XRP, DOPE, FINANCIAL INSTITUTIONS AND CURRENCY
This article is not meant to go deep into details it is meant to touch the surface and help you start your research to guide you on your steps forward.
Do you know anything about crypto currencies? If not it has been around for almost a decade now. There was a movie that was produced about how crypto currencies would be the future of the world. The name of that movie is Dope; information on the movie is provided below. In the movie the young man started selling drugs in order to create a source of income. How he got paid, was through the internet VIA bitcoins. In this same movie they clearly stated that they believed that crypto currencies would be the future for this world. Fast forward and here we are today with XRP being presented as the new financial way of banking for everyone. If you have not heard it is time for you to do you research to gain information on what is taking place around you.
With bitcoin on the rise and making its impact in this world more people are finding it easier to do business transactions, send and receive money without the government monitoring their every move and the dollars that they are spending. Most people who use bitcoin they like the fact that they are not regulated by the federal government. They appreciate the freedom that they are able to have within this system. Many say that people are losing money in crypto and that crypto is not safe, however where is your money safe? How does your financial institution treat you when it comes to your money and you spending your money? There are limitations on you and your finances. When transferring 10,000 dollars or more they have to alert the IRS. When you want your money out of your account what are the issues that you incur? When you are shopping and spending too much they may place a stop on your account and alert you that it could be fraud. I am not saying these are always bad notification, but how does it hinder your day or life at this current time? When you are doing a transfer sometimes they request you to come in to verify that it is you and here you are frustrated because you are unable to truly manage your money in the way that you want to. There are so many that is against Bitcoin but bitcoin has been helping many in the way that works for them. Their will always be issues in any system the question is what are the issues that you want to deal with when it comes to your finances?
OPEN ROAD FILMS | RELEASE DATE: JUNE 19, 2015
Summary: Malcolm (Shameik Moore) is a geek, carefully surviving life in The Bottoms, a tough neighborhood in Inglewood, CA filled with gangsters and drugs dealers, while juggling his senior year of college applications, interviews and the SAT. His dream is to attend Harvard. A chance invitation to a big underground party leads Malcolm and his friends into a gritty adventure filed with offbeat characters and bad choices. If Malcolm can persevere, he'll go from being a geek, to being dope, to ultimately being himself.
Many may be aware and others may not be aware however the current President Biden has made the initiative to support the transition from paper currency to digital currency. Most of the banks have already started the transition for the government to create this digital currency; because most banks answer to the federal government they do not have a choice but to join the the shift that is taking place. You have seen Elon Musk speak about his DOGE coin as a way of currency, now you have the government rolling out their digital currency. Whether you want to accept it or not many things within this world is changing. The currency that is being put into effect will affect you more than you may know. Every dollar you send will be tracked and accounted for, you will have less and less control over your money. As the times change and technology develops are you in-tuned with it or are you just scratching the surface on what is taking place?
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