Quote from: teosanru on Today at 08:52:35 PM

Quote from: cryptoboss2020 on Today at 07:33:46 PM

Quote from: avikz on Today at 06:17:08 PM

I really love to read conspiracy theories. It shows how rich a human mind is and how deep it can imagine. Good one, bro! Loved reading it.

De-leveraging The last thing the west will do now when they have started coming back to normalcy. And even if it happens, it will only make a company financially viable by rapidly cutting down their debts. How come money will become scarce as a result of de-leveraging?

Not making sense! Some more explanation is needed!

Deleveraging debt*
USA and uk and eu Will Go on gold standard
So the intrst rates go up.

The great reset is about the 'reset' of the Financial System follow up of the debt bubble, which cannot grow any longer.

The deleveraging is going to suck all Western markets dry

We can avoid of this.
The Plan is we need XRP kind of coin to start giving loans out to with coins and if People pay Back First one loans You Give them More loans on the crypto currency Wich has the large supply.
By the time it Will devalue like fiat or You simply deleverage debt u have given out.

The Question is not what is the Solution the Question is why we Don't provide this Money system Solution and be like a bankers.

Let's take your example and you give XRP as a loan to the folks. So don't you think people would immediately sell of their xrp for cash? And if they do it what is the whole purpose of giving them loan in a crypto? They'll end up most of the time hedging themselves against exorbitant interest, one that you'll charge on XRP and second due to increase in value of XRP as they will eventually buy XRP to pay you. Also what if the owner of XRP dumps his supply and the price falls drastically? Banks collapse? Or wait for price to come back up?

No matter what it has to be xrp like large supply coin.
It does not need Fiat for xrp kind of Currency.
If People are use it as fiat.
Xrp is great Project but not beneficial its not my Currency.
I need we need Our own Currency.