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Tower Of David _Bvm First_
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“I HAVE ONLY 600 BITCOINS…I MISSED THE BUS ☹️”
He didn’t miss it, you haven’t either.
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Tower Of David _Bvm First_
@Square-Creator-e0a67a687ab9
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JAMIE DIMON, CEO of JPMorgan Chase, said he regrets calling Bitcoin a “fraud” during his earlier criticism of the cryptocurrency. Speaking to Fox Business, Dimon admitted that while he still isn’t personally interested in Bitcoin, he recognizes that blockchain technology itself is real and has practical uses. He clarified that his earlier comments were made out of concern for investors, noting that he never intended to dismiss the potential of blockchain innovation. Despite his apology, he emphasized that he remains skeptical about Bitcoin’s long-term value and viability as a currency.
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Financial expert believes that Ripple's XRP is positioning itself for trillions, not just billions, despite recent narratives on Western Union choose solana rather rhan XRP Ledger. They argue that XRP’s infrastructure and partnerships place it at the center of a global payment system overhaul—one that could disrupt far more than just remittances. While Western Union and other similar incumbents are pivoting to stablecoin on other blockchain solutions, XRP’s ledger and settlement model aim for deeper integration across traditional financial rails and cross-border settlement. According to the expert, this makes XRP’s use-case far broader than the limited scope often discussed in crypto circles. #cryptonews #ripple #xrpnews #FutureOfFinance
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nice one
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Ripple’s CTO DAVID SCHWARTZ, just clarified why the XRP token has a fixed supply of 100 billion tokens instead of 1 billion, stating that the number was chosen for reasons like divisibility, ease of human comprehension, and fitting into a 64-bit integer system. He explained that the supply cap is built into the token’s code and cannot be increased: “There is literally no function to create any more XRP. … The code to do such a thing does not exist.” This underscores the fixed-supply nature of XRP and suggests its inflation rate is effectively zero (and even slightly negative due to token‐burning for fees). The clarification comes amid investor questions about XRP’s circulating supply versus total supply (65 billion in circulation vs. 100 billion cap). By making the reasoning public, Ripple aims to reduce confusion around tokenomics and strengthen narrative around long-term utility rather than speculative minting. #cryptonews #ripple #xrpupdate #DavidSchwartz
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