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Julian_Williams last won the day on April 19

Julian_Williams had the most liked content!

About Julian_Williams

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    Art, Neuroscience
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    West Wales UK
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    Director of Two Bad Mice Publishers Ltd
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  1. I this really xrpchat? Too much optimism. feels like another dead nothing day to me
  2. to paraphrase your position: you don't admire the product you bought into you made a loss you think BTC was always a better investment you bought more and made more losses you come on an XRP forum feeling sorry for yourself and ask others to agree XRP is a lousy investment because you feel sorry for yourself I think you need to take a rain check
  3. I doubt the revenue from the licenses for XCurrent would cover the costs of offices in every continent, exhibitions like Swell, research and development and a staff force over 300. It would probably cover the costs of scaled down operation.
  4. Very interesting. 18 months ago rumours were that R3 was on the edge of bankruptcy and they had let Ripple down. Then they were the darlings of SBI Ripple Corda provides the smart contract facility to xRapid that Codius is not mature enough to provide yet. I am not always a fan of Brad, but I think this is where Brad is good. Brad understands his role is not to be the tech expert, but instead to build a well structured team with goals. DS and ST both understood they needed to build their software solutions from the bottom up. Ripple is further ahead than people realise.
  5. As you know I am not a BTC fan......but I love your optimism for both BTC and XRP. Rare in this space. It would be refreshing to see XRP gaining a bit. I think if XRP starts to go that would boost liquidity for XRapid adoption which would feedback into speculative FOMO. I believe in September Kitao is launching his drive on getting the Japanese market to adopt XRP. Maybe now is the perfect moment to buy XRP, but it could so easily slip down to .16 if the selling pressure does not let up.
  6. The Bitso liquidity index has dropped back a bit, but it is still an impressive growth. The rapid growth was put down to Mg starting to use the Mex corridor https://docs.google.com/spreadsheets/d/1pZ2POpljERK-oV3rusaCmq58U2badn5i9WOCIP9Wtmg/htmlview#gid=1888946776 Galgitron has picked up a similar pattern over a longer time span - see his commnets. Galgitron puts the drop back he has observed to the activities of a "single actor" As Galgitron says, we are still at the crawl stage.
  7. yes exactly right - that is why Stefan is the ideal person to steer this through. His method, as demonstrated during his years at Ripple, is to build software that has a lot of plasticity so that they do not get trapped in a hole of their own making. I do not take this first iteration of usage seriously. It is a proof of concept stuff. Get this working and then invite the elephants into the room for the party.
  8. You are quite right; no one is going to pay $7 a month to remove the sponsored adds from their Google searches. You are wrong to suggest that Coil's business plan is dependent upon removing sponsored ads from search engines. Where did that idea come from? You are missing the elephant in the room: Coil is about providing a direct connection between supplier and another user in another country anywhere in the world. The connection is a conduit through which streamed money with a throttle control flows from the user to the supplier. Forget about Google, forget about adverts, and concentrate on the essence of what Coil have invented. Then you will see it is a revolution not an alternative to advertising. So many people suggesting Ripple have bunged their ex CTO with three times the amount of money they spent on Moneygram as some sort of favour to an old colleague. Look what happened; Stefan Thomas resigned his position at Ripple to set up a new company to provide the software for micropayments using XRP innovations and the ILP. I am guessing, but I believe it was a joint decision in the board room of Ripple to set up a separate company for micro payments (think peanut butter). Ripple stumbled on cross border streamed payments and realised that it was simply too huge and too distracting to create inhouse, so the CTO was encouraged to leave Ripple and start Coil. This amount of money is not going to be supplied in suitcases, it is going to be invested in a structured plan. Nobody on this forum knows any details of that structured plan, all we know is that it will exist. We have to wait and watch.
  9. Yes, I recognised the ambiguity in your original comment and used it as a launch pad for some further thoughts.
  10. Very likely wrong. Yes we may be stuck in this channel for a while to come. Yes, people are not interested in XRP like they were two years ago, but no, this is not going to go on like this for years. The developments in the XRPecosystem are real and meaningful. They will touch peoples lives and people will make their calculations that XRP is going to grow, and they will begin to invest. Kitao is launching an advertising campaign for SBI in Japan in September. These sorts of initiative might well begin another gold rush. A gold rush may start anywhere because XRP is launching initiatives and opening offices in every continent. Unfortunately as holders we have to bob along on the waves looking out a the horizon day and after day, never quite knowing when we will see land ahoy. It might be months, it might start slowly, or we could find ourselves being lifted over night. That is the dilemma of holding XRP.
