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Showing 2 of 2 results by FreddyFred
Post
Topic
Board Altcoin Discussion
Re: XRP is doomed...
by
FreddyFred
on 15/12/2024, 02:48:11 UTC
Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes



No.
Post
Topic
Board Bitcoin Discussion
Re: Trump confirm Bitcoin reserve plans
by
FreddyFred
on 15/12/2024, 02:33:18 UTC
Well, if this happens; I'm sure that a host of other 1st world countries would follow suit including Germany only that they'd be buying back at much higher price than they sold.

Bitcoin reserves is a smart move for the government but there's a two-way effect of this move on bitcoin.

1. Price go up.
2. Decentralization goes lower.

We might be looking at a potential tug of war among countries for very limited amount of Bitcoin since some of them are lost.

Amazing time to be alive. I was here when governments fought bitcoin as hard as they good. Feels really good to see them lose that fight.

As Putin puts it: "Who can stop Bitcoin? No one.".

How does Decentralization goes down? Bitcoin is decentralized? Explain ...