. But that's all just standard for the dollar. Take that and combine the negative aspects of cryptocurrency like being a public ledger where anyone can see what transactions you make, the IRS knows exactly what you owe, can't pay for anything anonymously etc.

On the other hand, it's bullish as fuck for REAL crypto because this situation basically forces people's hands and forces them to escape into crypto

>> No.21414631
File: 216 KB, 181x179, 1595960433370.gif [View same] [iqdb] [saucenao] [google]
21414631

Ripple moon mission in a couple of months. Linkies can come along too.

>> No.21414666

>>21414498
ITS NOT THE CURRENCY YOU LOW IQ SMOOTH TARD BRAINED IDIOT.
XRP IS DESIGNED TO BE THE BRIDGE TO CARRY MULTIPLE CURRENCYS.
IF YOU HAD DONE AN OUNCE OF RESEARCH OF COURSE YOU WOULD REALISE THIS.

>> No.21414675

>>21414631
is that real?

>> No.21414680

>>21414612
>digital dollar is some dystopian worst-of-both-worlds shit
yes. this is why its so bullish for btc. Once the normies transact with a wallet then 99% of mental hurdles are complete

>> No.21414703
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21414703

>>21414666


YESSSSSS I AM GETTING HARD

>> No.21414715

>>21413392
KEK SPEAKS

>> No.21414735

>>21414666
>xrp has failed but its wasn't supposed to succeed.
shut the fuck up lying faggot

>> No.21414751

>>21414631
Holy shit, how did they get a frog to do that?

>> No.21414752

>>21413327
buy AMPL?
ok whatever you say anon

>> No.21414756

>>21413666
OooooOOOOOOOOOOOOHHHHHHHHHHHHHHHHHHH

>> No.21414764

>>21414631
Of course they are
Someone is gonna have to sand the calluses off my dick after watching my money like this...might as well be a linkie

>> No.21414769
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21414769

>>21414735

>> No.21414795

Doesn't mention XRP at all. fuck off faggots your coin is dead still at all time lows never recovered never will

>> No.21414809 [DELETED] 

>>21414521
And how many transactions per second can Bitcoin SV handle you immense dense fuck?

>> No.21414825

>>21414680
Yeah, I get that it's bullish for crypto, but more because the outside world is going to get so fucking shitty that people are looking for an escape. Sort of a pyrrhic victory overall if I make a lot of money but live in a shit tier dystopian blade runner hellscape. Just saying.

Really is some scary shit though.

>> No.21414852
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21414852

crypto and defi is unironically less of a scam than the existing system. in any defi scam at least the interest rates are real and everything is over collateralized, and the contracts are out in the open. in the real world banks have a 0-10% reserve requirement now and they print shit out of their ass. every dollar is multiplied 20 something times by banks. imagine if some defi platform had no reserve requirement? it'd be exploited to fuck and back in a hot second, but wait got the infinite money printer in the background to recapitalize it. sure the system supports make-work bullshit jobs but its still completely fucked. enjoy your fed coin

>> No.21414879

>>21414612
>On the other hand, it's bullish as fuck for REAL crypto because this situation basically forces people's hands and forces them to escape into crypto

Hope you're right. Governments might and probably will fight this. That said we're entering a shift in geopolitical where everyone is inflating their currency and more and more favor is falling out of the petrodollar. With such chaos in the global economy Bitcoin will be the only place you can build a sustainable market that doesn't get inflated away by kikes.

>> No.21414893

>>21413327
>oriented to central bank uses...
This is fucking stupid. The whole point of crypto is too decentralize and get away from jewish nigger faggot tranny kike fucking pedophile central bankers

>> No.21414928
File: 10 KB, 302x247, 6ec7_1.jpg [View same] [iqdb] [saucenao] [google]
21414928

>>21414893

wrong
there will always be masters. become one instead of being a slave the rest of your short life.

>> No.21414964
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21414964

>>21414612
The worst part is that it takes central planning to a whole new level.
>here take this money goy, but you have to spend it before next week and only on consoomer goods! and this part here you must spend on businesses owned by blacks. don't even think of owning any assets
It completely changes the entire concept of a "currency" as we have grown to know into allowance good boy points.
>>21414879
They can literally make so that you can't spend that money to buy other crypto.

