The coming utility bull run is not a pump and dump | |
Anonymous Coward User ID: 80999758 United States 05/25/2022 12:31 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 12:50 PM Report Abusive Post Report Copyright Violation | Let’s take a glimpse of the future. As technology advances over time the need for human labor becomes less of a necessity. The demand for human participation in the work force becomes more refined and innovating technology is leveraged to do the work of old. So what happens? More millionaires and billionaires, even trillionaires need to be created that do not need to work. The easiest way to do this is to create a new asset class and leave bread crumbs for those that are able to figure it out. They have been predictive programming for a very long time about a one world currency But a one world currency is impossible So what’s the next best thing? A bridge asset that bridge’s each nation’s sovereign currency. At Bretton Woods, it was decided that the world reserve currency would be the USD and we would have a correspondent banking model. This means that each bank would have to have a certain amount of USD locked up in nostro/vostro accounts so they can exchange USD into their sovereign currency. This process causes a lot of friction with cross border payments because it takes 3-6 days for a payment to go through and sometimes the payment even gets lost. What is the problem that XRP solves? XRP utilizes a protocol that allows a sovereign currency to make a cross border payment and the XRP coin is like a vehicle that transports a currency to its destination and converts it into the respective sovereign currency. And does this in a matter of 2-3 seconds any where in the world with a very low failure rate. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 12:50 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 01:01 PM Report Abusive Post Report Copyright Violation | There is going to be a two tier society.. The über rich and contrary to popular opinion, it’s not going to be the rich and the poor.. It’s going to be the über rich and the new general population class. Due to UBI, universal basic income, poverty will be eradicated. And you will be compensated for your data. You will be paid to watch ads, to exercise, to play video games etc etc There will be a new renaissance in creativity and creative people because there will be more time for people to do what they love instead of working all day. The family will be restored. Education will be entirely mobile. People will become more transient and home ownership will soon become a thing of the past. This is the underlying meaning of “build back better” The Biden Administration is playing bad cop because the middle class has to be destroyed so the lower class and middle class can merge while they introduce blockchain technology to every industry on Earth. Welcome to the Space Age! |
Atlas Is Shrugging User ID: 23711124 United States 05/25/2022 01:06 PM Report Abusive Post Report Copyright Violation | There is going to be a two tier society.. Quoting: Crypto Monk 80263378 The über rich and contrary to popular opinion, it’s not going to be the rich and the poor.. It’s going to be the über rich and the new general population class. Due to UBI, universal basic income, poverty will be eradicated. And you will be compensated for your data. You will be paid to watch ads, to exercise, to play video games etc etc There will be a new renaissance in creativity and creative people because there will be more time for people to do what they love instead of working all day. The family will be restored. Education will be entirely mobile. People will become more transient and home ownership will soon become a thing of the past. This is the underlying meaning of “build back better” The Biden Administration is playing bad cop because the middle class has to be destroyed so the lower class and middle class can merge while they introduce blockchain technology to every industry on Earth. Welcome to the Space Age! Propaganda |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 01:13 PM Report Abusive Post Report Copyright Violation | There is going to be a two tier society.. Quoting: Crypto Monk 80263378 The über rich and contrary to popular opinion, it’s not going to be the rich and the poor.. It’s going to be the über rich and the new general population class. Due to UBI, universal basic income, poverty will be eradicated. And you will be compensated for your data. You will be paid to watch ads, to exercise, to play video games etc etc There will be a new renaissance in creativity and creative people because there will be more time for people to do what they love instead of working all day. The family will be restored. Education will be entirely mobile. People will become more transient and home ownership will soon become a thing of the past. This is the underlying meaning of “build back better” The Biden Administration is playing bad cop because the middle class has to be destroyed so the lower class and middle class can merge while they introduce blockchain technology to every industry on Earth. Welcome to the Space Age! Propaganda That’s becoming another buzzword that loses it’s original sentiment. Is it a product of eternal pessimism or maybe rudimentary to absent knowledge? Remember the crowd that disparaged the internet and said it was worthless and it would be of no real utility. It’s like deja vu. After all this is web 3.0, the internet of value that is being created. