Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
word?!!!?
This the joint. I can put both on the same wallet? blah blah blah. In other words this IS the much improved
version of that hard to use earlier ledger wallet?
I found those earlier wallets 2 sometimey
Search this thread for Tangem wallet. You can thank rnb thug for the drop.
Trump is going have me selling ass to recover at this point. When is the couch fucker taking over for the next phase of the US take over.
Anyone holding XRP, before next month.....
Can retire early & tell their boss (or co-workers) to kiss their black ass
I remember back in 2017 we all thought ripple would be the big buy. I bought some and it didn't even go past $1 for nearly a decade. Hell it is barely breaking $2.40 NOW. Now it is this thing...I am all about coming up but this seems like a cash grab for ripple using xrp to pump their stock. With the way everyone on youtube and such are pushing this again it seems like a flashback to the imf lady announcing ripple and us thinking oh xrp will do blah blah blah.
I hope it does go high but managing expectations is my thought.
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Yeah fam, I definitely feel what you're saying
I'm hoping it finally breaks out too
Seems like the USA (and multiple countries) are trying to move away from traditional fiat currency
Paper money is slowly fading away, in favor of digital money
And I think the transition is going to happen faster than people realize
Gold, Silver, Crypto (ISO 20022 coins), & the stock market to some extent, is the way to hedge against the rise in inflation
So now.....the question becomes.....which digital system/network will most countries try to move to ???
And seems like the answer will be..... XRP/XLM (Ripple)
We can only hope. They are doing something big and the push for digital is not new either. It is also the way for the govt to control total population. You piss off big brother and you lose your entire life with click of a damn button. Spooky times we are in.
That said I have a couple xrp coins hoping shit pops. I am waiting for them to announce what stable coin the cbdc coin will be and I will hop on that.
Good luck to us all because like you said paper money is going the way of the dodo.
That said I have a couple xrp coins hoping shit pops. I am waiting for them to announce what stable coin the cbdc coin will be and I will hop on that.
Good luck to us all because like you said paper money is going the way of the dodo.
Outside of Trump using crypto to further his with, is don't see it making a real change. We are already a digital financial society. A lot of people never touch paper dollars or coins. Even from people to people, we use apps to send money to each other.
If you go to a store and have an account, they track each item you buy. Banks or apps can lock your account whenever they want. They don't really need blockchain to do these things.
I think the four year cycle thing is over and it was never a real thing. 2017 there wasn't much money in it and ETH smart contracts hyped things. The BTC forks helped with the drop. Also during that time Tether pumped the market by buying BTC. After that FTX and the other connected groups pumped the market. The NFT hype brought in new hype and retail. CZ snitched on FTX and we fell. Forgot, covid crashed all markets and Trump gave money that retail put into the markets. Trump shows interest in crypto to get votes. Trump wins and crypto space begins to when favor. Trump hurts market with Tariffs.
To make money, you need to find the next big thing in the space like Nfts and Eth smart contracts before. So far and it may be too late, thus looks to be prep platforms like Hyperliquid, Aster and Strike. You either hold the tokens or use the platforms and long/short the market. Hopefully, im wrong but the days of making easy money are over or coming to an end.
Yeah fam, I definitely feel what you're saying
I'm hoping it finally breaks out too
Seems like the USA (and multiple countries) are trying to move away from traditional fiat currency
Paper money is slowly fading away, in favor of digital money
And I think the transition is going to happen faster than people realize
Gold, Silver, Crypto (ISO 20022 coins), & the stock market to some extent, is the way to hedge against the rise in inflation
So now.....the question becomes.....which digital system/network will most countries try to move to ???
And seems like the answer will be..... XRP/XLM (Ripple)
I suspect that a new digital currency will be created and agreed on before XRP/XLM. I don’t see other countries agreeing to a digital currency created by an American company that has already been distributed and localized in the US for a decade. I especially don’t see China agreeing to it. The only crypto I’m optimistic about is BTC.
