Justin Carter

Sticking to my thesis... 589- in the riddles is about the Comex rule 589. There will be a repricing and exchange rate peg to/from commodities and certain chosen crypto tokens based on their functions in the New Financial system Basel 3- requires banks to hold reserves of 7% minimum of isssued assets. If XRP is determined to be a tier 1 asset and the reserve bridge asset to be used by the BIS then banks will have to hold a certain percentage based on their daily transactional volume of their books. 100 billion seems like a high amount of supply but when you understand that the vast majority of that will be held by banks and financial institutions to cover their own books, that number is peanuts really. If it's held, not for use daily, then the available supply will be very small and that's what actually matters for pricing. Liquidity Depth- Liquidity is the biggest problem in banking and finance today. The whole world's economy is debt based. This can be solved by using XRP as the reserve bridge currency of the New Financial System. XRP frees up $27 trillion in dormant Nostro Vostro capital globally. All that needs to be done is to reprice XRP to a stabile enough value where there is Deep enough liquidity available on a daily basis to move the global books of banks, governments and financial institutions. It has to be a high price to avoid friction, failed transactions, delays, etc. Basel 3 allows for this to take place. I believe this is the "flip of the switch" that is referred to so often. A global repricing is not only possible, it's neccessary to fix the debt crisis that's 100% spirraling out of control. We are in the End Game for sure. Rosie Rios being chosen by Trump to lead America 250 was not an accident. She has been deeply involved in planning the New Financial system for years. She is on the Board of Directors at Ripple. The Only question left in my mind is timing. When will they pull the trigger? What are they waiting for? Who knows exactly. What I do know is that this has been the plan for a longtime and exactly what Ripple has been working towards since it's inception. All you have to do is get a bag packed of XRP and wait....