XRP & the Rise of Barter | Armstrong Economics

xrp-&-the-rise-of-barter-|-armstrong-economics

22-02-21 04:02:00,

QUESTION: Martin,

I wonder if you can comment on the potential of the swift system being replaced by Ripple lab’s XRP as a bridging currency between currency pairs making use of their patented “On-Demand Liquidity” system. If this is the case then it would appear the USD is set to be replaced as the world reserve currency commodities being priced in local currency.

The IMF has stated they want to renegotiate the Bretton Woods agreement. Mark Carney the Governor of the Bank of England said at the 2019 Jackson hole meeting that the USD is too dominant and proposed it be replaced by a green cryptocurrency such as XRP.

The world economic Forum is touting Ripple lab’s platform as the future.

Without going full conspiracy theory in this. It would seem plausible that something like this is in the offing

The SEC lawsuit against Ripple seems a little sinister given that the DOJ  already found XRP to be a digital asset, not a security, and has the potential to push Ripple offshore to a more friendly jurisdiction. Which the globalists would love.

I’m rambling, I’m sorry, however, could you speak on the swift system and potential replacement and any other topic I’ve touched on if you have the time or inclination even to dismiss.

Thanks, Martin you were born to live through this moment.

Kind regards

TL

ANSWER: XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds. The reason these people are pushing this is not about the dollar, it is to end paper money. They are forced to realize that Keyensian economics failed as the solution to 6 years of quantitative easing unable to stimulate the economy. They concluded it was not the theory, but for us – as always!. As people hoarded their cash instead of spending, they caused the velocity of money to decline. Hence, they need to end paper money to prevent hoarding but to do so, they need an instant clearing of digital currency. Make no mistake about it, XRP will also terminate all private cryptocurrency.

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