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Government documents from 2014 refer to XRP

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News Date: April 4, 2022

The United States Government Accountability Office:
Other virtual currencies that have been created are not based on the bitcoin protocol.
One of the more prominent examples is XRP, which is used within a decentralized payment system called Ripple.
Ripple allows users to make peer-to-peer transfers in any currency.
A key function of XRP is to facilitate the conversion from one currency to another.
For example, if a direct conversion between Mexican pesos and Thai baht is not available, the pesos can be exchanged for XRP, and then the XRP for baht.
Source: www.gao.gov

The largest tax and regulation cuts in history

Donald Trump: With your help, we carried out the largest tax and regulation cuts, by far, in American history. And they now want to quadruple tax us, and they want to quadruple, and beyond, the regulation cuts. And when we say "tax" and we say "regulation" and you say, Oh, tax cuts. That's so wonderful, - but the people in this room that are the heads of industry - you have some very powerful people in this room - they know that the regulation cuts may have been even more important than the biggest tax cuts we've ever had.
Source:twitter.com/WhiteHouse

Starlink is awesome for RV

Elon Musk's recent comment on Twitter:
Starlink is awesome for RV's, camping or any activity away from cities...
RV stands for Recreational Vehicle.
RV also stands for the Revaluation of currencies.
Ironically, Donald Trump made RV hints in a Rose Garden news conference in 2020, revealing he wants to drive around town in an RV, back to New York, with the First Lady, cracking jokes after forgetting what an RV is.
Sources: twitter.com, youtube.com

National coin shortage getting worse

The nation's coin shortage, prompted by less cash circulating as a result of Covid-19 - is getting worse.
And believe it or not, cash is still being used in 49% of payments that are $10 or below, according to a recent study by the Federal Reserve Bank of San Francisco.
The irony of the situation lies in the fact that the Fed can print trillions for bonds, but can't come up with a couple of quarters to do its laundry.
Sources:www.bloomberg.com, zerohedge.com

Israel signs security memorandum with Bahrain

Israel and Bahrain signed a historic memorandum on security cooperation.
Abraham Accords still paying dividends More countries should join!
This is Israel's second memorandum with an Arab nation.
Thanks to President Donald Trump for this initiative.
Source: timesofisrael.com

China is emerging as IMF competitor

China gave tens of billions in secretive 'emergency loans' to vulnerable nations, emerging as world's major creditor and IMF competitor.
China has shelled out tens of billions in opaque 'emergency loans' for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastructure loans.
Source: fortune.com

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