Unraveling the Petro Dollar - Here is What YOU Need to Know!

3 years ago
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Ripple integrated into the payment systems:
https://docs.google.com/document/d/1RoICYIZYXfKTX6Pn9mxHIAQqYz0IQEWWJ417667Q6F8/edit

The central banks around the globe have prevented recessions by issuing debt. There will be a debt crisis this is inevitable. Debt matters, just because it has papered over in the past does not mean that they can keep getting away with it. When fiat finally implodes, they will have to restore confidence. What better way than cryptos where monetary policy is baked into the code.

RECKLESS monetary policy is setting us up for a paradigm shift. It is full throttle ahead with devastating consequences. The dollar is the world reserve currency, what happens when the fed loses credibility? Trust needs to be restored on a global level. What better way than to restore trust with a trustless system. With monetary policy baked into the code. A global reset and a new world emerge from the ashes of the old a level playing field without reserve currencies.

The whole system comes to a stop it freezes. The crypto in my ledger is money that can be sent to anyone in the world in seconds at a fraction of a penny. The banks will reach a moment where they can’t transact and the technology that they have tried to contain will be a saving grace. It will be a fight or flight moment. will they save themselves by using crypto?

The large banks have a monopoly on moving money. When we hear things like “bitcoin is a fraud” or crypto is only used for money laundering. It’s to protect the monopoly. Technology is deflationary, the cost of trading stocks is 1/100th of what it used to be. The same can happen for cross border payments with technology like XRP.

Ripplenet is integrated into payment hub after payment hub, earthports, finastras, temenos, tcs bancs, ecs fin.. When the time comes, Ripple is integrated into the foundation of the payment systems. The tech is contained but when push comes to shove it’s at their fingertips through a ripple API. https://docs.google.com/document/d/1RoICYIZYXfKTX6Pn9mxHIAQqYz0IQEWWJ417667Q6F8/edit

The central banks are printing because they are trying to prevent a recession from occurring. While issuing debt the financial assets boom in price while the real economy slows. If the financial assets drop it will have ripple effects in the real economy. This is a redistribution of wealth the lower classes pay through inflation while the rich, those that hold assets benefit directly from money printing. Crypto is a way to stimulate the real economy without pumping financial asset. With tokenization, more efficient payment rails, the cost of doing business significantly drops as well as speed. It also opens new opportunities for new companies that can offer new jobs.

#btc #xrp #ripple

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