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Rutski

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  1. Like
    Rutski got a reaction from WCH in Flare networks - Spark token to XRP holders   
    Not comfortable with all the steps in claiming spark. Not going to risk loosing my XRP. Going to sitting this one out. 
  2. Thanks
    Rutski reacted to mars75 in Ripple - The Dawn of Central Bank Blockchain Corridors   
    UPDATE (11-20-2020):

    https://boards.greenhouse.io/ripple/jobs/2455864
     
     


    REFERENCE: 

    https://www.coindesk.com/over-40-central-banks-are-considering-blockchain-currencies-davos-report?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic
  3. Like
    Rutski got a reaction from Scout in Flare networks - Spark token to XRP holders   
    Not comfortable with all the steps in claiming spark. Not going to risk loosing my XRP. Going to sitting this one out. 
  4. Like
    Rutski reacted to jf007au in Flare networks - Spark token to XRP holders   
    So if you have your XRP on a Ledger Nano you need to put back on a compatible Exchange for the Snapshot?
    If this is the case ... NOT happy to do so.   
     
     
  5. Thanks
    Rutski got a reaction from CountZerpula in Paypal cryptocurrencies   
    Hey @CountZerpulaany idea why one would be approved for custody and not for listing? What would be holding it back?
  6. Like
    Rutski reacted to thinlyspread in Ripple Looking Into Japan as One of Possible Markets to Relocate Its Headquarters to   
    Please please please come to London, Britain needs some positive news! 
  7. Thanks
    Rutski reacted to Dario_o in Ripple Looking Into Japan as One of Possible Markets to Relocate Its Headquarters to   
    Japan is likely to become a new home for Ripple, according to CEO Brad Garlinghouse
    https://u.today/ripple-looking-into-japan-as-one-of-possible-markets-to-relocate-its-headquarters-to
  8. Like
    Rutski reacted to jetbrzzz in Paypal cryptocurrencies   
    Sounds like a middle man skim operation to me.  Other than pumping the price of BTC cause now people are actually able to "buy" it, even though they don't really own it, I must be missing something.
    BTC is eventually going to be majority held in the wallets of these huge financials, PayPal, Grayscale, Fidelity. They're not allowing you to own the keys, so they're basically going to do all the transactions like bullion vault owners: some of Bob's "box of bullion" gets credited to Alice's "box of bullion", which is sitting right next to Bob's box on the shelf in the vault, the bullion never actually leaves the vault. They just move the boxes around on carts inside the vault. Heck, you could just swap name tags on the boxes in some vault transactions if they zero out the right way.
    Of course it'll all be digital but same principle. At least it solves the Bitcoin scaling problem, they won't even have to move BTC on the BTC network, just credit & debit their balance sheet cause they'll own 70-90% of all the BTC already. Ironic that Bitcoin's major flaw could be its saving grace. No need to scale, just plop it all down in a handful of centralized wallets then issue "pseudo-BTC" to PayPal, Amazon, whatever customers. Don't matter what you call it since they never own it anyway.
    The BTC maxis must be furious-not-furious.
    All I'll say is: not your keys, not your crypto. Not your vault, that's your fault. Possession is 9/10th of the law.
  9. Like
    Rutski reacted to CountZerpula in Paypal cryptocurrencies   
    It has to do with NYDFS
    XRP is approved for custody, but not litsing
     
  10. Like
    Rutski reacted to MisterRipple in Ripple partners with Lemonway   
    Wowwww this is UUUGEe! 
    A EUR-to-EUR corridor, this will unlock the great XRP potential!!!! 
    I think Brad decided to run the marathon as a pacer, leading the front runners and dropping out before the finish. 
    I guess this partnership is "laying the railway" and XRP will be utilised once "regulations, NDA and the magic potion" come into play? 

  11. Like
    Rutski reacted to peanut56 in Interview with Julia Chatterly about Digital Assets   
    https://twitter.com/jchatterleyCNN/status/1295790883716182017?s=09
  12. Thanks
    Rutski reacted to LeonidasH in Goldman Sachs FX Executive Director joins Ripple’s Global Institutional Markets team   
    https://www.xrparcade.com/news/goldman-sachs-fx-executive-director-joins-ripples-global-institutional-markets-team/
  13. Like
    Rutski reacted to jlr in Ibis adds Ripple connectivity to SWISSRoute, offering both Swift & Ripple in one platform   
    I have made rough estimation how big news RippleNet integration into SWISSRoute.
    Of course more accurate estimation can be made (ex. I wasn't working numbers from same date), but just I wanted to get some impression what it means in numbers.
    https://issuu.com/ibismarketing/docs/swissroute_total_messaging_brochure
    (2014 - 33 million messages/ MONTH - [SWISSRoute])  ~= 1 million messages / DAY
    https://www.swift.com/about-us/swift-fin-traffic-figures
    (2020 Jun - 37.9 million FIN messages/ DAY - [SWIFT])   [I am not sure if it's enough to calculate with only FIN messages]
    SWIFT handles 5 Trillion / Working day ==> 5 * 23 / 30 == 3.8 Tillion / DAY

    1/37.9 == 2.6% of SWIFT message go through on SWISSRoute.
    ===> 100billion $ / Day (if equally distributed) 
    ===> assume only 5% volume goes through on RippleNet of Total at first (because It seems RippleNet messaging part is far efficient than SWIFT).
    ===> 5 billion $ / Day on Ripplenet ==> "In Q2 2020, ODL accounted for nearly 20% of RippleNet volume." (https://ripple.com/insights/q2-2020-xrp-markets-report/) ===>
    1 billion $ / day XRP volume.
    Summary:
    I used rough estimations at several place and finally I got that the SWISSRoute integration might cause around (100 million - 1 billion $/ Day) utility volume growth on XRP ledger at first.
    Let me repeat myself: I might wrong...

