R8102V1D2D

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  1. Toolate liked a post in a topic by R8102V1D2D in Why sell xrp to individuals?   
    So many reasons, and very good questions. A very nice analogy i wish to provide is that of the internet. when internet was starting it only made sense for Bell and similar companies to have switching networks and large bandwidth lines ... they were called loops and backbone lines. and then only loops were provided as network loop service to businesses. 

    AT&T and similar players brought some bandwidth and "licenses" as investment. many others did too. Some of them just leased it, some of them rented it, some became ISP's and some just remained investors letting other companies use bandwidth and underlying infrastructure. 
    it is only after a decade and more, small offices and others would have a full fledged corporate internet connections.... but still everything was synchronous up-link/down-link equal lines.  only slowly residential internet connections came into existence. 
    but at that time, people would ask why would a person need internet at home, just so that he can "chat" with another person on some messaging boards ? people woudl say , wait and hold on... keep that bandwidth, it is going to get costly .. as websites come online on the network and provide various services... 
    people would say websites ? what websites ? what and how much service could a virtual website provide without a real office ? come on you could not be serious right ? 
    long story short- we are where we are today .. 
    what would you do with a "bandwidth" for a new kind of internet that is coming alive - internet of value ? how could you use it really ? can you turn it into businesses ? can u turn it into services ? is it going to be at a premium ? can you use it for providing a service that needs certain "amount" of value bandwidth ? 
    I want you to take it from here, and figure things out . I can give you some examples .. check what people are already thinking of doing .. check what gatehub is doing .. check what rccloud is pulling liquidity for , especially for small payments... 
    could you provide liquidity just by holding xrp and signing up to be a provider in a pool like an exchange pool ? 
    akin to having a house that you can "rent" for an income ... and that's the crudest of all use cases .. almost everything else is a better one .. :-) 
    good luck.  R8
     
  2. R8102V1D2D liked a post in a topic by rippler in Why sell xrp to individuals?   
    Thank you.
    Good explain. .  
  3. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  4. smoothy liked a post in a topic by R8102V1D2D in Why sell xrp to individuals?   
    I think it 'can' be more fundamental then that. in other words, after a few years - just like today's internet, you will 'lease' or 'need' XRP for a certain amount of "value" bandwidth. in other words, no one would be ready to sell XRP permanently,

    >> instead only lease it monthly, yearly or longer term contract basis for those who want that for "running certain operations - example the money transfer app that you have pasted, and 100's more.... 
    >> OR be owners of such services yourself ( example start a company to provide retail payments and points of service - POS - just one example ) . 

    Please distinguish between being able to hold "Permanent" bandwidth on the value internet versus just enabling a certain service. just like water ... it can be recycled, reused and permanent - it will never be tainted, or change its properties permanently .. it will carry any value - enable services and return back to the sender after doing its job .
    best way is to think of it a value-water. you can lease it for a hospital to run ICU drip machines one day - another day you can lease it for bottling, another day for cleanign or even better you the XRP holder can yourself run and own one of these 'essential' services on the internet of value.
    the permanent and reusable factor of a vlue network is hard to grasp but that is where the 1000 time growth potential and magic lies.... those who understand before the masses will be the early birds :-) 
    hope that helps.. i can give so many examples that's going to blow the mind and each one can be worth a million dollar business at the least .. but i am going to shut up as it is the prerogative of those who take time to learn and put effort and i shoudl not dilute their efforts by exposing that effortlessly to everybody ...  
    when Chris initially described this in 2013 , In a video, i was like dumb stuck, but i was able to understand only because i was wondering about the disparity between IP Packets for information on internet and non-existence of a equivalent for value. I did think world would catch on to this at least after many years.. as in 8 to 10 years.. but i under estimated and the world has lot of talented people, and seems to be catching on very quickly. its only 2017 and i know many businesses get this and the potential clearly... 
    Kindly, R8 
     
  5. Toolate liked a post in a topic by R8102V1D2D in Why sell xrp to individuals?   
    So many reasons, and very good questions. A very nice analogy i wish to provide is that of the internet. when internet was starting it only made sense for Bell and similar companies to have switching networks and large bandwidth lines ... they were called loops and backbone lines. and then only loops were provided as network loop service to businesses. 

