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Russia refused to pay in dollars $

 
Anonymous Coward
User ID: 70126793
United States
12/24/2018 11:56 AM
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Re: Russia refused to pay in dollars $
Russia should use their own fucking currency as the USD is not the only fucking world currency!
 Quoting: LaZeKnight


That's the idea. The whole world will use their own currency to settle trade. It is the leveling of the playing field President Trump has spoken of. What better way to have a level trading field amongst trading partners than to use your own currency?

Made possible by XRP, the intermediary currency.
interflug  (OP)

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Russian Federation
12/24/2018 11:58 AM
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Re: Russia refused to pay in dollars $
Using its own currency is not enough for the functioning of normal economic processes in the country.
I do not speak English, I use Google translator
storm2come
natural law always wins in the end

User ID: 77003745
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12/24/2018 11:58 AM

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Re: Russia refused to pay in dollars $
The euro is currently the second most commonly held reserve currency, comprising about a quarter of allocated holdings.

After World War II and the rebuilding of the German economy, the German Deutsche Mark gained the status of the second most important reserve currency after the US dollar. When the euro was introduced on 1 January 1999, replacing the Mark, French franc and ten other European currencies, it inherited the status of a major reserve currency from the Mark. Since then, its contribution to official reserves has risen continually as banks seek to diversify their reserves, and trade in the eurozone continues to expand.

Former U.S. Federal Reserve Chairman Alan Greenspan said in September 2007 that the euro could replace the U.S. dollar as the world's primary reserve currency. It was "absolutely conceivable that the euro will replace the US dollar as reserve currency, or will be traded as an equally important reserve currency."

[link to en.wikipedia.org (secure)]
 Quoting: PumuckI


The German mark and economy were rebuilt under the Marshall plan, the D-mark became the second most important currency mostly because US troops were paid in dollars and exchanged them for Marks, giving Germany lots of US currency to spend on it's economy. Since 1999 the euro has dragged down the Mark. and all countries will be using SDR's to determine the value of their currencies, rather that the dollar, You will Not see paper SDR's it will still be whatever currency your use to.( at least for now)
 Quoting: storm2come


Germany received far less marshall plan then the rest of western europe.
 Quoting: PumuckI


That tends to happen when You start War, the loser gets the short-end of the stick.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
PumuckI

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Germany
12/24/2018 12:00 PM
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Re: Russia refused to pay in dollars $
That tends to happen when You start War, the loser gets the short-end of the stick.
 Quoting: storm2come


That wasn't the point.
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 12:05 PM

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Re: Russia refused to pay in dollars $
That tends to happen when You start War, the loser gets the short-end of the stick.
 Quoting: storm2come


That wasn't the point.
 Quoting: PumuckI


The point is that the euro will fall( just like the dollar) because the EU took on the P.I.I.G.S. debt and socialist economies.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
storm2come
natural law always wins in the end

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United States
12/24/2018 12:10 PM

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Re: Russia refused to pay in dollars $
Key phrase: "Russia and China are preparing an agreement on mutual settlements in national currencies."

Question:
What will make settlement in national currencies for all cross-border transactions at a low cost, 1500 transactions per second, and has the support of the WTO, IMF, and has the interest of the Whitehouse and central banks around the world? Has the interest of Western Union, American Express, and R3 Consortium.

Answer:
XRP, the intermediary digital currency. XRP will steal away SWIFT System clients. SWIFT has not changed for over 40 years and Ripple will eat their lunch. SWIFT the Dinosaur to become extinct unable to evolve.

XRP ecosystem will create the Internet of Value. A new payment layer on the internet will do for money transfer what the internet has done for texting. Brought to you by the Ripplenet, Inter Ledger Protocol, and the XRP consensus algorithm it is built upon.
 Quoting: Multi-Dimensional Humanoid


Do you have a link for XRP? sounds, good but is it digital currency? What happens if a CME hits?.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
PumuckI

User ID: 77163707
Germany
12/24/2018 12:11 PM
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Re: Russia refused to pay in dollars $
That tends to happen when You start War, the loser gets the short-end of the stick.
 Quoting: storm2come


That wasn't the point.
 Quoting: PumuckI


The point is that the euro will fall( just like the dollar) because the EU took on the P.I.I.G.S. debt and socialist economies.
 Quoting: storm2come


No, we produce alot of stuff and we don't have a trade deficit.