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 01:16 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 01:30 PM Report Abusive Post Report Copyright Violation | Distraction is the name of the game. Until you realize that EVERYTHING is there to distract you. You live in a matrix of distraction! How many of you know that there is a company called Ripple that is being sued by the SEC; which is a microcosm of the People VS a Corrupt Government Wallstreet and the usual suspects tried to wiggle their way into domination and control via corruption and fraud. Bill Hinman was paid 15 million dollars to give Ethereum regulatory clarity and the SEC therefore acknowledged that Ethereum was not a security and in fact was a sufficiently decentralized currency Which sparked the Ethereum bull run. And they totally ignored and tried to suppress the success of XRP. XRP utilizes federated consensus and byzantine agreement protocols whereas Ethereum is POW. Which makes XRP a superior technology. With 24 hours left as SEC Chairman, Jay Clayton filed a lawsuit against Ripple claiming the sale of unregistered securities. They are saying Ethereum is a currency and XRP is a security. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 01:47 PM Report Abusive Post Report Copyright Violation | There is a reason why meaningful financial classes are not taught to lower middle class and lower class individuals and they have you learning about events from hundreds of years ago. Instead of now, where it matters most. Distraction. Instead you will be chasing mostly unrealistic dreams like becoming a professional sports player or a popular musician. And by the time you realize your dream was just a dream you are already a washed up loser that will work your ass of until you die. Or you join the military where you will destroy your health and wellness or even possibly die. You are only here to grease the cogwheels of the machine as long as the wealthy are concerned. And the name of the game is distraction. Make a change for yourself. Only YOU can make a decision to escape bondage and indentured servitude; by using this creation of a new asset class as a tool to do so. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 02:03 PM Report Abusive Post Report Copyright Violation | It even says “it is easier for a camel to enter the eye of a needle than for a rich man to enter heaven” So you are satisfied with your hard life and develop a stockholm syndrome style relationship with your own hardships. And you even use that as leverage for some sort of honorable bragging rights when you are bitter towards the younger generations because through the advancement of technology human life becomes easier and easier. And you want your kids to work just as hard as you because in your mind it is a sign of success. And this entire time while you are in love with back breaking labor for a survivable living standard you are distracted and the wealthy class is reaping all the benefits. This is the true path out if the matrix of distraction. Knowing and understanding is the first step and your life will change forever |
Anonymous Coward User ID: 80882280 United States 05/25/2022 02:13 PM Report Abusive Post Report Copyright Violation | The unregulated market has allowed for all these pump and dump shit coins Quoting: Crypto Monk 80263378 Very reminiscent of the .com era and even internet service providers. There were hundreds of ISPs until the industry was regulated and only a few survived. All these dog coins are a mockery of pets.com Moneygram is going live with XLM in June And SWIFT will be going live with XRP later this year 2020 was the dry run. BTC was the beta net. It went from $3000 in March 2020 to $69,000 in Nov 2021. The pandemic ushered in the need for hands-free transactions Be ready! Failing to plan is planning to fail! So XRP is the future right? |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 02:13 PM Report Abusive Post Report Copyright Violation | People will say “you are siding with the “NWO” And it is evil. That is a product of an information virus. There are people that know about the potential benefits of investing in digital assets before the utility bull run but they still choose not to participate. Do you see how that works? You have to be a little more open minded to understand that civilization does need to progress. And in a philosophical sense we should all agree that it is best to spread human consciousness throughout the solar system and beyond. And we are going to transition from a level 0 type civilization to a level 1 type civilization where we will operate in tandem as a global unit. And technology will play a very important role in assisting us aa we attempt to achieve the impossible. Things never stay the same. There was a lot of mistakes that were made along the way and we have the opportunity to change things for the better. If you choose to be a thorn in the ass of the future you are a product of an information virus. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 02:19 PM Report Abusive Post Report Copyright Violation | The unregulated market has allowed for all these pump and dump shit coins Quoting: Crypto Monk 80263378 Very reminiscent of the .com era and even internet service providers. There were hundreds of ISPs until the industry was regulated and only a few survived. All these dog coins are a mockery of pets.com Moneygram is going live with XLM in June And SWIFT will be going live with XRP later this year 2020 was the dry run. BTC was the beta net. It went from $3000 in March 2020 to $69,000 in Nov 2021. The pandemic ushered in the need for hands-free transactions Be ready! Failing to plan is planning to fail! So XRP is the future right? XRP will be utilized by world governments as a bridge asset that connects sovereign wholesale CBDCs and HPVs (high value payments) XLM is the same but instead of wholesale payments it will be utilized for retail payments. And bank messaging standards will be changed to adopt to ISO 20022 standards and XRP/XLM are the only liquidity protocols used in ISO 20022 which means all CBDCs, wholesale and retail on Earth will have to be tokenized on the XRP/XLM ledgers Short answer: Yes |
