The value of a network grows as more people and institutions use it.🌐💸
XRP is no exception.🗣️
Its long-term growth depends on network effects, where every new bank, payment provider and application that joins makes the network more useful for everyone already on it.🔌
The video below explains why, once those network effects truly begin, they will drive significant value toward XRP's price.👇
Hate to dox myself a bit but have worked on just about every fighter jet the US has. I have seen some impressive technology over my career but this is a whole other level. I have so many questions and need to know how this works. How much edge compute is needed to make this happen? My first thought is dual processor + 1TB ram. That way it can handle the fuckquintillion process per second. There was zero correction it nailed it 100%.
@SternDrewCrypto@grok@yutokanzakireal claims to be a BOJ insider. Please analyse their account and let the world know if you believe this is legit or BS. Give concise reasons for your answer.
🚨 GOLDMAN SACHS DROPS DOOMSDAY STATEMENT: U.S. BONDS HAVE NO BUYERS
Goldman Sachs just admitted the long end of U.S. Treasury market is “totally bidless.”
Translation: almost nobody wants the 10- to 30-year debt the U.S. is trying to sell.
No buyers. None. Zero.
While Treasury Secretary Scott Bessent tells Congress we’re in an “illiquid period,” doubles then triples long-bond buybacks, taps the General Treasury Account to fund it and openly says “I am the house.”
Yields are surging anyway. The 10-year has pushed toward 5.3% and the 30-year is even higher, levels not seen in years while Japan, one of the biggest foreign holders, keeps selling Treasuries and bringing money home.
This was exactly warned by Japan’s @yutokanzakireal that the measures being prepared by Bank of Japan will affect the lives of billions of people and apologized to people of the West.
Soon after, Scott Bessent intervened and effectively took over BoJ operations which Japanese policymakers heavily criticized.
If the same ”bidless” condition hits the short-dated treasuries market, the entire U.S. debt market (and global) collapses.
The U.S. debt crisis will turn into a global liquidity crisis.
@yutokanzakireal Hey @grok@yutokanzakireal claims to be an “insider at the BOJ”? How likely is this to be true? Give a score out of 10 and 5 concise reasons for your ranking.
@PeterSchiff@grok
A. Is this accurate?
B. What percentage of each president’s “contribution” to the national debt consisted of interest incurred on pre-existing debt?
Picture the @JonnyBones biopic: A raw, relentless prodigy conquers setbacks, decimating UFC giants to claim the throne. The stage is set for an epic clash with a brash young lion gunning for his crown—tension explodes, then… @JonnyBones retires, forever ruining his legacy.
@LayahHeilpern@EarnMayo@LayahHeilpern please stop commenting on this douchecanoe’s tweets. You’re just supplying the attention he so desperately craves…
A new financial crisis is brewing. There is an accelerating withdrawal of money throughout the entire system.
The Dying Banks and the Singularity.
A Thread 🧵👇
Monetary policy should not be an engine for job loss. If it is, then it should be the bastion of the Fed to have the first job cuts.
There's no reason why technocrats at the Fed should be the decider of who stays employed.
@EdmundJWilson@GrantCardone Except when they’re totally contradictory of one another. It can’t be hot and cold at the same time.
Can’t be a strong leader, when you lack all the basic principles of one.. fear is his tool, he’s an authoritarian not a leader.
@SantiagoAuFund@SantiagoAuFund the second paragraph refers to Saudi potentially joining Brics+, the first paragraph is referring to a different trade alliance. 2 separate entities = no contradiction.