Government documents from 2014 refer to XRP
Gesara.news » News » Government documents from 2014 refer to XRPNews 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.
Basically every usable currency around the world today is a fiat currency.
The U.S. dollar has been fiat since 1971.
Fiat money is a currency that is declared money by decree-not by the marketplace.
Though some fiat currencies were once backed by commodities, they are now only backed by the legislative power of the government issuing them.
The directive removes 11 high-profile advisors from the Defense Policy Board, including former Secretaries of State Henry Kissinger and Madeleine Albright; retired Adm. Gary Roughead, who served as chief of naval operations; and a onetime ranking member of the House Intelligence Committee, Jane Harman. Rudy De Leon, a former chief operating officer at the Pentagon once considered by then-Defense Secretary James Mattis for a high-level policy role, will also be ousted.
Sources: twitter.com, foreignpolicy.com
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