Distributed Ledger Illusions - Central Bank Atomic Swaps = GAME OVER

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In 2008 the banks failed and the fed bailed them out. In 2020 the banks are failing and the fed is bailing them out. The difference today is the FED can't stop bailing them out. Easy money directly to these banks indefinitely or until the economy stabilizes (thats not going to happen this is why their so desperate for a cure) this easy bail out money is causing inflation, we can't have hyperinflation..

The fed will pull the rug at one point because inflation is too high. They do this by raising interest rates and the whole global economy will come to a halt and then the banks fail.. After the banks fail nobody will be able access their money. imagine if the whole world couldn't access their wealth? To stop the people from revolting the fed will send Fedcoins to everyone's wallets this is resetting the system from debt you had at commerical banks to credits we now have with the fed. . The legacy system will be frozen the banks will only be able to transact using crypto assets. The internet of value. The law makers can squabble back and fourth but their is an emergency brewing and sooner or later they won't have a choice.

XRP has been around since 2012 its a coin that has been in the crypto scene from the very beginning. Wealth is stored on this public crypt. There is an incentive for everyone in the world to crack the ledger and its been around for 8 years without a problem.

Central banks create money for nations. Understand that Brad just said there are central banks, plural banks, meaning more than one creator of fiat for nations. Imagine if two nations didn't have to settle traditionally with nostro and vostro and could settle instantly using XRP. As bob way has stated... that scenario is Game over for every other central bank. Looking into the XRP ledger to host stable coins. There are There are 50Billion XRP locked into escrow. 1 billion of those coins are released to ripple on the first of the month for ripple to advance the XRP ecosystem. I think at one point that 5

Recently there was a data breach and email addresses and phone numbers were stolen from Ledger. The cyber criminals emailed and texted all of these numbers and asked for keys this is called phishing. Unfortunately some people provided this information and over 1 million xrp was stolen. Self Custodying has flaws especially if you are new and naive to the crypto space. iTrust Capital offers institutional grade custodying solutions as well as leading insurance policy on all of your assets. There is a link in the description of my video as well as a link to a in depth explanation to Curv. Be sure to check it out.

The markets, transactions, from people to people to businesses to businesses, to banks to banks, to governments to governments will be able to remove the middlemen. Efficient transactions, loans, etc. Cheaper to move money, automated money, new opportunities will rise from this efficiency, the fluidity of money will increase, buying and selling goods and services, When the economy is more efficient everyone benefits.

The united states isn't going to turn to the free market. When the USA reacts to China they're turning to the private sector. It just so happens that there is a company in San Francisco that has been around since the beginning. XRP was created in 2012 and later came ripple the company.

Maybe my perspective is skewed because I'm an American. The government is a slow moving machine but when it starts moving it accomplishes great tasks and quickly. With the current events in the last year it is safe to say the the united states just started moving and as it moves it will pick up momentum.