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  1. I am not sure what you are referring to when "do you think this just happens over night?". Building user base, increase revenues, etc.? Advertising models like Google are estimated to make $6 a month per user: https://www.marketingcharts.com/advertising-trends-77000. This is just one internet resource. How will Coil scale to provide enough revenue to offset advertising losses for all internet content creators? Google is obviously taking a chunk of the $6 per user revenue. But, consumers will have to pay at least a few dollars for each internet site to offset not relying on advertising. In your example, TV heavily relies on both subscription/monthly fee and advertising models. Which I agree Coil can be successful with a hybrid approach. I argue they will not be successful with a business model of being an alternate to advertising. I do agree with the gaming sector as a use case. We have already seen a lot of success with mobile games and microtransactions (even though some hate this). If done correctly, I believe Coil can be huge in the gaming sector.
  2. I am not positive what majority you are referring to? Are you debating 2+ billion internet users will be paying $30+ a month for Coil so they can use the internet with out advertisements? I am debating there will be a small percentage of internet users that will justify this amount of money to use the internet with out advertising. I would agree there is a small market for pay as you go solution. But, this is a minority. Majority of the content creators and internet users will utilize the business model that provides greatest revenues at least costs to consumers.
  3. How will the net result be paying less for better content? Talented content/writers are going to gravitate towards using business models that generate the most revenue for them. Other threads have already compared the revenue generated from $5 Coil subscription models vs advertising. Advertising is brining in significantly more money for content creators. Top content creators on sites like Twitch and YouTube are brining in millions of dollars a year from advertising. Coil $5 subscription so far as shown to not be able to get any where close to revenue from advertising. Talented writers and content creators are going to stick with using business models like advertising, as long as it generates more revenue for them.
  4. This business model is looking dumber as we move forward. Looks like they are using $100 million (primary raised from selling XRP to retail investors) to fund these initiatives over next ~ 5 years. So what happens when this $100 million dries up, how are they gong to legitimately get a business model that will support content creators to use Coil, rather than advertising alternatives like Google? In 5 years, how is a web monetization model going to compete with advertising models that currently generate over 5X the revenue? Majority of internet users are not going to be paying 5x+ out of their pockets to make up for no advertising. Mozilla is a dying web browser. One of the many broken business models and businesses Ripple has invested in lately: https://fourweekmba.com/how-does-mozilla-make-money/. Mozilla is getting destroyed by Google Chrome. Which is ironic that Google Chrome recently dominated the market, while organizations like Coil and Mozilla are claiming the current advertising model is broken and not what consumers want. I am pretty sure Google's revenue and customer base in the last few years proves this wrong. Mozilla is trying to push an alternative to add based content. From my understanding ~95% of Mozilla's revenue comes from license agreements from Google (formally from Yahoo). Which Google and Yahoo are raising funds for Mozilla, based on advertising revenue they generate for having Mozilla use their search engines by default. So Mozilla is trying to say the current model is broken, that generates ~95% of their revenue? Even if they are right, then they are going in direct completion with Google. Good luck with partnering with them in the future. For the sake of XRP, hopefully I am proved wrong in the future.
  5. Asking Ripple if they control the price to some degree is too vague and has too many variables, to get a clear response. Ripple does not have full control over the price, if they had full control they would simply increase the price. Becoming the wealthiest individuals and organization in the world without any effort. Ripple does currently have control to impact and potentially manipulate the price of XRP. This is clearly evident based on factors like: Laws of supply and demand- Ripple has half of the supply of XRP. Their decisions on when and how to sell does impact XRP prices. Ripple has taken many strategies in the past to control the impacts of price of XRP when being sold on the market- Examples like Jed's sales, escrow, adjustment of XRP sales in Q2 2019, etc. Ripple is actively initiating many strategies to improve the utility and value of XRP (to increase XRP trading price in the future). Hopefully Ripple does not intentionally manipulate the price of XRP in the future (at least not to a lower trading value). Their actions in the past and future will continue to impact and have correlations to the trading price of XRP. I also agree, Brad's comment on whale's controlling price of bitcoin was not a good choice for making his point. It is well known Bitcoin whale's actions impact and manipulate the market.
