1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[cheek100]

The burden of proof of ISO 20022's relevance to crypto is on you, given that your such a cheerleader. Plus you've been spamming this ISO 20022 being a crypto gamechanger nonsense for awhile now.

Given how it's become part of your shtick on here, I would reasonably expect for you to be be able to:

• understand and explain it's general application, and
• relevance of it's applications to crypto, and
• pros/cons of it's potential application, and
• provide a decent rebuttal to criticisms. (one's better than "send more articles")

But if you can't do that I'm just going to assume you want to feel as though you have some special knowledge that will then lead to future financial success, despite not being able to explain why the thing you believe in has a probable comparative advantage.

It’s a new messaging format not a currency. It’s provides new guidelines for SOME of the projects that will change the way we bank. It’s not finished yet but it will be a worldwide code of sorts that all countries will follow. It’s set to go live in March 2023 for a few areas of the world, notably the UK and India.
We’re all here because we’re enthusiasts not experts.

 

[ogc163]

It’s a new messaging format not a currency. It’s provides new guidelines for SOME of the projects that will change the way we bank. It’s not finished yet but it will be a worldwide code of sorts that all countries will follow. It’s set to go live in March 2023 for a few areas of the world, notably the UK and India.
We’re all here because we’re enthusiasts not experts.

Ok, how is it a game changer in relation to cryptocurrency?

 

[cheek100]

Ok, how is it a game changer in relation to cryptocurrency?

how is it not?

 

[ogc163]

how is it not?

So you have no answer to the question, got it.

 

[ORDER_66]

WTF is going on with floki chain.. the fluctuations in price has been crazy... i dont even know if it's real or not...

 

[JJ Lions]

Not sure if this will have an affect on crypto prices tomorrow

 

[mannyrs13]

USD just dropped to mid August prices vs the yen. Down from 137 to about 133 tonight. Prolly even go lower. Don't know what affect it could have on crypto unless Japan starts buying but I doubt it.

 

[cheek100]

So you have no answer to the question, got it.

U don’t either

 

[mannyrs13]

I was thinking of the whole cbdc thing earlier and thought would banks even be necessary if it reaches that point? Since the fed wants to control everything themselves, what would be the use of all these different banks? people have the option to shop around for different rates and accounts cuz the banks offer that. but if the cbdc stands for Central Bank Digital Currency, then that must mean 1 central bank and not multiple. I see 100 banks on this list.

https://www.depositaccounts.com/banks/assets.aspx

they prolly gonna end up destroying some if not all of them especially the ones in only a few states and if there's a bank run. there would be no need for all those different banks and employees. some of these banks only showing 1 account. don't know what kind of money laundering shyt they got going on over there. i just see a lot of them getting eliminated if that cbdc thing occurs. prolly the same in other countries, don't know how their systems work.

 

[cheek100]

I was thinking of the whole cbdc thing earlier and thought would banks even be necessary if it reaches that point? Since the fed wants to control everything themselves, what would be the use of all these different banks? people have the option to shop around for different rates and accounts cuz the banks offer that. but if the cbdc stands for Central Bank Digital Currency, then that must mean 1 central bank and not multiple. I see 100 banks on this list.

https://www.depositaccounts.com/banks/assets.aspx

they prolly gonna end up destroying some if not all of them especially the ones in only a few states and if there's a bank run. there would be no need for all those different banks and employees. some of these banks only showing 1 account. don't know what kind of money laundering shyt they got going on over there. i just see a lot of them getting eliminated if that cbdc thing occurs. prolly the same in other countries, don't know how their systems work.

Na u on track tho banks are becoming useless now. Every time I’m in there all I see is lines of irritated ppl and not enough tellers. Managers are clueless and non responsive.
In my opinion physical banks will become “customer service centers”. There won’t be any cash, no vault. Just ppl to help u understand how to manage your “digital money”. Set up your “digital wallet” etc etc.

 

[mannyrs13]

Na u on track tho banks are becoming useless now. Every time I’m in there all I see is lines of irritated ppl and not enough tellers. Managers are clueless and non responsive.
In my opinion physical banks will become “customer service centers”. There won’t be any cash, no vault. Just ppl to help u understand how to manage your “digital money”. Set up your “digital wallet” etc etc.

i feel you on that. im mostly digital myself, like with zelle and cashapp and all that. and when i do need to deposit i just use the drive thru atm. as more and more people adapt, things will change. now its mostly the old generation that isn't as tech savvy but even people like around our parents age have learned and used the tech. all banks have an app too so its easier to track your purchases and balances. they prolly have call centers for the digital wallets. they already have online banks like ally anyways. speaking of, they did send me an email about rates going up to 3.25%, guess cuz of inflation. i remember it was as high as 2.25 when i was messing with them before covid and crypto. they must be desperate to get clients, same for other banks as well.

 

[null]

We’re all here because we’re enthusiasts not experts.

you should be able to read them and understand what they mean surely.

if NOT then stop making unsubstantiated expert claims like: "it's going to change everything"

 

[cheek100]

you should be able to read them and understand what they mean surely.

if NOT then stop making unsubstantiated expert claims like: "it's going to change everything"

I’m not google breh. Do your own research n hop off my dik. The information is everywhere at the moment. Stop being lazy. Why wouldn’t u take advantage of a market that’s at the bottom?
The legacy system is outdated and needs an upgrade. Digi tech makes it cheaper faster- what kind of fukking dip shyt hates on cheaper and faster.

 

[null]

I’m not google breh. Do your own research n hop off my dik. The information is everywhere at the moment. Stop being lazy. Why wouldn’t u take advantage of a market that’s at the bottom?
The legacy system is outdated and needs an upgrade. Digi tech makes it cheaper faster- what kind of fukking dip shyt hates on cheaper and faster.

stop making unsubstantiated expert claims

/the end

 

[In The Zone '98]

So you have no answer to the question, got it.

So it has to be explained to you everytime you ask. When you could just read the information when it's posted.

You are in these threads everyday, you clearly see them.

Stop being obtuse.