>> No.21414972

>>21413327
Nike has a crypto department to and a patent for their crypto. Im guessing most big companies do and it'll all be given to the public when the corona vaccine and quantum dot digital IDs come out.
To the feds and giant corporations the crypto we're trading now is a hobby like collecting comics or toys or anything else that's valued at what people are willing to pay for it.

>> No.21414976

>>21414680
BTC cannot be used as currency. No instant transactions and the fees are too high. Switching to centralized payment processors on lightning just creates the exact same environment we are literally in right now.

>> No.21414986

>>21414879
They'll definitely fight it, but there's really not much they can do beyond trying to shut down the fiat on/off ramps.

>> No.21415050

Wait, if everything is digital, doesn't it make Link have no purpose?

>> No.21415077

>>21414809
There isn't a limit. Go look up the world record for mined blocksize. That'll tell you the current highest ever processed in a block. I don't remember of my head, but I know BSV has the record for both transactions and blocksize.

>> No.21415082

>>21414964
True, it'll basically be the same as EBT cards that nogs use, except expanded to have the entire currency work like that.

>> No.21415089

>>21413763
Betamax vs VHS.

>> No.21415090

>>21414600
holy shit imagine having 100K in the bank and it expires kek

>> No.21415092

>>21413912
>Goverments
Central Banks are private institions. They are literally banks

>> No.21415103

>>21414392
>oh look, it's nothing
Emmer is a member of the House Financial Services Committee, a ranking member of the Financial Technology Task Force, and co-chair of the Congressional Blockchain Caucus.
Eat a dick nigger, XRP is the standard.

>> No.21415139

>>21414666
even more useless then op suggested
just rebrand it as fidget-spinner-coin and be done with this already

>> No.21415143

>>21414852
Defi is literally all ponzies. So technically more of a scam, because it's a scam on top of a scam (eth) that's on top of a scam (central banking).

>> No.21415172
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21415172

>>21413392
kek has spoken.
I will not argue, I have simply bought my stack, and now I remain patient.

>> No.21415179

You fools, this is how the FED is going to kill bitcoin and crypto.

>> No.21415203

>>21413392
I know someone who's name is literally on the white paper for this project and they've told me, in these exact words, XRP is dead.

But yeah keep larping about how it's gonna be the standard while you hold your enormous bags of trash.

>> No.21415248
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21415248

>>21414666
YES ANON ITS GONNA BE $2k EOY WHICH IS WHY THE CHART LOOKS LIKE A UNISWAP $10k VOLUME SHITCOIN

>> No.21415276

>>21415203
>I have this insider friend

Mmmm yeah ok sweetheart

>> No.21415316

>>21415276

ok honey!

>> No.21415332

>>21415203
>my dad who works at nintendo told me
>stop larping

PICK ONE FAGGOT

>> No.21415361

>>21415316
Go to your room mommy and daddy are talking let the grown ups talk

>> No.21415404

>>21413327
no

>> No.21415436
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21415436

>>21415361

I'm gonna slam your pussy, mom.

>> No.21415476

>>21415203
>I know someone who's name is literally on the white paper
who?

>> No.21415530

This is good news as it’s the government transitioning out of the denial and anger phase of grief. Now they’re bargaining. “Well we can’t control crypto but we can copy it”. Hey geniuses, there’s no point in having an official crypto as the entire point is it’s uncontrollable. Crypto is really inefficient compared to other data architectures like a simple central database. The whole point is decentralisation.

>> No.21415561
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21415561

>>21413392
>KEK

FINALLYYYYYYYY, THANK YOUUUUUU ALL THE PAIN AND WAITING WILL BE WORTH IT

>> No.21415570

>>21415436
Calm down and keep chewing foreskin you little runt

>> No.21415582

>>21414269
This is technocracy, its automated communism the video game kinda shit. Not the shit you would expect from communism...

>> No.21415602

>>21413743
They need to hear it. I migrated here from /pol/ early this year just in time to make some nice gains. I still hate niggers and jews but I can't stand going there any more. It did nothing but fill me with anger and hatred, while /biz/ increased my net worth by 10x in a few months.

