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Raz

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  1. First time I’ve ever thought Ripple might be stretching itself thin. Just curious why they would let him go.
  2. Raz

    Q4 analysis/prediction

    Yes, but you left out the part where DS didn’t ever want it to come to that. His whole point was that Ripple has, is, and will continue to be transparent. The fact that they want us to call them out is so that they will never have to say, “Just trust me.”
  3. Raz

    Q4 analysis/prediction

    Well in May when the conference was held they didn’t even have xRapid going. Also, we’ve known for a long time that programmatic sales of XRP was footing the bill so the ecosystem could be grown. I’m more interested in how much less they rely on XRP sales at the end of the year versus the beginning of the year.
  4. Raz

    Q4 analysis/prediction

    I love this @lucky. You nailed how I feel about it as well. It’s good to have a healthy “trust but verify” in order to keep our wild minds from going down a road that can quickly make cynics out of saints.
  5. Raz

    Q4 analysis/prediction

    I just wanted to point out, from my humble perspective, that I was naturally starting to think similarly from reading the OP’s thread. You can check my post history; I’m not a FUDster. I would really like to know if the founders are offloading their XRP as well and if so, how much? Why? If it’s just some small millions, which seems the case, I get it and the natural “Who cares?” is my reaction. If it’s rather large, 100’s of millions, then my curiosity is the same as @Helmsdeep. Now, my thoughts would be how rich does anyone need to be to be content and my answer would be $200 million or slightly more. This would be how I imagine David Schwartz or anyone else on Ripple’s team to be thinking. But please know this, if they are offloading their XRP we will soon be reading headlines similar to Charlie Lee and it’s going to reverberate through the crypto sphere. I mean, just remember how amgry everyone got that Chris Larsen shot up to the top ten wealthiest people in late December. With that in mind, maybe it does make sense for them to trickle sell their tokens so nobody gets distracted when the price goes back up to ATH. After all, the 60 billion xrp that Ripple owns has been a headwind for the growth of XRP and I imagine the “that’s not fair” crowd will join in if the founders all become multi billionaires in the near future. Just my thoughts, but I’m still curious if they are selling, how much, and why.
  6. Raz

    Who is Sonny's counterparty on Bitso?

    @LordVetinari I believe that Bob’s counterparty is Mary since she is the person who is on the other side of the transaction of payment for goods Mary supplies. However, there are many people who are counterparty to each other in this scenario.
  7. Actually they can. I remember when someone accidentally set the burn fee on a transaction of xrp to something like 50,000 xrp and poof it was gone. Note, someone already stated my point. Sorry Yoda. Just wanted to leave the message so you weren’t wondering what I was saying. Have a great day my friend!
  8. If you want a modern day case study just look at what the internet did to post offices around the world. Bet nobody saw this coming in the early days of the internet. http://www.idstrac.com/Blog/the-internet-and-its-impact-on-mail-delivery-services/
  9. This thing is going to be like the start of an avalanche. It’ll be slow at first until critical mass hits and then it’s going to blow everyone away. We are fortunate to be on this side of history.
  10. My understanding is that it can still be utilized for xRapid through the multi-hop function with a bank that is located in a more pro-crypto regulated framework. It would simply require one more "hop" to get to its destination.
  11. Raz

    The impossibility of liquidity in xrp

    In some instances it does contract. Other times the currency is abandoned altogether like Weimar and soon to be Venezuela.
  12. Not trying to a contrarian here. I’m just wondering; volume seemed to be in the 200 millions a day this summer, if I’m remembering correctly, during the week and on weekends. Now it seems we have 500+ million a day on week days and 200’s on the weekends. Perhaps this is some of the xRapid volume mixed with higher amounts of trading?
  13. Raz

    The impossibility of liquidity in xrp

    I’m not sure I agree with the systemic racism part being what has kep people groups from rising out of poverty and gaining high achievement. Of course there is racism. Almost every, if not every, race and ethnicity that came to America has faced systemic racism and some more recently than freed slaves. Chinese exclusion acts, internment camps for Japanese, the war fought against Hawaii, and the racism towards them, Irish, Jews, etc. All of these groups have not had community organizers to keep them perpetually victimized. I’m not pro racism or any sort of systemic racism. In fact, I’ll be the first person to call someone out on it. Please feel free to respond but I don’t think this forum is the place to go deep on this interesting subject. It might be misunderstood by some people as promoting something horrible when no one here is. We are all on the same team when it comes to helping people out of poverty. We just disagree on the cause of poverty.
  14. Raz

    The impossibility of liquidity in xrp

    I’m not trying to discount your experiences, trust me when I say I don’t know what you went through. No one does. But I will say that a lot of what you experienced in the school is not because of funding. It’s purely because of a 1,000 reasons that all point back to school culture, leadership, teacher quality, curriculum choices, bland content, and a few others. There is a school in Massachusetts I believe that fit what you described as your experience. They got new leadership, simplified the standards to what mattered and they are one of the top performing schools. They beat out private prepatory schools. They are overwhelmingly free and reduced lunch. Teachers need to focus on growing in skill and will. They may know content but most do not have a growth mindset. I’m sorry for your past experiences and for the failure of the schools you attended. However, I’m done suppoerting schools underperforming and making excuses. It’s time they all own their student’s struggles and start performing. It’s time they focus on changing their culture. I’m pro living for my students and not just helping them exist. If you knew the students I care about then you would know that I’m all for teaching EVERY student to a high degree with high standards. And white privilege, we will just have to disagree on. There are too many factors for anyone to say definitively it’s real. EmpirCle evidence just isn’t enough for me.
  15. Raz

    The impossibility of liquidity in xrp

    Not always. You do pay millage rates, property taxes, but state legislatures, at least in Arkansas this is how it works, determine the funding per pupil, Arkansas is around $6,300 per student and more for SPED, for the whole state. The school district is responsible for collecting those millages, to the first 90%, and the state picks up any shortfalls that school districts might have.
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