    AT&T and similar players brought some bandwidth and "licenses" as investment. many others did too. Some of them just leased it, some of them rented it, some became ISP's and some just remained investors letting other companies use bandwidth and underlying infrastructure. 
    it is only after a decade and more, small offices and others would have a full fledged corporate internet connections.... but still everything was synchronous up-link/down-link equal lines.  only slowly residential internet connections came into existence. 
    but at that time, people would ask why would a person need internet at home, just so that he can "chat" with another person on some messaging boards ? people woudl say , wait and hold on... keep that bandwidth, it is going to get costly .. as websites come online on the network and provide various services... 
    people would say websites ? what websites ? what and how much service could a virtual website provide without a real office ? come on you could not be serious right ? 
    long story short- we are where we are today .. 
    what would you do with a "bandwidth" for a new kind of internet that is coming alive - internet of value ? how could you use it really ? can you turn it into businesses ? can u turn it into services ? is it going to be at a premium ? can you use it for providing a service that needs certain "amount" of value bandwidth ? 
    I want you to take it from here, and figure things out . I can give you some examples .. check what people are already thinking of doing .. check what gatehub is doing .. check what rccloud is pulling liquidity for , especially for small payments... 
    could you provide liquidity just by holding xrp and signing up to be a provider in a pool like an exchange pool ? 
    akin to having a house that you can "rent" for an income ... and that's the crudest of all use cases .. almost everything else is a better one .. :-) 
    good luck.  R8
     
  6. R8102V1D2D liked a post in a topic by IAMGROOT in Why sell xrp to individuals?   
    No sir, not Dutch...Texan, born and bred. 
  7. R8102V1D2D liked a post in a topic by JoelKatz in Why sell xrp to individuals?   
    That is our hope. We would love to see broad adoption of ILP across all kinds of payments systems and stores of value. That would create a massive level playing field for XRP to compete on. The idea is to knock down all the technical obstacles to XRP bridging payments.
  8. R8102V1D2D liked a post in a topic by JohnnyRippleSeed in Is XRP technology too progressive?   
    Not to mention the current flattening of the yield curve (so crimping banks' style on the tried n true "borrow short, lend long" bread n butter).
    And there is this:
    rate hikes and $50B/month in balance sheet liquidations... just from the US Fed?!?  

  9. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  10. R8102V1D2D liked a post in a topic by vsyc in Market Conditions - June 22th, 2017 5.50 PM EDT   
    Thank you, @R8102V1D2D as was expected and many times put by you here, XRP continues to recover and get strong support!
  11. vsyc liked a post in a topic by R8102V1D2D in Market Conditions - June 22th, 2017 5.50 PM EDT   
    thats not at all stupid and very good question. yes i do weigh the "weights" and difference between BTC , USD  , KRW, JPY  and ETH ... when there is a red-sea day like today, i on purpose ignore it because it is market wide offset, and fundamental strengths always are retained ( albeit whole market takes a beating ) ..
    in other words the price difference reflecting the "qualitative" and "appreciation" differences of crypto assets are constant. as in saying ripple has been as good to BTC as it was and Ripple has been more good to ETH then it was. 
    qualitatively speaking, ripple is gaiing confidence while ETH losing.  Also relative market cap fluctuations give pretty good picture - example yesterday morning ETH marketcap was 30+ billion and today as we speak it is 24 billion :-) ... however yesterday ripple was 11.7 and today it is 10.6 .. eth confidence has evaded 10% more then ripple. this is significant.
    apart from this entire market took a beating which is pretty much the underlying constant. no bigs. with raising wave the lift will be back. 
    thanks for the followup. btw however for a very short time, btc can appreciate over ripple .. but we should ignore this "jitters" and "spike" they constitute noise ( aka: unsustainable). 

