/biz/ - Business & Finance

ngl first time I've considered picking up some xrp

all you XRP retards cannot wake up and realize this is one of the last things to become a replacement to the swift system.

Just a few days ago the IMF broadcasted a video about how they are going to make thier own "Cross border payments" aka government issued digital currencies.

This means eventually this will make banks a thing of the past, and everyones bullish case for XRP is that they are partnering with banks.

Thats like buying a shitcoin making partnerships with blockbuster video before they go out of buisness and the birth of Netflix is known.

do what you want with your money crabbing at 30-40 cents and slowly grind to .03 cents not 3 dollars ever again... screencap this shit if you like

>>23442665
Everyone who assumes that banks will use XRP also assumes that banks are somehow, honest actors who want good faith "more transparent" systems to abide by.

LMFAO.

Banks are corrupt. Banks play by their own rules. Banks do not want to give up what they have. Its like trying to take a recliner from an old man.

>>23442448
I'll say it first. Made for Big White Cock.

>>23442665
I can kind of follow the logic about digital currencies eliminating banks but can you elaborate a little? I hadn’t considered that (disclaimer. I don’t own xrp)

>>23442730
>He doesn't know the Patriots have seized control over the banks

>>23442448
>be on vacation in bongland
>see Arya Stark gliding down the sidewalk
>like a graceful penguin with gout
>follow her for a block
>working up courage
>gently touch her shoulder
“H-hello, I’m Anon. Y-you’re the prettiest girl I’ve seen all day! W-would you join me for dinner?”
>she spins around nearly smashing me in the balls with an Abercrombie bag
>stares intently for a few moments
>then breaks into a grin that looks like she could eat an apple through a chain link fence
“YEH ORLRITE! FAK IT, WHY NOT? I CUD DO WIV SOME FREE GRUB ANNA LITTLE OF THE OL IN OUT!”
>quickly grab her hand and go into the first restaurant I see that has tablecloths
“FAKKIN ELL! POSH ERE INNIT? GLAD I PUT SUM KNICKERS ON!
>she lets out a little giggle that sounds like a horse with it’s leg caught in a wood chipper
>head waiter gives me the stinkeye but leads us to a table
>Arya cocks her head and squints at the menu
“ERE NOW, WATS THIS SHITE? IT’S ORL IN FAKKIN FRENCH! OI CARNT READ THIS, I’LL END UP GETTIN A PLATE OF FAKKIN SNAILS WUNNOI?!?”
>look at the menu. It’s in English, just a fancy script
>she shoves her menu at the waiter
“I WONT PIE AND MASH DUNNOI. PLENTY OF LIKKER ON THA MASH, GUV!”
“I’m sorry, madam, we don-“
“I SED FAKKIN PIE AND MASH M8! AND A PINTA LARGER FOR ME EDACHE!”
>he slinks away without even taking my order
>Arya pulls a pack of Mayfairs from her cleavage and sparks up, ashing in the bread basket
>starts rubbing at her crotch
>brings her fingers up and licks them then cackles
“JOLLY FAKKIN ELL, IT’S ME TIME! OI LUV GITTIN SHAGGED ONNA RAG! GUNNA AVE US A RED WEDDIN INNA LOO, AIN’T WE?”
>look over my shoulder and franticly signal the waiter for the check
>turn around
>Arya is slumped over the table
>raped to death by Pakis

>>23442814
I'm aware of the theory,
But we're talking about what? Three or four appointed people that are up against thousands of people who aren't just desk monkies but class c executives in companies who are probably willing to murder for control?

I'll believe it when I see it, and I'm not holding my breath.

>>23442448
SLAG

If XRP was going to be the industry standard wouldn’t normies be priced out by now??

>>23442894
It's the AIs living on the blockchain, not appointed individuals. They have dirt on everyone and control of their financials.

>>23442448
FCKKKK AGAIN THIS PICTURE RETARD NGL SHE THE BUTTERFACE

>>23442751

so the whole point of these government issued cryptos is essentially linking together a mix of things.

Biometic ID (health records etc)
Your Finances (digital money stored on a phone or card....directly linked to your country much like cash but digital, no bank account needed)
Social credit system (much like whats in place in china)

as of now if you do something the government does not like, they have to go through the back door of the bank where you keep your money and then they can seize your money or freeze your account until you pay up anything you refused to pay to the government.

with this whole covid situation they want the public to be vaccinated, they will do through this new proposed "cross border payments" through the IMF broadcast a few days ago. If you dont want to take the vaccine, they essentially have fully control turn off your funds, or perhaps tweak your interest rate on your mortgage much higher or do other financial tweaks to set you straight and follow orders.

Bottom line the overall message I got at least with fiat moving forward will be digital and the governments across the world want to bypass all banks to have direct access to being the gate keeper of your money and keep you as an obediant citizen fully controlling you financially.

also this has been the ultimate goal to have the whole planet completely held hostage with enormous amounts of debt (credit card, mortgage, car payments)

>>23442976
Normies ARE priced out... if you don’t have at least 50k XRP you aren’t going to “make it”. You think most normies have roughly $12,500 to invest in XRP?

