Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
Diamond_Darrell
on 21/05/2018, 14:08:09 UTC
Take the time and read this.
You will understand why Ripple is the best!

For years now the Bank for International Settlements (BIS), International Monetary Fund (IMF), G20, BRICS, and the Financial Stability Board (FSB) have all been working together on developing the best alternative to the role of the USD as the primary reserve asset used in the global monetary system.  The challenge has been to find a supra-sovereign asset, which is an asset not owned or anchored to the domestic economy of any one nation, with enough global liquidity to function as the base, or bridge asset, for the full global framework.

The USD, and the British pound before, has been a drag on the international system almost since its rise to full prominence in 1944.  The use of a domestic currency as the bridge asset in a global system ensures that the demand placed on that currency will expand the money supply far beyond what the domestic economy can sustain.  This is what happened with the USD and the symptoms are around us everywhere.


...

Blah blah blah, an alternative to the dollar, blah blah blah. If it really is, then the ripple will be hanging around $ 1. Nothing good will come of it. But hamsters will be able to brother when it will rise> $ 1 and sell when it goes <))) this is their fate))))