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Plato

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Everything posted by Plato

  1. ... What? Not sure I fully understand, given R3's strained relationship with Ripple (due to ongoing court case). Seems odd.
  2. Thank you, Mr. McGregor. Sorry about the L to FMM.
  3. I keep saying this... The barriers to entry are much too high for the average person. Especially considering the average person with considerable $ to spend on crypto investing is most likely 35+ years old. The most interested investors whom I know are 50+ years old. I am 25 years old, attempting to explain to these poor souls how to create 3D bank authentication for their MasterCard/Visa. Even my two 30-year-old colleagues could not figure it out on their own, and one of them is our facility's IT person.
  4. I believe the question is "why?" Why is Ripple growing at a faster rate when compared with companies with similar business models? There is no company that has had such monumental announcements in regards to mainstream adoption of its cryptocurrency. Adoption. Well, known adoption (we will never know what is happening behind closed doors; perhaps BTC will be the next world currency :-) ). That is why Ripple is growing faster. It has a use case. Supply and demand. Ripple is supplying what the fintech industry has been demanding for quite some time: increased speed and efficiency, while limiting overall friction of transactions in foreign and domestic markets. Why is Ripple growing so fast? Look no further than the leadership: - Brad Garlinghouse is laser-focused on the task at hand: building a strong framework (RippleNet) while garnering partnerships with very important and liquid financial institutions. - David Schwartz is, for lack of a better word, a genius. His work in cryptography has laid the foundation for a rock solid platform. - Stefan Thomas, with his Coil initiatives, is further reducing friction while increasing potential use case(s). I could go on and on. But we can reduce our understanding of Ripple's growth to leadership.
  5. Done! Is this posted to the Reddit group, as well? Discord? I think we could get a few hundred people to send an email (at least!).
  6. Here we go, friends. We all knew it would happen. Some of us may have gotten scared and backed off and/or sold a position. But we knew, deep down, these plans would come to fruition. Ripple is on the cutting edge of financial technology. In my humble opinion, there is no better investment at the moment (not financial advice—just my opinion). I, for one, am very excited to be here with you all as history unfolds. Cheers to a fantastic year (with three months to go!).
  7. Surprisingly (or maybe not), my career *is* based on words/wordplay. I would divulge more, but I want to remain as anonymous as possible, as my career involves—and relies on—the public. And while I would love to use my platform to spread Ripple/XRP love, I am sincerely concerned about someone coming after me for the zerps... It’s a crazy world out there. And people are even crazier ?
  8. 'Twas the night before Swell, and all through the blockchain Not a single person knew BG123's real name The zerps were distributed from escrow with care In hopes that Bearableguy would soon be there. The HODLers had nestled the zerps inside their cold wallets Hoping for an early Christmas, but alas, it was too soon to call it... With Bill in his suit, and Brad Garlinghouse, too(!) Over San Francisco the Ripple Man flew I sprang from my bed to see if it was true... Airdrop for me! Airdrop for you! JoelKatz was there and gave us a few! Now we're all happy; our wallets are full And if you didn't invest in 2018, you know now you're a fool!
  9. I am laughing so hard at this... Thank you for making my day.
  10. While I do understand your points, it is in his best interest to make such a statement. Bullish Q4? Better buy, buy, buy! He may possibly be using the recent spike to shift attention back to buying, thus driving customers to his platform. Just my thoughts... However, you could be absolutely correct--perhaps he knows something, given his connections! My bet, though, is that he's simply engaging in good marketing practice in order to increase personal wealth.
  11. Wow--that is fantastic. Truly seems like you have cornered a market... Good luck in expanding and franchising. Are you focused on Tex-Mex food delivery, or food delivery generally, as well?
  12. Ryan Zagone just did a fantastic job explaining the importance of coordination between regulators.
  13. How much does Jed supposedly have left? Do we know? And no, I don't think 500,000 per day is really going to affect price all that much.
  14. Once an hour. Or maybe every couple of hours. I used to wake up in my sleep to check. That hasn’t happened in a while, though.
  15. So it begins... :-) This is fantastic news. I don't think any of us are necessarily surprised--just excited that word is finally out.
  16. You are absolutely correct: Both markets are crucial. I suppose I was poking fun at the presumed interest Ripple has in our market (the non-FI market). We all—me included—seem to assume that Ripple, in 2018, cares much about whether it’s 30 cents or 30 dollars. Because, I think, Ripple is selling XRP for far less than current exchange values that we see. And I don’t think that Ripple would adjust the price, either, regardless of whether or not it was 30 cents or 30 dollars. Why? Because a financial institution who buys 1 million XRP for 20 cents is not going to simply turn around sell it on an exchange that lists at $30. Why? Contracts, I think. If not contracts, then business principle. Imagine an FI, interested in Ripple’s tech, calling them up and saying, “Yeah, we just sold that 1 million we purchased from escrow. We went straight to Binance and traded it. Can we have some more?” Ripple most likely is selling XRP dirt cheap to these FIs, and there are most likely some nice contracts to go along with said purchase. Thus, Ripple could not care less about exchange value right now. Rather, they are laser-focused on building xRapid’s usecase—exchange liquidity be damned. These are all merely theories... Who the heck knows what is going on!
  17. Of course they want it to go up! But they do not care about “market sentiment,” in my opinion. Not in such a way that they are anxiously waiting for it to hit X amount of dollars. It is a war chest, sure. But, right now, I have a feeling that it is not a source of constant exhilaration and excitement (or loathing and letdown) to check in on “market sentiment.” Not the people’s market, at least. I’m sure they DO care about that FI market, though ? Point is this: Our market—the plebeian market—is not their concern. Right now, they are concerned with moving that stuff out of escrow each month. Now, in 5 years, yes, Ripple will probably care a bit more about consumer’s “market sentiment.” Just my two zerps (or, just my very unimportant and humble opinion).
  18. Ripple does not care about market sentiment regarding XRP. They could care less about the market as we see it, I think. In my opinion, Ripple's thought process on XRP is this: "XRP only matters as a means to an end in remittance/FI domination. It will go up; it will go down. As long as we are consistently signing customers, we are good."
  19. This sounds very good for Stellar and IBM. IBM is a proven company with a strong track record. Furthermore, they have access to nearly every single major bank in the world already. Just wondering if Stellar will he utilized here...
  20. They never said it was or was not XRP. With Larsen on advisory, our chances are good.
  21. Phenomenal. Adding value and eliminating friction at every opportunity. Looking forward to the next decade and beyond. I, like most of us, envision a future in payment systems dominated by Ripple. There is very little comparable competition in this space, to my knowledge.
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