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About Tako
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I’m sure they will. Let people leaving their exchange be the torch that burns this light into their retina forever.
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Thanks for sharing your story, I hope you will find a solution to get your account unfrozen. I have some VET in Bitrue’s power piggy, but in light of the above I’m seriously considering getting all my tokens out of this exchange, and just forgetting Bitrue altogether.
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European Central Bank integrates RippleNet on 22-11-2021
Tako replied to Dutch_ins's topic in General Discussion
Ah, ok, I see now. I’ve never made distinction between cbdcs and cb issued digital currencies, thanks for pointing out the difference. Anyway, in that case CB issued crypto (not cbdc) may be used within target2.. -
European Central Bank integrates RippleNet on 22-11-2021
Tako replied to Dutch_ins's topic in General Discussion
You are right. “Crypto asset” is a much broader definition, but they include CBDCs imho. My logic: just as cash is an asset class in itself, crypto asset can mean any dlt based cryptocurrency, including CBDCs. Maybe my understanding of crypto assets is not correct though. Do you have another definition for it, that makes it clear that CBDCs are not included? -
European Central Bank integrates RippleNet on 22-11-2021
Tako replied to Dutch_ins's topic in General Discussion
I’m not sure this news is about xrp per se, but it is clear that target2 opens up the possibility of using crypto assets for banks. We are concentrating on xrp here, but crypto assets can also be CBDCs or crypto (xrp?) backed stable coins, like kava labs’ usdx (or eurx in this case) that would make perfect sense as a value transfer tool providing instant settlement without a central counterpart (ecb) and prefunded accounts in the Euro zone. -
The case for XRP - Marjan Delatinne @BIDE2019 March 23rd
Tako replied to VanHasen's topic in General Discussion
Was it ever confirmed that actually she said this, or was the quote just created by an xrp enthusiasts? -
As for the misterious 200M, isn’t it possible that Ripple simply bought back this amount from Jed? This way Jed could sell 200M at once (good for him) without affecting the market (good for Ripple). Win-win. There must be a point when Ripple thinks that the prices are low enough to spend some money on decreasing the obvious risk of having a renegade holding too much xrps...
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My understanding is that liquidity providers who lend XRP, or the owner of the XRP (e.g. banks, if they hold XRP for transactions) will be the ones who gain/lose on the slippage. If the sum of the transaction cost is positive, they just take it as profit. (In this case FX related cost of the transaction will be almost zero to the originator.) Otherwise, slippage will be part of transaction cost to the originator. However, do not forget, that originator will have choices, so if the loss due to slippage seems to be greater than the cost of the next cheapest transaction type (e.g. via nost
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Where there is smoke, there is fire. True, from a distance vapor generated by a fog machine can be mistaken as smoke. As all of us are distant observers, it is easy to fall for this trick. Healthy scepticism helps in not shouting fire every time, before a closer look of the source is possible, but total resistance of accepting the general wisdom (smoke=fire) can result in burn damage.
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How will the price of XRP increase when bought and sold immediately
Tako replied to a topic in General Discussion
I think we need to understand that Ripple’s XRP stack is a double edged sword. On the one hand, Ripple can use it to inject XRP to exchanges, so FIAT/XRP pairs, hence liquidity is increasing, which is an absolute must for increasing the chance of xRapid use. Whether these XRP „sales” to the exchanges are free of charge, below or above market price (or not even sales, but some sort of lending agreement) is irrelevant to the XRP market price, as the exhanges’ XRP stack do not represent a selling pressure on the market. By pre-funding exchanges this way, Ripple simply makes sure -
Great detective work! Do we know the 47 countries that are using UPU Clearing solution?
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One may say that people who developed some kind of emotional attachment to Ripple (or their investment in XRP) can be upset by a symbol that they do not feel fully representing their perceived idea/function/concept of XRP. (e.g. it is not powerful enough, it is a childish design, etc, etc) The big hoopla is therefore just an expression of these emotions. Others may argue that symbols have a very important role as an easily and "universally" recognizable, ultimately simplified carrier of complex ideas/ideologies and as such, their shape and form matters. People expressing their opinion he
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Isn't that fantastic? You can write it to look like the one above, and it will still be accepted as official. So, is it a good design, or not? ?