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#1740
Lance Thompson
304 Posts

Just came across this particular article and it's one that is definitely NOT to be ignored…..Central Banks are preparing their own electronic payments revolution with this ISO20022 System they're currently building which  "much of" will be adopted by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) by the end of 2022, and a complete transition into it by 2025. The author does outline the reasons why although he feels like most cryptocurrencies and Defi coins will take a hit by the implementation of ISO20022 that Ripple will thrive with the implementation of this new system.

So he's very bullish on Ripple in the future, but the article does make a strong case for why we're going to have to keep a close eye on this new system and by early 2022 it may be time to cashout of crypto, take your cash and scram…….Be very very watchful.

https://blockchain.news/analysis/iso-20022-payments-revolution-central-banks-strike-back-against-bitcoin-defi-xrp-will-boom