Infact Germany alone has a bigger trade surplus than China.
storm2come
natural law always wins in the end

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United States
12/24/2018 12:14 PM

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Re: Russia refused to pay in dollars $
That tends to happen when You start War, the loser gets the short-end of the stick.
 Quoting: storm2come


That wasn't the point.
 Quoting: PumuckI


The point is that the euro will fall( just like the dollar) because the EU took on the P.I.I.G.S. debt and socialist economies.
 Quoting: storm2come


No, we produce alot of stuff and we don't have a trade deficit.

Infact Germany alone has a bigger trade surplus than China.
 Quoting: PumuckI


Germany is not the only economy in the EU, that's like Texas saying it has a trade surplus.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
PumuckI

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Germany
12/24/2018 12:16 PM
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Re: Russia refused to pay in dollars $
...


That wasn't the point.
 Quoting: PumuckI


The point is that the euro will fall( just like the dollar) because the EU took on the P.I.I.G.S. debt and socialist economies.
 Quoting: storm2come


No, we produce alot of stuff and we don't have a trade deficit.

Infact Germany alone has a bigger trade surplus than China.
 Quoting: PumuckI


Germany is not the only economy in the EU, that's like Texas saying it has a trade surplus.
 Quoting: storm2come


Italy haa a trade surplus, too.

The EU is a powerhouse.
Anonymous Coward
User ID: 70126793
United States
12/24/2018 12:21 PM
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Re: Russia refused to pay in dollars $
Key phrase: "Russia and China are preparing an agreement on mutual settlements in national currencies."

Question:
What will make settlement in national currencies for all cross-border transactions at a low cost, 1500 transactions per second, and has the support of the WTO, IMF, and has the interest of the Whitehouse and central banks around the world? Has the interest of Western Union, American Express, and R3 Consortium.

Answer:
XRP, the intermediary digital currency. XRP will steal away SWIFT System clients. SWIFT has not changed for over 40 years and Ripple will eat their lunch. SWIFT the Dinosaur to become extinct unable to evolve.

XRP ecosystem will create the Internet of Value. A new payment layer on the internet will do for money transfer what the internet has done for texting. Brought to you by the Ripplenet, Inter Ledger Protocol, and the XRP consensus algorithm it is built upon.
 Quoting: Multi-Dimensional Humanoid


Do you have a link for XRP? sounds, good but is it digital currency? What happens if a CME hits?.
 Quoting: storm2come


XRP is a digital currency created by Ripple. XRP is Number 2 in market cap. [link to ripple.com (secure)]

Regarding a CME hit: Somewhere in the world where there is a computer that is running the consensus algorithm on the Ripplenet should restore the other nodes, one would think?
PumuckI

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Germany
12/24/2018 12:23 PM
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Re: Russia refused to pay in dollars $
Maybe we can get Russia to join the EU.

They have so much oil and unsettled territory.

Let's call it Lebensraum.

chuckle
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 12:25 PM

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Re: Russia refused to pay in dollars $
Key phrase: "Russia and China are preparing an agreement on mutual settlements in national currencies."

Question:
What will make settlement in national currencies for all cross-border transactions at a low cost, 1500 transactions per second, and has the support of the WTO, IMF, and has the interest of the Whitehouse and central banks around the world? Has the interest of Western Union, American Express, and R3 Consortium.

Answer:
XRP, the intermediary digital currency. XRP will steal away SWIFT System clients. SWIFT has not changed for over 40 years and Ripple will eat their lunch. SWIFT the Dinosaur to become extinct unable to evolve.

XRP ecosystem will create the Internet of Value. A new payment layer on the internet will do for money transfer what the internet has done for texting. Brought to you by the Ripplenet, Inter Ledger Protocol, and the XRP consensus algorithm it is built upon.
 Quoting: Multi-Dimensional Humanoid


Do you have a link for XRP? sounds, good but is it digital currency? What happens if a CME hits?.
 Quoting: storm2come


XRP is a digital currency created by Ripple. XRP is Number 2 in market cap. [link to ripple.com (secure)]

Regarding a CME hit: Somewhere in the world where there is a computer that is running the consensus algorithm on the Ripplenet should restore the other nodes, one would think?
 Quoting: Multi-Dimensional Humanoid


Thanks, now I have something to do, other than argueing with "Herman the German" lol.

slaphim
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 12:27 PM

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Re: Russia refused to pay in dollars $
Maybe we can get Russia to join the EU.

