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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I have been following Whiplash347 on Telegram and he is teaching us about The Stellar network and how it will become the Peoples network of Digital currency in the New Quantum Financial System! The news of it is global as I have been researching for 1 year now and on my second year. As a newbie, lost some money, but, learned how to research each token/coin/stock on the network, I have done better, discretion is key. There is also an exchange to get into stocks of global corporations for less than pennies. We have been told that the stock market will fold into the Stellar Network. The wallet is called LOBSTR. XRP is being sacrificed at this time for regulation ISO20022 to come in to keep the riff raff out! XRP will be King as it still has 95% being traded overseas. US has it on hold in SEC untill all is taken care of. They tried to destroy XRP while letting Ethereum slide by. XRP Ripple=cross border payments for countries/banks! XLM/Stellar=peoples network! All be Asset backed!
06:41 PM - May 24, 2022
In response Vincent Kennedy⍟ to his Publication
Only people mentioned by Anjell777 in this post can reply
24 May, 07:49
In response Anjell 777 to her Publication
Careful with WhipLash.
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Anjell 777
@Anjell777
24 May, 08:09
In response Sarah Connor to her Publication
why? I am not following the scam accounts. What is it that comcerns you?
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Anjell 777
@Anjell777
24 May, 08:11
In response Sarah Connor to her Publication
WHIPLASH IS SHARING Stellar Network. There is global news to support it and he is sharing the same about XRP as VK, so, I’m not sure of your concern. I do know there were scam Whip accounts, but, I stay clear of those.
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