Web3 a decentralized internet with increased speed and security. Hedera has built an incredible network backbone for crypto to operate on.kalm wrote: ↑Thu Jan 16, 2025 7:36 pmSincere question. What’s their product?Bobcat wrote: ↑Thu Jan 16, 2025 3:47 pm Hedera (HBAR) is a project I have a heavy bag in. These guys are revolutionary and they are gonna be one of the biggest players in the world.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Hedera?src= ... #Hedera</a> is the home for <a href="https://twitter.com/hashtag/RWA?src=has ... w">#RWA</a> tokenization<br><br>Discover why and start building today<a href="https://t.co/efOyb2DzEk">https://t.co/efOyb2DzEk</a> <a href="https://t.co/29wNTw0FDW">pic.twitter.co ... </p>— Hedera (@hedera) <a href=" 13, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Crypto
- Bobcat
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Re: Crypto
- Bobcat
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Re: Crypto
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houndawg
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Re: Crypto
so which is it?Caribbean Hen wrote: ↑Fri Jan 17, 2025 6:42 amDo you really think cash has a bright future?
The government can’t track cash therefore it’s a goner … just a matter of time
Not sure what all these Chinese NYC “cash only” businesses will do
but surely they will create an underground cash economy
You matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
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Caribbean Hen
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Re: Crypto
Bothhoundawg wrote: ↑Fri Jan 17, 2025 7:49 pmso which is it?Caribbean Hen wrote: ↑Fri Jan 17, 2025 6:42 am
Do you really think cash has a bright future?
The government can’t track cash therefore it’s a goner … just a matter of time
Not sure what all these Chinese NYC “cash only” businesses will do
but surely they will create an underground cash economy
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houndawg
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Re: Crypto
so cash isn't a goner. Thank you
You matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
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Caribbean Hen
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Re: Crypto
-
houndawg
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Re: Crypto
you'reCaribbean Hen wrote: ↑Sat Jan 18, 2025 11:43 amat least your anti big oppressive gov
I'll ask Nurse Ratchet to shower you today
You matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
- Bobcat
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Re: Crypto
Memecoins are stupid. Very few make money on them, only the originators do well with those.
- Bobcat
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Re: Crypto
Here's another state governement that is getting ahead on the Ponzi scheme so many lie about.
"We don't want cell phones or the internet, they will never be en vogue" LOL
https://www.ccn.com/news/state-utah-bit ... ested-btc/
"We don't want cell phones or the internet, they will never be en vogue" LOL
https://www.ccn.com/news/state-utah-bit ... ested-btc/
- Bobcat
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Re: Crypto
Another campaign promise kept with more to come
https://www.forbes.com/sites/jasonbrett ... o-markets/
I am sure when hdawg gets his typewriter connected to his wifi we will hear another technologically sound retort from the wunderkind of horse and buggy
https://www.forbes.com/sites/jasonbrett ... o-markets/
I am sure when hdawg gets his typewriter connected to his wifi we will hear another technologically sound retort from the wunderkind of horse and buggy
- Bobcat
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Re: Crypto
Crypto is down a bit the last few days.
Sure wish it would crash 50 to 80% like all you financial geniuses think it will. I need to drop 80k on it when that happens.
Buy the dip
Sure wish it would crash 50 to 80% like all you financial geniuses think it will. I need to drop 80k on it when that happens.
Buy the dip
- Bobcat
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Re: Crypto
The future in banking is now.
RLUSD (Stablecoin):
It's a digital version of the US Dollar, pegged 1:1 to a real dollar.
You use it like digital cash for transactions, but it stays tied to the Dollar's value.
It's great for sending or receiving money if the sender and receiver both want to deal in Dollars.
XRP (Bridge Currency):
XRP is designed to connect different currencies (like RLUSD, Euros, Yen, etc.) and move value quickly and cheaply across borders.
It's not pegged to any currency, it has its own market value.
You use it when you need to send money between currencies or across systems (e.g., RLUSD in one place, Euros in another).
