The word Crypto freaks people out. I believe you are talking about a stablecoin like USDC That is 1 to 1 to the US dollar. Safe from the crypto markets.

I know you know this stuff but figured I would expand it a bit so everyone can understand.

Current 'Banks' will become 'Farms' as they wont have a choice but to adapt to DeFi. Many will just fail.

If you keep $1000 (USD) in a Banks savings account they will pay you $5 a year

If you keep $1000 (USDC) in a Farm it will earn you $90 a year.

If you try to take $10k in cash you have to declare @ airports.

No restrictions with a digital ledger. You can take your money with you everywhere. You have FULL ownership of your funds. The crypto market is full of scammers for that reason. Everyone trying to get your money.

Most coins are going to fail. Utility is king in the blockchain space. Only the useful will survive.

XRP is setting up nicely 2 b the onramp for Bank's Fiat. Lawsuit taking longer but gives opportunity.
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VK, been thinking more about this.

Will the banks have to use XRP to perform yield farming for their customers? Is that the only competitive way to do it? How else would they do it?

Is that why the banks are trying to buy up as much XRP as possible right now?

@vincentkennedy been thinking more about this.

Will the banks have to use XRP to perform yield farming for their customers? Is that the only competitive way to do it? How else would they do it?

Is that why the banks are trying to buy up as much XRP as possible right now?

who is this farming service you speak of?

there is more than one. Might want to just google "yield farming platforms' and go from there and do some reading. I will say that I do not farm at this time I stake some of my assets which is making APY on the amount of tokens I keep locked up.

This old lady could sure use advice on where to even start when investing in crypto... ❤️

me too! i need some education!

I wouldn't worry about it for awhile. Will overall be crashing through part of next year probably. If you want an investment idea, buy some gold jewelry and just enjoy it.🙂

NWO is the banking system.

But i’ll let you explain your point. Go for it.

If only the world was this black and white. I used to think the same way.. BUT there's many shades between the black and white. I do believe crypto is factioned.

There are BAD people who currently do run the banks and bloodlines family money, Pushing their version of the it. I do believe that they had to because they new what was coming years before us. They launched and set their sup prior to everything else.

I Do believe also that crypto, or I really like to call it blockchain technology has use and can be used to really help us. Its not just BAD BAD, THIS BAD THAT BAD THIS GOOD THAT GOOD...

Do you think bad people will just quit? do you think that they will just stop? they gunna try to USURP anything good that comes along.

Have open mind to try to understand something that will affect you drastically in the future.. This is how we CHOOSE as the good people. The bad people use our CHOICE.. if you don't choose and you let them.