>> No.21415618

>>21415530
there is a point if they make taxes mandatory in their own crypto brainlet.
imagine thinking the government won't have a hold over the economy anymore, they have the armies lmao

>> No.21415632

>>21413665
It's spurdo, messenger of Kek.

>> No.21415661

>>21415582
Yes, its horrifying.

>> No.21415678
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21415678

>>21415570

shut your mouth I'm daddy now bitch

>> No.21415699

>>21415661
>Yes, its horrifying.

At least its unironically never been tried yet...

>> No.21415717

>>21413392
Kek wills it!

>> No.21415784

>>21413392
KEK IS HERE PRAISE KEK!
2K EOY IS OFFICIALLY FUD!

>> No.21415809

>>21415678
Plot twist

>> No.21415834

>>21415618
Why don’t they do this in the dollar normally? Over 90% of money is digital now anyway. What’s the point of a distributed ledger?

>> No.21415855

>>21413327
And then they join you

>> No.21415898

>>21415203

ELABORATE

>> No.21415908

>>21415618
Venezuela tried now they are accepting taxes and payments in bitcoin

>> No.21415947
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21415947

>>21415699
They're not taking me alive.

>> No.21415949
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21415949

>XRP, the standard

>> No.21415975
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21415975

>>21413392
oh my god. ID GOD IS HERE

>> No.21416015

newfag, why would XRP be used?

>> No.21416021

>>21415947
>They're not taking me alive.

decentralized technocracy is better than centralized technocracy..

>> No.21416031

>>21415834
The fuck you mean? Of course they tax in the dollar currently. That and Saudi oil deal is the reason that paper shit has any value.

They will go digital because of many reasons. Dollar is being debased and losing trust. International transactions are faster through crypto. And they can make it completely transparent for taxing if they so desire, no shady banks. Plus they can make it inflationary in a coded way, the way Milton Friedman suggested. Added functionality, etc. More control, more power. Cash is in fact what they hate.

>> No.21416060

>>21415834
>What’s the point of a distributed ledger?
Its not distributed. Its literally entirely owned by them.

Bitcoin is distributed over geopolitical lines. Can't be owned by anyone. It won't be long before nations try though. China already is.

>> No.21416083

>>21415908
Venezuela is too stupid to build its own. Retarded commies. They tried, actually, the petro crypto or something. lmao
>>21416015
it won't be

>> No.21416137

What's wrong with XRP exactly? I've heard nothing but really convincing hopium.

>> No.21416204
File: 44 KB, 856x571, 1560145598376.jpg [View same] [iqdb] [saucenao] [google]
21416204

>>21414976
Bitcoin SV. Instant transactions, extremely low fees.

Only blockchain that works at global scale.

>> No.21416221
File: 41 KB, 400x416, 1597411558174.png [View same] [iqdb] [saucenao] [google]
21416221

>>21413392
holy shit im buying XRP asap

>> No.21416264

>>21416137

Nothing /biz/ is just full of link zoomed trash

>> No.21416275

>>21416021
Hey man, everything comes down to the money system. I believe 100% if we get to a society that uses Bitcoin that we'll see a rivaled era of prosperity, but that would require governments of the world to cede the power of the printing press. Unfortunately I don't see that happening soon. I think we're in for some hell first. Hope I'm wrong though.

>> No.21416383

>>21416137
In the same boat

>> No.21416451

>>21416031
If they still have control it’s not really a cryptocurrency though. It’s just a government controlled stablecoin held in a few databases so they can use the word blockchain and sound cool.

>> No.21416487

>>21415898
There's not much to elaborate on. I am relatively close friends with someone who's been on this project for years. They're as close to the digital dollar as nearly anyone in the world. Their exact words "XRP is dead".

Believe it or don't. I don't care. They're your bags to hold. Just please don't post any pink wojaks when everyone else is posting huge gains and you're sitting holding some coin that hasn't moved past 40 cents because it hasn't been relevant since it fucked it's one chance at making years ago.

This isn't FUD. I am not accumulating. I have roughly 20 BTC in the market right now and I wouldn't touch this rotting corpse with a ten thousand foot pole.