    kindly, R8
     
     
  12. R8102V1D2D liked a post in a topic by vsyc in Market Conditions - June 22th, 2017 5.50 PM EDT   
    @R8102V1D2D I do not know how to phrase this all correctly, but I will try:
    Actual stocks have value in USD and relatively, I guess, it easy perform predictions, analysis some calculations etc.
    Cryptos, depends on their popularity have both value in BTC and USD.
    When market goes down, usually it either goes down in BTC (people sell) or in fiat (BTC goes down) or both.
    In the past month, in market being bearish, XRP was going down in both, BTC and USD. But currently it pretty much stable in BTC, yes it went a bit lower, but compared with the past it is very stable.
    So try to ask question, that might be stupid, but when you do predictions do you care about this differences in behavior XRP vs FIAT, XRP vs BTC, or it really does not matter?
  13. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  14. R8102V1D2D liked a post in a topic by BDXRP in Is XRP technology too progressive?   
    @Spekul8 Thanks for your post. All I have to say is Moon!, Nah just kidding.  There are 25,000 banks globally, countries in and mostly outside the west will do anything to move away from the USD (PetroDollar) for international trade. Russia is already looking into Ethereum why do you think that is? so they can get around sanctions. http://www.roguemoney.net/2017/06/16/sanctions-accelerate-russia-cryptocurrencies/ Ripple seem to be targeting Exotic corridors because USD and EUR are already efficient and currency like RUB is not. 
    Well there are a lot of inefficient currencies out their and XRP fills that gap for various reasons, including political. If the 22,000 banks don't adopt it then payment providers will. Transferwise took 60% of the market extremely quickly due to their peer to peer technology. As soon as the ball starts rolling banks will be forced to use it or get left behind fast. This is my opinion I know it will happen, all countries/companies think differently for it not to happen. 
    If for some reason it didn't happen then Ripple will use the 16billion XRP valuation and create another reason to use it. As if they will just leave it go to zero, I am sure they will make alot more money out of XRP in the long run.
    One thing that is highly annoying - Its how vague ripple is, not actually providing the market with clarity. I would love to see an article that actually mentions XRP being used. That's all I want to see.
  15. R8102V1D2D liked a post in a topic by Spekul8 in Is XRP technology too progressive?   
    I started this thread as a concern and wanted to be challenged as well.   I am not in it to "win" rather hear intelligent arguments and other considerations. This is why I joined this forum. 
    Personally, I am growing tired of the new theme that took over the speculation topic with "to the moon" and other over enthusiastic themes. The market will spit them out anyway, whether in XRP or with other coins.  Therefore, I welcome your nice and fresh perspective and appreciate it VERY much that it is contrary to mine.   
  16. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  17. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  18. Toolate liked a post in a topic by R8102V1D2D in Why sell xrp to individuals?   
    So many reasons, and very good questions. A very nice analogy i wish to provide is that of the internet. when internet was starting it only made sense for Bell and similar companies to have switching networks and large bandwidth lines ... they were called loops and backbone lines. and then only loops were provided as network loop service to businesses. 

    AT&T and similar players brought some bandwidth and "licenses" as investment. many others did too. Some of them just leased it, some of them rented it, some became ISP's and some just remained investors letting other companies use bandwidth and underlying infrastructure. 
    it is only after a decade and more, small offices and others would have a full fledged corporate internet connections.... but still everything was synchronous up-link/down-link equal lines.  only slowly residential internet connections came into existence. 
    but at that time, people would ask why would a person need internet at home, just so that he can "chat" with another person on some messaging boards ? people woudl say , wait and hold on... keep that bandwidth, it is going to get costly .. as websites come online on the network and provide various services... 
    people would say websites ? what websites ? what and how much service could a virtual website provide without a real office ? come on you could not be serious right ? 
    long story short- we are where we are today .. 
    what would you do with a "bandwidth" for a new kind of internet that is coming alive - internet of value ? how could you use it really ? can you turn it into businesses ? can u turn it into services ? is it going to be at a premium ? can you use it for providing a service that needs certain "amount" of value bandwidth ? 
    I want you to take it from here, and figure things out . I can give you some examples .. check what people are already thinking of doing .. check what gatehub is doing .. check what rccloud is pulling liquidity for , especially for small payments... 
    could you provide liquidity just by holding xrp and signing up to be a provider in a pool like an exchange pool ? 
    akin to having a house that you can "rent" for an income ... and that's the crudest of all use cases .. almost everything else is a better one .. :-) 
    good luck.  R8
     
  19. smoothy liked a post in a topic by R8102V1D2D in Why sell xrp to individuals?   
    I think it 'can' be more fundamental then that. in other words, after a few years - just like today's internet, you will 'lease' or 'need' XRP for a certain amount of "value" bandwidth. in other words, no one would be ready to sell XRP permanently,

    >> instead only lease it monthly, yearly or longer term contract basis for those who want that for "running certain operations - example the money transfer app that you have pasted, and 100's more.... 
    >> OR be owners of such services yourself ( example start a company to provide retail payments and points of service - POS - just one example ) . 

