Ripple XRP: For The Corporate Treasurer

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  1. Criminals around the globe have been using a system called "hawala banking" , which is an underground banking system that runs trillions a year. The currency used in this system (world wide) is the us dollar.
    Say your in europe and you need to transfer money to let say Peru one will go to the underground agency hand over a certain amount of euro's after that you will get what is called a "token".
    Some one working for or with you in Peru will use the token to pick up the amount of dollars against an exchange rate that is up front agreed up.
    So the currency that is ALWAYS used for this is called the US-dollar.
    Ehhhh did we ever ban the dollar?

  2. New sub-Great Talk ….as new into All Crypto I find it fascinating, and having a flutter myself is Great Fun and Educational …Only have in on All Crypto what I can lose ..I treat it like a 5 yr Lotto ticket

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