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ilovesushi

2020 RV

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On 4/20/2020 at 7:32 AM, NEPatriotsFan1 said:

Awesome, GregHi. I personally believe that XRP will be over 10K per coin.... The main reason is that SWIFT is antiquated. Trump has been saying that our systems to transfer money are over 40 years old. He’s talking about Swift and ACH systems. Ripple using XRP can transfer money around the world in 3-10 seconds. The DTCC handles the transactions of 1.6 Quadrillion dollars per year. There are only 100 Billion XRP that will ever be created. Some have been lost forever, but it cannot be mined like BTC etc.  It by it’s nature is a deflationary currency, so it will be an anchor against hyper inflationary digital currencies that govts will create at will. I.e. the digital yuan, digital dollar, digital euro etc.... but XRP will be the solid stabl bridge,... but I believe it will be at a high price so someone selling a lot cannot affect the market price. If you divide 1.6 quadrillion by 100 billion you get $11,600 per coin. 

 

The catch though is that the top 279 wallets hold 40,000,000,000 coins or so. There are only 48 Billion or so in circulation. 50Billion are held in locked escrow accounts through Ripple and I have my suspicions that those 50 Billion are earmarked for the IMF, World Bank, US Treasrury etc. 

 

So the real circulating supply is like 8-10 Billion. When they flip the switch it will be epic. And I wouldn’t be surprised to see BTC and XRP flip in both coin market cap position and price. 

 

Also, one more thing. XRP is KYC and AML Compliant. So the Govts and Banks will sanction this coin ( could include XLM in there as well ) but at the end of the day only KYC coins will be allowed into the new financial system. 

 

I am a registered independent and I lean more libertarian but I said to myself... all these coins that are trying to destroy the system will not be allowed to function inside the system. BTC LTC ZCASH etc. The system is too big to fail. And when it seemingly does fail they already have to new system in place where they control the Chess board! So I figured I might as well get rich off their game and try to figure out how to beat it from within (make sense?) 

 

Anyways... just some of my jumbled up thoughts on a Monday morning before heading off to work. (Still) Thankfully 

 

That is my philosophy too — how to play the game and get rich. 

 

President Trump’s press briefing revealed some hints but it looks like when we open the economy again, there will be a surge. He’s very optimistic like he knows something...well he does have more resources and connections than us. :) And I bet President Trump got lots of dinars!

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9 hours ago, boosterbglee said:

I was a cashier and “reeled” off extras for my favorite customers!!!

 

Gave you a "Thank You" just in case I was one of those lucky ones.  ;)

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2 hours ago, ilovesushi said:

 

That is my philosophy too — how to play the game and get rich. 

 

President Trump’s press briefing revealed some hints but it looks like when we open the economy again, there will be a surge. He’s very optimistic like he knows something...well he does have more resources and connections than us. :) And I bet President Trump got lots of dinars!

 

Uncirculated too :lol: - He palying "Go" while others are playing checkers and chess. 

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On 4/20/2020 at 12:10 PM, Dinarrock said:

Well I sure hope you are correct my friend because if it gets anywhere close to 10K per coin I will be able to retire my great great grandkids that haven’t even been born yet..lol... question is should I buy more so I can retire my great great great grandkids..lol

 

oh and the first round of beers are on me brother!!

 

I’m finally setup, I understand how to buy and store in a secured wallet. I can’t believe how cool and exiting this experience is. It’s like when I got my first dinars. If we hit $10K/coin, we’ll be multimillionaires. I can see how Iraq will use crypto in the revalue process. Blockchain is so secure and easy once everyone is on the same platform. I can also see why many do not invest in these speculative currencies. It’s only for those that are disciplined in their finances to even go this far. I’m learning to diversity so if dinar or crypto doesn’t pan out, I got other investments. Hope we all get this transfer of wealth!

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On 4/20/2020 at 9:27 AM, NEPatriotsFan1 said:

@coorslite21 That video about Black Rock and Ripple was Fire! People need to watch it. Thanks for posting. I haven’t watched a Digital Asset Investor Video in a while. That one was gold. 

