lll_lll

So the market report explains about half of the increase in the circulating supply (~500M XRP) out of 1B increase. Where is the other $500M increase coming from?

This is not true. Corda settler has nothing to do with ILP. Corda settler is production ready. ILP isn’t. On the larger issue at hand, it is a complete misunderstanding and misinterpretation of events even after multiple evidence to contrary, the speculation still goes on.

Unless Transferwise is aiming to get all the transfers in the world, this is a non-issue. Transferwise technology is proprietary to them. Ripple tech can be used by any bank to transfer to any participating bank.

I hate when people just comment reading your last sentence without reading the full context of the conversation. The example was not to show that Google is emotionally attached to their investment. It is to show that when you invest in something, you believe in it and want it to succeed.

This is news to me. ...and this.

My point is that you don't invest in something just for the sake of investing. You invest in something because you believe in it.

Did you just say that? That’s like saying I gave 10 kids so I can’t love them all.

This venture has some serious talent and money behind it. This is going to be big!!

The whole point has to do with removing the inefficiencies in the system. Banks are acting as the middle-men in the system. In the current system, they have a role to play and they take the cut of the money for their. In the new model, they do not have a role to play and the money business/people are paying currently are actually going to be savings.

Agree to disagree. This has no bearing on your initial point.

Not true. OPEC controls the supply of Oil and Oil is still considered a commodity and not stock. There are other examples but this is the most prominent one.

Ripple understands the regulatory environment and the political landscape of Europe way more than I ever could. One thing to watch out on this is the Brexit. It looks like Ripple sees London as the hub for their European strategy. We are seeing England warm up to XRP recently with more firms joining willing to use xRapid. We will see what future holds for this part of the strategy in next few months/ weeks.

It was a rhetorical question, but yes, what you have answered is my concern. We as a community focus on the shortcomings and scaling issues of BTC and ETH but we have our own scaling issues that isn't discussed much. As you have said per your understanding that this issue isn't an issue until far off on the future but the anecdotal evidence I have seen in few places where someone with credible source saying we are already there if not past the point. Technically speaking, I don't think it would be hard to determine the number of accounts where it starts being an issue. As I said above, what if in the next bull run, there are 550K new accounts added, will that effect the ledger or what if SBI VC goes live with its 23M customers and we get 2M new accounts? What effect will it have. By no means I am trying to raise an alarm. I am just trying to understand the limits of the system so that I can make an educated decision.

Why? Why doesn’t BTC or ETC care about how many accounts that can be created? Why does XRP have the reserve? It is absolutely a design choice and a trade-off. The only thing I am trying to understand is the limits of this choice because no one seems to be talking about it. Maybe it is not an immediate problem and maybe Ripple devs have figured out a solution but I’d like to understand it more.

Here you go. Here is the discussion on the topic. Basically at a cost of 5 XRP, the old account can be deleted and the remaining funds can be transferred to a new account.