In the US, people are begging for another $1200 stimulus check just so they can survive for another month. $1200 doesn’t even get you 5000 XRP... again, normies have been priced out.

>>23443736
>50k to make it
fud

>>23442448
Link marines cucked xrp army so badly these last couple of months

>>23443444
Consider this, just blanketing people in debts is a really ham fisted and old school way of doing it. The trick is to make more intricate models that allow people to self select what path-stones they go down. Letting them "self select" whatever social-financial "status" they feel most comfortable in.
The trick is that what makes them the most comfortable isn't always what it best for them. But now they will be segregated and more tied to that then ever before. Easy to get in, hard to get out.

Actual good performers will be able to remain valuable by making good choices.

>>23442665
>Betting against Jews

Not gonna make it senpai.
You do realise the Jews own a crippled and dying bitcoin (blockstream) and will crash it, leaving bank coin victorious?

Yeah you just bought a suicide bag, atleast if you take the time to research you did. If you replied to this comment within an hour then I guess I will see your pink wojac posting soon.

>>23443891
The average normie "self selected" and was easily able to achieve the "status" they were looking for.

Old school way of doing it was being able to earn your home, or your car etc. that means actually having the money to buy it and there was a time a middle class existed and people were able to work hard and get these things without oweing money for it over a 25 year period.

Now a days nobody wants to earn thier home, or earn thier car. They also do not know how to maintain thier home, or maintain thier car either. If the bank will give them the loan they will take the first opportunity to get it, and worry about the balance later.

Going back to the new financial system proposed by the IMF, this is how they control the average normie. Because a very high percentage of most everyday citizens are sitting on at least half a million dollar mortgage, making payments on BMW and Benz Suvs. Dont even cook for themselves and live off Uber eats using a credit card. And do not have more than 400$ of savings, and dont care to learn about how money used to be pegged to gold but now can be printed to infinity to enslave them. And they most likely think Bitcoin and crypto as a 2017 hype fad.

https://thecanadianreport.ca/is-this-leaked-memo-really-trudeaus-covid-plan-for-2021-you-decide/

In canada they are already going full force on "excusing all debts" this means we are moving forward with more people unemployed by design, and not being able to make payments on the mountain of debt by design.

And with the new financial system, they will excuse all debts if you just take the vaccine they to force on everyone.

again this whole system does not need banks, and again XRP is a pure joke and will not be the global standard. Anyone that thinks that is simply holding a bag with a bunch of hope.

>>23444592
>And they most likely think Bitcoin and crypto as a 2017 hype fad
It was, objectively

>>23443736
>50k to make it
New fud alert

>>23444592
interesting link, big if true
We agree on way more then we disagree on. I'm not arguing with you.
It does seem like some kind of "one two punch" is coming with UBI, and clearing debts.
Something I left out is how AI assisted decision making will also "lend a hand" is bringing people to comfortable places to rest.

You're right that no one wants to work hard to earn their home, or their car. What people want and have always wanted is to "be respectful citizens and make something of themselves". To "succeed".
https://www.youtube.com/watch?v=giQxUkZ4Anc

Ideas in flux, and even under attack because they're vulnerable. Vulnerable because it is growing apparent that in the age of UBI, automation, ya know, the whole suite of "career ending technologies". New Surrogate livelihoods will spawn. You can now "make something of yourself and be respectful" by being one of the best video-gamers in the world.

This takes he power and the punch out of "two cars and a two story house" like the Kid in the youtube video talks about.
There will be two main groups. Populace and their Managers.

>>23444592
>Bitcoin
Awww he was a Maxie the whole time

>>23444932
no anon, I hold all sorts of coins

>>23443736
lol.......priced out of xrp......lol its been on a steady crab from .28cents to .27cents since the fall from 3 dollars.

https://www.youtube.com/watch?v=h6SA_ln0ExA&feature=youtu.be&t=447

>>23442448
The new standard of dot finances will soon be Bonded.

Don't miss the curve.

>>23443736
No one except normies even buy this coin to begin with, aside from Cripple and Jed the amount of XRP whales is incredibly small but millions of financially retarded idiots have some amount of this shitcoin because of its cheap price but they ignore the obvious TA, inflation, mcap, circulating supply and the fact it's down over 90% and never going to recover. Morons thinking they'll get rich off this shit with a 100 dollar investment when all they're doing is buying up Cripple and Jed's bags. This piece of shit is an obvious scam and the worst known example of a transfer of wealth in crypto -- it shouldn't even be considered an actual crypto currency since it goes against everything crypto stands for. Fuck this kike piece of shit.

>>23447138
>inflation
Please elaborate, dear brother.

>>23447283
https://cointelegraph.com/news/messari-xrp-inflation-rate-five-times-higher-than-bitcoins

Because of Cripple and Jed selling off their billions of supply basically.

>>23447432
Coin telegram is not a good source of information. "According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure." Why would downward price pressure be a bad thing, if this is a long term hold? It deters people with an affinity for instant gratification. The stability of the coin is what attracts institutional investors.

>>23442665
>banks a thing of the past
>Monetary practices In ancient Egypt

I've smelled Maisie at a book signing in Ireland. Strategic positioning and lucky timing. Poor or not I have already made it.