>> No.21416559

>>21415530
They'll be willing to accept all the shitty downsides of digital currency if it means everything being on a public ledger and being able to automatically take away money for taxes, reducing your balance via automatic implementation of negative interest rates, disabling not just your account but the coins themselves if they determine you to be a bad goy, etc.

>> No.21416610

>>21416487
A lot of talk with no substance

>> No.21416642

>>21416137
It's not even a real crypto currency, it's centrally owned.

>> No.21416654

>>21416264
This = Facts

>> No.21416738

I just converted my lame XRT to ETH.

>> No.21416855
File: 37 KB, 231x251, 1273386365325.jpg [View same] [iqdb] [saucenao] [google]
21416855

>>21416642

literally every major crypto has this problem. ALL MONEY IS CENTRALLY OWNED. GET USED TO IT. you fucking sheep.

>> No.21416920

The fud in this thread is bullish as fuck.

>> No.21416943

>>21416451
I have a secret for you buddy.

Half of Defi like SNX and AAVE and BNT is controlled by the creators. If there's a hack they can freeze the network. And they can update their stuff, which means they can still build in any functionality (or backdoor) they want.

The difference is that anyone can see the code. Or see what's being done.

>> No.21416949

>>21416855
What are you talking about? BTC has five constituencies: miners, devs, wallets, merchants, exchanges. No one centrally owns it

>> No.21416989

>>21413327
This is a hard sell signal. If they are making this announcement they are close to releasing their own standard/coin. Once that happens the market will flood from all other coins to this one dropping all others to near zero over night. The timing makes since. They will use the virus to print money to hand out as relief. Then use the switch to digital/crypto to handle the inflation and bouble in a way such that the public won't notice the loss of purchase power.

>> No.21416991

>>21416949

>china centrally owns it
ftfy

>> No.21417015

>>21413392
xrbenis

>> No.21417017
File: 246 KB, 480x480, 1297644530700.png [View same] [iqdb] [saucenao] [google]
21417017

>>21416989

it will release liquidity into the crypto market asshole, driving prices up. Any standard coin coming from a government will onboard idiots into the cryptosphere, making us rich.

>> No.21417036

>>21416943
Of course nascent coins are centrally owned, just as BTC was at the start of its lifetime. BTC is not centrally owned, it’s the whole point

>> No.21417117

>>21413327
https://www.foxbusiness.com/money/fed-partnering-with-mit-to-develop-hypothetical-digital-currency.amp?__twitter_impression=true

>ctrl+f Chainlink

>> No.21417150
File: 3.31 MB, 250x186, 1301559917269.gif [View same] [iqdb] [saucenao] [google]
21417150

>>21417117
>https://www.foxbusiness.com/money/fed-partnering-with-mit-to-develop-hypothetical-digital-currency.amp?__twitter_impression=true

>ctrl+f xrp
literally is mentioned before chainlink LOL

>> No.21417213

>>21413711
>but that they will use it to buy crypto.
what possible reason would they have to do that? It would be an exchange of paper/in bank usd for the new digital version. There would be zero benefit for allowing other currency exchange unless other governments were allowed in as well. Like a combined usd/euro. But even then governments wouldn't want to legitimize other crypto.

>> No.21417295

>>21416275
A lot of people didnt realize that crypto automates the entire banking structure. So much for automation creating more jobs fags, they are going to get rekt harder than everything.

We are moving into the age of single autists creating shit nobody understands that changes everything constantly with no jew control because who the fuck can control this shit...

>> No.21417297

>>21416610
What do you want? Screencaps of our conversation?

You'd just ignore that too. Nothing is going to be good enough for you and you'll die with your fucking heavy ass bags of worthless garbage.

I'm genuinely trying to help you. I don't know why, but I am. If you hold any of this, sell it immediately for something that's going to make it. Just get rid of this.

