/biz/ - Business & Finance

[Anonymous No.21845274]

“Xrp is a banker coin”

>mfw banks are thinking the same thing as ripple “mint a token out of thin air and sell it”
>mfw banks don’t need ripple or xrp they’ll just do it themselves.

[Anonymous No.21845319]

What do you think is going to connect all the CBDC's lmfao. Schizochads have known this for years, you only just learning how to read stinky poo?

[Anonymous No.21845382]

>>21845319
Anon they can just make their own cbdc that connects them all

[Anonymous No.21845421]

>>21845382
THEY DID YOU FUCKING RETARD AND ITS CALLED XRP
HOW ARE YOU THIS DENSE?

[Anonymous No.21845484]

>>21845274
Haha it's nice to be vindicated. I was anticipating this shit, why would an established power hand over control to another VISA when they can just design their own crypto bespoke. Boom now they have everything they need.

If they do go crypto, your bag isn't interesting to them, they're not going to buy your fucking bag, blockchain is what they're after. It's just code, beautiful code.

[Anonymous No.21845584]

Banks never act alone. Look at the advent of the CDS centralized exchange. It was a joint partnership with 10 banks on one side and ICE on the other. There’s too much risk acting alone, and they know if ten or twelve of them act together the government can’t stop them without disrupting the entire financial system. And they can bargain as a cartel against ripple.

[Anonymous No.21845628]

>>21845484
See this isn’t what riptards understand
>>21845421
Yes because banks want in on coin made by a blockchain group that constantly dumps escrows and Jebs dumping, and Xrp wasn’t made by banks idiot boy. Please stop your hurting yourself.

[Anonymous No.21845647]

>>21845628

[Anonymous No.21845669]

>>21845319

>implying banks will need and allow a middle man to move between their digital currencies

LMAO Ripple shills really are grasping at air now. So pathetic, your scam coin is toast, nobody is falling for it anymore and Jed is dumping 1M$ worth everyday. Get fucked

[Anonymous No.21845713]

>>21845647
Good thing I went all in chainlink and made 6 figures, you fucking riptards missed the pnd in 2017-2018. It’s over just stop.

[Anonymous No.21845722]

>>21845484
>Haha it's nice to be vindicated. I was anticipating this shit
That you think this is some special insight is kind of sad

[Anonymous No.21845779]

>>21845484
Are you beyond stupid kid. The person who posted this was an moron like you.
They don’t understand that Ripple is already the fucking standard. How are you this retarded. Amex, BOFA, Bank of India, money gram and others already use Ripple as their backbone tech.
You think AMEX BofA and the bank of India bet wrong???? Listen, countries still use paper money so and swift for wire transfers so XRP as a remittance payment isn’t necessary right now. But in the very near future, all the money will be digital and XRP will be essential.
Hence XRP = long term hold.
Kys pleb.

[Anonymous No.21845833]

>>21845779
XRP can just be replaced with whatever the IMF and World Bank cook up. They can hire a bunch of programmers and make a blockchain of their own and never have to place power in the hands of another entity.

[Anonymous No.21845873]

here is ripples perfectly functioning cross border payment app. Look at the ratings its getting. XRP has a major use case(s) and it's being used today with very happy customers. Good luck non hodlers

[Anonymous No.21845890]

>>21845779
>bro bro are you fucking stupid bro? ripple is already the fucking standard bro bro like how are you this retarded. Money gram sells xrp right as they get it bro and the bofa was never fully released but trust me bro it’s real no photoshop on the picture of the partnership bro xrp is the standard bro connect dots bro been doing this since 2017 bro my bags are heavy bro. Mellon told us don’t bet on it fucking retard. Xrp = long term hold. Iron hands bro trust me. Dates move bro.

[Anonymous No.21845897]

>XRPes is "the standard"
fuck off with your standard of shit pajeet

[Anonymous No.21845905]

https://apps.apple.com/us/app/xumm/id1492302343

[Anonymous No.21845919]

>>21845274
they can try to copy the tech all they want but they won't be able to match ripple.

[Anonymous No.21845932]

rolling for xrp taking over all payments

[Anonymous No.21845942]

>>21845919
Anon xdc is faster than xrp and it’s made in Singapore. Banks won’t match ripple, they’ll easily surpass ripple.

[Anonymous No.21845948]

>>21845722
I knew I was coming off as patronizing and I freely admit the entire financial world could up and decide to just switch to XRP. But I can't help but smile when I think about how much of a pipe dream that is. Banks want more control, not less. Moving to crypto would already be an incredible paradigm shift, and it would certainly entail a token controlled completely by the banks. Why? Money. Power. And can you imagine the destruction and creation in terms of wealth. The volatility would be comical. Gargantuan sums of money that now a bunch of basement dwelling teenagers inherit overnight. And that's exactly why it's so popular. Fantasy.

