@0x3Jay As with most of these posts it's half lie, half truth!
The max is $1.25M not $1.7M used in the example.
It's a write-off on taxes owed. If he bought $1.25M in equipment and was in the 40% tax bracket, he would get to write off $500k of it. So it's much more complicated.
@crypto_bitlord7@bgarlinghouse@chrislarsensf Haven't you XRP holders got it yet? XRP solely exists for @bgarlinghouse and @chrislarsensf to dump on all of you!
SWIFT is going with Linea.
Western Union is going with Solana.
Everyone else will create their own blockchains or go with someone else!