φXeRaPhiMφ
Photo
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.
An example of digital bearer assets: Ripple
Assets issued on the Ripple network are examples of digital bearer assets. Parties deposit currencies (or any other asset) with ‘Gateways’ who then issue an equivalent amount of that asset as digital bearer assets on the Ripple network (the same way that the Bank of England would receive five pounds of gold and issue a five pound paper note). For example, an entity may deposit pounds with Bank A, who then issues BankA.Pounds to that entity's account on the Ripple network. These BankA.Pounds can then be freely traded on the network and then presented by any other person on the network (i.e. any bearer) to Bank A in return for ordinary pounds.
Bitcoin is not a digital bearer asset
Bitcoin, on the other hand, is not a digital bearer asset. Drawing from the example above - bitcoin is the gold, not the paper notes. The only right that a person holding bitcoin has, is to send those bitcoins to other addresses on the network. Holding bitcoins does not give that bitcoin holder any rights against the issuer of bitcoins (the bitcoin protocol) or to any other underlying asset.
Although bitcoin is extraordinary in many ways, it is just a plain asset whose value is determined intrinsically, rather than by reference to another underlying asset.
Ultimately, each digital asset needs to be analysed on a case by case basis to understand what that asset represents and what class of asset it falls into. If we perform this exercise for each digital asset, it will make it easier to explain how blockchains and smart contracts are and can be used, and what the legal implications will be from such use.
Note: Although notes issued by central banks today often still carry the promise to “pay the bearer the sum of X”, it is no longer backed by any underlying asset. Indeed, exchange into gold is no longer possible and today Bank of England notes can only be exchanged for other Bank of England notes of the same face value.
Assets issued on the Ripple network are examples of digital bearer assets. Parties deposit currencies (or any other asset) with ‘Gateways’ who then issue an equivalent amount of that asset as digital bearer assets on the Ripple network (the same way that the Bank of England would receive five pounds of gold and issue a five pound paper note). For example, an entity may deposit pounds with Bank A, who then issues BankA.Pounds to that entity's account on the Ripple network. These BankA.Pounds can then be freely traded on the network and then presented by any other person on the network (i.e. any bearer) to Bank A in return for ordinary pounds.
Bitcoin is not a digital bearer asset
Bitcoin, on the other hand, is not a digital bearer asset. Drawing from the example above - bitcoin is the gold, not the paper notes. The only right that a person holding bitcoin has, is to send those bitcoins to other addresses on the network. Holding bitcoins does not give that bitcoin holder any rights against the issuer of bitcoins (the bitcoin protocol) or to any other underlying asset.
Although bitcoin is extraordinary in many ways, it is just a plain asset whose value is determined intrinsically, rather than by reference to another underlying asset.
Ultimately, each digital asset needs to be analysed on a case by case basis to understand what that asset represents and what class of asset it falls into. If we perform this exercise for each digital asset, it will make it easier to explain how blockchains and smart contracts are and can be used, and what the legal implications will be from such use.
Note: Although notes issued by central banks today often still carry the promise to “pay the bearer the sum of X”, it is no longer backed by any underlying asset. Indeed, exchange into gold is no longer possible and today Bank of England notes can only be exchanged for other Bank of England notes of the same face value.
Pretty sure that the Storm is here.
Today is June 30th.
Done in [30]. Exactly [30]
Calendar split in 2
We did this “twice”. July 1-December 31 and January 1 - June 30.
Capitol Riots on January 6th Orthodox Christmas Eve
July 6th is the mirrored Orthodox Christmas Eve
January 7th is Orthodox Christmas Which is
1/7 Tomorrow is 7/1 Mirrored
Could the Gold and Silver markets reflect that today, June 30th would be the Orthodox Christmas Eve?
6/30 = 6+3 is 9
Tesla Code 3-6-9
Also it’s +2 months exactly from May 1, which was National Law and Order Day AND it’s the day that the Illuminati was born in America in 1776
From 7-1 add 2 months
You get September 1st
Which is 9-1
Mirror is 19
19 is the # for God
10 days of darkness from 9/1 to 9/11
10. 9/1 (9+1 = 10) and 9/11 (9+1+1 = 11)
1+0+1+0+1+1 is 4 Delta.
Also 4 is 2 of the Roman Numerals that symbolize ♊️
And the 2 Gemini are JFK and DJT
5/29/1917 and 6/14/1945
“These people are Stupid”
That quote means WAY MORE than you know
- 7Q7
Today is June 30th.
Done in [30]. Exactly [30]
Calendar split in 2
We did this “twice”. July 1-December 31 and January 1 - June 30.
Capitol Riots on January 6th Orthodox Christmas Eve
July 6th is the mirrored Orthodox Christmas Eve
January 7th is Orthodox Christmas Which is
1/7 Tomorrow is 7/1 Mirrored
Could the Gold and Silver markets reflect that today, June 30th would be the Orthodox Christmas Eve?
6/30 = 6+3 is 9
Tesla Code 3-6-9
Also it’s +2 months exactly from May 1, which was National Law and Order Day AND it’s the day that the Illuminati was born in America in 1776
From 7-1 add 2 months
You get September 1st
Which is 9-1
Mirror is 19
19 is the # for God
10 days of darkness from 9/1 to 9/11
10. 9/1 (9+1 = 10) and 9/11 (9+1+1 = 11)
1+0+1+0+1+1 is 4 Delta.
Also 4 is 2 of the Roman Numerals that symbolize ♊️
And the 2 Gemini are JFK and DJT
5/29/1917 and 6/14/1945
“These people are Stupid”
That quote means WAY MORE than you know
- 7Q7
https://ripplecoinnews.com/us-payment-giant-partners-with-nydig-to-give-crypto-exposure-to-its-24m-customers/
It begins
BIII
It begins
BIII
Ripple Coin News
US Payment Giant Partners with NYDIG to Give Crypto Exposure to its 24M Customers
Despite the sheer lack of regulatory framework in the US, the crypto market continues to grow as it frequently fetches critical institutional support from the corporate sector. The partnership between NRC and NYDIG: According to a recent article published…