Stocks are dumping.
Gold is dumping.
Silver is dumping.
Crypto is dumping.
Bonds are dumping.
Even Oil is dumping.
If everything is dumping, where the hell is money going?
โผ๏ธJUST IN: RIPPLE PARTNER THUNES ANNOUNCES LAUNCH OF REAL TIME PAYMENTS IN THE US WITH TIER 1 BANK CONNECTIVITY โผ๏ธ
Today, global payments provider Thunes announced the expansion of its real time payment service into the United States. ๐ค
This expansion became possible through a direct connection to a Tier 1 financial institution.๐ฆ
Ripple maintains a strategic partnership with Thunes.๐๐จ
This gives XRP another clear path for use by Tier 1 banks in the U.S.โ๏ธ
Thunes also holds money transmitter licenses in all 50 states. ๐บ๐ธ
Just like Ripple.โ
These licenses allow both companies to establish direct institutional grade connections to local clearing systems.๐
The Ripple partnership with Thunes grants XRP direct access to a massive global network.๐ฏ
Spanning 140 countries and more than 90 currencies.
Reaching billions of mobile wallets.
This is a major step to scale XRPโs use globally.๐
Documented.๐๐
Thanks @ndaxio for canceling my limit order once price target was reached, I only had it locked in for over three months. Centralized exchanges are garbage and can never be trusted.
No matter what happens, we are confident the Iran war will be a major tailwind for gold.
Here is an overview of how we see the conflict unfolding and its major financial implications.
1. The Strait of Hormuz is the worldโs most important energy corridor.
2. Iran now has undisputed control over Hormuz.
3. Stripping Iran of that control would require a successful full-scale ground invasion of Iran, a country roughly 40 times the size of Switzerland.
4. A full-scale ground invasion is unlikely to happen, and even if it somehow does, it is unlikely to succeed.
5. Iran is therefore likely to retain control over Hormuz.
6. The US is likely to suffer a historic strategic defeat, no matter how it tries to spin it.
7. The US was already on the verge of a debt crisis before the Iran war.
8. The direct and indirect effects of the Iran war are likely to worsen that debt crisis.
9. The US government will likely debase the currency in an attempt to deal with its worsening debt problems.
10. The US dollarโs status as the worldโs reserve currency is likely to be lost amid a debt crisis, rising inflation, and a major geopolitical defeat.
11. As a hard-money alternative to the dollar, gold is likely to be a primary beneficiary.
Can you imagine how innumerate we could be if personal finance was opart of the education industrial complex
Look at school budgets. Keep the youth ignorant, even that is better than misinformed
The Clarity Act is the single most important catalyst for the crypto asset space.๐ฏ
What is taking place in this room is historic for the entire asset class.๐
The rules of the road are being established.๐
Trillions of dollars patiently waiting on the sidelines are watching this moment unfold.๐ฐ
Utility tokens will finally rise to dominance as a result of regulatory clarity.โ๏ธ
This is the moment holders of infrastructure protocol tokens have been waiting years for.๐
And I feel nothing but honor and privilege watching all of this unfold in real time.
The financial system doesnโt change because prices move.
The system changes when rules are written to allow new technology to be introduced.๐
#InsideTheRoom๐จ
CLARITY is closer than ever.
The bill is strong. It will benefit the American people by making the US financial system faster, cheaper and more accessible. It will also ensure that the US leads in the global race to build the next generation of our financial system.
Huge thank you to the Senate, their staff, and 3.7m @standwithcrypto advocates for helping to get this legislation to where it is today.
Mark it up.