Ripple Labs is monopolizing the crypto market

Ripple Labs is monopolizing the crypto market Ripple announces CBDC Platform while MONOPOLIZING the New Banking System!!! We will have CBDCs WORLDWIDE by 2030 Sources on Twitter: Link in Bio Ripple Monopoly Agenda 05-18-23 and here's how the company just announced their CBDC specific platform to allow financial institutions to issue and create their own CBDC stable coins for those who are unfamiliar CBDC stands for Central Bank Digital Currency of which over 90% of central banks worldwide are looking to issue central bank digital currencies within the next 10 years the firm will also showcase a real estate tokenization product as part of Hong Kong's EHK d pilot all the while ripple acquires Medico a Swiss firm that specializes in digital asset custodian services for institutional investors all this news funnels out as the SEC versus ripple cases drawing to a close okay I threw a lot of news at you but what does this all mean and what am I going to do about said news first we know where society is heading cbdc's digital IDs and the tokenization of real world assets such as real estate among other things which will be issued and utilized on distributed Ledger technology the banking system is changing and firms such as ripple are leading the charge so let's take a look at their recent moves to see how they fit into the framework of this new society they just acquired Medico Medico allows financial institutions such as banks to custody or hold digital assets such as cryptocurrency i'm still digging into the company but I believe this will eventually evolve into costing NFTs as well real world assets such as real estate will be brought on chain through NFTs and as that deal is being finalized they decide to announce their Central Bank Digital Currency platform which will allow financial institutions to create issue manage control and destroy their digital asset what's interesting is that ripple built both their private Ledger and their CBDC platform on XRP but it does not require XRP to operate central banks using the CBDC platform do not use nor interact with the token that could potentially be bad news for XRP holders such as myself but there are a few things that we still don't know the main one being how does a CBDC platform interact with ripples other services such as on demand liquidity ripples ODL services utilize XRP as a bridge currency to aid in the exchange of different currencies for cross border payments their focus is specifically for institutions rather than from peer to peer transactions so again this is speculation but it could be the case where the CBDC platform is mainly for the creation and operation of the CBDC token while the on demand liquidity is still required for the transfer of payments across borders XRP will continue to have real world value which will lead to price appreciation of both ripple the stock and XRP the token so here's what I'm going to do ripple is addressing every major facet of this new society and this next financial system they are already deeply ingrained in its operations which is why I'm bullish on the company ripple and XRP the token