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Everything posted by mandelbaum

  1. Jake Chervinsky knows what he is talking about. He will probably comment when we know more.
  2. Congress Considers Federal Crypto Regulators In New Cryptocurrency Act Of 2020 https://www.forbes.com/sites/jasonbrett/2019/12/19/congress-considers-federal-crypto-regulators-in-new-cryptocurrency-act-of-2020/amp/?__twitter_impression=true Maybe we will finally get some clarity.
  3. William Stanley Jevons paradox: https://en.wikipedia.org/wiki/Jevons_paradox
  4. Not to hijack this thread, but I have been following these two accounts for a while. Anyone have any idea what this is all about? https://bithomp.com/explorer/rnHfdgNWPVZsv2WZeUhjywFLdqVqZgQCZN https://bithomp.com/explorer/rfGDefKkiNojmMV7BhBRFGfRk6XPHYpMYo
  5. So, it is official. 49 900 000 013 XRP is now in escrow from 50 000 000 013 yesterday. Good times people! https://ripple.com/xrp/market-performance/
  6. Coinmarketcap currently states 105 443 902 087, so minus 55 Billion brings the existing XLM down to 50 443 902 087. Weird, incidentally this comes a couple of weeks after the XRP supply not escrowed reached 50 Billion.
  7. https://www.stellar.org/blog/sdfs-next-steps/ Holy cow.
  8. Every form of cryptography currently in use is vulnerable to this, the entire banking system could be taken out within minutes if the mathematics of on/off and a third state of both on and off could be used in a practical setting. The solution for safeguarding against these attacks will probably come from the blockchain community, Ripples investment in universities is actually targeted at stuff like this. Now, imagine basing the distribution of assets on hashrate in this scenario (Proof of work) versus proof of consensus where you can update the algorithm of all nodes within minutes.
  9. A lot of people seem to be watching this airdrop scam currently going on: Please warn others, report it to youtube If more people report it it will be taken down. https://www.youtube.com/watch?v=KY8M7uMxo1Y The used wallet is r3LX7LNkkJDq7WXJo6acRUMyagyfKdEUYb.
  10. https://bithomp.com/explorer/GBI Looks like @BobWay activated this thing back in 2014.
  11. Uncle Craig made a booboo. Even though uncle Craig might be a fraud, there will be a massive cloud hanging over the industry of 2.5-5 Billion dollars of BTC being dumped in one go over the next years. That is enough to bankrupt all the biggest exchanges in one night when the algos kick inn. Litecoin will be dragged down with it. Why do the fudsters suddenly crawl out from under the rock? Well, the XRP-Ledger is very scary, not only because is intergrated into the most innovative Fintech revolution since humans began keeping ledgers. It actually does it a lot better. Do the founders of Ethereum invest in companies not using ERC-20 og ETH? Yes. Do the Winklewoss twins invest in companies not using BTC? Yes. Why? They want to create a new form of global financial system. So does Ripple.
  12. It is all about this thingy over here: https://en.wikipedia.org/wiki/Triffin_dilemma
  13. 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.
  14. 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
  15. 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.
  16. Circle owns Poloniex, and Goldman Sachs has invested in Circle.This is good (and a bit surprising) news.
  17. 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.
  18. 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.
  19. 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.
  20. 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.
  21. Here we go: https://bithomp.com/explorer/r3Yz2GnQWuQw4QuotGeSgvLnBg38jxPEgx
  22. 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.
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