Make It Make $ents
619 posts
Anyone who tells you that you can’t eat potatoes and lose fat should be ignored.
They’re literally the most satiating food on the planet, super enjoyable, and make fat loss much more sustainable.
Reece Schnell@schnellreece007
Getting lean is too easy when you’re eating 1kg of potatoes everyday.
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after a weekend in the hamptons.
it feels like the old money is waking up to crypto.
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@CharuSan83 @Crypt0Senseii @CharulSan83 It’s an odd sort of compliment I guess
Nobody has created a fake account of me 😂
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@Crypt0Senseii @CharulSan83 Yes, after you said that I searched "CryptoSensesi" I saw a lot of fake accounts 🤣
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@CharuSan83 @MakeCentsXRPL @DigPerspectives So what comes of this nostro vostro cash when it’s no longer needed via crypto blockchain cross border liquidity rail? Does it become reserve currency, part of the Basel III asset ratio? Idk just asking.
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XRP is an institutional bridge asset and a liquidity tool specifically engineered to settle massive cross border value without slippage.
Market cap is a metric for stocks,
Not for institutional bridge asset and a liquidity tool.
Traditional financiers make a mistake when they say an 8-10 trillion dollar market cap is "too big".
Because Market Cap doesn’t mean all circulating coins will be cashed out at that current price, it is simply the unit price of the last executed transaction multiplied by the supply.
Considering the $27 trillion sitting idle in global Nostro/Vostro accounts, the massive volumes in FX markets, major banks, DTCC clearing, and institutional corporations, it is completely normal and in fact, a necessity to prevent the system from locking up for a bridge asset carrying this volume to reach a value of 10 trillion dollars.
My posts are for informational purposes only.
Not financial advice
Everyone is responsible for themselves. DYOR
CharuSan XRP@CharuSan83
How XRP will reach $300 *Part 3* The XRP price used by banks for transfers is calculated through ODL *On-Demand Liquidity* Circulating XRP does not mean the number of XRP you can find at that exact moment. The price is not calculated based on the circulating supply. If a bank's transfer amount is $200 billion and the XRP price is $20, it requires 10 billion XRP to execute this payment. In a coin with a circulating supply of 61 billion, single transfers of 3, 5, or 10 billion would create a bottleneck(The system will clog up) after all, we are talking about the global banking network, not just a single bank. You cannot conduct the transfers of 13,000 banks with small values like $10 or $20. Do not forget to include the DTCC and many other institutional firms among them "DYOR" XRP Velocity doesn't replace liquidity depth. You need to consider the "simultaneous" volume of global transactions. Even with a 3-5second settlement, the total value locked in transit at any given moment across thousands of banks is trillions. If the transaction volume exceeds the pool's depth, slippage is inevitable. No matter how fast the pipe is, if the volume of water is greater than the pipe's diameter "price" , the system bottlenecks and slippage. Example: Let's say XRP is a super fast car. 300 cars are moving very fast, but the tunnel has only 20 lanes, so an accident occurs at the tunnel entrance, creating a "bottleneck". The tunnel needs to be large so that 300 cars *300 transactions* can pass through smoothly. This thesis was written considering that banks will use XRP after the clarity act passes. My posts are for informational purposes only. Not a financial advice Everyone is responsible for themselves. DYOR
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You are confusing liquidity management with credit capacity. Nostro funds are multi currency liquidity pools locked in correspondent banks solely to mitigate settlement and counterparty risks in legacy rails. You cannot simply ""lend out"" this pre funded cash, credit supply is strictly dictated by Basel III capital ratios, not by the amount of cash sitting in Nostro accounts.
Banks don't resist new rails because they fear losing transfer fees; they resist them because bridge assets eliminate their real goldmine, FX spread revenue and currency hegemony. 😉
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If the number of people offering prayers is any indicator…
I’m absolutely going to destroy this cancer 😭💪
Nick O’Neill@chooserich
Chemo has begun…
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@NCashOfficial Good!!! Let’s get our shit together and GO!!!
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me getting shadow-banned must mean we are close to something big
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@NCashOfficial I am starting to believe they do want us out before the market makers fund the xrpl and really put it to use!
I imagine institutions not liking being our exit liquidity down the road!
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XRP wasn't meant for just retail... it was meant for retail with diamond hands.
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@dom_kwok Holding is a trippy psychological ride, particularly when way down!
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@CharuSan83 Where will the liquidity come from?
Retail is not nearly enough to do it!
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@mrnguyen007 @spencerpratt There was a lot to look up it took me more than an hour to get through the whole ballot!
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I, Dr. Kenneth M. Nguyen fully endorse and support Spencer Pratt as the new Mayor of Los Angeles, California USA 🇺🇸
I'm calling on all Angelinos in my neighboring city to vote for Spencer.. 🗳
Make LA Great Again!
Dr. Nguyen 🇺🇸
@spencerpratt
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Off topic reply
Would you please do a video on Ripple doing batch payments in the background to manage slippage on large payments until liquidity increases over time
I keep wondering what the answer is for the current lack of liquidity and where the money will come from to increase it and how it is said there must be huge liquidity to do large payments
Batching payments is a way to do large payments now decreasing slippage and will also lead to increasing institutional adoption as confidence grows due to payments working, correct?
Is this thesis in the ballpark?
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What's the biggest scam in the world pushed by governments?
I'll go first.. taxes.
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