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Showing results for tags 'stablecoins'.
I read this tweet. Will it make XRP useless ?
This is, by far, the best article I've read detailing why the Fed repo is occurring, what this all means, and the massive problem that XRP & ODL is poised to solve. http://www.deepthroatipo.com/repo-acalypse-now/ Below are a few snippets from the article, but I highly recommend taking the time to read it all. Most importantly, again for emphasis, the Global USD increase over the last two years was primarily attributable to domiciles outside the United States (88%), with only 12% of the USD increase attributable to US Cross-Border Bank Liabilities/Deposits. In other words,
Blog URL: https://xrpcommunity.blog/we-must-lead-crypto-out-of-the-dark-ages/ The cryptomarket must leave environmentally-destructive tech behind to grasp its future; this and all the latest market news about XRP in today's blog! 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Will the government shutdown delay the introduction of the Token Taxonomy Act in the U.S.? One source says Valentines Day might hold the answer. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Brad Garlinghouse participates in a memorable panel discussion at the Davos World Economic Forum; Tsinghua University Institute for Fintech Research is added to the list of U
Very interesting piece on why Stablecoins are not a good solution: https://www.theguardian.com/technology/2018/sep/11/stable-coins-bitcoin-cryptocurrencies-tether?CMP=twt_a-technology_b-gdntech While the mania for cryptocurrencies may have peaked, new units continue to be announced, seemingly by the day. Prominent among the new arrivals are so-called “stable coins.” Bearing names such as Tether, Basis, and Sagacoin, their value is rigidly tied to the dollar, the euro, or a basket of national currencies. It’s easy to see the appeal of these units. Viable monies provide a reliable mean