@Vivek4real_ We aren’t exactly coming out of planet wide lockdowns though. Stay at home orders. Global unemployment.. now that’s doom that’s bearish sentiment right there. This is.. well not that
@RealSmokeyFoo@Cointelegraph That’s fair I worry about the purpose it now has. If it is for cross border payment as it states then what is rlusd for? Seems the payments will be in rlusd not xrp and as a gas token the fees are virtually nonexistent therefore no utility
@RealSmokeyFoo@Cointelegraph Ripple Labs is the largest systemic seller of XRP onto the open market, managing a programmatic monthly release through its cryptographic escrow system…. I encourage everyone to ask google “who is the largest seller of xrp token onto the open market?”
@0xSweep While Solana has experienced high-profile hacks and significant price declines—most notably losing over $50 billion in market value during its 2022 slide—the 2008 crisis involved trillions of dollars in household wealth, retirement savings, and banking losses. Never trust
How is it different from regular USDC?
-Privacy!
-zero-knowledge proofs keep your tx details shielded
-Can't be frozen!
Great explanation from @JaromirTesar aka Yoda
https://t.co/Y0UJiDPflH