  6. We would need to further define what exactly is "decentralized". Even after defining, being decentralized will most likely not be a black and white concept. Rather there will be some areas that are more "decentralized" as compared to other areas. Technically, XRP has a infrastructure setup to support decentralized growth. There are other non technical factors that impact if XRP is truly decentralized, when considering the broader definition of decentralization. When looking at current state with Ripple and XRP, I would say there is still a lot more work to be done before being very decentralized. Ripple has a large percentage of XRP and will continue to in the next few years. The success in the next few years are going to be heavily correlated with Ripple's decisions of selling XRP and where to invest these funds into projects. The next few years for determining XRP success, will primarily be based on Ripple's decisions and not other stakeholders. Most other stakeholders like institutions and retail investor will have very little direct control over these success factors in the next few years. Based on this I would say XRP has at least a few more years, before XRP is truly more decentralized, as compared to being more centralized.
  7. Stefan is so contemplative because he is still learning how things work in the industries (payments, advertising, etc,). He is going to run into a lot of roadblocks and realizations over the next few years. His original hypothesis on why payments are expensive and suck was arrogant. As well as borderline stupid to have this hypothesis with out first having a basic understanding on why the middleman exists. His whole business model states Coil being an alternate to advertisements and subscriptions. Then he contradicts both of these alternatives. He talks about great opportunities for advertisers to leverage web monetization. As well as Coil currently using $5 coil subscription model. The paragraph on the browser and Coil intelligently automatically deciding how to spend the $1 of the user's money to bypass the paywall, is nonsense. Either he is a genius and I can't comprehend this logic or this doesn't make any practical sense. Based on the above bullet points, I am leading towards this being nonsense. He clearly doesn't know how and why the advertising industry exists. He is going to run into tough lessons learned, just like he did in the payments industry.
  8. You will need to provide additional evidence and clarity for this to be on topic. I am not sure how your Mom's example relates to the topic. Also, you would need to provide additional evidence leading to why Ripple and Dharma have an open NDA on XRP development. Brad mentioned the Dharma example on his tweet, on his own doing. Dharma also went out of their way to reply they are not actively working on XRP. Are you trying to come to a conclusion that Brad's and Dharma's tweet are just a conspiracy and they are really working on something else behind a closed NDA? This sounds insane, so hopefully it is not the case.
  9. Based on reading Dharma's website and their twitter reply, it seems like that is the most likely case. If this ends up being true, then this would make Brad's comment false and misleading when referring to Dharma:
  10. If you are referring to Automobile industry, when you mention "Car Industry" in this scenario, then yes that would be misleading. This seems like another scenario where posters are making up new terminologies for terms, that are not formally accepted (example: when people say XRP owners are not investors). See the following: https://en.wikipedia.org/wiki/Automotive_industry. Noting this exclusion, then clearly creating roads and traffic management are not included in the automobile industry. Now see road and highway construction industry: https://teamcoact.com/learning-center/construction-industry-trends/. Creating cars vs. construction for roads and highway are two very different things, formally broken down into different industries. So this would be a great example of being misleading. The same can be applied to XRP. XRP is a cryptocurrency utilizing blockchain concepts. Since XRP has as trading market value, it can literally be exchanged for fiat for anything else of value. If XRP investors do not follow the goals communicated from Ripple on Xpring like "Every entrepreneur will use the digital asset XRP and the XRP Ledger", rather they just sell XRP for funding to work on non XRP/XRP Ledger initiatives, then this is misleading. Now what confuses me more in this example, on Dharma's website this is mentioned in the What is Dharma Section (https://www.dharma.io/faq): Are they actually working on this functionality? Will this include integration with XRP? Another section says this for their upcoming v2. So is the funding provided by Xpring actually being used to help integration with XRP? Sounds like other coins like USDC, DAI, and Bitcoin are in the development plans, but no evidence of XRP. Clearly between Ripple and Dharma, one of the two parties is not aware of the initiatives being worked on that relate to XRP.
  11. Based on the information gathered so far, this is not looking good for Ripple. People have been voicing their concerns about XRP being sold to proactively help the community, accuracy of information from Ripple, and upcoming lawsuits. Then Brad reacts by posting an emotional FUD bashing twitter post without proper fact checking in attempt to address these concerns. Which Brad's comment and Xpring's business goal ends up having conflicting information with Dharma's twitter reply with them not actively working on XRP related features. This is all occurring while there is literally an open in progress class action lawsuit against Ripple based on concerns like noted above: https://static.coindesk.com/wp-content/uploads/2019/08/716bee37-e45e-41d2-a4e1-2d966015a277.pdf. This lawsuit is directly referencing to past twitter posts like the above example that are misleading or false. Which the lawsuit has been updating their case as new examples come out, including the last amended details being on 8/5/19. Totaling ~40 examples so far of twitter posts being referenced. There are a lot of loyal fans that enjoy seeing Brad post on twitter. Everyone is prone to making mistakes at times. But hopefully for the sake of Ripple and XRP community, Ripple's board of directors step in to make a correction action to prevent problems like this from happening in the future.
