How The Banks Will Control Bitcoin: Lighting Network

"Do you know what people are buying Ripple with?

USD? No. ETH and BTC.

Do you know who holds most of the ripple in this world? Who's selling it? Banks.

What we're witnessing is the reversing of the massive wealth transfer.

The banks KNOW that they can't kill ETH and BTC, now they need to get as much of it as possible. They don't want to pay full price.

Their plan?
Develop XRP, hold most of it…artificially manipulate the price by bidding it up, $2, $3…
When retards think it will keep going $4, $5... they are trading precious LIMITED decentralised Ethereum and BTC…for a ****coin that can be printed on a whim.

In the end the banks will win. They will end up holding most of the Ethereum and BTC and you will end up holding most of the XRP..

And that's when Macafee's prophecy will occur. BTC will head to 1M, ETH to $500k per coin... and you'll be holding Ripple, basically pegged to the USD valued from $0.5 to $1.50 per coin."
 
Skywalker42 said:
"Do you know what people are buying Ripple with?

USD? No. ETH and BTC.

Do you know who holds most of the ripple in this world? Who's selling it? Banks.

What we're witnessing is the reversing of the massive wealth transfer.

The banks KNOW that they can't kill ETH and BTC, now they need to get as much of it as possible. They don't want to pay full price.

Their plan?
Develop XRP, hold most of it…artificially manipulate the price by bidding it up, $2, $3…
When retards think it will keep going $4, $5... they are trading precious LIMITED decentralised Ethereum and BTC…for a ****coin that can be printed on a whim.

In the end the banks will win. They will end up holding most of the Ethereum and BTC and you will end up holding most of the XRP.
Click to expand...
No. At least not with Ripple.

You are confusing the Ripple payment protocol and the token. They are two different things.

Banks are increasingly looking into RTXP, the Ripple Transaction Protocol. It's currency agnostic, managed through a consensus common distributed ledger on independent validating servers. It's implemented through a remittance network and offers speedier, cheaper and more versatile transactions than current systems like SWIFT. It's called "ripple" because it allows transfers through a chain of parties who only need explicit trust contracts with one other, thereby allowing a transaction to "ripple" between two parties who have no direct trust certs but via a series of trusted pairs.

The XRP token people are buying on crypto exchanges is something quite separate and distinct. Member banks using RTXP don't have to use XRP in any way (other than a 20 Ripple deposit that gets consumed, mainly to prevent transaction spamming).
 
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1:49 Where we are going, there is no banks...

[video=youtube;SJgWqbZBn6I]https://www.youtube.com/watch?v=SJgWqbZBn6I[/video]

Just microchip implants.
 
Arthur said:
Plural nouns take plural verbs.

Banks are here to stay. You just need to update your definition.
Click to expand...

Don't be a fart, watch the vid, I was quoting Verbatim. The guy isn't an English speaker, give him a break ;)
My definition is perfectly fine, the video is someone else's opinon.
 
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