11-04-2022, 12:37 PM
(11-04-2022, 08:48 AM)psl Wrote: cause banks are switching to it? why would they use these tokens instead of their own proprietary chains and tokens
Because the technology is under a United States company that has ties to the world economic forum and IMF. They are already sanctioned as legitimate and this court case nonsense is getting thrown out very soon.
Why try to reinvent the wheel when a company you trust and have investors in can profit as well as you? Banks are already on board with it.
The only tokens I see governments issuing are CBDCs which will be the on-ramp for XRP to be used in cross border transactions. You can ask yourself why world governments havent nationalised banks and still keep the Bank of England, Federal Reserve etc as seperate companies bound by and working alongside governmental authority. The same will be said of Ripple.