>> No.21417366
File: 10 KB, 274x274, 32.jpg [View same] [iqdb] [saucenao] [google]
21417366

>>21413392
Holy shit....it's Kek himself

>> No.21417427
File: 50 KB, 718x596, 4760C80A-7532-4740-9518-B48A36F728DA.jpg [View same] [iqdb] [saucenao] [google]
21417427

>>21416487
I’m sorry but my dad is the CEO of bitcoin and he told me to dump when it was 12k and so I did and he told me XRP was going to be the standard

>> No.21417749

>>21417213
three scenarios that will let that happen:
1) government is incompetent and doesn't put restrictions in
2) restrictions are there but there is a messy conversion period between the old system and new. everyone who still has money in the old system will convert as much as they can to hard assets (not just crypto)
3) clown world pump assets (stocks, crypto, real estate) policy

>> No.21417926

>>21413392
boy i can't wait till the CRA/RCMP/CSIS talks to me about my earnings

>"so you're telling me because this guy had the name of a frog God from ancient Egypt in his name, the same one that /pol latched on to, you put all your cerb money into cryptocurrency?"
>"not his name sir, his ID. he can't choose it"

>> No.21418016

>>21414247
DLT isnt XRP as Ripple can take the blockchain down whenever their CEO want

>> No.21418031

>>21413327
Any of you who think the Fed will adopt an already existing Crypto are high off your ass. They won't adopt a Crypto that's not fully under their control, they will create there own FedCoin

>> No.21418048

>>21417150
of course it is, XRP is the only crypto these deluded, clueless and out of touch boomers have ever heard of outside of btc, eth and dogecoin

>> No.21418061

>>21417150
xrp has been (in)famous and in the top 3 for years before Chainlink, dummy

>> No.21418080

XRP TO THE MOON!

>> No.21418105

Damn whales putting up the wall again
Let's breach this mothafucka

>> No.21418106

>>21413392
>kek
>xrb
All in nano immediately

>> No.21418154

>>21413327
How is this good for crypto? If the feds get in the crypto game, you any competitor will be made illegal. If anything selling would be better advice.

>> No.21418208

>>21418154
What do you mean if?
They already are. Have been.

>> No.21418266

>>21418208
I mean if they introduce an official federal cryptocurrency on the market.

>> No.21418382

Ampleforth. Liquid like fiat. July run and following dips are just confirmation of its robustness.

>Dev team keep saying high level development taking place.

>> No.21418399

>>21413327
so it was lawmakers investing in chainlink that caused the latest pump?
they're always insider trading

>> No.21418422

>>21413327
no one cares.

>> No.21418446

>>21413392
Witnessed. All of the XRP signs are amazing.

XRP is truly blessed.

>> No.21418854

Xrp is the 1000th chance for crypto late bloomers and psycho boomers to make it

>> No.21419234

>>21415602
Post portfolio

>> No.21419302

>>21413327
They are not going to use any of your shitcoins even IF they go through with a digital dollar

>> No.21419354

>>21418854
sold my link back when it was 5$

never gonna let this one go.

>> No.21419367
File: 3.14 MB, 530x257, 1597145384513.gif [View same] [iqdb] [saucenao] [google]
21419367

>>21413392

>> No.21419385

>>21416989
are you really gonna move into the fed coin when it comes out?

>> No.21419415

>>21413612
This. Xrp faggots need to die

>> No.21419460

>>21413327
buy what?
a cbdc would be a stablecoin

>> No.21420151

>>21413392
put me in the screenshot faggots
oh and fuck you leafs

>> No.21420440

Xrp is in fact the standard

>> No.21420556

>>21413666
DGSJHFDSJKFSAKDHJKASJD

>> No.21420648

>>21413763
Also wrong, although quant is going to do a lot of great interop in top finance institutions like sia and bank of england, but seriously the use case for xrp vs qnt is pretty damn different,

>> No.21420677

>>21414487
literally pumping through august, watch.

>> No.21420714

>>21414666
based
>>21414735
retarded

>> No.21420852

>>21413666
I'm sure you would, Satan

>> No.21420891

>>21417297
What does your 'friend' think is worth it then?

>> No.21421050

>>21417297
All you've said is "hurr xrp is dead cause my buddy said so! trust me bro!". Maybe back it up with WHY? Even if you don't want to name the other project you could at least explain what it does and why its better/different. You haven't hence youre a nigger.