  11. XRP is the obvious choice for Cross-border-fiat-to-fiat-variable-velocity-streaming. But a national stable coin might be the appropriate choice for local streaming. For instance Stefan Thomas was talking of things like wages being streamed, instead of making people wait until the end of month. Mortgages/rents could be streamed instead of going out in big lumps. He thinks these sorts of payment schemes might help people on limited income to keep their budgets in order. In my business I sell gifts and greeting cards. The artist gets a percentage, the warehouse gets a percentage, the sales agent gets a percentage. All of these things are calculated at the end of the month, but they could be calculated inside the invoice and be streamed. Every time an invoice is issued the money could be streamed to the beneficiaries. Shops like to take stock on sale or return (we refuse this sort of business but many big companies do this sort of business). Technically the payments could be triggered on a streamed service that is triggered by the person at the shop counter scanning an item that is being sold. Amazon could easily build this sort of system into their warehouses where the product triggers a stream of payments as it leaves the depot. A hospital could have its medications streamed; the drug company providing stock which is paid for as it is used. There are ten thousand use cases for streamed money that is integrated with intelligent software.
  12. Yes Coil is game changing. Coil is about Live Streaming Payments. Instead of money arriving in lumps it becomes like a liquid flowing out of a hose. The money is not only liquid, it is also arriving at different velocities like petrol going into a carburettor when you put your foot on an accelerator. With this sort of money you can build very different technology. Spending money or providing services for money becomes more akin to driving. The power intensifies when you put your foot down and inject more money into the system, the engine runs slower when the power supply slows down. Now how does technology use this new sort of money? I tell you a lot of the utility for this sort of money is transformative across huge swathes of business. Most of it is beyond your wildest imaginings. For instance you take a train and find the carriages are full so you sit for the first few hours in a first class carriage, then the train empties and you move to the second class carriages. The cost of the trip is deducted according to where you were sitting in the train. Then the train gets delayed and the train company starts refunding you for your inconvenience. So money and lifestyle and your means come become intermingled. Living within your means becomes more intuitive. This technology will be everywhere.
  13. That visual showing how much money Ripple are investing in Coil is a big story. A little while ago I watched a video where Stefan Thomas explained how they designed the architecture of XRP (or was it Codius) to be very open and flexible to accommodate change. He mentioned how he was avoiding the pitfall ETH had fallen into, apparently ETH is written in a very dense manner with too many options. In a nutshell his mantra is: Built in plasticity wins over accommodating long lists of options for every imagined eventuality. This guy has a very intelligent approach to developing software. He helped design XRP and now he is going after being first in a very big market he has identified. I am quite sure the present iteration of Coil is open to changing to fit the markets that emerge. I think people should not think the way Coil has been launched has much to do with how it will look in five years time. Coil as it presently stand is an opportunity to get a few techies and XRP fanclub involved. This early in the project feedback is king and people like Hodor and Crypto Eri are doing their bit. Streaming payments is not just about videos and entertainment. I have many subscriptions: Business accounting software, Adobe design suites, Trade reference suites, Address finding software, Microsoft Office, Norton spam filters, mobile phones, voip phones and online tutorial services. This is costing my business many thousands a year. I do not like the blanket fees these software companies charge and would far prefer to pay by usage. My wife has a car she uses once a year. Again the insurance should be on usage in real time. Car hire should be streamed on usage. Parking meters should start when I park and stop when I leave. Streaming payments will be huge. Coil are building something with the plasticity to take advantage of the markets as they emerge, that's why Ripple are putting so much money behind their former CTO.
  14. Teaching pigs to sing opera - great phrase! I cannot comment on SEC law, only make the observation that SEC is the openly tolerant of Ripples behaviour. This issue has been live for 18 months and SEC have a duty to raise an alert if Ripple are still transgressing and scamming the public. The fact that they have not seems to indicate that the illegal behaviour is already in the past. That does not mean that they will not penalise Ripple. SEC have said several times that they have an open door for companies like Ripple to come and discuss the legality of what they do. It seems very obvious that Ripple and SEC have been talking with each other and that there has been a willingness on both sides to remove the ambiguity and reach a resolution. For this reason I do not believe SEC have intentions to do a lot more than retrospectively slap Ripples hands. I think Ripple know that if the tokens are to become a bridging asset worth perhaps 100 dollars each they will not be allowed to continue own 50% of the world stock XRP. For this reason I believe any resolution would include Ripple giving away or destroying unsold stock. The unsold stock could be a big asset and very important for the smooth running of the currency. I disagree with you about the importance of pan national pressure from countries like the UK, Singapore and Japan. The US has a strong incentive to keep in line with regulations in these three world financial centres and SEC will try not to rock the boat.
  15. SEC have said more than once that a crypto may start as a security and morph out of being a security. The wording looked like it was deliberately targeted as a green light towards Ripple. My impression is that the situation has being drifting from Grey to black and white, and the more time passes, the more XRP is adopted, the more XRP is free from this security label. If I was SEC I would not fine Ripple, instead I would ask them to put 90% of the XRP they own into some sort of fund for the benefit of growing the XRP ecosystem and administered by a third party. As you write Ripple were first mover, the laws are getting sufficiently clear now to act on scams before these sorts of situations arise. That the UK have given the green light to XRP indicates to me that the US SEC agency is coming under strong international pressure to end this regulatory ambiguity.
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