@bgarlinghouse@Gemini Average Mastercard World Elite card holder spends ~$2000-2500/mo. Across all categories this averages out to $39-44/mo in XRP distribution rewards.
Just 10k XRP cardholders could increase monthly inflows by $83M/mo + XRP scarcity based on a market cap multiplier of 212x
@Wonderland_fi While 1 bar of gold remains 1 bar of gold. the Value of that bar of gold changes based on the spending power of the dollar. In Wonderland, 1 $wMemo = 1 $wMemo and the value of 1 $wMemo is based on the price of the “stablecoin/currency” that is the $Time token. 2/2
@Wonderland_fi Got it so $wMemo has an inverse relationship with $Time. As the $MEMO rebases dilute the value of $Time token, the value of $wMemo rises simultaneously as a result of the rebases. $Time inflates just like the USD. $wMemo is the asset like Gold. 1/2
The main thing that the mass public doesn’t understand about #crypto is that it exposes #inflation in fiat currencies #worldwide. They say “Bitcoin will never hit a million dollars”. It will. The catch: due to hyperinflation, 1 million will have the same value as $50-100k today.
What most people dont understand about fiat vs bitcoin—the more money printed, higher debt ceilings etc. AROUND THE WORLD that happen, the HIGHER the price will go. It is exposure of corrupt economic policy worldwide
No conspiracy theory. If you understand that the US dollar & economy is the biggest ponzi then you would buy gold for stability & crypto for growth
Government kicking the can down the road. We’ll see more inflation. $6 gallon gas. $4 bread. Disappearance of the middle class shortly. When the rate hikes come we will see. What happens when the US defaults? #inflation#economy#Biden
Current Index(CI) is the equivalent to the years in the real world. Here’s an analogy: In 1970 50k/yr salary was considered rich. In 2021 not so much. In wonderland rebases are salary from staking, as the CI goes on, you’ll need larger rebases to beat inflation