XRP is how the US does a CBDC, while saying there is no CBDC. I honestly don't fully understand what is so surprising about it, because it's been clear from the very beginning that was the product Ripple was selling.
Yes, the Democrats went after it because they lean Statist, while MAGA and the Republicans lean Corporatist. As if that made any difference. It's all part of the same spectrum, just different ratios of the two ingredients.
That's the trick with which they fool you all the time.
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That said, I don't really know if it's "XRP" specifically. They already have Circle and Tether. They simply need to add more advanced programmability functions to them, or maybe no need to bother at all with any of that and let the system be as it is now - the government blows a whistle and they simply freeze your funds. MAGA may be content with that. Democrats may demand more when they get the power back.
None of these details are relevant long term, only that non-CBDC CBDCs are possible and they're going to give it a shot with XRP and Circle to begin with.
Just as
@Whitney Webb said so many times …
It's been obvious and explicit from the very beginning.
I’m so dumb I didn’t realize it until I listened to a few podcast episodes with Whitney. Highly recommend to anyone who is still unsure of what you’re saying.
Not necessarily dumb, probably just never really looked into XRP. I came across it before the SEC case, as part of my learning about crypto, and really all it takes is listening to what they're saying and selling. It's not like they're hiding or anything.
I've traded this shitcoin for years, and this has been clear for a long time. The xrp ledger was and is used to pilot cbdc programs all over the world.
The CBDCs have been here for a while now. They have just been trying to figure out how to integrate them, and Trump may just be the guy who helps them do it.
People don't like to hear it. Webb has been attacked pretty hard, even by Bitcoiners, because the possibility that she is right is a lot to reconcile.
I’ll say though, I think I understand where they come from - a lot of her messaging feels defeatist and does not offer any actionable solutions. Sorry but that’s how it comes across. The same with a few other people on here who seem to be shouting at Bitcoiners but don’t actually say what we can do about it. We do what we can by building. It’s what worked in the first place and really the only choice we have. I’m not connected and can’t pull any strings anywhere politically so I stick to what I know.
I don't think she has to be providing solutions just because she may be exposing a greater plan at work. It seems like people are conflating harsh realities with doom and gloom.
I can see it from the other perspective, and people should challenge everything they hear in a healthy discussion so we can filter out the bs. We have every right to question her as long as it's done in good faith. She is one of us as far as I'm concerned.
Building the world we want to see is absolutely one of the solutions, if not THE solution.
Politicians lie, it's they job as they take orders from the rich and talk to the poor. #CBDC's are still a few years away. In the meantime they are boosting stablecoins. Once they sort out the blockchain they will use, they will add the #stablecoin on top. Seems counteractive, but they can't pull the rug yet.
