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King34Maine

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  1. King34Maine

    If XRP was a security (good outcome)

    This response makes no sense, nor does it add to the discussion at hand!!
  2. They are already utilizing Ripple's tech in their Altitude Gateway Technology in partnership with Temenos.
  3. I was thinking about possibly picking up a few Monero, Dash, and ZCash, however, I don't see a bright future for them especially as regulations in this space begin to come into focus.
  4. King34Maine

    New sbigroup presentation 29/11/2018

    No, the burden of proof resides with you since it is your claim that Ripple is somehow being adversarial towards Coinbase etc. They (Ripple) haven't had any issues getting listed on any other exchanges of late. Matter of fact, exchanges have been falling over themselves to list XRP. So, Ripple being the issue, I think not!!!!
  5. King34Maine

    New sbigroup presentation 29/11/2018

    Again, I ask you to present PROOF of this "childish bickering stagnating XRP adoption!!!" All you have stated are your own unsubstantiated claims about what they are/aren't doing to promote xRapid use.
  6. King34Maine

    New sbigroup presentation 29/11/2018

    This was not Cuallix, this was Western Union. It just says that due to their own current business issues, e.g. keeping staff and other fixed costs in the business they can't change to the platform yet. It's a business transformation issue, not an xRapid issue. WU is late to the game and their business model will likely be obsolete within a decade. They can’t innovate without collapsing in on themselves due to the weight of their legacy model and cost structures. Take for example Transferwise, they are a totally digital remittance platform with a small physical footprint, unlike WU which has several thousand brick-n-mortal kiosk shops around the globe that employ people to man these shops as well as maintain various treasury operations and functions around the globe. These overhead and operational costs are what's keeping/holding legacy FIs like WU back from adopting innovative platforms like Ripple at a rapid clip. If you read the article I linked earlier even the CEO of WU stated that the 10 transactions they piloted via xRapid weren't enough to truly see the benefits of xRapid. We like to talk and go on and on about the wonders of Blockchain/DLT technologies, however, there is very little talk about the displacement of thousands of jobs as a result of the efficiencies gained by utilizing this nascent technology. I'm quite sure this is on the minds of SOME CEOs of legacy FI and Banks as they grapple with the need to keep up with innovation to stay competitive while also being mindful that implementing this tech is a double-edged sword that cuts both ways providing drastic cost savings, while on the other hand results in layoffs/selloffs due to the fact that "manpower" is no longer needed as operations become automated and digitized.
  7. King34Maine

    New sbigroup presentation 29/11/2018

    XRP is the only digital asset that is utilized via xRapid. However, the XRP-Ledger and xCurrent can settle/accommodate all other digital assets, tokens, and fiat currencies.
  8. King34Maine

    New sbigroup presentation 29/11/2018

    I second what @TheXRPer there is Uphold, Bittrex, and Bitstamp!! I use Uphold all the time for easy onboarding via fiat with no issues. If they don't want to use them that's their problem. Also, how do you know Ripple is the one with the issues and not Coinbase? Proof??
  9. Actually, I rather enjoy the conversations you, @tar, and @Wandering_Dog have. I have learned a great deal from you guys even if I can't follow some concepts word-for-word. It forces me to do my own due-diligence and learn about the layered complexities of global finance and monetary policy.
  10. King34Maine

    New sbigroup presentation 29/11/2018

    I'm under no illusions, my friend. I knew what I was investing in when I purchased my first batch of XRP 2 years ago. I knew of the risks investing, not only in XRP, but all of the other digital assets I currently hold. This is a very nascent technology even though it's been around for 10 years. We are just beginning to scratch the surface and Ripple has their cannon cocked and ready to fire. Maby you are not aware of recent developments with xCurrent v4 updates. Essentially, xRapid is readily available for all xCurrent users. Again, the key hindrance preventing xRapid deployment is REGULATIONS. Lack of regulatory clarity is the Goliath that needs to be slain especially for Ripple due to the fact that 100% of their clientele are Banks and FIs. I get your frustrations, but no other blockchain company is more equipped than Ripple to manage XRP/XRP-Ledger.
  11. King34Maine

    New sbigroup presentation 29/11/2018

    To be honest, as holders of XRP, we were never promised any monetary gains. Ripple has constantly said that XRP (for their use case/business model) serves as a liquidity asset for their liquidity solution xRapid. As a by-product of it being utilized for on-demand liquidity by FIs/ Banks will result in its inevitable price appreciation. You choose to buy XRP, just as we all did, of your own volition. As you have stated XRP/XRP-Ledger is by far the best blockchain tech in this space, however, with that being said, it's still no gauarantee that we, as holders, will reap any monetary benefit. You are under the mistaken impression that by holding XRP you are thereby granted some level ownership and can make demands etc. I'm sorry to break it to ya my friend, what we hold are a few lines of digitized code of which nothing is promised or guaranteed. Now, we hodlers of XRP are betting that Ripple, who is the largest benefactor of XRP/XRP-Ledger, is going about the business of promoting the use of XRP/xRapid via their banking/FI partnerships, which they are doing. The pace at which things are progressing may not suit your fancy, but that's part of the process, particularly when such innovation has been rapidly outpacing regulations. No other blockchain company or entity is more focused on seeing their respective DLT/Blockchain tech and associative digital asset be utilized in a meaningful way that serves society as a whole than Ripple.
  12. I completely agree!!! @KarmaCoverage is beasting today. I have lots of homework to do over the weekend . I've got a 5 hours lecture series to watch, but before I can do that, I need to re-review Professor KarmaCoverage's: A Complex Adaptive Global Financial System...Topology, Fractal Scaling, and Time as leverage discussion. All I want to do is . Hope he doesn't expect my thesis/term paper by Monday!!!
  13. Thanks for sharing this video. I really hope someone can get video of Dilip Rao's presentation at the World Bank today.
  14. To @samlam's credit, I feel as if I vaguely remember seeing that 3-month timeframe before, but cannot remember or locate the source. I think "go-live" timeframes depends on the institution involved and the various due-diligence, compliance/security, and quality assurance checks required by such said bank/FI. Navin Gupta mentioned that they have seen banks connect with other banks within two weeks time. That's from initial sign-up to go-live. See: 2:24:30 - 2:25:54.
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