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Mainstream financial companies from JP Morgan to Visa are creating their own crypto currencies, known as stablecoins. Market …
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I wonder what Facebook going to do they been itching for this
A different currency for each company. Yeah 👍 everyone’s going to hate that. Idiots
Honestly, this whole thing about JP Morgan and Visa creating crypto tokens feels like smoke and mirrors. It’s all hype. These companies are just trying to ride the wave and make it look like they’re “innovating,” but in reality, no one’s actually using these tokens in day-to-day life.
Let’s look at the facts:
• Less than 1% of global transactions are done using crypto. That includes Bitcoin, Ethereum, stablecoins — all of it. So if no one is really using crypto for payments, who exactly are these tokens helping?
• JP Morgan’s token, JPM Coin, has been around since 2019 and is still only used by a handful of big institutions behind closed doors. Retail customers can’t even touch it. It’s not decentralized, and it’s not transparent — the exact opposite of what crypto was supposed to stand for.
• Visa talks about supporting stablecoins like USDC, but there’s still no real adoption. It’s more of a PR move than a real shift in payments.
• The crypto market itself is highly unstable. Over 50% of crypto tokens launched since 2020 are now dead or worthless. It’s a space full of pump-and-dump schemes, failed projects, and empty promises.
So yeah, I think it’s fake news. It’s a scam dressed up in tech jargon. Until people are actually buying groceries or paying rent with these so-called “tokens,” this is just a corporate gimmick to look futuristic — not something that’s solving real problems.
I would never EVER buy tokens from these clowns getting in late on something they snubbed and put road blocks in front of. If you think they are in it for anything but ripping us off with fees and stupidity like they have done since their companies inception you are in for a shock. Ripple Bank is my preference and XRP is my bridge to use because they have worked long and hard for SEC approval and are now applying for their banking licence. XRP is the future. Lets ditch these companies who have raughted us and are now bridging out to raught us more.
My real question is what happens when you need the cash and system is down? You cant say this wont happen sooner or later. People wont be able to eat, get gas or anything they need? Will there be anything we can use physically? Something i can hold onto physically and thats not completely just online or on the block chain?
How long are y'all gna fall for the same shyt lmfao.
So, you ask Utsumi San for an interview and most of your questions are not about Sega but Nintendo?
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time.
I've come to realize that trading digital currencies is more profitable than holding it and waiting for it to skyrocket.
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This administration is being backed by crypto lobbyists therefore they are supporting this unstable investment mechanism. In addition, they mentioned how the Qatari government is looking at potentially becoming part of this market. I can’t imagine that a $400 million dollar airplane “gift” might not also have an influence on the administration backing these efforts. Buyer be aware and cautious. I’ve worked way too hard for my money to invest it in something still this unpredictable.
As a supposed-to-be professional reporter, can you try not to look at the script and look at the camera instead when you are speaking?
Idiots. Everywhere.
l feel sympathy for our country, low
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OK, but the dollars losing value day by day so what good is the stable coin? It’s really not stable or when eventually the dollar will just go to zero.
Fantastic video and report full of facts and information. Thanks to the whole team!! And well done, keep it up!
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Say bye to the paper dollar in the next 20 years. We went from
gold and silver>to the gold standard paper dollar>to the money printing diluted dollar>to now this. Just like they did with gold, they will run both currencies and not reissue paper money until it’s all electronic. Wonder if they will be “embraced” 7:15 for use by the Olympics.
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Hit 20x with Solana bot. Neural network catches meme pumps. @whalesolai
Wait…so the guys at tether are making coins in exchange for real dollars???
Bottom line: virtual assets crypto used to buy bonds denominated in fiat currency. And real, honest, money is what ?
What about minting them, i don't want to p2p them