    Please distinguish between being able to hold "Permanent" bandwidth on the value internet versus just enabling a certain service. just like water ... it can be recycled, reused and permanent - it will never be tainted, or change its properties permanently .. it will carry any value - enable services and return back to the sender after doing its job .
    best way is to think of it a value-water. you can lease it for a hospital to run ICU drip machines one day - another day you can lease it for bottling, another day for cleanign or even better you the XRP holder can yourself run and own one of these 'essential' services on the internet of value.
    the permanent and reusable factor of a vlue network is hard to grasp but that is where the 1000 time growth potential and magic lies.... those who understand before the masses will be the early birds :-) 
    hope that helps.. i can give so many examples that's going to blow the mind and each one can be worth a million dollar business at the least .. but i am going to shut up as it is the prerogative of those who take time to learn and put effort and i shoudl not dilute their efforts by exposing that effortlessly to everybody ...  
    when Chris initially described this in 2013 , In a video, i was like dumb stuck, but i was able to understand only because i was wondering about the disparity between IP Packets for information on internet and non-existence of a equivalent for value. I did think world would catch on to this at least after many years.. as in 8 to 10 years.. but i under estimated and the world has lot of talented people, and seems to be catching on very quickly. its only 2017 and i know many businesses get this and the potential clearly... 
    Kindly, R8 
     
  20. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  21. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  22. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  23. Spekul8 liked a post in a topic by R8102V1D2D in Is XRP technology too progressive?   
    I had similar fears but in 2014. by now, with so many already on-board, even if just one of them understands and adopts - its game over.
    let me elaborate, mathematically speaking, if one of 500 banks fully utilizes ripple, they would offer service at almost zero error rate, almost real time and almost very low near zero cost. far ahead of any competition and immediately start eating away others consumers.

    It is this that drives & guarantees adoption. when there is clear risk of "loosing" consumers to a better tech doing things much better at much cheaper and much faster. cannot see a single company that would see this, see eroding customer and do nothing. 

    electric car  were indeed tried in 70's, but with a battery tech that's 8 time heavy, stored 6 times less energy and upfront purchase cost 20x more then fossil equivalents. no wonder the idea died, to be born at better circumstances. 

    in my humble opinion, ripple is not just in better, but really good place circumstantially. Global gdp is squeezing, banks are having hard time increasing gains and doing everything to save costs, population is growing, security is getting scary, scaling is number 1 issue already yin inner circles and will also be the no 1 issue discussed in mainstreams in a year at most... we could have not been placed any better. almost all major company is living on share-buy-back on cheap loan life support. All central bank balance sheets are stretched out and they cannot increase that more either. all eyes are hence on cutting cost and decreasing inefficiencies... 
    I have thought about it long and deep, and woudl love yo uto negate me and make me see thigns that i might have missed. i like being pragmatic and inspite of that Ripple seems to be placed very well. 

    my 2 cents, Kindly, R8
  24. R8102V1D2D liked a post in a topic by Spekul8 in Is XRP technology too progressive?   
    There is another consideration that some may take into account. Is XRP Technology too progressive and too futuristic for the banks now?  Everyone is under the assumption that once the banks will "realize" how amazing the technology is and how cost effective it is, they will adopt it, and XRP will skyrocket.  I am not sure how many of you dealt or with big conglomerates but they are very slow moving.  In my opinion, the obstacle to XRP is people. Banks are bureaucratic, slow and NO one wants to make the decision to say "yes" because they make a lot of money as it is. Those who oppose changes are typically higher paid executive, compliance and lastly old farts that still use a Rolodex in the age of smartphones. 
    I can use a number of examples where technology that was progressive but was implemented years or decades later. in some cases,  it was never implemented because better solutions came along the way. It seems that time is not on the side of those who are progressive.