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Everything posted by mandelbaum

  1. This is a messaging service, it does not provide liquidity. It does not move money. It messages banks to remove a number from one account and add numbers in another account. It happens quickly, yes, but it is still just a messaging service.
  2. Wow. banks can now send encrypted messages to each other in 300 millisecond over a network. How revolutionary. I have been doing this in my job since 1998.
  3. Update from Celsius Network in the weekly AMA with Alex Mashinsky on Friday august 28. They are working on supporting the utility fork because of massive demand from the XRP community. 53 minute and 23 seconds in. https://youtu.be/qRrqJbSc9QQ?t=3203
  4. Very curious about the anonymous partnership SBI announced in the slides regarding the first Japanese cypto fund. 50% XRP, 30 % BTC and 20% ETH. Should probably be some news about that coming up in the next few weeks. Page 114. https://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/200626presentations.pdf
  5. People need to calm down about these lawsuits. Coinbase has 30-50 ongoing lawsuits against them at any given time. Crypto Eri made the point in a video today that the Australian company had not renewed its trademark claim when they should have back in 2018. They have a grace period of 6 months after it runs out, and that was a long time ago. Someone suddenly noticed that Ripple had applied for the Trademark in the US, and now they have to sue because someone f*ed up. Trademark from 2016, lapsed 17 may 2018: https://search.ipaustralia.gov.au/trademarks/search/view/1804334?q=payid
  6. The trademark is still under examination by the US patent and tademark office. https://uspto.report/TM/90006723
  7. Alex Mashinsky of Celsius network has weekly AMAs every Friday. This week he commented on XRP, the massive growth of XRP moving to the platform and the future utility fork that Flare is planning. He also explained Flare the way he saw it, and its potential. His comments began at arround the 22 minutes 45 second mark. https://youtu.be/1wOZKKkhKiU?t=1378
  8. The XRP community could have a "not your keys, not your cryoto" day and move their XRP to wallets on the ledger before the snapshot. The traffic would be enormous, and the resiilience, speed and tougnhes of the XRP-Ledger would be shown.
  9. The Youtube Givaway XRP scams are back in full force. At least 5 instances popping up and reported in my list this weekend. Report them if you see them in your playlist. It is surreal to see Youtube be this incompetent.
  10. Jacob Frenkel stepped down as chairman of JP Morgan last year to lead the G30 board. https://group30.org/members/bio_current/frenkel Interesting that this comes out a year after the the Swiss central bank conference in May 2019 where Brad garlinghouse presented Ripples vision to alle the Central bankers.
  11. Counselor to the US Department of Treasury Craig Phillips at DC Blockchain summit 2019. https://www.youtube.com/watch?v=9lF2_jVa0xw Giancarlo spoke right after him. https://www.youtube.com/watch?v=1LNWOTZEOfI Ripple has been working the lawmakers for years. It is basically a script playing out now.
  12. Would be great if it was true, but the only news I can find are about another filing of a document about a motion to dismiss from Ripples legal team. August 26 seems to be the next date of interest.
  13. Tether pump from Binance seems to be the culprit this time. I can't get rid of the confusion around Tether. They simply printed Billions of Tether one night and then suddeny had a marketcap that pushed XRP down. Tether is also an ERC20 token, basically a waterpump running on a prototype of a steamengine ready to burst.
  14. BitGo has been creating custody wallets on the XRP-ledger for 3 years, they are closing in on generating 31 000 wallets. https://bithomp.com/explorer/rD4G6gtD2KwHqsRf7pcyA8r1neUzXT61ix Someone knew what was coming, Goldman Sachs invested in BitGo back in 2018. https://www.finextra.com/newsarticle/32809/goldman-sachs-invests-in-bitgo
  15. Wow, now we are talking. Smells like Judy Shelton has been pre-approved. Things could move very quickly now.
  16. This is really weird, what kind of vulnerability would allow something like this? Could it be coming from inside Twitter?
  17. Steve Wynn is the pseudonym, they guy in question was supposedly part of the MIT Blackjack Team. It is a famous story that was the base of a bestseller book and a great movie. If he really was part of that team, he does have a robust mathematical circuit controlling his views. The articles says the XRP ledgers native token was created to handle a value of 10 000 dollars, not that it ever would hold that value. https://en.wikipedia.org/wiki/MIT_Blackjack_Team Documentary about the team. https://www.youtube.com/watch?v=QflVqavHHM0
  18. New update today, july 9 2020: https://ripple.com/insights/santander-partners-with-ripple-to-bring-certainty-and-speed-to-international-payments/
  19. I would rather say: Some banks are intrigued, SWIFT is getting scared, investors will say whatever (including make up stuff and lie) to make money. Governments are confused. Ripple just keep building and see it for what it is: White noise.
  20. The page it points to look very official when you input it into the browser. A very intelligent way to spoof the official http. https://xn--rippl-n0a.com/insights/XRP-Proof-of-Keys-Ownership-and-Staking-Event If you hold the cursor on top of it or copy it into the browser it shows ripple.com instead of xn-rippl-n0a.com.
  21. Remember that Ripple is the second largest shareholder in Moneygram. This might cause some disagreements on the board of Moneygram when WU comes on with another offer. It might even be because of regulatory concerns. Ripple is a partner and a shareholder. The scrutiny if there is a takeover will be immense.This is the corporate world people. Western Union made at least one offer before, as did Alibaba back in 2018. We are also talking politics here. China is trying to disrupt Western Union and every single moving cent of the US economy. https://www.forbes.com/sites/salvatoreba
  22. Hiding money from the spouse is one thing, hiding it from a government is a completely different sort of thing. There are only degrees to how one measures anonymity from extremely low to extremely high. If one has the resources available and the framework within the law to connect someone to money it is possible to do so eventually. It all depends on what the laws of your country and the laws of the country where the exchanges and servers/VPNs you use say. For how long does the ISP store identity to IP, the seriousness of the "crime" and does law enforcement have to go through the co
  23. We still do not know what the settlement between Ripple and R3 was. We only know that R3 made an attempt at "buying" the Utility Settlement Coin project. This failed and SBI suddenly came on to the scene, made a joint venture with R3 called SBI R3 Japan through a pretty large investment in R3. R3 made XRP the first settlement Oracle with its settler application, and then Kitao became a board member of Ripple. BTW: In David Schwartz Block Stars podcast, Chris Larsen talked about meeting Yoshitaka Kitao back in 2005/2006 and they discussed digital tokens. Remember, this is 4 years before Bi
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