Replying to Avatar hh

XRP is how the US does a CBDC, while saying there is no CBDC. I honestly don't fully understand what is so surprising about it, because it's been clear from the very beginning that was the product Ripple was selling.

Yes, the Democrats went after it because they lean Statist, while MAGA and the Republicans lean Corporatist. As if that made any difference. It's all part of the same spectrum, just different ratios of the two ingredients.

That's the trick with which they fool you all the time.
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hh 11mo ago

That said, I don't really know if it's "XRP" specifically. They already have Circle and Tether. They simply need to add more advanced programmability functions to them, or maybe no need to bother at all with any of that and let the system be as it is now - the government blows a whistle and they simply freeze your funds. MAGA may be content with that. Democrats may demand more when they get the power back.

None of these details are relevant long term, only that non-CBDC CBDCs are possible and they're going to give it a shot with XRP and Circle to begin with.

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