@wideopentruth I understand VELO rails will start carrying and absorbing the value of those big USD transaction inside DTCC, therefore it should reflect in the rise of VELO price, is not it?
@wideopentruth so it looks like xrp and xlm will have a much smaller value than predicted...perhaps in the one of double digit? re DTCC, if DTCC issue inside Stellar, the main beneficiary of all this is Stellar itself and not crypto will be involved so we all are out of this equation?
@wideopentruth I see xrp is not what they tell us it is, and I started to realise about it. What is your opinion about xlm? is this a different animal? has it got more possibilities or capabilities than xrp to suceed?
@wideopentruth@yutokanzakireal Great post! you mention "Second is by throwing #VELO tokens in as collateral that trusted partners hold in reserves and earn yield via staking". What % yield are we talking about? 3%, 5%, 10%?
@wideopentruth Kraken is negotiating with the government of Lithuania to get a banking licence,so they can operate in Europe, like Revolut did in Lithuania in 2018. Kraken also holds a crypto banking licence in the state of Wyoming, USA. Things could evolve that way for few selected Exchanges
@wideopentruth unless...these crypto exchanges become digital banks?? when they get a banking licence? similar to Revolut. I believe a few very powerful ones like Binance, Kraken and Coinbase could become digital banks (currently exchanges)
@jjohnnyvigo@laquefaltaba10 Exacto! Y esos 800c los ha generado/prendido alguien con alguna tecnologia muy alta o simplemente enviando a 10-20 demonios pagados a quemar el monte...es terrorismo de estado contra la poblacion. Todo esta saliendo a la luz...
@GuajeSalvaje Cambio climatico...estamos locos o que! 30, 40, 50 o 60c grados en la atmosfera no prende los bosques, la hierba y troncos-madera prenden a 300c y 500c!! la Temperatura de un fuego pequeno es de 600c y un gran incendio es de 1600c! blanco y en botella...terrorismo de estado!
@wideopentruth Are we getting now very close to the RESET of our financial system worldwide? and probably the reset of our society in general? the way we live our lives. I want to believe it will be a better world than what we have now
@_d_r_hoinowski Thanks. Kraken will have the power to be part of those LPs and they may decide to buy its clients' VELOs, however they may also offer the option of a "partnership" to VELO holders (avoiding costly purchases at high VELO prices) charging a commission for LP service and management
@wideopentruth@ivanshopov9103@zee712345 The only utility VELO will have is to provide liquidity in a closed loop network of trusted partners, like exchanges, banks, etc. Exchanges like Kraken, if a client holds the tokens with them, Kraken could offer to add his tokens to a LP and the client would benefit from it?
@wideopentruth Hi. You mention VELO token utility will be used as liquidity bridge. Does this means VELO tokens will absorb the fiat value of any transaction done in its rails? and this will finally show its real price?
@wideopentruth@KeepitHolden Hi Wide Open Truth. I follow you and find your work incredible. I have a question. If Velo is used as a liquidity token in a potential 4.7 Quadrillion DTCC payment settlement market or volume, could this the catalyst that will send Velo's price to the moon?