>> No.21421395
File: 67 KB, 750x747, 1596230994609.jpg [View same] [iqdb] [saucenao] [google]
21421395

>>21413392
feels good to be a 900 XRP holder

>> No.21421464

>>21413665
XRBUY

>> No.21421533

>>21413392
Praise Him. Praise KEK

>> No.21421553

>>21413392
WHY CANT XRP DIE WHY DO XRP FAGS GET THE BEST GETS

>> No.21421562

>>21413921
Digital dollar will be blockchain based retard, thats why its called digital dollar.

>> No.21421605
File: 810 KB, 1366x768, 1597409136158.gif [View same] [iqdb] [saucenao] [google]
21421605

>>21413392
Kek
XRP the Standard
Fucking witnessed what the actual fuck.
I hold 25k XRP am I actually gonna make it?

Praise Kek

>> No.21421622

>>21417297

You the same asshole who said this in the other thread. Just post the screen caps and fuck off. Nobody wants to read your paragraphs they want substance. If you have the info from an actual intelligent person then share it and shut your whore mouth
>>21417427

>> No.21421713

>>21413392
Thanks, I just bought 4.7k XRP

>> No.21421748
File: 38 KB, 500x425, 1587265393922.jpg [View same] [iqdb] [saucenao] [google]
21421748

>>21414498
>chainlink dumps 700k annually
>its ok because of a small pump
>lets make every stupid brainlet into a millionaire because they see a coin thats pumping constantly and invest into that instead of one lurking that looks like shit on the outside.

you morons make me laugh.

>> No.21421806
File: 23 KB, 1652x60, 999.png [View same] [iqdb] [saucenao] [google]
21421806

>>21413392
im so comfy my nuts are tingling

>> No.21421830

>>21415203
can confirm, my dad once worked at nintendo before being on the whitepaper

>> No.21421877

>>21418399
Yes
Morons who keep spouting about xrp dont even understand anything about architecting this type of system
They literally look at xrp as a magical enterprise grade design so it must be what is being used.
It’s pathetic

>> No.21421893

>>21414487
You could have done 5 seconds of research to understand quant is blockchain agnostic and ALREADY WORKING WITH CENTRAL BANKS.
Fuck it. Stay poor you absolute retards. Money always finds it's rightful owners.

>> No.21421952
File: 274 KB, 1072x880, electricity.jpg [View same] [iqdb] [saucenao] [google]
21421952

>>21421877
>xrp as a magical enterprise grade design
It's all about the energy flow, making ripples in the currents betweens the banks flows.

>> No.21422033
File: 403 KB, 1280x720, 21834.jpg [View same] [iqdb] [saucenao] [google]
21422033

>>21413392
>>21413499
Xtremely
Red
Pilled

>> No.21422045
File: 108 KB, 960x960, 1587411089068.jpg [View same] [iqdb] [saucenao] [google]
21422045

>>21422033

>> No.21422071
File: 1009 KB, 1900x870, flare.png [View same] [iqdb] [saucenao] [google]
21422071

>>21417117

>> No.21422132

actually convinced me to buy some lel

>> No.21422183

>>21422132
are you a nigger? nigger's won't be able to buy ripple

>> No.21422203

>dollar fails
>WAIT LETS MAKE IT DIGITAL
>*insert ((((buzzword))) dollar
>All problems solvarino
Idk about this dude. Sounds like a shit show that won’t change the issues that face the dollar

>> No.21422211

>>21417015
kek

>> No.21422237

>>21422183
no im hapa

>> No.21422272

>>21418446
I only have 500 XRP. Am I going to make it?

>> No.21422303
File: 152 KB, 1110x1239, 1570862630800.jpg [View same] [iqdb] [saucenao] [google]
21422303

>>21422272
How does 1$ EOTY sound?

>> No.21422320
File: 122 KB, 1072x1082, 1597160201385.jpg [View same] [iqdb] [saucenao] [google]
21422320

>>21422211
observed

>> No.21422346
File: 2.43 MB, 1536x2048, 1597244795402.png [View same] [iqdb] [saucenao] [google]
21422346

>>21413392
What exactly is XRP being used for though? Their currency would be it's own thing and wouldn't need XRP. Imagine the US Federal Reserve giving up control to Ripple when they can just fork Maker's DAI code or else pull a Tether solution, or just use LINK price feeds to maintain stable price.

