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keybordem

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  1. Like
    keybordem reacted to OzAlphaWolf in Media finally notices that Bitcoin and Ethereum are actually VERY centralized   
    It's funny. This is exactly what I was talking about on a FB group a while back, explaining my perspective that when it comes down to it, there is no way that American commerce and money flow is going to be allowed to be at the mercy of anonymous Chinese miners. Ripple is the goose laying the golden egg and US regulators have every incentive to get this right. If they f*** it up, the consequences will be at a national security level.
  2. Like
    keybordem got a reaction from bluedalmatian in Why doesnt Ripple (or someone) develop an XRP based "PayPal"   
    Unlicensed money remitting. There's nothing keeping anyone from making a XRP type PayPal as long as they get the documents that they are allowed. Ripple got in trouble both selling and transmitting money without a license. 
  3. Like
    keybordem got a reaction from hallwaymonitor in Ripple Insights | Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature   
    The limits are more to protect capital flows in and out to protect a currency. The intermediate steps aren't the issue it's where the money is originally from and where it finally settles. The few seconds in between are no more in a jurisdiction than some email passing through several countries networks before arriving at the destination country. 
    Now I could see a state like China or the US mandating shutdowns of this service like the way swift is weaponised now to put some pressure on the international banking system if somethings not going there way. The network though appears now more than ever to be without counter party risk and easily flows like "water" following the path of least resistance. Brilliant really and kinda sad this wasn't done many years ago as globalization really took off. 
  4. Thanks
    keybordem reacted to Live4xrp in Says it all! - The night b4...   
    As the network is still new and growing rapidly, the committee makes sure RippleNet maintains efficiency as well as its nimbleness to remain innovative. You can learn more about the RippleNet Committee here.https://ripple.com/ripplenet-committee/

  5. Thanks
    keybordem reacted to curvicurvi in Ripple Insights | Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature   
    Multi hop explanation by interledger team :
     
     
  6. Like
    keybordem got a reaction from SimpleLife in Ripple Insights | Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature   
    The limits are more to protect capital flows in and out to protect a currency. The intermediate steps aren't the issue it's where the money is originally from and where it finally settles. The few seconds in between are no more in a jurisdiction than some email passing through several countries networks before arriving at the destination country. 
    Now I could see a state like China or the US mandating shutdowns of this service like the way swift is weaponised now to put some pressure on the international banking system if somethings not going there way. The network though appears now more than ever to be without counter party risk and easily flows like "water" following the path of least resistance. Brilliant really and kinda sad this wasn't done many years ago as globalization really took off. 
  7. Like
    keybordem got a reaction from retryW in Ripple Insights | Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature   
    The limits are more to protect capital flows in and out to protect a currency. The intermediate steps aren't the issue it's where the money is originally from and where it finally settles. The few seconds in between are no more in a jurisdiction than some email passing through several countries networks before arriving at the destination country. 
    Now I could see a state like China or the US mandating shutdowns of this service like the way swift is weaponised now to put some pressure on the international banking system if somethings not going there way. The network though appears now more than ever to be without counter party risk and easily flows like "water" following the path of least resistance. Brilliant really and kinda sad this wasn't done many years ago as globalization really took off. 
  8. Like
    keybordem got a reaction from jag216 in Ripple Insights | Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature   
    The limits are more to protect capital flows in and out to protect a currency. The intermediate steps aren't the issue it's where the money is originally from and where it finally settles. The few seconds in between are no more in a jurisdiction than some email passing through several countries networks before arriving at the destination country. 
    Now I could see a state like China or the US mandating shutdowns of this service like the way swift is weaponised now to put some pressure on the international banking system if somethings not going there way. The network though appears now more than ever to be without counter party risk and easily flows like "water" following the path of least resistance. Brilliant really and kinda sad this wasn't done many years ago as globalization really took off. 
  9. Thanks
  10. Haha
    keybordem reacted to GrayFox in Email from Ripple regarding Swell   
  11. Like
    keybordem got a reaction from aavkk in WSJ: Ripple Co-Founder’s Token Selloff Accelerates   
    Chris donated most of his. 
    David took a salary instead. 
    Arthur locked it up with his genesis BTC wallet. 
    The greedy one got the boot. 
    The last one went wee wee wee all the way home. 
    Ripple gives and gives so I wouldn't be worried about the big guys. Generosity and improving the human condition seems to be a very large part of their core values. 
     
  12. Like
    keybordem reacted to Deeznutz in FXChoice adding XRP   
    I had a couple of questions for them and to their credit, they did get back to me quickly. I didn't have time this morning to read the previous posts, so this may have already been discussed. They seem a little dodgy.  
    2018-09-28 09:05:01
    Hello Deez,
     
    Thank you for your email.
     
    We would be more than happy to clear things up.
     
    First of all, that's correct that Ripple is a crypto-currency platform and the currency is called XRP (Ripple Coin). Please note that we do not offer it for trading but as funding method. 
     
