d a n n y d A r k Ω @Rabb1t_Fr3n
24 February, 02:02
If Russia were to be eventually cut off from SWIFT…

…are they prepared?


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••• Bender ••• @4dBender
Any Country, State, Group, can create their own blockchain and tokens to use as currency for internal trade.
02:07 AM - Feb 24, 2022
In response d a n n y d A r k Ω to his Publication
Only people mentioned by 4dBender in this post can reply
d a n n y d A r k Ω @Rabb1t_Fr3n
24 February, 02:13
In response ••• Bender ••• to his Publication
Yes but governments are inefficient & would never build out a system from scratch.

But they will utlize a network like XRP, along with federated sidechains, to issue assets with ease.

The CEO of Ripple & BoR governor presented in the room together.

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••• Bender ••• @4dBender
24 February, 02:22
In response d a n n y d A r k Ω to his Publication
Agreed that it's easier to jump right in to an existing infrastructure, and I won't pretend to know a great deal about XRP, but I see a lot of risk in doing so when the motive is to use the blockchain strictly as a nations currency. The nation should own the entire mining system without depending on foreign resources. A brand new blockchain seems like it would be the best choice for a nations currency.

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••• Bender ••• @4dBender
24 February, 02:30
In response d a n n y d A r k Ω to his Publication
according to this infograph, 7 accounts control 15.7 billion XRP, which is too much concentration in my book.
https://www.xrpchat.com/to...

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