XRP good? Gold also Good?
US $ becomes largely a measurement Unit of value?
Bye-Bye forever in North America to #BIS #CBDC plan?
Stepping back, looking at the big picture, USA Debt/GDP Ratio scared off US Treasury Buyers of 5 Yr Bond paper last week, no buyers.
WHAT TO DO? Jack the Price of Gold to Create more US $ to then via Stable Coins float the private XRP Network
Make FED go bye bye, XRP Private owners replace it for all US transaction in country and cross border.
Problem solved?
The 47th Admin brain trust thinks so... according to latest alt media yammerings here
Tariffs do shrink the import number part of the Debt/GDP calc,
to get that ratio back in line so the US Treasury can sell that 5 yr paper now to squeak past Sept 30th deadline and kick the can down the road again past xmas.
Lots of chatter out there about fiat flows redirected via stable coins to XRP to ramp that price up 500 X... by using the XRP Network to handle in country and cross border transfers,
= XRP market cap valuation will zoom up, the mark cap to be determined by daily volume...
this #XRP front end play to handle both in country consumer and inter country volumes instantly with micro deflationary burn per transaction is way bigger volume wise than MC or Visa volumes combined,
XRP has 100 billion coins each transaction is deflationary with small burn.
The value of those XRP tokens is determined by the demand to use the XRP token for such volume.
No question the XRP system is lightning fast and can handle the volumes.
The private club behind Ripple must be standing in their own drool waiting for this to happen.
Alt media experts are saying such an XRP ballooning with super low per transaction fees to handle daily consumer and cross-border volumes will take over #BTC role of hard store of value and likely decimate #ETH and its crappy low TPS + high gas fee volumes.
That means #EVM plays will start to run over top of the Ripple L1 blockchain and #RLUSD will start to compete with USDT and USDC Its the NYC Club lickin' their chops to light this XRP play up to handle daily consumer volumes retail, services, etc.
The whole legal case #SEC vs XRP/ #Ripple was a ruse to buy time to set up the merchant deals.
Bucees in the US has already signed up for XRP (which is huge) means massive inflation of everything....
US $ just becomes a value marker, that's it. for M1 and M2 which means
the current administration can use to increase the volumes of each by revaluing #gold to print more US digital $ to stuff them through the USD gateways and into XRP to provide the liquidity base needed to handle the huge volumes.
linked to price of gold?
Likely ,when the US Treasury re-values the gold based on what they claim to have..
so they can print 'lots' of gold backed US $ for the XRP liquidity stuffing through these USD stablecoin gateways.
See any FED in the picture? Nope. Another gang is taking over? Nope. Same Gang with shareholder Interest in XRP.
Both system will run a little while in parallel and then the BIG WIND down of the FED will start as XRP Network volume ramps up to huge mega daily transaction volumes paying 'oceans' of micro fees daily to the XRP shareholders.
So are we trading the FED Shareholders for XRP Shareholder control? Yes with one big difference, XRP is not in terms of money supply inflationary but it is divisible and fungible and transparent from an audit perspective, in theory, if the Ripple owners choose to make it so. Also XRP by design is inflation as per transaction a little bit of XRP is burnt, shrinking the overall supply, which has the effective of increasing the price of all XRP tokens still in existence.
No Controlled inflationary algorithms, however owners of other currencies convertible to XRP through stable coins will likely convert their positions to XRP to go for the big ride, driven by mass adoption of of retail and services on main street to use XRP (ie buc-ees).
'Lots' will also mean the gold price jumps to at least US $ 25K/ounce or higher to support such stuffing of the XRP liquidity pool which is needed to handle the the in country and cross border volume of the United States.
but watch out for those vaulting fees increasing as well..., better come up with flat rate faulting services to avoid that pain, non?
That means generally, is this alt media babble about XRP is right, there is Way Bigger upside on XRP (vs. gold) if this alt media current yammering is true.
Looks like another Oklahoma like Land Rush building up for a fiat US $ print and stuff into XRP via USDC and USDT.
This is a deliberate 47th administrative distraction away from gold and silver,
before they do the revaluation of both, no?
Pure money black magic.
Quantum Clear and Present Danger?
Are we all ready to be destroyed by Quantum Intelligence Assisted Cyber attacks showing up in 2029? Likely, another Y2K event coming, for cryptos this time. #NIST binary math encryption stds. don't stand a chance.
Just think what will happen when Quantum Computers are set up as BTC mining rigs. Who will guess the nonce fast most of the time and what will that do to the BTC network?
Same outcome applies for all other the crypto networks.
Om XRP and Gold, Do your own research, start with the link below.. ;)
On 'Quantum Intelligence Assisted Cyber Attack Protection' and 'Quantum Supremacy' arriving in 2029, I am digging. it's urgent WIP.
For Defense against Quantum Computer Assisted Crypto PoW Mining, well that's a tough one. They are expensive to operate, but we are talking about it being used to weaponize/starve out rewards away from miners, actions which could be put in play by big political actors with deep pockets. It might be the end of #PoW Mining as we know it, sooner rather than later.
As normal comments always welcome and will try to respond in between day time work and after hours.
TK over and out.
