Goldilocks "ETC's and XRP" Wednesday 3-1-2023
Goldilocks and Seeds of Wisdom
Thank you R.J.
R.J.: Good morning Dinar Recaps,
Goldilocks posted several articles with commentaries:
Issuance of Securities
The Deutsche Bank is issuing another set of ETCs or Exchange Traded Commodities. This trench is for silver Exchange Traded Commodities.
Not long ago I showed you one for gold, silver, and palladium. Remember, the Deutsche Bank reaches into all banks around the world.
The Deutsche Bank is beginning to mobilize commodity assets to Banks around the world for the purpose of investing purchases of their investors.
In the link below, you will see the issuance of more ETCs flowing into the world economy.
Will XRP be the world reserve currency and backed by Gold
We have more clarity on XRP. Many have suggested that XRP is backed by gold. It is, but not in the way many people believe.
The coin itself is not backed by gold. It is the tokenization of XRP on the XRP ledger that provides the connection.
In other words, XRP is being tokenized. A token is a representation of a value held by an institution collateralizing the use of a utility coin through gold held inside the banking system.
Is it possible for this to change in the future? Let's take a look at what the article says, "Hamilton explained that XRP is a decentralized cryptocurrency with a finite supply and trades on the open market. He further added that XRP has no issue holding back for gold."
© Goldilocks
https://www.crypto-news-flash.com/will-xrp-be-the-world-reserve-currency-and-backed-by-gold-for-a-stable-prize-ripple-directors-take-and-lawsuit-update/
Goldilocks added this comment:
"Folks, gold is the next World Reserve Currency not a token."
© Goldilocks
Goldilocks pointed to this article:
Wells Fargo launches digital financial planning platform LifeSync
https://www.fintechfutures.com/2023/02/wells-fargo-launches-digital-financial-planning-platform-lifesync/
Goldilocks' Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks
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