27 December, 08:32
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In response Mocheezeplz ... to his Publication
FIAT? 🙄
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27 December, 09:05
In response TBo ogg to his Publication
XRP will be considered fiat until its backed by gold.
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27 December, 09:20
In response Mocheezeplz ... to his Publication
XRP is a bridge. Central banks can and will use the XRPL to build their CBDC aka digital fiat but anyone can come out with a currency on XRPL including Visa and We The People.
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Pats Fan
@AllweneedistheTRUTH
27 December, 09:23
In response Vincent Kennedy⍟ to his Publication
i dont trust any digital currency
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27 December, 09:29
In response Pats Fan to his Publication
If you use creditcards, autopay, etc you are already using it.
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Pats Fan
@AllweneedistheTRUTH
27 December, 09:31
In response Vincent Kennedy⍟ to his Publication
but I can go to the bank and get cash. I like cash. I use my debit card but I like cash.
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27 December, 09:48
In response Pats Fan to his Publication
All cash will be blockchain based. You will be able to get paper cash but it will be on the blockchain. Right now the USD is getting looted. You see them stealing all this cash. At some point all current paper cash will have to be converted. All this looted cash may have a hard time getting converted because [they] will have to prove where it came from. There is trillions of ill gotten cash out there worldwide.
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27 December, 09:52
In response Vincent Kennedy⍟ to his Publication
All ill gotten gains flowing into Stellar for purchase and redistribution to We The People
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27 December, 09:57
In response I AM Cedaina to her Publication
I guess you can look at it that way since it will lower our national debt. Maybe they give some free money to get people to use it.
People should learn how to navigate around CBDC but most wont due to convenience.
People should learn how to navigate around CBDC but most wont due to convenience.
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27 December, 10:07
In response Vincent Kennedy⍟ to his Publication
so lost in it all I dont understand any of it.
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27 December, 10:21
In response Mike Allen Good and Green to his Publication
Most don't. That's why convenience wins.
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A current US Fiat Federal Reserve Note gets converted into.... ?
If it turns into Central Bank Digital Currency (CBDC) (Federal Reserve -> IMF/World Bank (Private Cabal again)) what choices are there for a normal person with money in Local Banks and Credit Unions if it just converts? Ideally we are all hoping our Treasury via Tariffs for income (DJT!) and an asset backed currency prevails right?
Maybe I am over simplifying it?
If it turns into Central Bank Digital Currency (CBDC) (Federal Reserve -> IMF/World Bank (Private Cabal again)) what choices are there for a normal person with money in Local Banks and Credit Unions if it just converts? Ideally we are all hoping our Treasury via Tariffs for income (DJT!) and an asset backed currency prevails right?
Maybe I am over simplifying it?
10:30 PM - Dec 27, 2022
In response Vincent Kennedy⍟ to his Publication
Only people mentioned by joeqpublic3608 in this post can reply
Joe Q Public
@joeqpublic3608
27 December, 11:08
In response Joe Q Public to his Publication
I see the blockchain ledger (bottom right), makes sense to me. It always comes back to are these denominations backed by materail assets?
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Matrix Observer
@MatrixObserver
28 December, 05:49
In response Joe Q Public to his Publication
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