There are two scenarios that I can see playing out with banks:
1. They collapse on their own without a CBDC
2. They go the CBDC route as a last resort thinking they will maybe save themselves but CBDCs act as a white hat trojan horse as they give bank members the ability to convert their accounts to the CBDC but the banks still try to keep their stupid control rules in place. People will then get pissed, swap their CBDC for a stable coin and move the funds out.
Banks die.
Only a matter of time.
1. They collapse on their own without a CBDC
2. They go the CBDC route as a last resort thinking they will maybe save themselves but CBDCs act as a white hat trojan horse as they give bank members the ability to convert their accounts to the CBDC but the banks still try to keep their stupid control rules in place. People will then get pissed, swap their CBDC for a stable coin and move the funds out.
Banks die.
Only a matter of time.
11:18 PM - Oct 29, 2022
Only people mentioned by doqholliday in this post can reply
Grace4 mankind
@Grace4mankind
31 October, 09:49
In response Doq Holliday to his Publication
We have a Community Bank in our town. You can look up info on public records & They offer their family members and cronies “limitless line of credit” as long as they make the original mortgage payment. I couldn’t even get the paycheck protection loan when Covid started because they served clients with high account balances first. I hope it gets shut down or blown up on Nov 5th!!
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Doq Holliday
@doqholliday
31 October, 11:09
In response Doq Holliday to his Publication
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Sneakers 359
@Sneakers359
31 October, 12:07
In response Doq Holliday to his Publication
Hw will we the people know its White hat based or Damn Cabal based we need clarity
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FOR FREEDOM
@AMERICAN_HODAG
31 October, 02:22
In response Doq Holliday to his Publication
isnt Western Union already using XRP for transfers across the World....seems Banks are already Fooked like Credit Suisse cant even get loans from.other Banks much less a merger with their Swiss neighbor UBS
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Courtney Webster
@Patriot777_
30 October, 08:17
In response Doq Holliday to his Publication
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Adrienne Green
@Itsyoadrienne
30 October, 05:42
In response Doq Holliday to his Publication
🙃Do our bills go with them...
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I'm Smiling
@dannySonOfJohn
30 October, 05:42
In response Doq Holliday to his Publication
Fear Porn
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In response Doq Holliday to his Publication
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Daniel Sunday
@Dan47
30 October, 08:37
In response IAM 8:13 to her Publication
😃👍
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rjcassidy
@rjcassidy
30 October, 09:55
In response Doq Holliday to his Publication
Unless there is an organized plan to reduce the debt load, the central bankers will print all of the currencies into oblivion. It has happened in every single case. Because they have kicked the can so far down the road, they are in the unfortunate quandary of print money or die.
Why you might ask....simply because overly expanded balance sheet money can't be allowed to default any longer. Just like Lehman, where they go one they go all.
Another important factor is that digital money is credit money. Credit money will cease to function when prices are rising too fast to adjust, but the bank balance sheets will appear solvent on paper. That is why if this plays itself out naturally, you will need wheelbarrows to go to lunch. Just like in Germany and Zimbabwe.
The last point is this: The U.S. currency derives all of its current value from its global use. That is coming to an end with the BRICS saying we aren't taking your worthless toilet roll for our blood sweat and te
Why you might ask....simply because overly expanded balance sheet money can't be allowed to default any longer. Just like Lehman, where they go one they go all.
Another important factor is that digital money is credit money. Credit money will cease to function when prices are rising too fast to adjust, but the bank balance sheets will appear solvent on paper. That is why if this plays itself out naturally, you will need wheelbarrows to go to lunch. Just like in Germany and Zimbabwe.
The last point is this: The U.S. currency derives all of its current value from its global use. That is coming to an end with the BRICS saying we aren't taking your worthless toilet roll for our blood sweat and te
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Alycat 777
@alycat777
30 October, 09:20
In response Doq Holliday to his Publication
They collapse on there own.from greed.Instant relief for all people..peeps all over the world need relief.it will happen instantly.flip of a switch. XRP is the thing.. But im going with silver.coz President Trump told me too.Happy Sunday.God Bless You Patriots🙏🙏💞
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30 October, 08:51
In response Doq Holliday to his Publication
Ready when you are!
Nana sees XRP being a winner either way?
What you think?
Nana sees XRP being a winner either way?
What you think?
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Philip Martinsson
@PhMartinsson
30 October, 05:56
In response Doq Holliday to his Publication
I see a possible third scenario:
That we keep the central banks to actually help with having some sort of central control for utilizing universial basic income etc and to have a structure for the world wide economy. In that case CBDCs would work as a transparent and mostly automated system owned by we the people - with the evil people gone. Private owned banks would we taken down and not even allowed.
That we keep the central banks to actually help with having some sort of central control for utilizing universial basic income etc and to have a structure for the world wide economy. In that case CBDCs would work as a transparent and mostly automated system owned by we the people - with the evil people gone. Private owned banks would we taken down and not even allowed.
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30 October, 02:25
In response Doq Holliday to his Publication
And what does every CBDC require ? #XRP
XRP is going to melt faces . ✨☀️✨
XRP is going to melt faces . ✨☀️✨
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30 October, 08:30
In response Dovetail 1221 to her Publication
I hear future voting will use transparent blockchain technology and/or XRP tech.
No more rigged voting.
No more rigged voting.
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Pike Bishop
@Pike_Bishop
30 October, 08:38
In response Dovetail 1221 to her Publication
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Jen ...
@Jenfranji
30 October, 12:57
In response Doq Holliday to his Publication
Or, after the banks all setup, then the Whitehats pull the internet plug and connect to Starlink or similar.
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30 October, 12:10
In response Doq Holliday to his Publication
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Aus Sco
@eaglesoar5252
30 October, 12:06
In response Doq Holliday to his Publication
I prefer hard currency, something I can hold in my hands
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Tom Carr
@RiseAgain17
29 October, 11:43
In response Doq Holliday to his Publication
100%. We wont need banks for long! We need humanitarian centers, that help with creating wealth within our communities! XRP and XLM should help this process! #SlavesNoMore
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Joe Q Public
@joeqpublic3608
29 October, 11:20
In response Doq Holliday to his Publication
No CBDC's .
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