/biz/ - Business & Finance

Like a lot of people on this board it feels like many things happened in the past to prepare me for buying XRP. Mainly missed opportunities on Bitcoin and other clear investments. So when I started investigating it two months ago it felt like the right move.

After an initial 5k stack I informed my wife and investigating further together we will reach 100k this week. My goal will be reached and the Ledger will be put away in a Faraday bag, to come out on moonday.

Yesterday another puzzle piece clicked together for me. Jan Nieuwehuijs has a very interesting piece on the new gold standard:

https://www.youtube.com/watch?v=eG3YuePCENc

What he is saying is that banks are creating a reserve on their balance sheets based upon the plus value of gold. I believe that many (central) banks are doing this with gold AND xrp, hence the low price. This will allow them to build up a huge reserve for the next puzzle piece, Nesara. Once both assets sky rocket the banks will use that reserve on the balance sheet to cancel most outstanding loans, starting the much discussed debt jubilee.