Butch DeFeo User ID: 83141632 United States 05/25/2022 02:25 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 02:30 PM Report Abusive Post Report Copyright Violation | I know it’s not your fault that you were born with a 115 IQ but if you think “the big one” is a token that will be utilized for video streaming and not the banking industry than all I can do is stay silent. Because I have no words to say. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 02:55 PM Report Abusive Post Report Copyright Violation | I know that most people will not take advantage of this advice. Either they are too ignorant and a product of the matrix of distraction. As you argue about: Politics Pro life vs pro choice Vax or no vax Russia vs ukraine Religion Supernatural suspicions Studying for your next slave test at your favorite institution Flat earth vs globe earth NASA articles about galaxies billions of light years away Bill of rights theatre Information virus super spreader websites Messiah complex or “Captain Save a ‘hoe” ambitions that don’t matter while wearing 12 bracelets and a manbun spreading your newfound false enlightenment and new age bullshit Vegan vs animal protein Demonstrating or protesting against a completely theatrical event that was created on purpose to bring you out and protest in the first place so the government can make an example out of you 12 hour work days 7 days a week Or you don’t have the capacity to be a visionary Not everyone can be a visionary. |
sunnycal User ID: 2275390 United States 05/25/2022 03:02 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 03:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:11 PM Report Abusive Post Report Copyright Violation | Or they use information viruses like organized religion to be sure that you proactively store in the back of your mind that being poor is honorable. Quoting: Crypto Monk 80263378 It even says “it is easier for a camel to enter the eye of a needle than for a rich man to enter heaven” So you are satisfied with your hard life and develop a stockholm syndrome style relationship with your own hardships. And you even use that as leverage for some sort of honorable bragging rights when you are bitter towards the younger generations because through the advancement of technology human life becomes easier and easier. And you want your kids to work just as hard as you because in your mind it is a sign of success. And this entire time while you are in love with back breaking labor for a survivable living standard you are distracted and the wealthy class is reaping all the benefits. This is the true path out if the matrix of distraction. Knowing and understanding is the first step and your life will change forever yeah but at the same time if you had a shitload of money and you sat on your ass all day and did 0 labor, you would get fat af, unhealthy, and die sooner. i think there has to be balance. and i'm not working out for free lol. i get paid to work out. if i work 3 days a week i can live comfortable af and be fit adn not fat. so yea ill take my life over being a rich useless fuck. but im still gonna be rich one day tho lol just dont wanna be rich young. its about pursuit of happinness. make the journey count. from rags to riches baby. |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:12 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 03:15 PM Report Abusive Post Report Copyright Violation | The best advice is to realize that usually what you hear about finance on the mainstream media is more than likely the opposite of what is true. And regarding crypto if you hear everyone talking about it, it is not a good investment Watch what the billionaires and world leaders do and do not listen to what they say. What they do is more important. Track the events that they go to, read the PDFs that are released regarding digital assets. Go to IMF.org and see what they are talking about. Become open minded and unbiased. Absorb information from every outlet and sculpt your own version and compare it with what you learn from the PDFs and finance briefs Listen to people in the industry. Do not listen to any crypto maximalist I am not a crypto maxi but I am a real world utility maxi |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:16 PM Report Abusive Post Report Copyright Violation | People will say “you are siding with the “NWO” Quoting: Crypto Monk 80263378 And it is evil. That is a product of an information virus. There are people that know about the potential benefits of investing in digital assets before the utility bull run but they still choose not to participate. Do you see how that works? You have to be a little more open minded to understand that civilization does need to progress. And in a philosophical sense we should all agree that it is best to spread human consciousness throughout the solar system and beyond. And we are going to transition from a level 0 type civilization to a level 1 type civilization where we will operate in tandem as a global unit. And technology will play a very important role in assisting us aa we attempt to achieve the impossible. Things never stay the same. There was a lot of mistakes that were made along the way and we have the opportunity to change things for the better. If you choose to be a thorn in the ass of the future you are a product of an information virus. lol. i hope you are right. you seem naiive. it is siding w/ the nwo. and im doing it to make money, play w the big boys as they say. then maybe i can gtfo and live somewhere modest with some rumba gardening robots and a couple ppl that will help me plant and run my self sustainable farm. you think the future will be awesome because you are libtarded. nothing ever changes. rich nihhas control shit. we live here on the bottom, bottomfeeding. that will never change. just gonna have new label, new slogan, and a new color of the dildo up your ass. |
