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legomaracas

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  1. @Archbob Probably not...might start slow and ramp up over time. Maybe a slight bump? So I don’t anticipate anything earth shattering price wise. Thrilled to be wrong though. With regard to volume and price...More important is network effects. That’s where the value will start to show itself. Utility is the name of the game.
  2. Big banks are not going to jump into this until the advantages of the tech are proven. It was always going to be the small and medium sized banks who would be first. Think of them as the testing ground...where everyone else is watching to see how it works, what the pros and cons are. Once they see the advantages and savings then the deluge will start. SBI is very important...it’s not small like Euro Exim, plus it has a vested interest in seeing xrp being used (hence their push with R3....which is giving them exposure to the top banks in the world)
  3. legomaracas

    Brad Garlinghouse (Ripple) and Ross Leckow (IMH)

    At 15 minutes....BG says Siam Commercial in Thailand is using digital assets...safe to assume...most likely xrp. ?
  4. legomaracas

    Ripple drop episode 6

    On the increase of xrp sales Cory says, “The buying by Wall Street institutions...up 400% quarter over quarter.” That is awesome
  5. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    100% Agree with that
  6. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    That’s a joke right? I Can’t tell sarcasm on these forums ? I mean...it’s obvious many countries and companies transact with SA & UAE. They have some of the biggest oil reserves in the world.
  7. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    OILOILOILOILOILOILOILOILOIL duh.
  8. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    Yeah...I’m not holding my breath for that. ?
  9. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    Yes...so then that would be the ILP if they don’t intend to use xrp. Does the UAE have it’s own CB crypto? If not...then they might have to use xrp. I also think it’s going to take some time for banks to get accustomed to the idea of not having nostro/vostro accounts. They’ve been doing it this way for decades....they will dip their toes in slowly and when they realize it’s working well then they will move to the next phase. Crawl.walk.run.
  10. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    I have no idea if they are listed on any exchanges...don’t even think the CB crypto is out yet? Think we’ll have to wait and see.
  11. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    I thought you could only use xrp on xRapid. But you could use btc on the ILP or any other DA. Except xrp is the cheapest fastest etc. So it should naturally default to xrp anyway.
  12. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    XRP’s purpose is to be a bridge between different currencies. Whether that be fiat to fiat or CB crypto to fiat. So each country doesn’t have to hold the others currency...yes? So XRP will facilitate that. Unless of course they’re using xCurrent here...but then the rails will be laid for later on for XRapid. Still a win in my book.
  13. legomaracas

    Saudi/UAE Digital Currency Goes Live in Q1

    XRP will be the bridge
  14. Extremely exciting....looking forward to their interactions and any potential juicy bits. Is there plans for a livestream for this? I can’t find any info on one.
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