φXeRaPhiMφ
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Do you see on 3rd picture of Trump body is underwater? Next to it Trump head is on top. Just know everything been planned very long ago.
Let's play a majestic game>
Scenario for you to understand basic thinking towards critical thinking~ ViseVersa
Whats the point to have a plan?
Just in case if anything goes you're well prepared >
1913 Federal Reserve Central Banks was well planned by the Rothschilds >
Just so you know "there's light out there. There's not much light, but it beats the darkness."
We are about to replace from dark to light friend§>//10%1%
Not everyone will make it but those who follows and have ears will make it through the darkest storms.
Never again to worry about duality/ wealth but never forget where you came from or how you made it.
Think of the future ahead of you as you turn the world from greater good. There is a reason for all of this. Its a test. Perseverance > [ Reason why we see the things we see and the things we hear, reasons why you are all here. No matter where you came from from each individuals see how #XRP / #RIPPLE connected us in many ways? Either from 17 groups> Trump or non Trump supporter > but you all see evil throughout this world infinitely everyday of your daily lives. Time will be your decisions as you will know eventually deciding what to do with the wealth you all deserve through perseverance.
God bless
- 3 Accounts Mr.Loop/ ArchAngel Michael /
The One
- Banned From Twitter
Let's play a majestic game>
Scenario for you to understand basic thinking towards critical thinking~ ViseVersa
Whats the point to have a plan?
Just in case if anything goes you're well prepared >
1913 Federal Reserve Central Banks was well planned by the Rothschilds >
Just so you know "there's light out there. There's not much light, but it beats the darkness."
We are about to replace from dark to light friend§>//10%1%
Not everyone will make it but those who follows and have ears will make it through the darkest storms.
Never again to worry about duality/ wealth but never forget where you came from or how you made it.
Think of the future ahead of you as you turn the world from greater good. There is a reason for all of this. Its a test. Perseverance > [ Reason why we see the things we see and the things we hear, reasons why you are all here. No matter where you came from from each individuals see how #XRP / #RIPPLE connected us in many ways? Either from 17 groups> Trump or non Trump supporter > but you all see evil throughout this world infinitely everyday of your daily lives. Time will be your decisions as you will know eventually deciding what to do with the wealth you all deserve through perseverance.
God bless
- 3 Accounts Mr.Loop/ ArchAngel Michael /
The One
- Banned From Twitter
❤1
Bearer assets
To examine the nature of a bearer asset, let’s start with a non-digital historical example. Starting from the late 17th century, traders would deposit silver or gold with the Bank of England. In return, the Bank of England would issue a paper note which contained a promise to pay the bearer of that note the amount of deposited silver or gold (“I promise to pay the bearer of this note five pounds”). Traders could then use the paper note to perform trade and commerce, instead of using physical silver or gold.
A Bank of England five pound note could be used for trade because any recipient of the note:
had the benefit of the promise printed on the paper: “I promise to pay the bearer of this note five pounds”; and
could enforce that promise against the issuer (Bank of England) by presenting the paper note.
However, holding a paper note entitling the bearer to five pounds of gold held in a bank is obviously not the same as having five pounds of physical gold in your possession. That is, for any bearer asset we should be able to differentiate between:
the underlying asset, in this case being silver or gold; and
the bearer asset, in this case being the paper note containing the promise to that underlying asset.
The relationship between the bearer assets and underlying assets is determined by the promise between the issuer and the bearer. That is, a bearer asset is an instrument whose terms allow its bearer to make a claim against its issuer for an underlying asset.
To examine the nature of a bearer asset, let’s start with a non-digital historical example. Starting from the late 17th century, traders would deposit silver or gold with the Bank of England. In return, the Bank of England would issue a paper note which contained a promise to pay the bearer of that note the amount of deposited silver or gold (“I promise to pay the bearer of this note five pounds”). Traders could then use the paper note to perform trade and commerce, instead of using physical silver or gold.
A Bank of England five pound note could be used for trade because any recipient of the note:
had the benefit of the promise printed on the paper: “I promise to pay the bearer of this note five pounds”; and
could enforce that promise against the issuer (Bank of England) by presenting the paper note.
However, holding a paper note entitling the bearer to five pounds of gold held in a bank is obviously not the same as having five pounds of physical gold in your possession. That is, for any bearer asset we should be able to differentiate between:
the underlying asset, in this case being silver or gold; and
the bearer asset, in this case being the paper note containing the promise to that underlying asset.
The relationship between the bearer assets and underlying assets is determined by the promise between the issuer and the bearer. That is, a bearer asset is an instrument whose terms allow its bearer to make a claim against its issuer for an underlying asset.