     
  14. Like
    Rutski reacted to LeonidasH in Ibis adds Ripple connectivity to SWISSRoute, offering both Swift & Ripple in one platform   
    https://www.xrparcade.com/news/ibis-adds-ripple-connectivity-to-swissroute-offering-both-swift-ripple-in-one-platform/
  15. Like
    Rutski reacted to LeonidasH in New York securities lawsuit against Ripple moved to California   
    This is also happening in the background in California. Ripple's Liz Chien was a member of this group: 

    https://www.xrparcade.com/news/california-blockchain-working-group-recommends-regulatory-clarity-for-digital-assets/
  16. Like
    Rutski reacted to solid102 in New York securities lawsuit against Ripple moved to California   
    California is Ripples turf as it is where it is based. I view this as a positive thing.
  17. Like
    Rutski reacted to LeonidasH in New York securities lawsuit against Ripple moved to California   
    https://www.xrparcade.com/news/new-york-securities-lawsuit-against-ripple-moved-to-california/
  18. Like
    Rutski reacted to mandelbaum in Federally Chartered Banks and Thrifts May Provide Custody Services For Crypto Assets   
    BitGo has been creating custody wallets on the XRP-ledger for 3 years, they are closing in on generating 31 000 wallets.
    https://bithomp.com/explorer/rD4G6gtD2KwHqsRf7pcyA8r1neUzXT61ix
    Someone knew what was coming, Goldman Sachs invested in BitGo back in 2018.
    https://www.finextra.com/newsarticle/32809/goldman-sachs-invests-in-bitgo
     
  19. Like
    Rutski reacted to cmbartley in Federally Chartered Banks and Thrifts May Provide Custody Services For Crypto Assets   
    When you consider Ripple implementing PayID on RippleNet, PolySign providing bank custody and implementing PayID, Avanti bank launching as a fully regulated crypto bank in WY, and crypto ecosystem participants implementing PayID, it's easy to imagine how value could start to move like email...
  20. Like
    Rutski reacted to LeonidasH in David Schwartz Interview on the Modern CTO + Audio   
    https://www.xrparcade.com/event/david-schwartz-interview-on-the-modern-cto-audio/
    From July 22
  21. Like
    Rutski reacted to LeonidasH in YouTube files ludicrous motion to dismiss Ripple’s lawsuit   
    https://www.xrparcade.com/news/youtube-files-ludicrous-motion-to-dismiss-ripples-lawsuit/
  22. Thanks
    Rutski reacted to VanGogh in Federally Chartered Banks and Thrifts May Provide Custody Services For Crypto Assets   
    https://occ.gov/news-issuances/news-releases/2020/nr-occ-2020-98.html
    credit to XRPDarren @Fame21Moore for pointing me to this article
    "From safe-deposit boxes to virtual vaults, we must ensure banks can meet the financial services needs of their customers today," said Acting Comptroller of the Currency Brian P. Brooks. "This opinion clarifies that banks can continue satisfying their customers' needs for safeguarding their most valuable assets, which today for tens of millions of Americans includes cryptocurrency."
  23. Like
    Rutski reacted to RambeauTeasebox in XRP Isn’t A Security, Declares Former CFTC Chairman   
    https://www.iflr.com/article/b1m2pm9g4n65mk/cryptocurrencies-and-us-securities-laws-beyond-bitcoin-and-ether
     
  24. Like
    Rutski reacted to LeonidasH in Volante’s platform can be used to settle through XRP   
    https://www.xrparcade.com/news/volantes-platform-can-be-used-to-settle-through-xrp/
  25. Like
    Rutski reacted to Elysium2030 in Staying the course in remittances and SME payments.   
    This.
    Absolutely disappointing news.
    You shouldn't be blinded by the marketing blabber, Ripple and XRP have been looking for their usecase for the last few years and it seems to be nowhere to find one.
    First Xrapid, then the rebranding to ODL, then new customer groups, Miguel Vias has left the company. Then the fact that the number of customers stagnates on a low level (200..now 350 2 years later. This is not the growth of a company marching ahead).
    The price of XRP since the bubble beyond good and bad, plus numerous promises that were not kept and finally Brad's embarrassing XRP > Bitcoin 2020 tweets and the clear lack of commitment to XRP when talking to Chatterley(?)
    I am really served by these chatterers. 
    It doesn't bother me that everything takes a bit longer, it bothers me that they constantly fail to deliver.
    They spit in the face of all the people who bought XRP. 
    Next rigged bull run I'm out with 90% of my XRP.
    **** You Ripple.
    Seriously
     
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