Kevin Allen

Carpenter; Conservative; Husband; Father

[Kevin Allen @Kevin_M_Allen]

@JohnDParody Clarity needs to get passed, banks are ready

[Kevin Allen @Kevin_M_Allen]

@SMQKEDQG Will clarity ever pass though. Democrats hate when average Americans can make money.

[Kevin Allen @Kevin_M_Allen]

@VincentSco72192 Never mind…just saw the comment

[Kevin Allen @Kevin_M_Allen]

@VincentSco72192 What is ASMR?

[Kevin Allen @Kevin_M_Allen]

@gfkw47 @viking_queen_23 @MAGAVoice @RupertLowe10 @RestoreBritain Like I said…if they had anything on Trump, the media and deep state CIA and FBI would have exposed it. They have tried to make up several stories about him raping woman all which have been proven false.

[Kevin Allen @Kevin_M_Allen]

@gfkw47 @viking_queen_23 @MAGAVoice @RupertLowe10 @RestoreBritain Yeah, if they had anything on Trump it would be in the news 24/7. But you know they don’t have anything. Maybe you should check on Prince Andrew.

[Kevin Allen @Kevin_M_Allen]

@JohnDParody The gym.

[Stellar Rippler🚀 @Stellar_Rippler]

🚨🤯 Clarity Act Will Make Ripple and XRPL The Legal Replacement For SWIFT

The Clarity Act’s Section 401 amends U.S. banking statutes to explicitly authorize financial institutions to custody, clear, settle, and transact on permissionless ledgers like the XRPL, removing existing OCC/Fed regulatory ambiguity and prudential barriers that currently render such activities impermissible.

Thereby enabling compliant on-balance-sheet adoption as a SWIFT alternative.

60% of SWIFT banks have ALREADY partnered with Ripple
Now add Ripple Treasury being connected to 13,000+ banks.

Once the Clarity Act passes, banks can legally choose an alternative to SWIFT, these giants deploy trillions in payments on XRPL.

The coming future is going to be biblical for XRP😳

[Kevin Allen @Kevin_M_Allen]

@Jenny_Solstice Why do you post how much XRP you have? Seems like you’re bragging

[Kevin Allen @Kevin_M_Allen]

@ClaireFosterPHD Probably 4 of the dumbest most racist women you can find.

[Kevin Allen @Kevin_M_Allen]

@GavinNewsom You’re right, the election voting system in California is rigged. That’s how democrats always win.

[Kevin Allen @Kevin_M_Allen]

@SenWarren Take a break from the lectures Pocohontas. You became wealthy from the insider trading and kickbacks from corporate interests once you got on Congress. Enough already!

[Kevin Allen @Kevin_M_Allen]

Just like the Covid vaccines…run far from these

[Kevin Allen @Kevin_M_Allen]

@iamchrissie07 @CryptoTice_ Unless they have been running in parallel for the last decade. I will be willing to bet major financial institutions have adopted this years ago. Running in sync/parallel with the current financial system.

[Kevin Allen @Kevin_M_Allen]

@VincentSco72192 Yeah, watched this on 60 minutes last night. It’s hard to stomach too much of Leslie Stahl. She’s very cringy. Yeah obviously there will be a crash. The only thing he didn’t tell you was that in 1929, that was orchestrated as well.

[Kevin Allen @Kevin_M_Allen]

@doqholliday Could he be talking about Energy and Financial systems?

[Kevin Allen @Kevin_M_Allen]

@OG_DrC Gold is a store of value. Not very beneficial though for going to the local retailer to try to buy something. Tokenized assets solve the liquidity problem. Tokenized assets open up possibilities tha never existed before and changes the playing field.

[Kevin Allen @Kevin_M_Allen]

Fractional reserve explained

[Citizens for Sound Money @4SoundMoney]

How does $1,000 in the bank become $10,000 in the economy?

1. You deposit $1,000.
2. The bank keeps $100 in your account for reserves (10% reserve).
3. The bank "creates" $900 out of thin air via a book entry called "Bank Credit" giving you an IOU, and loans out your $900 to someone else.
4. Now there is $1,900 in circulation out of the initial $1,000 deposit.
5. That person receives your $900 from the bank as a loan, then they deposit those funds into their account.
6. The bank keeps $90 in their account for reserves (10% reserve).
7. The bank "creates" $810 out of thin air via a book entry called "Bank Credit" giving them an IOU, and loans out your $810 to someone else.
8. Now there is $2,710 in circulation from your initial $1,000 deposit.
9. The cycle repeats until your $1k supports $10k in "currency." 

95-98% of all U.S. Dollars in circulation are created by bank credit.

It’s an inverted pyramid of debt. If even a small percentage of depositors ask for their dollars back, the pyramid collapses instantly.

[Kevin Allen @Kevin_M_Allen]

Only from the creator!

[DOQ @doqholliday]

Everything has meaning.

#DoqTok

[Kevin Allen @Kevin_M_Allen]

@doqholliday Just put the damn volleyball up! Enough with the riddles.