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rippledigital

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rippledigital last won the day on February 9 2017

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About rippledigital

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    1st Poster on XRPChat

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    tansu

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  1. I don't think it's a good comparison personally. Amazon provides profits and dividends, XRP if anything acts more like a commodity, so maybe in future it's worth comparing to gold, wheat, oil, uranium, etc. The only thing that would change my mind on that is if holding or using XRP itself, for the average person and somewhat like a dividend-paying stock, could provide some kind of income incentive – but I am not a fan of arbitrary proof of stake type token-printing systems that provide rewards for staking/mining etc. So the only thing left is, really, what XRP should be a tool for anyway, that is: providing liquidity and rewarding liquidity providers. Where are the liquidity incentives promised years ago?!
  2. When we gaze at clouds we often see animals and faces, i.e. we tend to see what we know or imagine, not what's actually there.
  3. I felt a bit disappointed as well that this seemed like a step backwards, when compared to the idea of ILP and streaming nano-payments. Paying for a song is on the way out, the subscription model reigns currently, and the future will likely go towards minute nanopayments via the browser to "rent" content in real-time, as it's being downloaded/played.
  4. Question: is the XRP auto-converted at point of sale? If so, doesn't that hinder adoption simply for tax efficiency reasons? For example, in many western nations the conversion of crypto to fiat incurs a taxable event – a capital gain for instance. In the US I believe it is so even for trades between non fiat currencies, e.g. BTC/XRP (correct me if I'm wrong). If so, I prefer the route someone like Nexo is taking where you essentially tap into an instant crypto "credit line" in fiat, but of course, that incurs interest/fees also (although possibly lower than your tax, depending on your country, laws, etc.) I cannot understand the blurb on their website: What on Earth is TERN?! (I'm also curious about the upcoming Sologenic project, with regards to the categorisation of securities (e.g. stocks) on the XRP ledger and whether trading of them incurs taxable events or whether they represent some kind of crypto-derivative with a separate legal category (but how would dividends work, etc?).)
  5. I'm something of an "OG" I suppose, so I remember when Hodor was only a plucky young upstart around these parts! But he quickly became a staple of the XRP community and I've followed some of his blogs. Hope he's doing well, wherever he is now.
  6. I'm someone who panicked when the price dropped from highs of 0.006 to 0.003/4 during Jedmaggedon (or Armajeddon, there was even a thread on what to call it!). So... some of us old timers are not at all sensitive as we're used to bigger and badder FUD-fish than this. Anyway. No particular point, just a little perspective on FUD/doubt etc. Carry on.
  7. Lol, these crypto blogs just repeat whatever the previous one posted last week! #PumpThePrice
  8. Ugh, Zero Hedge! Every article is the same angry, paranoid, right-wing leaning libertarian, anti-gubmint, anti-FED, end of the world, trash.
  9. Well you can fit anything into what you believe. BG123 is total nonsense, there is no insider. People just see faces and animals in clouds and connect dots that are unrelated.
  10. Great coverage lately! Along with Motley Fool as well, looks like an exciting 2019 for retail investors who can stomach some risk.
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