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/biz/ - Business & Finance


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49721233 No.49721233 [Reply] [Original]

THE WORLD CURRECNY WILLTH BE USDC!!!!!!!! THIS IS WHY THEY HATE XRP AND PROPPING UP ETH.

>> No.49721293

>>49721233
I'm just never going to buy it.
Neither should you.
Decentralized or die.

>> No.49721336

>EUROKEK

Can't make this shit up kek

>> No.49721433

>>49721233
OH MY GOD FELLOW XRPPHARAOH!!! what the fuck how does this affect the yakubian flat earth R*pple (pbuh) revolution?

>> No.49722778

>>49721233
Sure as shit won’t be on eth. Maybe Hedera as they now have usdc, but you may as well kys

>> No.49722840

>>49721233
lmao, they're launching this because they need cash inflows. This is extremely bearish.

>> No.49723252

>>49722778
It's on Eth. It says so right there on their page: https://www.circle.com/en/euro-coin

>> No.49723429
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49723429

>>49721233
They are doing a very bad job propping up ETH.

>> No.49723444

>>49721233
>>49710252

ANON WARNED US ABOUT THIS. I hope you guys respond accordingly for what is about to happen

>> No.49723451

>>49721233
But Ethereum is the least useful of USDC chains.

>> No.49723516

>>49721233
Lmao why would they piggyback on something that is not theirs? If we get a world currency it will be completely new so they can completely control it.

>> No.49723557

>>49721233
>pegged to the euro
imagine the smell.

>> No.49723727

>>49721233
No it will be GLOBO credit.

>> No.49723756

>>49721233
euroc is not as aesthetic as usdc desu

>> No.49723761

>>49721233
Nice, gonna use this next cycle

>> No.49723839

>>49721233
Unless 100% of it is backed up by real dollars (and not "investment devices"), it won't work.

Those coin which attempt to peg to any value through the use of derivatives always eventually fail for the same reason many failed recently... a derivative is subject to the same market forces as any other investment.

If you're going with a stable coin, go with one pegged to physical gold, like the one the Perth Mint is running. That's the only stable you're going to get

>> No.49723959

>>49723444
Checked and how to prepare anon?

>> No.49723994

i can't wait to short the euro directly with crypto

>> No.49724008

How the fuck do they make money if it is fully backed?

>> No.49724017

>>49724008
treasury bonds

>> No.49724099
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49724099

>>49723252
>he thinks europoors will afford $400 transactions fees
>he doesn’t know of European central banks connections to XRP

>> No.49724131

>>49721293
UST FTW

>> No.49724216

>>49723959
Send me all your money then kill yourself. You’ll be fine anon

>> No.49724298

>>49724099
USDC is also native on Algorand which has 0.0001$ fee per tx
EUROC will also be there
Eth launch is just a smokescreen, it will be a dead chain in 2 years
https://www.weforum.org/organizations/algorand-foundation

don't buy

>> No.49724305

>>49721293
XRP is the least centralized and it's not even unironic anymore.

>> No.49724336
File: 1.66 MB, 2922x1976, stellarxlm666.png [View same] [iqdb] [saucenao] [google]
49724336

Runs on Steller.

>> No.49724435

>>49724008
Their business model is basically buying bonds on margin.

Everyone gives them tens of billions of dollars and they buy bonds yielding 2-3%, keeping the profit of course.

>> No.49724447

>>49724336
Wonder what happens when Stellar reaches protocol 24??

>> No.49724616
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49724616

>> No.49724909

>>49724008
Banks are also making 1.65 interest on excess reserves at the moment (straight from the Fed). So I assume as a fuck huge customer Circle can get above a percent even on straight money deposited at a bank.

>> No.49725234
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49725234

>>49724298
>>49724336
>>49724616
Yes. Only ISO20022 will survive this crash. ETH keeps on failing to migrate. Difficulty bomb continues to show no progress, it’s unscalable and by the time it does anything remotely close to scaling it’ll hard fork and be swept under the rug sub 20 MC

>> No.49725448

>EuroC(uck)

KEK

>> No.49726601

>>49724099
>>he thinks europoors will afford $400 transactions fees
>>he doesn’t know of European central banks connections to XRP
Eth 2.0 is coming in august. is slated. Also, XRP is for world transactions. You don't even need to use XRP at all. Its just for banks to transfer that shit back and forth instantly at a small fee. XRP is not meant for regular people retard.

>> No.49726732

Is anyone here familiar with a derogatory term that means circle...

>> No.49727158

>>49726732
Kikel

>> No.49727568

Xrpeepee xrpoopoo YWNBAW

>> No.49727635

>>49721293
Ahhh, a fellow CoreChad. Enjoying the market crash and burn as much as I am? The Phoenix rises soon brother.
>Fuck KYC
>Fuck the SEC
>Fuck your CEX Listing
Decentralized or nothing. I’m in it for the tech fags, hop onboard we David vs Goliath in this bitch with crowd sourced vesting reward liquidity options markets.

>> No.49727738
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49727738

WOW OP is a dummy.

XRP is going to be the next world reserve currency because it will be bridge currency to transact with every single CBDC instantly. It will be the TOP DOG because every country will utilize it to stabilize the currency from around the world.

If you don't understand XRP you don't understand the usage. CBDC will not become a world reserve currency because it can only be used in your own country.

>> No.49727802

God i hate stablecoin is turning into NFTs

>> No.49727818
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49727818

>>49721233
Didn't read, not buying. Monero is my stablecoin.

>> No.49727871
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49727871

>>49726601
>ETH 2.0 is coming in august

>> No.49727908

>>49727871
>ETH 2.0 is coming in august

Which august nigga 2022 2023 2033 2043 ?

>> No.49727947

>>49721293
based

>>49724305
retarded bagholder

>> No.49727957
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49727957

>>49727871
That shit is going to come out when dinosaurs roam the earth..

>> No.49728047

>>49726601
>Eth 2.0 is coming in august
no, the merge is not eth2
the eth2 concept has been abandoned
rollup centric roadmap is the only current development plan and it's more than enough
>>49726601
>XRP is for world transactions
no, curve is
your cripple ledger is dumb incoherent garbage tech made from old bitcoin forks
your trash will NEVER be used
if you want a sneak peak of what the next SWIFT looks like: curve.exchange
that's concentrated liquidity pairs, ready for prime time
none of your bullshit closed source nigger faggot irrelevant boomer shit

eat fucking shit bagholder
cry like an animal

>> No.49728139

0.9B volume in tricrypto2
one fucking billy
middle of the fucking bera
XRPEE doesn't fucking exist

>> No.49728169
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49728169

>>49728047
You sound naive. Just like those folks who rambled DEFI and BTC will be the next world reserve currency.

curve.exchange is another homemade useless clone swap... Nice try faggot keep thing defi is the future.

>> No.49729118

>>49728047
>dumb incoherent garbage tech
subjective
>made from old bitcoin forks
incorrect, except maybe for the fact that the creator of the XRPL also created Bitcoin
>the next SWIFT
SWIFT will vanish

>> No.49729307
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49729307

Forgive me, most of my investments are not in crypto...
But can someone explain "stable" coins to me? Is it just meant to be a non volatile crypto equal to fiat currency? How does it work, or does it even work? Thanks anons

>> No.49729472

>>49729307
a bank gives you the token if you give them dollars, and then gives you the dollars back when you give them back their tokens, unless they go bankrupt or... y'know