Prelim Analysis of Central Banker's Ripple Coin Vs Humanity
What is Ripple?
Ripple actually serves a function within the central banking community. It was created by the Bank of England to facilitate secure international interbank transfers of funds. It was 100% premined before offering it for sale. Greed? What else!
Why Invest In Ripple?
To answer this you need to answer one critical question: What is the long term viability of central banks? Are We the People going to allow them to stand or will we take them down and break the chains of debt slavery they have tightened around our necks over the past 200yrs.?
The Central Banking Threat
Governments will always want to have control of their own money supply as one of the key powers of a sovereign nation. Crypto naturally threatens them all and so they will either fight back or surrender and play ball.
Get Ready to Rumble
While it is inevitable that govts and banks will fight back against crypto currency, be warned that they are not likely to do so overtly and risk blowback from the people by looking like villians against progress.
No. They are more likely to allow it to develop, study it, learn how to control it, and then plan and plot a takeover using a 9/11 style event to support the legislation they are writing as I write .
They will position themselves as the "heros" that saved us from these "dangerous cryptocurrencies"(they made dangerous- read how here).
Don't be Fooled By Appearances
Even though Ripple makes it look like they are surrendering to an extent, when these guys play ball, they will play hard and dirty. Why? Because they were born that way and they can get away with it (Too Big To Jail).
Prediction: Segwit Will Be Exploited for a Crypto 9/11 Event
Whatever they do will be filled with intrigue and scandal to be sure, beginning with looting money from Bitcoin through the SegWit backdoor vulnerability that was opened up recently. Wait and watch.
Steem should be fine in any event. Bitcoin is the symbolic tallest building that will be taken down in the first round.
Just don't doubt who was behind it when it happens. The headlines will read "Hackers Loot Top 5000 bitcoin accounts of $Billions."
You read it here first and now know who the hackers will be.
Thanks for Watching and Reading!
If you agree with this post and/or want me to speak more on this topic, then let me know with an upvote, an encouraging comment and a Resteem and I will!
@Cyberspace
Blockchain Social Scientist
Philosophy, Sociology, Economics & Governance
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Thanks. We must fight!
👊👉see my update to this.
thanks your post! have a nice day
Glad you liked it. Thanks.
@Cyberspace
Knowledge is power...keeping reminding people about this fact. It's only going to awake the masses, and there is no stopping when people become empowered with this knowledge of what greater good crypto-currencies will bring to us.
Thanks. Will do.
Recently read Microsoft stopped accepting Bitcoin because it is "unstable." I loved reading this morning that Warren Buffet, the king of Centralized monetary systems, state that cryptocurrencies will undoubtedly "come to a bad ending."
So it begins. I worry their counter(s) will be subtle, and mostly played in the shadows. Much like Warren Buffet(who every common Joe knows of)