Doq Holliday
@doqholliday
24 May, 11:52
I still don’t think people truly understand what is happening to banks.
I keep seeing headlines like “The Bank of _____ is now offering crypto services”.
I laugh.
Once a bank turns someone’s FIAT money into crypto, the bank will never get it back.
You can then send your crypto to a yield farming service and get 9%-19% APY on your funds.
Imagine keeping your money in a bank after learning this.
The banks are allowing this big shiny trojan horse into their systems, not truly understanding the freedom it will bring to humanity.
Crypto is a golden off-ramp to get your money out of [their] system.
I keep seeing headlines like “The Bank of _____ is now offering crypto services”.
I laugh.
Once a bank turns someone’s FIAT money into crypto, the bank will never get it back.
You can then send your crypto to a yield farming service and get 9%-19% APY on your funds.
Imagine keeping your money in a bank after learning this.
The banks are allowing this big shiny trojan horse into their systems, not truly understanding the freedom it will bring to humanity.
Crypto is a golden off-ramp to get your money out of [their] system.
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24 May, 12:49
In response Doq Holliday to his Publication
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.
#
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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jennifer rennebu
@Whitepicketfence1
24 May, 01:13
In response Vincent Kennedy⍟ to his Publication
Can anyone explain if the Rapture is imminent why are we buying XRP?
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17Commentary 17C
@17Commentary
24 May, 01:27
In response jennifer rennebu to her Publication
have you considered the rapture is the end of THEIR world, not ours? They distributed the bible we read today; perhaps its written from their perspective?
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02:37 PM - May 24, 2022
In response 17Commentary 17C to his Publication
Only people mentioned by NiceAngel11 in this post can reply
Here KittyKitty
@HereKittyKitty
24 May, 04:06
In response Malika Vogelsang to her Publication
EXCELLENT!!!
This pastor explains it thoroughly!
The parable of the wheat and tares --
"FIRST GATHER THE TARES in bundles and throw them in the fire to be burned, THEN put the wheat in my barn."
THE MEEK SHALL INHERIT THE EARTH.
THE WEALTH OF THE WICKED IS LAID UP FOR THE RIGHTEOUS.
I believe we're watching all this play out right now 🙂
This pastor explains it thoroughly!
The parable of the wheat and tares --
"FIRST GATHER THE TARES in bundles and throw them in the fire to be burned, THEN put the wheat in my barn."
THE MEEK SHALL INHERIT THE EARTH.
THE WEALTH OF THE WICKED IS LAID UP FOR THE RIGHTEOUS.
I believe we're watching all this play out right now 🙂
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Auntie_M 369
@Auntie_M
24 May, 02:56
In response Malika Vogelsang to her Publication
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