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Originally posted by jetrodder:
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if BTC is a store of value, then XRP which was designed by BTC developers to be a better BTC, is also a store of value. The XRPL is an ideal place to tokenise everything from Art to Real estate to Stocks to what ever on. Just think of a significant chunk of the total worlds worth tokenised on the XRPL (some time away yet) underpinning the value of the XRP token. But not only the worlds worth but all the worlds debt! The XRPL is the only blockchain that has an inbuilt DEX and Auto Market Maker Function. XRP is also deflationary. Nothing else comes close. Is crypto going to be used as a way to wipe out world debt.? As crazy as it sounds its been done before, That is, the creation of a second currency. In the 1930's a country broke and in the grip of the depression created a second currency to be used between big business and government for rearmament . Of course I'm talking about Germany. Look up Hjalmar Schacht and John Mayard Keynes Bancor. Nothing is truly new, only that new technology can reinvigorate very old ideas. Anyone who thinks a government, any government ,will allow a currency that they have no control over, is dreaming. Jet
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Lol Keynesian economics is a plague on the world.
