Lawyer, business owner, interested in everything and always learning as much as I can everyday. On XRP - conceiving the magnitude through utility and adoption.
@Cointelegraph So here is how something that has no borders, country, or owner can be indirectly regulated. No bank involvement = no conversion to fiat currency. This will completely untether cryptocurrency into its own separate independent economies. Interesting to watch this develop.
XRP’s role is simple. It is the neutral bridge asset that lets value jump from one silo to another in seconds instead of days, without banks having to park money all over the world in dormant accounts.
A payment can move from dollars to XRP to pesos in one short path, settle at the ledger level, and the XRP is only held for a few seconds so volatility barely matters. That turns cross border settlement into something that behaves more like sending an email than wiring money through a chain of intermediaries that each take a cut and add delay.
This actually boosts Bitcoin instead of competing with it. Bitcoin can stay the hard asset and long term store of value, while XRP quietly handles the quick foreign exchange hop between BTC, fiat and various stablecoins. In practice you can have flows like BTC into XRP into local currency or a local stablecoin, with XRP providing the instant liquidity in the middle so the ends never have to touch the legacy rails.
That makes it easier to move in and out of Bitcoin across jurisdictions, deepens liquidity around BTC pairs, and lets Bitcoin keep its role as the asset you want to hold while XRP does the plumbing work underneath.
XRP’s job is to be the neutral grease between islands of money that can’t talk to each other—banks, remittance shops, stablecoins, even Bitcoin rails.
Instead of wiring USD to MXN through three correspondent banks and parked nostro accounts, you go USD → XRP → MXN in a few seconds, then back out to local fiat with almost no spread or delay.
Sources
[1] IMG_6788.jpeg https://t.co/lDrcb0EjnE
NO ROOM AT THE INN!
@HiltonHotels has launched a coordinated campaign in Minneapolis to REFUSE service to DHS law enforcement.
When officers attempted to book rooms using official government emails and rates, Hilton Hotels maliciously CANCELLED their reservations.
This is UNACCEPTABLE. Why is Hilton Hotels siding with murderers and rapists to deliberately undermine and impede DHS law enforcement from their mission to enforce our nation’s immigration laws?
World renowned economist Katherine, Austin Fitts exposes how U.S. taxpayers have been defrauded by our federal government to the tune of at least $21 trillion dollars.
Nowhere in the Bitcoin whitepaper does it mention BTC being a store of value, an inflation hedge, recession proof, digital gold, a geopolitical hedge, or a retirement asset.
These narratives were 100% invented by maxis to push the scheme on more naive retail sheep, because the entire system depends on constant inflows to keep the price propped up so early holders can extract more fiat.
Satoshi explicitly described Bitcoin as a peer-to-peer system for online payments. That was almost 2 decades ago. Today it is slow, obsolete, expensive to use, and practically irrelevant in real commerce.
So yes, when I say Bitcoin has no intrinsic value and functions purely as a speculative gambling instrument, that is a fact, not an opinion.