@echo_x_da_truth: 💥Blackrock's CEO Larry Fink tells us we are going from a debt-based to a credit-based system. 💥 "IMF and World Bank were created 80 years ago when banks, NOT markets, financed most things. Today, the financial world is FLIPPED. Capital markets are the biggest source of private sector financing and require a different approach than the bank's balance sheet model of yesterday." "No matter how much we tax, how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical." To access these resources, they need to leverage technologies such as blockchain and DLT to tap into the credit of real-world assets (RWA). As @_Crypto_Barbie said, #XRP will rise out of the ashes of the old system! 🔥 "Know What You Hold!!!" #usdebtclock #echodatruth #KWYH

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Monday 17 June 2024 17:49:15 GMT