Who knows. I know I fucked up my bag MULTIPLE times. I remember when btc first dropped and it was like .0000002 or some shit. That was back in like 2003 or so. I didn't jump just watched. Then when euro came out I could have bought when it was .79 on the dollar again skipped it. I lived in S. Korea back in 2014 and bought btc at 200 a coin. Fucked them all off on eth which was like 50 a coin. Then vet blah blah blah...
I say all that to say there is always money to be made just have to either get super lucky or have patience and hold tight when you get the next big thing.
And yeah XRP is a loooong shot. Most likely going to be btc or eth maybe solara but fingers crossed.
We are not fully digital yet
If someone wants to do some illegal shit, you still have the option to move it in cash
Drugs, illegal guns, prostitution, money laundering, tax evasion, etc, etc
The government wants to completely take away those options, so they can track.....everything
They want everything tokenized
Big brother, George Orwell 1984, type of control
(I don't like it, but just stating what they want to do)
Right now we are like 39 trillion in debt
And its getting harder for us to borrow more, b/c other countries aren't fucking with the US dollar anymore
Other countries are dumping US dollars for gold, silver, crypto
So basically the USA needs another "scheme" in order to get up from under all of this debt that they have
** The government shutdown needs to end
** The Clarity Act needs to be signed
** The XRP ETF's need to be approved
** The ISO20022 final deadline (Nov 22nd) for banks to be compliant, needs to get here
** Then banks & financial institutions need to actually use it on a daily basis
YouTube Star MrBeast Files Trademark for Crypto Exchange and Payments Service - Decrypt
YouTube star MrBeast has filed a trademark for MrBeast Financial, a crypto exchange and banking app, but hasn't yet provided more details.
decrypt.co
it's not totally unusual for banking services being shutdown for overnight maintenance.
The only weird thing is the time 7Am/pt-10Am ET Sunday morning. Seems like this should be an overnight thing with everything up and running by 7AM ET.
This times 1 million.
True. I didn't mean everyone used digital. Only that as a whole we are. I think of it like just before credit or debit cards really took over. Up until maybe the mid 2000s, you had to keep cash on you. Not every place accepted credit/debit cards and atms weren't everywhere. Even if they did accept credit/debit cards, they may not accept your brand ( i feel like American Express wasn't always accepted at a lot of places). Today, you can use your phone or watch to make transactions at most retail stores. Even kids send money to each other via Cash app. The government doesn't have to force us. As older people fade away younger people will move society more to digital. For example, i can't remember the last time I saw a physical newspaper. Im sure they are still around, but not even on the level of 2013ish.
I can't really argue criminals using cash. Same for people who are paid under the table. That said, they'd need to live there life like this fully and likely anyone they involve themselves with. You may get that off for small amounts of money but you aren't for example buying a car from retail with 10000. You'd be flagged. Even using large amounts for groceries may be suspicious or memorable especially from younger people. Let's say you buy an iPhone from me in cash. Im highly likely to deposit that money somewhere. If you were being investigated, anyone you are dealing with finances would be looked at. It would be harder but it's not impossible especially with other technologies we use like smartphones. Most of the things we do today are tracked and or leave a trail. The data is there but no one is looking it deeply. Itd be the same for crypto or if we fully went digital outside of crypto.
Every country is in debt though. Yes countries are trying to move away from the US dollar. Im not smart/knowledgeable enough to know, but id think holding a large sum of an asset would be enough. Initially anyway. You would not need to make us use BTC in stores to shield us from others countries and maintain our power. I could see the need to use stable coins and put them in the market, but I don't see that as far removed from what we have today. That's assuming we are allowed to keep wallets like metamask and things like Midnight are allowed for privacy. At somepoint, it will be regulated in a similar fashion to bank accounts. If they prevent of from using our personal wallets, it's definitely just a slight change in the technology being used and not necessarily the way we live.
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