The XRP Investor Thread

I don't know what the SEC can do but I watched most of this David Schwartz speech from 2 years ago about proof of work and he did answer a question I had about Ethereum and ETH transaction fees.
[link to www.youtube.com (secure)]

I agree we're only seeing the surface but there seem to be huge shifts in the narratives happening everywhere not just in crypto.

All I know is this market crash isn't really bumming me out because I feel like we've been waiting for it for so long and we've been told it needs to happen first.

I guess I buy that "phoenix from the ashes stuff", XRP for sure but the whole financial system - the legacy financial system has been on life support since 2008 and probably long before that.

If they don't do a controlled demolition then the way it unwinds would be really dangerous. They'll take it down their way and put the new system in.

A lot of people think the new system is going to be total control, social credit system, dystopian, it is a possibility but I have a feeling they aren't going to get what they want.

The new narrative is "everything is falling apart, all the systems are imploding" people are losing faith in what used to be authorities on a pedestal.

Especially young people, are they going to stay docile forever? How can they believe one scrap of the trash they're being force fed.

so xRP may not be the 'reserve currency' but an incredibly fast, almost free settlement system is needed for global transactions

:D

yes you've got that right! That is why they run up the debts, print trillions & do not seem to care at all one bit! Making themselves richer, then crash the system and put in the new one

so xRP may not be the 'reserve currency' but an incredibly fast, almost free settlement system is needed for global transactions

:D

Is it possible to convert xrp to a stablecoin?

I know you see it W! I love your optimism. There is much reason to for it. Eth, maybe Tether, Ethereum fan boys seem to believe the SEC will target Eth Foundation next. I don't even think they have jurisdiction. But anyi-trust is another matter.
I want us to win and win BIG.

test..hm mr pxxl tweets are now banned here

fyi I've lost 30% crypto portfolio...anyone else?

my portfolio has only increased...since i have not sold anything i have not lost a dime...only gained future riches at the expense of fearful lemmings running off cliffs of doom..

If the exchanges de-listed XRP, they could de-list ETH couldn't they? They could de-list BTC?

Could they say they're de-listing Proof of Work tokens to save the world because climate change?

It sounds so weak and lame but I suppose they could if they wanted to.

Foreign exchanges could be strong-armed I suppose? Blackmailed over Tether?

And what the hell is going to happen with Tether, isn't that the biggest ticking bomb in the space?

I don't know what the SEC can do but I watched most of this David Schwartz speech from 2 years ago about proof of work and he did answer a question I had about Ethereum and ETH transaction fees.

[link to www.youtube.com (secure)]

I was wondering if the price or value of ETH was set really low, then the fees wouldn't matter. But then no one would have incentive to mine (be validators on the blockchain.)

He explained a lot about that and about how validators provide security on the blockchain.

The whole situation with ETH, Tether and Bitcoin seems really screwed up. I wish I didn't have any ERC20 tokens as I feel like they are held hostage by the fees and this is not helping my situation. But apparently the network fees don't affect the actual use case utility for most of the ERC20 tokens? I don't even know the answer to that, I don't know much.

I do not believe in ETH. These are just grains of salt.

ETH 2.0 is on the horizon. ( ~ June 2022 )

PoW > PoS

Original recipe Ethereum and ERC-20 tokens will be integrated into the new system with ease. Nothing required on behalf of users.

Flare better pull their finger out before they become obsolete. Nothing wrong with a little competition though.

However, Flare is using the EVM... (Ethereum Virtual Machine)

What coins are you holding?

The whole market took a dump. Looking at the charts a lot of coins followed the same pattern...

Some have had a slight turn around though as of now.

This thread is cancer

i have not sold a single coin thus i have not incurred a loss. these market moves mean nothing to me before we have legal clarity. the change in pricing doesnt effect my wealth nor my spending abilities thus they are a moot point....it means nothing until i decide to cash out...people think they have lost something when as long as they hold on to the asset they have lost nothing...clarity is the win here not the market manipulations... i am going to the moon or i am going to hell but not today ..no..not today...