But wait, why should I use XRP if there will be RLUSD??
If you're staying in one currency (like RLUSD → RLUSD), XRP isn’t needed.
But if you’re moving between different currencies or systems, XRP is the bridge that makes it all work seamlessly and cheaply.
Think of RLUSD as digital cash for Dollars, and XRP as the global courier that connects everyone. They work together in many cases, but they also serve different purposes depending on the transaction.
If it's still confusing, I will give an easy example.
In the real world, there are over 180 currencies (like Dollars, Euros, Yen). Banks need to hold huge amounts of money in every currency to send money around the world. It's expensive and slow.
XRP acts as a bridge currency.
If someone in the U.S. wants to send $1 million to Japan, instead of needing both Dollars and Yen, they convert $1 million into XRP.
The XRP is sent to Japan, and there, it’s turned into Yen.
This is faster and cheaper because banks only need XRP as the bridge, not every currency in the world.
RLUSD is like a digital version of a dollar.
It’s backed 1:1, meaning every RLUSD is supported by a real dollar in a bank.
This makes it safe and trustworthy.
You can use RLUSD in the digital world (on the XRP Ledger or Ethereum) instead of cash.
Think of XRP as the super-fast delivery truck and RLUSD as the digital money it carries safely. Together, they make global money transfers easier, cheaper, and much faster. Instead of 6,000 different currency combinations (Dollars to Yen, Euros to Pesos, etc.), banks just need XRP as a bridge. RLUSD makes the dollar ready for this digital system too, so people can easily use it online.
Now, what will happen once RLUSD launches?
The launch of RLUSD could indirectly strengthen the XRP market, but the magnitude of the impact will depend on how quickly RLUSD gains adoption and integrates into real-world financial systems.
RLUSD (Stablecoin):
It's a digital version of the US Dollar, pegged 1:1 to a real dollar.
You use it like digital cash for transactions, but it stays tied to the Dollar's value.
It's great for sending or receiving money if the sender and receiver both want to deal in Dollars.
XRP (Bridge Currency):
XRP is designed to connect different currencies (like RLUSD, Euros, Yen, etc.) and move value quickly and cheaply across borders.
It's not pegged to any currency, it has its own market value.
You use it when you need to send money between currencies or across systems (e.g., RLUSD in one place, Euros in another).
But wait, why should I use XRP if there will be RLUSD??
If you're staying in one currency (like RLUSD → RLUSD), XRP isn’t needed.
But if you’re moving between different currencies or systems, XRP is the bridge that makes it all work seamlessly and cheaply.
Think of RLUSD as digital cash for Dollars, and XRP as the global courier that connects everyone. They work together in many cases, but they also serve different purposes depending on the transaction.
If it's still confusing, I will give an easy example.
In the real world, there are over 180 currencies (like Dollars, Euros, Yen). Banks need to hold huge amounts of money in every currency to send money around the world. It's expensive and slow.
XRP acts as a bridge currency.
If someone in the U.S. wants to send $1 million to Japan, instead of needing both Dollars and Yen, they convert $1 million into XRP.
The XRP is sent to Japan, and there, it’s turned into Yen.
This is faster and cheaper because banks only need XRP as the bridge, not every currency in the world.
RLUSD is like a digital version of a dollar.
It’s backed 1:1, meaning every RLUSD is supported by a real dollar in a bank.
This makes it safe and trustworthy.
You can use RLUSD in the digital world (on the XRP Ledger or Ethereum) instead of cash.
Think of XRP as the super-fast delivery truck and RLUSD as the digital money it carries safely. Together, they make global money transfers easier, cheaper, and much faster. Instead of 6,000 different currency combinations (Dollars to Yen, Euros to Pesos, etc.), banks just need XRP as a bridge. RLUSD makes the dollar ready for this digital system too, so people can easily use it online.
Now, what will happen once RLUSD launches?