They have so much oil and unsettled territory.

Let's call it Lebensraum.

chuckle
 Quoting: PumuckI


OOOOOH LOL dasbier
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
PumuckI

User ID: 77163707
Germany
12/24/2018 12:31 PM
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Re: Russia refused to pay in dollars $
Maybe we can get Russia to join the EU.

They have so much oil and unsettled territory.

Let's call it Lebensraum.

chuckle
 Quoting: PumuckI


OOOOOH LOL dasbier
 Quoting: storm2come


Resistance is futile.


[link to www.youtube.com (secure)]
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 12:40 PM

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Re: Russia refused to pay in dollars $
Maybe we can get Russia to join the EU.

They have so much oil and unsettled territory.

Let's call it Lebensraum.

chuckle
 Quoting: PumuckI


OOOOOH LOL dasbier
 Quoting: storm2come


Resistance is futile.


[link to www.youtube.com (secure)]
 Quoting: PumuckI


1rof1damned1rof1
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
Anonymous Coward
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United States
12/24/2018 12:48 PM
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Re: Russia refused to pay in dollars $
Key phrase: "Russia and China are preparing an agreement on mutual settlements in national currencies."

Question:
What will make settlement in national currencies for all cross-border transactions at a low cost, 1500 transactions per second, and has the support of the WTO, IMF, and has the interest of the Whitehouse and central banks around the world? Has the interest of Western Union, American Express, and R3 Consortium.

Answer:
XRP, the intermediary digital currency. XRP will steal away SWIFT System clients. SWIFT has not changed for over 40 years and Ripple will eat their lunch. SWIFT the Dinosaur to become extinct unable to evolve.

XRP ecosystem will create the Internet of Value. A new payment layer on the internet will do for money transfer what the internet has done for texting. Brought to you by the Ripplenet, Inter Ledger Protocol, and the XRP consensus algorithm it is built upon.
 Quoting: Multi-Dimensional Humanoid


15 central banks interested in digital currencies.
[link to www.technologyreview.com (secure)]
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 12:55 PM

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Re: Russia refused to pay in dollars $
XRP sounds great, fast settlements would mean faster stock trades, of course you would have to update day-trade regulations. The last time I checked there was a waiting period in between trades, 48 hrs. I think.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
Anonymous Coward
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United States
12/24/2018 01:10 PM
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Re: Russia refused to pay in dollars $
XRP sounds great, fast settlements would mean faster stock trades, of course you would have to update day-trade regulations. The last time I checked there was a waiting period in between trades, 48 hrs. I think.
 Quoting: storm2come


XRP is for two segments, institutional cross border transactions primarily. Liquidity pools for them. The big dogs will dictate price, as per partnerships through adoption.

Retail segment, the (tail of the dog) will have their own opportunities for XRP investments and can tag a ride on the unfolding opportunities and where the price is pulled by the big boys.
I am hopeful for 2019 as the year progresses, we see major brokerages to offer cryptocurrency products for retail investors. The paradigm shift will include the tokenization of everything. Stocks, real estate, and other investment products that will blossom for investors to find yield and opportunities for cap gains.

Cryptocurrency is a brand new asset class.

Disclaimer: My opinion as a GLP moran. Not investment advice. For entertainment purposes only.
Easterneuropean

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Czech Republic
12/24/2018 01:14 PM
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Re: Russia refused to pay in dollars $
Maybe we can get Russia to join the EU.

They have so much oil and unsettled territory.

Let's call it Lebensraum.

chuckle
 Quoting: PumuckI


OOOOOH LOL dasbier
 Quoting: storm2come


Resistance is futile.


[link to www.youtube.com (secure)]
 Quoting: PumuckI

But we sent a DNA changer – our beloved (beloved only on your territory) Muslims.

scheming
BohemianExile

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12/24/2018 01:18 PM
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Re: Russia refused to pay in dollars $
Russia should use their own fucking currency as the USD is not the only fucking world currency!
 Quoting: LaZeKnight


Actually, since the Democrats started the Federal Reserve, there has been a never ending state of War against anyone who refused to use their printing press toilet paper fiat currency.

