Jump to content

Search the Community

Showing results for tags 'hyper'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • XRP
    • Please Read Before Posting
    • Press
    • General Discussion
    • Technical Discussion
    • Codius and Smart Contracts
    • Marketplace
    • Problem Solving
  • Interledger Protocol
    • Interledger Protocol Discussion
  • Other Technology
    • Alt-Coins and General Fintech
  • More
    • Fan Submissions
    • Off-Topic
    • Meta
    • Languages
  • Canadian Zerpers's Topics
  • Vegemite Ripplers's Topics
  • 2 the Moon! For Real. The Club's Topics
  • NY Zerpers - aka bitlicense island's Topics
  • Brackish Waters Club's Topics
  • Trading Places's Topics
  • Anti-Club Club's Topics
  • The Irish Brigade's Topics
  • Saloon's Request
  • XRP Trading And Price Speculation's Topics
  • The Crypto Buffett's Topics
  • Alt-Coin Trading And Price Speculation's Topics
  • Super serious Ripple club's Topics
  • Making Millions!'s Topics
  • Ripple - India's Topics
  • SWELL's Topics
  • Gospel Hour's Topics
  • Korean XRP Holders's Topics
  • Strayans lovin your work XRP!!!'s Topics
  • Technical Analysis (TA) Area's Topics
  • BTC diving deep club's Topics
  • Ripple Enamel Pin Club's Topics
  • XRP Wave Surfers's Topics
  • FUDster's retreat's Topics
  • Cooking with Snoopy's Topics
  • How it's all going to happen..'s Topics
  • Chocolate Fish's Topics
  • The Round Table's Topics
  • UK Hodlers's Topics
  • ˜”*°• Zerpmania •°*”˜'s Topics
  • XRP YouTube Videos's Topics
  • CRY ROOM's Topics
  • Night's Watch's Topics
  • CasinoCoin's Topics
  • XRP Think Tank's Topics
  • Allvor's Topics
  • NightClub's Topics
  • TeXRP's Topics
  • COIL Think Tank's Topics
  • Bob's Book Club's Topics
  • XRP FAQS's XRP Q an A’s

Calendars

  • Ripple Events
  • Vegemite Ripplers's Events
  • NY Zerpers - aka bitlicense island's Events
  • Brackish Waters Club's Events
  • Trading Places's Events
  • Anti-Club Club's Events
  • The Irish Brigade's Events
  • Saloon's Calendar
  • XRP Trading And Price Speculation's Events
  • The Crypto Buffett's Calendar
  • Alt-Coin Trading And Price Speculation's Events
  • Super serious Ripple club's Events
  • Making Millions!'s Events
  • Ripple - India's Events
  • SWELL's Events
  • Gospel Hour's Events
  • Korean XRP Holders's Events
  • Strayans lovin your work XRP!!!'s Events
  • Technical Analysis (TA) Area's Events
  • BTC diving deep club's Events
  • Ripple Enamel Pin Club's Events
  • XRP Wave Surfers's Events
  • FUDster's retreat's Events
  • Cooking with Snoopy's Events
  • Chocolate Fish's Events
  • The Round Table's Events
  • UK Hodlers's Events
  • XRP YouTube Videos's Events
  • CRY ROOM's Events
  • XRP Think Tank's Events
  • Allvor's Events
  • NightClub's Events
  • TeXRP's Events
  • COIL Think Tank's Events
  • Bob's Book Club's Calendar

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Interests


Location


Occupation


Country


Ripple Address


Biography


Location


Interests


Occupation

Found 1 result
Minimum search term is 4 characters long. Can't find what you want? Click here for the custom google search instead.

  1. https://www.washingtonpost.com/news/democracy-post/wp/2018/01/17/in-venezuela-money-has-stopped-working/?utm_term=.a708b4e333e6 I've mentioned historical examples before, but this is the latest. The suffering these people are going through is very real. This is also a great example as to why cryptos are a threat to governments like Venezuela's. Today, the people living there had to watch as their liquid assets, money, became worthless. When they tried to convert that money into hard assets, like food, they created hyperinflation so bad that almost nothing is left. In today's world corrupt governments can effectively steal massive wealth from their own populations by hyperinflation. They could also try to do so by force or taxation. If the people of Venezuela had been able to convert their money to something like XRP every time they got paid, then the hyperinflation by the government would have done nothing as the asset value of the crypto would have just risen with it. It'll get worse before it gets better, but eventually normalcy will come back in Venezuela. When it does, don't be surprised if the population there choses to hold their wealth in some form of crypto instead of the local currency. What would be amazing to find out is whether or not anyone there was able to transfer their wealth into crypto before the hyperinflation.
×
×
  • Create New...