Ripple (XRP) - Crypto Discussion

[Phil King]

3 minutes ago, thisintegrated said:

If they wait until they're producing all the world's e-cars, they'll be unstoppable.

Who's gonna buy $10000 self-driving cars from 'murica when you can get them for $1000 from china?  No need for license, no pollution, keep it inside the house if low on space, etc. and if you have a solar panel by 2030 then driving anywhere is 100% free.

If they genuinely will be able to produce electric, self driving cars at 1/100th the price then sure, theyd be unstoppable. 

[thisintegrated]

6 minutes ago, Phil King said:

If they genuinely will be able to produce electric, self driving cars at 1/100th the price then sure, theyd be unstoppable. 

a 10th of the price, and they will.

All you need is an e-scooter ($500) with a 3rd wheel ($30), cameras ($10), self-driving software ($0 at scale), a big half-plastic-half-glass window ($100), and a shitty $5 seat.  And there, anywhere in the country for free, rain or shine, with no license.  Attach your our own solar panel and get an extra 10 miles of range per day.  Attach a solar trailer, and never run out of power.

Edited November 29, 2022 by thisintegrated

[LordFall]

@thisintegrated China's tech sector got nerfed hardcore with the semiconductor trade war that the US is waging on them. They're severely behind in their own capacity to produce them and most of their industries are solely dependent on that to stay relevant. BRICS nations perhaps have potential over a 50-year window but their economies and politics are super unstable for the conceivable future.

The US is absolutely looking dominant economically for the next 10-20 years. 

China's tech sector also relies on corporate espionage, patent theft as well as CCP subsidy to keep an edge. As their economy becomes less centralized and their business leaders are tired of being CCP pawns this is gonna become a much less viable strategy. 

Edited November 29, 2022 by LordFall

[thisintegrated]

Just now, LordFall said:

@thisintegrated China's tech sector got nerfed hardcore with the semiconductor trade war that the US is waging on them. They're severely behind in their own capacity to produce them and most of their industries are solely dependent on that to stay relevant. BRICS nations perhaps have potential over a 50-year window but their economies and politics are super unstable for the conceivable future.

The US is absolutely looking dominant economically for the next 10-20 years. 

Dollar's at a 20 year high, and finally starting to fall.  Not gonna take that long to lose dominance.

And 10-20 years is enough time for China to make its move.