    Secondly, as XRP is one of the funding method, there are some deposit and withdrawal fees in general. For deposit using XRP, we do not charge any fees, but the payment system does. XRP transactions are subject to a 0.5 % fee.
     
    We hope this has addressed your question and please feel free to contact us back if you have any further question.
     
    Best regards,
     
    The FXChoice Team
    Please take a moment to rate this reply by submitting this short survey:
       Take our survey!   

    If you have any further questions or concerns, please do not hesitate to contact us.

    We hope we were able to answer your questions and\or solve your problems in a satisfactory manner. 
    Do you have time to write a short review about us? This would help us to identify our strengths and weaknesses, improving our services to you.

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  13. Thanks
    keybordem got a reaction from TheHoff in FXChoice adding XRP   
    Forex is high volume and is a legit secure market that's already institutionalized. The real value is if they use XRP in their day to day bridge trading and not just buying and holding. If XRP sources buys and sells for banks this becomes a huge node for traffic and builds liquidity. 
    The 5.1 trillion is nice and all but it's the volume that's the big deal here until the liquidity is big enough to run the billions through a transaction. Highly active market exchanges compared to our little crypto world ones. 
    If it's like Japan good luck finding the volume. Above top secret seems to be the Ripple approach to volume. 
  14. Like
    keybordem got a reaction from ImTheRippler in WSJ: Ripple Co-Founder’s Token Selloff Accelerates   
    Chris donated most of his. 
    David took a salary instead. 
    Arthur locked it up with his genesis BTC wallet. 
    The greedy one got the boot. 
    The last one went wee wee wee all the way home. 
    Ripple gives and gives so I wouldn't be worried about the big guys. Generosity and improving the human condition seems to be a very large part of their core values. 
     
  15. Like
    keybordem got a reaction from SrZerp in FXChoice adding XRP   
    Not yet. Someone reached out to them and they are exploring it possibly for later but for now it's just normal buy and sell exchange type deal.
    With that said there's now two Forex companies and SBI looking into using it in daily forex operations so fingers crossed. 
  16. Like
    keybordem got a reaction from Lamberth in FXChoice adding XRP   
    Forex is high volume and is a legit secure market that's already institutionalized. The real value is if they use XRP in their day to day bridge trading and not just buying and holding. If XRP sources buys and sells for banks this becomes a huge node for traffic and builds liquidity. 
    The 5.1 trillion is nice and all but it's the volume that's the big deal here until the liquidity is big enough to run the billions through a transaction. Highly active market exchanges compared to our little crypto world ones. 
    If it's like Japan good luck finding the volume. Above top secret seems to be the Ripple approach to volume. 
  17. Like
    keybordem reacted to ImTheRippler in 'That's propably why Swift doesn't bought Ripple YET'   
    Another thing people forget is that while XRP is an open source asset which can be copied (XLM) Ripple's software is patented and owned by the company and can NOT be copied.
     
    Maybe it's doable to make another XRP but you cant just copy xRapid or xVia or any of the Ripplenet software which makes it do the magic.
     
    They are YEARS ahead of their competition, even announcements from competition, they are announcing to compete with things that have been worked on for years.
  18. Like
    keybordem got a reaction from PhiGuy in WSJ: Ripple Co-Founder’s Token Selloff Accelerates   
    Chris donated most of his. 
    David took a salary instead. 
    Arthur locked it up with his genesis BTC wallet. 
    The greedy one got the boot. 
    The last one went wee wee wee all the way home. 
    Ripple gives and gives so I wouldn't be worried about the big guys. Generosity and improving the human condition seems to be a very large part of their core values. 
     
  19. Like
    keybordem got a reaction from Tinyaccount in WSJ: Ripple Co-Founder’s Token Selloff Accelerates   
    It is what it is and there is no need to complain. Ripple manages the wallets for him to protect XRP price and would have that interest in mind in any new agreement to buy him out or mediation of a sell to a third party. 
    We are lucky that we have a good idea who holds what XRP whether it's Jed, escrow, Chris, or exchanges. We also have a pretty good understanding of the the rules governing these funds and what people can and can't do. The XRP ledger is essentially making finances public and no longer a secret to a certain extent. 
  20. Like
    keybordem got a reaction from cryptoxrp in WSJ: Ripple Co-Founder’s Token Selloff Accelerates   
    Chris donated most of his. 
    David took a salary instead. 
    Arthur locked it up with his genesis BTC wallet. 
    The greedy one got the boot. 
    The last one went wee wee wee all the way home. 
    Ripple gives and gives so I wouldn't be worried about the big guys. Generosity and improving the human condition seems to be a very large part of their core values. 
     
  21. Like
    keybordem reacted to ripplelab in TEMENOS CEO: "You'll see some new initiatives in the next couple of days."   
    Great video, cant believe I havent seen it!
    Patrick Laurent - Partner @ Deloitte (second from the left) gave it all away.
    Deloitte specialises in Audit, Tax, Consulting, Financial Advisory, and Accounting.