Anonymous Coward User ID: 51266404 United Kingdom 05/25/2022 03:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:18 PM Report Abusive Post Report Copyright Violation | The best advice is to realize that usually what you hear about finance on the mainstream media is more than likely the opposite of what is true. Quoting: Crypto Monk 80263378 And regarding crypto if you hear everyone talking about it, it is not a good investment Watch what the billionaires and world leaders do and do not listen to what they say. What they do is more important. Track the events that they go to, read the PDFs that are released regarding digital assets. Go to IMF.org and see what they are talking about. Become open minded and unbiased. Absorb information from every outlet and sculpt your own version and compare it with what you learn from the PDFs and finance briefs Listen to people in the industry. Do not listen to any crypto maximalist I am not a crypto maxi but I am a real world utility maxi i do like your style dude dont get me wrong. so what are your thoughts on ethereum? i mean its really the king of crypto imho. but i do have some xrp from 2017 my fav rn is chainlink and eth.. and grt |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 03:18 PM Report Abusive Post Report Copyright Violation | Or they use information viruses like organized religion to be sure that you proactively store in the back of your mind that being poor is honorable. Quoting: Crypto Monk 80263378 It even says “it is easier for a camel to enter the eye of a needle than for a rich man to enter heaven” So you are satisfied with your hard life and develop a stockholm syndrome style relationship with your own hardships. And you even use that as leverage for some sort of honorable bragging rights when you are bitter towards the younger generations because through the advancement of technology human life becomes easier and easier. And you want your kids to work just as hard as you because in your mind it is a sign of success. And this entire time while you are in love with back breaking labor for a survivable living standard you are distracted and the wealthy class is reaping all the benefits. This is the true path out if the matrix of distraction. Knowing and understanding is the first step and your life will change forever yeah but at the same time if you had a shitload of money and you sat on your ass all day and did 0 labor, you would get fat af, unhealthy, and die sooner. i think there has to be balance. and i'm not working out for free lol. i get paid to work out. if i work 3 days a week i can live comfortable af and be fit adn not fat. so yea ill take my life over being a rich useless fuck. but im still gonna be rich one day tho lol just dont wanna be rich young. its about pursuit of happinness. make the journey count. from rags to riches baby. Being rich does not equate to being lazy, fat and useless. For one you will have more time to workout, eat right and focus on health and wellness. Second, money is nothing more than a tool. With money you can make things happen. And when in the right hands it will give you a very real opportunity to help make the world a better place. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 03:20 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:21 PM Report Abusive Post Report Copyright Violation | Or they use information viruses like organized religion to be sure that you proactively store in the back of your mind that being poor is honorable. Quoting: Crypto Monk 80263378 It even says “it is easier for a camel to enter the eye of a needle than for a rich man to enter heaven” So you are satisfied with your hard life and develop a stockholm syndrome style relationship with your own hardships. And you even use that as leverage for some sort of honorable bragging rights when you are bitter towards the younger generations because through the advancement of technology human life becomes easier and easier. And you want your kids to work just as hard as you because in your mind it is a sign of success. And this entire time while you are in love with back breaking labor for a survivable living standard you are distracted and the wealthy class is reaping all the benefits. This is the true path out if the matrix of distraction. Knowing and understanding is the first step and your life will change forever yeah but at the same time if you had a shitload of money and you sat on your ass all day and did 0 labor, you would get fat af, unhealthy, and die sooner. i think there has to be balance. and i'm not working out for free lol. i get paid to work out. if i work 3 days a week i can live comfortable af and be fit adn not fat. so yea ill take my life over being a rich useless fuck. but im still gonna be rich one day tho lol just dont wanna be rich young. its about pursuit of happinness. make the journey count. from rags to riches baby. Being rich does not equate to being lazy, fat and useless. For one you will have more time to workout, eat right and focus on health and wellness. Second, money is nothing more than a tool. With money you can make things happen. And when in the right hands it will give you a very real opportunity to help make the world a better place. that is all true but human psychology sais most ppl if given too much money will become useless and fat. for example, aint no way im working out for free. thats just not happening. you g2 pay me for that. and yes money is the carrot and a tool. i dont think we are evolving beyond money/credits anytime soon. |
Anonymous Coward User ID: 81707991 United States 05/25/2022 03:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:23 PM Report Abusive Post Report Copyright Violation | and crypto is exactly how im gonna get rich. already made 3 years' salary last year. of course i had to hodl for 3 years lol. Quoting: Anonymous Coward 80894186 And we are on the precipice of mass worldwide adoption.. The cambrian explosion hasn’t even begun yet so ethereum is pretty much my religion. xrp is just a hedge to me. what do you think of ethereum? |
Anonymous Coward User ID: 80894186 United States 05/25/2022 03:23 PM Report Abusive Post Report Copyright Violation | The super-rich are not going to be able to get away with living lavish Lifestyles while they expect the 99% to go and be low-carbon lemmings we'll find a way to kill them because their hypocrisy will be obvious Quoting: Anonymous Coward 81707991 its obvious now. but everyone is too comfortable. nobody is gonna do shit about this till (if) they are starving. so yea nothing will ever get done sorry to boop your bubble |