 

We are looking at less than a month before we see a switch flipped based on this current financial crisis. We will see. 

 

Thanks again, 

Have a great week 

 

On 4/20/2020 at 10:28 AM, coorslite21 said:

 

You should find this one as a another piece to this puzzle of change.......The IMF forgiving debt?....and lots of it?.....are they wiping the slate clean?......it's all connected?......

Stay healthy!

CL

 

IMF, World Bank cancel debt of dozens of countries in COVID-19 fight

 

Paul Allen

Apr 15, 2020 - 2:05 min read

The International Monetary Fund and the World Bank have announced an extraordinary debt cancellation to combat the novel coronavirus (COVID-19).

IMF-pic-2-1024x640.jpg

The global bodies, in its spring 2020 virtual meeting today, April 15, said it will cancel all debts owed to them by countries that were facing a moderate or high risk of debt distress prior to the virus crisis.

Dominica is among the 27 nations which will benefit from the move, having had high risks of external and public debt distress. Other nations which will benefit from the aggressive relief effort are Afghanistan, Cameroon, Ethiopia, Honduras and Sierra Leone.

The measure was done in tandem with the G20, to ensure that vulnerable countries are free to direct all public revenues at their disposal to stop the spread of this diseases and mitigate the financial crisis, said the IMF’s Executive Board.

The-World-Bank-1.jpg (Photo: WIC News)

It is hoped that the step will help mitigate disruptions to the supply chains of essential commodities for consumption in the developed world, which is imperative to the timely delivery of medical supplies and medicines critical in the pandemic fight.

A statement by the IMF said, “As the world’s leading finance institution it is vital that we step in to guide the invisible hand of the global market in the right direction.

“We are humbled by this economic crisis and the role that we have played in precipitating such a scenario. For years, the entire international financial system, created from our Bretton Woods charter, has set countries up for the adoption of free market ideals. By providing loans across the globe, we have helped countries spread their goods and in turn strengthen the bonds and livelihoods of everyday people,” it said.

IMF-1024x765.jpg The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC on July 5, 2015. (Photo credit should read MANDEL NGAN/AFP/Getty Images)

In addition to the 27 nations facing debt distress that will benefit, the IMF said all 76 of the World Bank’s International Development Association (IDA) countries will receive full debt cancellation.

“All developing countries categorised either as Middle Income Countries or Low Income Countries who face high debt vulnerabilities will see a full cancellation of debt. In total, this new process will apply to 111 countries. These countries will receive full cancellation of all debts as they wrestle with the COVID-19 Pandemic.”

Confirmed cases of the COVID-19 virus have topped two million globally with casualties surpassing 128,000 and the economic impact pushing the world towards the worst recession since the Great Depression.

 

I jumped in on Ripple as well. Let's see where this goes.  :twothumbs:

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On 4/29/2020 at 11:07 AM, ChuckFinley said:

 

 

I jumped in on Ripple as well. Let's see where this goes.  :twothumbs:

 

I also got some Stellar XLM. When Coinbase has VET, I’ll buy that too. 

 

I’m also looking at other investment opportunities and this video has to be one of my favorites. 

 

https://m.youtube.com/watch?v=iGh_zhbuJCA&feature=youtu.be

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7 minutes ago, ilovesushi said:

 

I also got some Stellar XLM. When Coinbase has VET, I’ll buy that too. 

 

I’m also looking at other investment opportunities and this video has to be one of my favorites. 

 

https://m.youtube.com/watch?v=iGh_zhbuJCA&feature=youtu.be

 

Thanks ilovesushi - always looking for opportunities.  :twothumbs:

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I still have that feeling of massive wealth coming. I’ve had so many financial blessings already. The more I research a global reset, the more probable an RV could happen this year because of the pandemic. Gold and silver are climbing. Stocks are climbing. More people getting into the Cryptocurrency game. The RV is just around the corner. The global financial reset is unfolding.

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