[Anonymous No.21845987]

>>21845942
cope, not selling, etc.

[Anonymous No.21846040]

>>21845948
>Gargantuan sums of money that now a bunch of basement dwelling teenagers inherit overnight.
You mean like Bitcoin miners and traders pre-2017? Or do you mean like Linkies who went from $0.25 to $19? Ripple was $0.006 for years. Now it rarely goes below $0.20. Already peaked once at $3.00. It will see $3.00 again in the next couple of years and higher. So will Bitcoin, Ether, and Link.

[Anonymous No.21846092]

>>21845274
>>21845484
>>21845669
>>21845833
>the banks will just make their own tracks they don’t need to use a 3rd party railroad
Babbys first look at cross border corridors
Stick to gambling on meme coins

[Anonymous No.21846120]

>>21845669
Read a book you fucking moron

[Anonymous No.21846132]

>>21845948
Absolutely. On the dot. You can give these basement dwellers logical explanations of why they’re delusional and they say weak fud bro try harder, market cap don’t matter etc etc.. they think the govment will let 2m people become worth 1-100m overnight just for holding $3-8k in xrp, hey guise I got rich after buying xrp from bearablebull hurdur, I bought xrp because a larper on fourchang hurdur Everyone on this board talks about cashing out in fiat to like they’re fucking braindead man. All these xrp holders are stupid their iqs are so low they just go “weak fud” “2k eoy” “dr;ns 2k eoy” “cope” it’s like they’re monkeys. They’re just making the founders rich. Absolute delusion and retardation.

[Anonymous No.21846169]

>>21845948
Banks want to save money, have fast transactions, and have less volatility.. XRP offers that.

[Anonymous No.21846251]

>>21846132
A post just full of shit talking and nothing else, at least try to sound like you know what you're talking about. You're not even talking about the technology, nor do you know how it works. You're just angrily shitposting towards people who hold an asset, and you type like a filthy esl on top of it. Very braindead post I think you should stop for now.

[Anonymous No.21846267]

41k XRP reporting in

[Anonymous No.21846436]

>>21846040
Not even close, the market cap of all of crypto is peanuts compared to global finance. Again, the volatility would be ludicrous. The amount of money that would be uncontrollable. A entirely new class of crypto elite's. I know I'm feeding into your fantasies but meditate on the fact that the banks already have power and want more power. Again, blockchain is what they want.

>>21846169
Fees and speed, I can accept. Volatility, no? You can't have the most volatile asset ever conceived serve as a banking currency.

[Anonymous No.21846452]

>>21845274
>>21845382
>>21845628
>>21845713
yes, the banks want to pass on an already establishing network and ledger so they can take their time and build their own, to fall even further behind Chinese technology race... now thats business savy

[Anonymous No.21846495]

>>21845319
... SWIFT'S stable coin, pegged to whatever the chosen reserve currency is.

[Anonymous No.21846503]

>>21846452
have you ever met the operations managers of a major bank
savvy is the last word i'd use
they're full blown retards who are just really good at conducting themselves in public without gaffing

[Anonymous No.21846525]

>>21845319
>What do you think is going to connect all the CBDC's

[Anonymous No.21846531]

>>21846436
Volatility is circumvented through speed. The money is turned into xrp, sent with a cross border payment, then that xrp is turned back into whatever currency. This is all done in like a minute or less. There's no volatility here, normally these types of transactions take 24 - 48 or more hours to complete. That is much more volatile.

[Anonymous No.21846552]

>>21845669
here's a good start for you fren

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

[Anonymous No.21846735]

>>21846531
I thought it did it in seconds?
I'm talking about crypto volatility in general. Banks are going to need the token if they want to use the token. If prices are controlled by the cryptocurrency market, which is insanely volatile, they are going to need a token that doesn't jump up and down 1000x. Crypto investors and speculators are not only going to fuck the market, banks won't have the control they could have by simply organizing a blockchain system themselves, all they fucking need is a decentralized ledger.

[Anonymous No.21846774]

>>21845833
What if I told you it won't be the (((banks))) decision what they'll have to use?

[Anonymous No.21846775]

>>21846525
ALGO

[Anonymous No.21846825]

>>21846774
Cue the cults, omens, satanic rituals, Jesus' return, Illuminati etc. Here we go baby!

[Anonymous No.21846856]

>>21846735
The system ripple has built for them on ripple net does not require them to hold the xrp for extended periods of time. Did you read my post? Their currencies are made into xrp, the xrp is sent, the xrp is translated into any currency. This is done very fast, ripple is help solving cross border payments.. DYOR. Also there's a plan to offset the volatility of xrp regardless, xrp has not been as volatile lately either. It's quite steady actually.

[Anonymous No.21847000]

>>21845833
https://twitter.com/stedas/status/1245771322770235392?lang=en