    At the 40 second mark he mentions these important points:
    1. Proof of Concept will move to Production Pilots across 2017 and 2018. (2 years)
    2. Move of Assets across 2019, 2020, 2021. (3 years) ***CAPITAL MARKETS***
    3. Full adoption of blockchain by Deloitte in 2022.

    The next 3 years will see a move of assets from Deloitte and other "players" onto RippleNet.  Many will be connected through Temenos, who has 2000+ clients like Deloitte.
    https://www.temenos.com/en/partners/a-g/deloitte/
    Furthermore....
    3:39 - Patrick Laurent speaks of Ripple and Temenos partnership.
    1. No need to wait to capture value in the blockchain.
    2. Many Proof of Concepts done over 2014 and 2015 between ABN AMRO, Deloitte, Inpher, Temenos and Ripple
    3. Ripple was ready for production in the end of 2016.
    4. It will take time (3 years 19,20,21) to move trillions of assets on to the blockchain.***CAPITAL MARKETS***
    Edit - Clarification: The move of assets onto the blockchain does not necessarily mean XRPLedger.  Companies like Temenos do help move large value to XRPLedger. But I believe ILP will have a big hand to play in RippleNet in the future as the solution for privacy and connectivity.
     
    Thank you @lu_stgm96.  My hands just got 3 years tighter around my bag of XRP.
  22. Like
    keybordem reacted to Deeznutz in Europe Unveils "Special Purpose Vehicle" To Bypass SWIFT, Jeopardizing Dollar's Reserve Status   
    There was no strain on partnerships with NATO, the UN with the Paris Agreement, and the U.K., France, Germany, Australia, and others until Trump ****** them off. Differences, yes. So fed up with the U.S. that they have quite publically said that they will no longer look to the U.S. to lead? No. Hence, we have a thread where “Europe Unveils Special Purpose Vehicle to Bypass SWIFT, Jeopardizing Dollar’s Reserve Status.”
    I’ll be happy to amend my statement to “never have I seen a president in the past hundred years.”  However, the length of time an administration has been in power in relation to the U.S.’ age is completely irrelevant. An administration could be in power for one week or month and make terrible decisions that permanently alter world history. 
    Further, I am not blaming “America’s problems” on him. That’s a discussion for another day. I am strictly speaking about partnerships and allies. 
  23. Like
    keybordem reacted to Raz in Europe Unveils "Special Purpose Vehicle" To Bypass SWIFT, Jeopardizing Dollar's Reserve Status   
    All this America bashing is getting old. No real substance just feelings. Anyone care to elaborate on why America is not doing a good job? Here’s why NATO countries suck....
    - havent been spending their percentage of GDP on their military like the NATO agreement outlined. Germany even does mock war drills with broom sticks.
    - Iran is a dictatorship that believes every non-Islamist should die and Europe supports them because they NEED their oil/gas along with Russia. Talk about selling out.
    - The EU is literally losing their culture in the name of saving refugees all the while terorists slip into EU countries and mow down their people with vehicles and blow them up with bombs and the countries apologize when rallies are held to stop allowing these people into their countries.
    - No-go zones, you have got be kidding me! Does Europe even respect the rule of law?!?!
    - EU is a failed socialist state because countries such as Greece and Italy become port entry ways so people can come into the union and live off of the tax payers. Anyone want some austerity to go along with their basic income?
    - European birth rates are so low I doubt it will even be the same continent in the next 20 years.
    - Trumps administration is checking China’s aggressive expansion into the South China Sea while Canada is worrying about passing laws on which gender pronoun should be used and Europe is worried they are going to upset the Muslim nation.
    - Europeans are being ***** and murdered at an alarming rate because of their multi-cultural tolerance. 
    With allies like this I think America is better off with out them. 
    Still want to throw rocks people? I’ve got days of this stuff. Don’t even get me started on Angela Merkle and Mario Draghi. 
    ORRRRR we can stick to the facts of XRP. I’m fine with being critical of other people’s countries especially my own, America. But please remember that people do love their countries and attacking them is not helpful. If anyone wants to debate FACTS I’m all for it! I mean, Americans don’t like their currency being devalued in the name of Bretton Woods any more than they like being bashed by people who are desk jockeys from around the world. 
  24. Thanks
    keybordem got a reaction from Yukteswar in Europe Unveils "Special Purpose Vehicle" To Bypass SWIFT, Jeopardizing Dollar's Reserve Status   
    As a student of history perhaps you shouldnt blame America's problems on an administration that represents . 006% of America's 241yr history. Cop out to blame one man be it Obama or Trump, Clinton or Bush. 
  25. Like
    keybordem got a reaction from cryptoxrp in XRP is Centrally Controlled by Ripple – Says Bank of International Settlements (BIS)   
    I am sure Ripple would love if every central bank was involved in running nodes along with Universities and major corporations. It's a little short sighted to judge a network just getting off the ground and needing some sort of central control to protect and guide it till it stands on its own. BIS has a great opportunity to get involved in shaping the future instead of just fighting it. 
    At the very least Ripple has a clear road map and could somewhat be held accountable for a steady path towards almost zero involvement by major governments inexchange for growing the network securely. . 
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