Democrats nuked Japan for it. They set up the Bretton Woods system for it. They killed Saddam and Gaddafi for it.
“Till shade is gone, till water is gone,
into the Shadow with teeth bared,
screaming defiance with the last breath,
to spit in Sightblinder’s eye on the Last Day.”
-Aiel Oath

Let the Dragon ride again on the Winds of Time
WoT WoT! Build that RedWall


Loose Lips Don't Sink Ships ~ Qanons DEW
storm2come
natural law always wins in the end

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12/24/2018 01:38 PM

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Re: Russia refused to pay in dollars $
XRP sounds great, fast settlements would mean faster stock trades, of course you would have to update day-trade regulations. The last time I checked there was a waiting period in between trades, 48 hrs. I think.
 Quoting: storm2come


XRP is for two segments, institutional cross border transactions primarily. Liquidity pools for them. The big dogs will dictate price, as per partnerships through adoption.

Retail segment, the (tail of the dog) will have their own opportunities for XRP investments and can tag a ride on the unfolding opportunities and where the price is pulled by the big boys.
I am hopeful for 2019 as the year progresses, we see major brokerages to offer cryptocurrency products for retail investors. The paradigm shift will include the tokenization of everything. Stocks, real estate, and other investment products that will blossom for investors to find yield and opportunities for cap gains.

Cryptocurrency is a brand new asset class.

Disclaimer: My opinion as a GLP moran. Not investment advice. For entertainment purposes only.
 Quoting: Multi-Dimensional Humanoid


if trades were settled as fast as a debit card transaction, that would be great. I don't know how long it takes now, but tried my hand at day trades way back in the early 2000's. I didn't have enough capital to make a lot of money, but made enough to create a small savings acct. that came in handy when I needed it most.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
Anonymous Coward
User ID: 77228464
United States
12/24/2018 02:04 PM
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Re: Russia refused to pay in dollars $
XRP sounds great, fast settlements would mean faster stock trades, of course you would have to update day-trade regulations. The last time I checked there was a waiting period in between trades, 48 hrs. I think.
 Quoting: storm2come


XRP is for two segments, institutional cross border transactions primarily. Liquidity pools for them. The big dogs will dictate price, as per partnerships through adoption.

Retail segment, the (tail of the dog) will have their own opportunities for XRP investments and can tag a ride on the unfolding opportunities and where the price is pulled by the big boys.
I am hopeful for 2019 as the year progresses, we see major brokerages to offer cryptocurrency products for retail investors. The paradigm shift will include the tokenization of everything. Stocks, real estate, and other investment products that will blossom for investors to find yield and opportunities for cap gains.

Cryptocurrency is a brand new asset class.

Disclaimer: My opinion as a GLP moran. Not investment advice. For entertainment purposes only.
 Quoting: Multi-Dimensional Humanoid


if trades were settled as fast as a debit card transaction, that would be great. I don't know how long it takes now, but tried my hand at day trades way back in the early 2000's. I didn't have enough capital to make a lot of money, but made enough to create a small savings acct. that came in handy when I needed it most.
 Quoting: storm2come


If stocks eventually are tokenized into cryptocurrency, it would be a game changer.
storm2come
natural law always wins in the end

User ID: 77003745
United States
12/24/2018 02:09 PM

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Re: Russia refused to pay in dollars $
XRP sounds great, fast settlements would mean faster stock trades, of course you would have to update day-trade regulations. The last time I checked there was a waiting period in between trades, 48 hrs. I think.
 Quoting: storm2come


XRP is for two segments, institutional cross border transactions primarily. Liquidity pools for them. The big dogs will dictate price, as per partnerships through adoption.

Retail segment, the (tail of the dog) will have their own opportunities for XRP investments and can tag a ride on the unfolding opportunities and where the price is pulled by the big boys.
I am hopeful for 2019 as the year progresses, we see major brokerages to offer cryptocurrency products for retail investors. The paradigm shift will include the tokenization of everything. Stocks, real estate, and other investment products that will blossom for investors to find yield and opportunities for cap gains.

Cryptocurrency is a brand new asset class.

Disclaimer: My opinion as a GLP moran. Not investment advice. For entertainment purposes only.
 Quoting: Multi-Dimensional Humanoid


if trades were settled as fast as a debit card transaction, that would be great. I don't know how long it takes now, but tried my hand at day trades way back in the early 2000's. I didn't have enough capital to make a lot of money, but made enough to create a small savings acct. that came in handy when I needed it most.
 Quoting: storm2come


If stocks eventually are tokenized into cryptocurrency, it would be a game changer.
 Quoting: Multi-Dimensional Humanoid

maybe that will happen after this crash in progress, I will not be investing until it hits the market bottom somewhere at or below 18000 dow.
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
Anonymous Coward
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United States
12/24/2018 02:29 PM
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Re: Russia refused to pay in dollars $
...


