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Everything posted by mandelbaum

  1. Ripple is here to create a dent in the universe, not a sparrow-fart over the Atlantic Ocean. A massive pool of instantly available liquidity that will make payments frictionless from and to any entity on the planet. It is still only 2019. Think 10 years in the future, and then potentially 4000 years of Drops being burnt every ms for transaction costs. Burning a massive part of the supply in one go will not bring stability, only short term gains for speculators. This is not a Mickey Mouse ledger, it is the standard.
  2. I have been following the scandinavian payment provider Klarna for some time. They have had massive success in Europe over the last few years, and are entering the US currently. Buyng shares of this Bank/provider would give a massive reach. Snoop Dog is an investor in this company BTW. This could be up Ripples alley. https://en.wikipedia.org/wiki/Klarna
  3. Sorry, I dont really know. They are located in Wilmington, but as we all know the regulatory environment in this field makes Gauge theory look pretty straight forward.
  4. Circle owns Poloniex, and Goldman Sachs has invested in Circle.This is good (and a bit surprising) news.
  5. https://www.reuters.com/article/us-northkorea-cyber-un/north-korea-took-2-billion-in-cyberattacks-to-fund-weapons-program-u-n-report-idUSKCN1UV1ZX Dragging their behinds on regulations isnt helping, is it.
  6. Issuing SDR on the XRP-ledger and settling it with XRP within 3 second to the recipient isnt really a problem. The SDR would be rated value just like any other currency traded on the ledger. One SDR is the valued as the average of 5 currencies; USD, CNY, EUR, Yen and GBP. The member country which is the recipient is obligated to put twice the value in their own currency at the IMFs disposal. The XRP ledger is perfect, not easy to corrupt or swindle.
  7. They migh simply make their own ledger with their own native token "Fedcoin" based on the XRP-ledger/Stellar model for domestic use. Interledger Protocol is the key here. If these banks can get a rate for international payments through the same API/connecion; Ripples global network, that is currently being built with corridors with instantly available settlement in every country for a fraction of the price of others will flourish.
  8. https://bithomp.com/explorer/rwYbann3m28vxtkFjW2CUBYnM5BnzqFaqJ Moving around funds, does not seem to get much traction though. 15-20 transactions of 12 drops in fees, then suddenly 6-7 000 drops in fees. BTW: @nikb @JoelKatz This wallet has been sending microtransactions to Coins.ph for a very long time: . https://bithomp.com/explorer/rAPERVgXZavGgiGv6xBgtiZurirW2yAmY The fees seem to impact whatever this is quite a bit.
  9. Here we go: https://bithomp.com/explorer/r3Yz2GnQWuQw4QuotGeSgvLnBg38jxPEgx
  10. Two words: RICO act. This idiot has already comitted a crime by putting this out there, and made it a lot worse for themselves by telling others to participate.
  11. The Readme file (updated last month, june 14th) is very interesting. It mentions project Ubin. https://github.com/corda/corda-settler/blob/master/README.md XRPs and SWIFTs testnets are the only ones mentioned.
  12. https://www.okex.com/ has ALV listed. Edit; wrong coin.
  13. One Indian Rupee is currently worth 0.014 USD. Could be some confusion with Rupees as WazirX is an Indian exchange? This exchange is also in beta.
  14. I could be wrong, pure speculation, but I think this might be Global headquarters of McDonalds in Oak Brook Illinois. That is the place where the famous Hamburger university is also located.
  15. Wall Street Journal: https://www.wsj.com/articles/ripple-to-invest-up-to-50-million-in-moneygram-11560803556?shareToken=st4835cea121de40bc8252e4954471cd74
  16. We heard Brad Garlinghouse talk about Ant financial and their plans for the US on stage a few weeks ago together with the CEO of Paypal. If this is true it smell of politics, global politics. Tradewar is heating up and competition is trying to push in because the internet is borderless. Ripple suddenly going from being a software company to buying Moneygram - the world second largest remittance provider. That would be crazy. Simply dont believe it until I see it. Goes against their role of delivering the rails and carts, not what is put in the carts.
  17. This is very sad news. Rest in peace.
  18. The exchange called changenow.io should probably be alerted so they can take action if these are stolen funds.
  19. SWIFT does not have the money to buy out Ripple the company. The banks who hold the nostro/vostro relationship all over the world that SWIFT delivers services for are the ones with the money. The valuation of Ripple the company without the XRP it holds is in the Billions of dollars range. SWIFT is valued at a few hundred million Euros.
  20. Very interesting. BIC (Business Identifier Code) is the same as SWIFT codes. Really? Going back to that nightmare? Did someone say; on demand liquidity?
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