XRP was meant to be a transfer layer where you put your money into XRP switched it overseas and then put it back into the fiat of your choice in a single transaction. This is now done natively due to swift GPI, but doesn't use a blockchain solution. This means it requires chainlink oracles to get bank data onchain. There is only one real standard and it ain't XRP it's something much much more stinky

>> No.21422414

>>21422203
You are retarded so let me explain how this works.

Digital dollar isn't some "BUzzWord"
the digital dollar will be backed by Gold, it will be Transparent so no one will be able to counterfeit or commit crimes like the banks were doing.

the USD is not a United States Currency, its a Private corporations currency, the United States has to borrow every dollar and pay back on interest. The more countries that use the USD the more in debt the United States has to go into to pay for that extra dollar.

USD will no longer be world reserve currency. XRP is a Supranational Currency.

>> No.21422505

>>21413327
Are all of you retarded? If the US makes a standardized digital currency, it will be their own, and the value of all non-US coins will plummet.

>> No.21422556

>>21422414
Yeah so it’s just a return to the gold standard, great. I’ll just buy gold faggot.

>> No.21422580

>>21422346
Its more complicated then that.

Its not just sending messages, its changing the entire way Value is sent over the internet.

All the "Credits" you saw in Futuristic movies. Thats XRP.
Not only is XRP a supranational currency, it will also likely be used by Aliens in the future once we make contact, and if we colonize the planets it will be used in space.

You need to do some better research into it.

>> No.21422627

>>21422556
Even if you hold gold, you can't do shit with it retard, you will still need to use Digital dollars to pay for shit. no one is going to be trading gold in stores. Gold is just a place to hedge your money.

>> No.21422650

bullish for RSR/RSV

>> No.21422796

>>21413392
I only have 10k it's not fair XRPbros

>> No.21422851

>>21413743
>/pol/ said digital currency was a nothing burger
No, idiot. /pol/'s common viewpoint is that currency is already largely digital and globalist kikes love blockchain technology because they can literally track every single thing you ever purchase, and control access to your wallet.

Do you think you'll be the only person with access to your private keys on this kind of FED kike chain?

Another common viewpoint on /pol/ is that the pitfalls of digital currency are pronounced when things like hurricanes and earthquakes or massive rioting and looting become commonplace is that when the network goes down you are separated entirely from your wealth.

>> No.21422888

>>21415602
/pol/ has been insufferable for a decade

>> No.21422933

>>21413392
hory chit

>> No.21422952

>>21422888
It was made 9 years ago though newfag

>> No.21423021

>>21415143
the whole damn world is a scam anon... you're just living it

>> No.21423118

>>21422346
>equires chainlink oracles to get bank data onchain
Literally nothing requires this, especially a private database larping as a blockchain.

>> No.21423171

>>21413392
NANO IT IS

>> No.21423235

>>21422851
>blockchain technology because they can literally track every single thing you ever purchase, and control access to your wallet.

That wouldn't be a blockchain. With Bitcoin nobody can move your funds barring all governments of the world collude and force miners to fork the coins away from you. Secondly Bitcoin at scale is very private. There would be too many transactions happening to drawl the eye of government or others unless you're talking MASSIVE sums.

>> No.21423268

>>21418382
>>21414752
feature request to the feds: include rebases

>> No.21423315
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21423315

>>21413327
https://seekingalpha.com/article/4353883-visa-and-digital-dollar-on-ethereum
>Summary
>The U.S. Patent and Trademark Office (USPTO) has recently published that Visa has filed a patent application for a digital fiat currency.
>The application mentions Ethereum several times, suggesting that the Ethereum blockchain could be the one used for the project.
>Visa could have just cemented its position as the main government partner in the shift to monetary digitalisation that is bound to happen in the future.
>I rate VISA a strong BUY.

>> No.21423513

>>21423315
>anything on eth

I'll remind you of crypto kitties and current gas prices. "2.0" is the Lightning of eth.