The launch of RLUSD could indirectly strengthen the XRP market, but the magnitude of the impact will depend on how quickly RLUSD gains adoption and integrates into real-world financial systems.
- Bobcat
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Re: Crypto
Obviously just a Ponzi scheme not backed by anything
https://www.cnbc.com/2025/03/02/trump-a ... -more.html
https://www.cnbc.com/2025/03/02/trump-a ... -more.html
- Bobcat
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Re: Crypto
Trump announcing a strategic Crypto reserve is obviously the stupidest idea ever in the history of ideas because Trump is doing it. We need to get another Republican in the White House so he can do the exact same thing then it will be fine.
https://www.cnbc.com/2025/03/04/pro-tru ... -rift.html
People to NOT listen to about crypto
Warren Buffet
Mark Cuban
Ben McKenzie
Elizabeth "Sitting Bull" Warren
Any democrat in congress
These dinosaur relics will be laughed at in history, (5years from now)
https://www.cnbc.com/2025/03/04/pro-tru ... -rift.html
People to NOT listen to about crypto
Warren Buffet
Mark Cuban
Ben McKenzie
Elizabeth "Sitting Bull" Warren
Any democrat in congress
These dinosaur relics will be laughed at in history, (5years from now)
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kalm
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Re: Crypto
What’s the product?Bobcat wrote: ↑Tue Mar 04, 2025 3:24 pm Trump announcing a strategic Crypto reserve is obviously the stupidest idea ever in the history of ideas because Trump is doing it. We need to get another Republican in the White House so he can do the exact same thing then it will be fine.
https://www.cnbc.com/2025/03/04/pro-tru ... -rift.html
People to NOT listen to about crypto
Warren Buffet
Mark Cuban
Ben McKenzie
Elizabeth "Sitting Bull" Warren
Any democrat in congress
These dinosaur relics will be laughed at in history, (5years from now)
Where can it be used?
How is it guaranteed?
- Bobcat
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Re: Crypto
kalm wrote: ↑Tue Mar 04, 2025 7:01 pmWhat’s the product?Bobcat wrote: ↑Tue Mar 04, 2025 3:24 pm Trump announcing a strategic Crypto reserve is obviously the stupidest idea ever in the history of ideas because Trump is doing it. We need to get another Republican in the White House so he can do the exact same thing then it will be fine.
https://www.cnbc.com/2025/03/04/pro-tru ... -rift.html
People to NOT listen to about crypto
Warren Buffet
Mark Cuban
Ben McKenzie
Elizabeth "Sitting Bull" Warren
Any democrat in congress
These dinosaur relics will be laughed at in history, (5years from now)
Where can it be used?
How is it guaranteed?
This is the last time I do you homework for you. I have already told you this twice, it wont happen again
Its crypto CURRENCY used for cross border payment in native currencies. RLUSD RLEURO RLYEN etc
It can be used anywhere, on your phone, banks, atms, retail etc
It is backed by the US dollar, the Euro, Yen etc.
The whole world is in on this Ponzi scheme, stay out, show us all how smart you are internet/cell phone denier!
- Bobcat
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Re: Crypto
Since you love helping everyone but the USA you should buy some Telcoin, its gonna be huge. Makes your cellular device a bank for people that dont live near or have banks. Its worldwide and its an awesome idea.
You and people like you are going along with this even if you don't want to, its happening
You and people like you are going along with this even if you don't want to, its happening
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kalm
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Re: Crypto
Hmm…I’m not sure this is correct. Show where crypto is backed by any government in the same manner my cash is.Bobcat wrote: ↑Wed Mar 05, 2025 10:44 am
This is the last time I do you homework for you. I have already told you this twice, it wont happen again
Its crypto CURRENCY used for cross border payment in native currencies. RLUSD RLEURO RLYEN etc
It can be used anywhere, on your phone, banks, atms, retail etc
It is backed by the US dollar, the Euro, Yen etc.
The whole world is in on this Ponzi scheme, stay out, show us all how smart you are internet/cell phone denier!