  12. This is a false statement that I often see people posting. See the definition of investor: https://en.m.wikipedia.org/wiki/Investor. If a XRP owner purchased XRP with expectations of future financial return, by definition they are investors. People may be mixing up investor vs. shareholder terminology. Owners of XRP are not shareholders of Ripple, unless they own Ripple stocks.
  13. I am hoping this type of strategy is applied to the American market as well (directly by Ripple and/or through Ripple's partners). I am much more impressed and confident in SBI's actions lately as compared to Ripple's. SBI is proactively building real trust with all of their stakeholders, while Brad is resorting to tactics with bashing concerned stakeholders via twitter posts, further stirring up arguments between loyal followers and concerned stakeholders:
  14. 1) What Coil is today is pretty different on what they want to be in the future: Coil today: Recommend to read on their website for high level details: https://coil.com/about/. Customers pay $5 monthly subscription. In return, they get exclusive access to premium content if subscribers only flag the content for Coil subscribers to have access. The $5 Coil subscription is then evenly distributed to sites that are visited that have Coil plugin enabled. Current business model is flawed. At this time they probably only have a few thousand customers. The revenue generated from $5 subscription is so minimal, that it generates no way near as much as revenue from ads. Which is where their business model fails, because they are targeting to be a alternative for ads (which currently isn't happening). Coil in the future: Recommend to read Hodor's blog on this topic: https://coil.com/p/Hodor/The-Big-Deal/rVb7l8ang. There are a ton of huge opportunities, where XRP could be used in micro transactions through online/digital experiences. If even a few of these become mainstream, XRP usage and demand would sky rocket. These high level Coil goals are extremely vague at this time. No concrete details, business model, actual development, pilots, etc. Very risky and most of these have low chances to be successful (based on current known information). Future Coil needs to resolve or get rid of current Coil business model. Pigeon holing Coil as an alternative to ads, will cause it to get destroyed by ad revenue options (Google, YouTube, Twitch, etc.). 2) On a high level, because they have to in order for them to actually get funded. They have received some tradition funding so far- Ripple does have private investors funding their business at this time. Coil did get 20 million crowd funded from Imgur. These XRP specific projects are high risk with little/to no evidence of ROI for most investors. Most investors would rather stick with SEC investments that have lower risks and/or better opportunities for ROI. No normal investor in their right mind would give Coil ~$265 million at this time. Way to risky, revenue way to low, customer base way to low, flawed business model, etc. XRP funding gives Ripple quicker and more direct control over funding. Lastly, funding via XRP has a ton more benefits for Ripple and their partners. They are able to sell XRP on the market (which is currently basically gathering funds from retail investors like us). There is little regulation that needs to be followed (presently). There are little risks if the projects don't add value or ROI to XRP community. Lets say Coil company burns through ~$250 in a few years, with no benefits actually created. Coil can continue running their business as normal, sell, or close. They could indirectly funnel ~$15 million into increased salaries for their job roles, then retire as millionaires with no real risks. This is of course if lawsuits and government regulations don't come into play. If they are successful with XRP projects, they will probably retire as billionaires. 3) This is a common concern area, which there is not a lot of clarity. I believe most or all community members don't fully know. My guess is that Ripple plans to take a small parcentage of the 1 billion XRP and give them to Coil (for them to sell on the market) over the next few years. So maybe out of Ripple's max escrow, 50 million XRP will be going to Coil every quarter for the next 5 years.
  15. I would recommend for you to first focus on your own intelligence, before assuming others are looking dumber. A few of my opinions: I believe it is a good strategy for Brad/Ripple to formally address these concerns. So this is a positive next step. The level of details Brad has replied to has not addressed many of the core concerns in the community. At this time he has provided vague details, avoiding getting in specifics on many of the individual concerns that exists. Avoiding addressing the specific concerns, will not resolve the issues or concerns that people currently have. Hopefully these are formally addressed in the future. People have concerns on XRP being dumped that is beyond just "XRP sales". For example: employee selling, donations, and abnormal high funding for projects like Coil. These concerns have not yet been addressed. I think Brad's point on decreasing sales volume leading to lower inflation rate, re-enforces why people should have valid concerns on mass selling XRP... Brad mentioned Ripple continues to set industry standards in reporting and transparency. This is a good approach, since standards for cryptocurrency and blockchain are practically non existent in the industry. There are still more concerns on this topic, for what Ripple is not currently doing.
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