Gold never truly rose.
It was the dollar that fell.
And if the dollar measures purchasing power — not real value —
then what truly declined is the value of human effort.
The monetary system severed money from labor,
leaving man producing more, yet owning less.
By design?
@29Punta@ChartNerdTA 2:
even after providing them with millions of dollars of foolish investors' money as incentives—like the MoneyGram case, where they even loaned XRP for free. The largest part of RLUSD is on Ethereum, not XRPL."
@29Punta@ChartNerdTA 1:
I did not say it was recently added. I think you are really hallucinating. No one uses XRP as a bridge asset to exchange value. Ripple launched RLUSD because it has not yet been able to convince institutions to use XRP,
@Coins_Kid 20 billion tokens have now entered circulation. XRP would need more than $220 billion in additional market capitalization just to return to its all-time high.
@circle@jerallaire Banks are finally arriving. History suggests they prefer issuing their own dollars rather than paying someone else to do it. MoneyGram already showed how that story can unfold. 😄
@RippleXDev@Ripple@JoelKatz Repo markets will never run on a public network. Canton processes $300B+ in daily repo volume, and the DTCC chose Stellar. Pointing to an XRP address while talking about the XRPL doesn't make the argument any stronger.
@RippleXDev@Ripple@JoelKatz "He says XRP needs to be higher to work efficiently.
Ripple unlocks 1 billion XRP every month.
ODL moves pocket change, not trillions.
He dumped his bags. Ripple prints supply into a market with no real demand.
Pick your liar