XRP is for two segments, institutional cross border transactions primarily. Liquidity pools for them. The big dogs will dictate price, as per partnerships through adoption.

Retail segment, the (tail of the dog) will have their own opportunities for XRP investments and can tag a ride on the unfolding opportunities and where the price is pulled by the big boys.
I am hopeful for 2019 as the year progresses, we see major brokerages to offer cryptocurrency products for retail investors. The paradigm shift will include the tokenization of everything. Stocks, real estate, and other investment products that will blossom for investors to find yield and opportunities for cap gains.

Cryptocurrency is a brand new asset class.

Disclaimer: My opinion as a GLP moran. Not investment advice. For entertainment purposes only.
 Quoting: Multi-Dimensional Humanoid


if trades were settled as fast as a debit card transaction, that would be great. I don't know how long it takes now, but tried my hand at day trades way back in the early 2000's. I didn't have enough capital to make a lot of money, but made enough to create a small savings acct. that came in handy when I needed it most.
 Quoting: storm2come


If stocks eventually are tokenized into cryptocurrency, it would be a game changer.
 Quoting: Multi-Dimensional Humanoid

maybe that will happen after this crash in progress, I will not be investing until it hits the market bottom somewhere at or below 18000 dow.
 Quoting: storm2come


As Jim Ricards has said, the world runs on credit. (Meaning debt).

If banks don't loan money then problems begin. It would be called a liquidity crisis. Hopefully, cryptocurrency such as XRP and the exchanges can keep money flowing to where it has to go. Those that hate XRP, might re-think their position.
storm2come
natural law always wins in the end

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United States
12/24/2018 02:37 PM

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Re: Russia refused to pay in dollars $
More "order out of chaos", 1. Create crisis
2. change rules so we always win
3. repeat every 10 years.

Last Edited by Storm2come on 12/24/2018 02:37 PM
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

- Declaration of Independence, 1776
Copperhead

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12/24/2018 03:23 PM

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Re: Russia refused to pay in dollars $
Stupid fucking Richard Nixon

got rid of gold standard like a fucking IDIOT and then made friends with china the biggest fucking fail job in the history of the entire world
 Quoting: Leftfoot


Nixon sold all of our gold at $32 per oz. He ran out of gold to sell and had to close the window.
 Quoting: Pilgrim001


fuck him and everything to do with him


he was a fucking idiot
 Quoting: Leftfoot


For surrounding himself with the likes of Heinz Alfred Kissinger. I see his fingerprints all over the closing of the gold window.
lugal$

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Slovenia
12/24/2018 03:26 PM
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Re: Russia refused to pay in dollars $
Russia should use their own fucking currency as the USD is not the only fucking world currency!
 Quoting: LaZeKnight


Actually, since the Democrats started the Federal Reserve, there has been a never ending state of War against anyone who refused to use their printing press toilet paper fiat currency.

Democrats nuked Japan for it. They set up the Bretton Woods system for it. They killed Saddam and Gaddafi for it.
 Quoting: BohemianExile


bump
rosicrucian1

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Canada
12/24/2018 03:52 PM
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Re: Russia refused to pay in dollars $
Stupid fucking Richard Nixon

got rid of gold standard like a fucking IDIOT and then made friends with china the biggest fucking fail job in the history of the entire world
 Quoting: Leftfoot


He was ordered to do it then they set him up to defame him and shut him up forever.
“the devil is a foe to the blood” Prof. Minor
NickDick

User ID: 26098010
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12/24/2018 04:10 PM
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Re: Russia refused to pay in dollars $
all this switching of currencies is going to do is remove the faith people have in them - take bitcoin for example is was going fine until the split into bitcioncash and then it sank like a stone - there will soon be too many choices and that will make all the choice presented have less value then if we had just stuck with a few choices - more options = less faith by the people - this may be being done on purpose then will will all have a NEW one world currency -
Bernie Lomax King

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12/25/2018 01:54 PM
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Re: Russia refused to pay in dollars $
Lol.
They deleted the Briton travels through Russia thread.

Eta: This place is basically RT if it had forums.

Last Edited by Megexit Hate Club on 12/25/2018 01:55 PM
Unofficial member of my own hate club. I'm there in a limited capacity. :[





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