/biz/ - Business & Finance

>>51385906
yea this is why Ripple is helping the feds on FedNow and one of the Rothschild's creating a CBDC for the bank of Scotland on the XRP Ledger

Funny shit, that the ISO 20022 requires other banks, who will receive payments from banks, also have the ecosystem to receive the fundings. So every bank, interacting with the bank of Scotland, will have to work with Ripple. Once they see, how easy and fast their transactions are, they will want to use the same technology.

>>51384521
kek swift is not being replaced, but cryptos will just help first.
cbdc's for wholesale will be used in 3 years, according to the WEF
But it'll still be a long process, as banks still do not trust the blockchain, so minor banks have to make the first step

>>51385073
he's actually right
and you're good to go with link, xrp, xlm, hedera, algo, iota (although they face technical and internal issues) & quant for the start
also FTM could seriously play a role regarding govs & IoT, but I'd rather bet on Eth, as it seems to become an exclusive blockchain for the wealthy and rich elite