Do crypto currency is backed by real currencies? You know that not the same as government backing and insured banking, right?
I can already make or receive cross border payments with actual banking technology and services in currency that is mostly stable.
Provide me a list of credentialed financial experts and economists that support crypto.
- Bobcat
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Re: Crypto
kalm wrote: ↑Wed Mar 05, 2025 2:39 pmHmm…I’m not sure this is correct. Show where crypto is backed by any government in the same manner my cash is.Bobcat wrote: ↑Wed Mar 05, 2025 10:44 am
This is the last time I do you homework for you. I have already told you this twice, it wont happen again
Its crypto CURRENCY used for cross border payment in native currencies. RLUSD RLEURO RLYEN etc
It can be used anywhere, on your phone, banks, atms, retail etc
It is backed by the US dollar, the Euro, Yen etc.
The whole world is in on this Ponzi scheme, stay out, show us all how smart you are internet/cell phone denier!
Do crypto currency is backed by real currencies? You know that not the same as government backing and insured banking, right?
I can already make or receive cross border payments with actual banking technology and services in currency that is mostly stable.
Provide me a list of credentialed financial experts and economists that support crypto.
RLUSD is backed by the US dollar so is Tether
Keep making cross border payments then. The current system (SWIFT) is slow 523 per second. Most crypto based networks can do 5500 to 10000 per second
No, do your own homework or you can also purchase my new memecoin and then you will get an education
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kalm
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Re: Crypto
So there’s some insurance. That’s good. How does that work with pump and dump type schemes?Bobcat wrote: ↑Wed Mar 05, 2025 4:58 pmkalm wrote: ↑Wed Mar 05, 2025 2:39 pm
Hmm…I’m not sure this is correct. Show where crypto is backed by any government in the same manner my cash is.
Do crypto currency is backed by real currencies? You know that not the same as government backing and insured banking, right?
I can already make or receive cross border payments with actual banking technology and services in currency that is mostly stable.
Provide me a list of credentialed financial experts and economists that support crypto.
RLUSD is backed by the US dollar so is Tether
Keep making cross border payments then. The current system (SWIFT) is slow 523 per second. Most crypto based networks can do 5500 to 10000 per second
No, do your own homework or you can also purchase my new memecoin and then you will get an education
And why aren’t economists and financial guys backing this?
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houndawg
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Re: Crypto
Give him a few weeks and we can hear first-hand.kalm wrote: ↑Wed Mar 05, 2025 8:30 pmSo there’s some insurance. That’s good. How does that work with pump and dump type schemes?Bobcat wrote: ↑Wed Mar 05, 2025 4:58 pm
RLUSD is backed by the US dollar so is Tether
Keep making cross border payments then. The current system (SWIFT) is slow 523 per second. Most crypto based networks can do 5500 to 10000 per second
No, do your own homework or you can also purchase my new memecoin and then you will get an education
And why aren’t economists and financial guys backing this?
You matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
- GannonFan
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Re: Crypto
I agree, I don't get it. If it's backed by the US dollar, and in many cases actually pegged to the US dollar, why is this anything more than a money-making stock game? Crypto as an independent currency wouldn't be backed by another currency. If we're pegging it to the dollar isn't it, essentially, the dollar too? I certainly understand the stock market, try to make money off of it angle. Sure, it's a little bit like gambling then. But as a substitute international currency? I haven't seen anything to make it look like that, assuming that was even desirable in the first place.kalm wrote: ↑Wed Mar 05, 2025 8:30 pmSo there’s some insurance. That’s good. How does that work with pump and dump type schemes?Bobcat wrote: ↑Wed Mar 05, 2025 4:58 pm
RLUSD is backed by the US dollar so is Tether
Keep making cross border payments then. The current system (SWIFT) is slow 523 per second. Most crypto based networks can do 5500 to 10000 per second
No, do your own homework or you can also purchase my new memecoin and then you will get an education
And why aren’t economists and financial guys backing this?
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