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Yakuni

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  1. Like
    Yakuni reacted to cryptoxrp in Will FedNow settle using XRP?   
    A bit to negative my friend. If FEDNOW decides to use Ripplenet (Xcurrent) then the groudwork is present for Xrapid. Personally I believe they will use Ripple DLT tech and XRP for international settlement. It is the smooth route of 'least resistance'.
    US regulation is decided upon by the FED (together with the American Bankers Association). They are and have been in control for ages. The SEC is what I call their 'paper (regulation) tiger'.
    If the FED (together with ABA Payments) says they are are going to do something, then they will. And they have said that this year (2019) a major step will be taken. So wait and see.
    Some banks are still uncomfortable holding XRP but that is changing rapidly if you see the amounts of XRP (from escrow) being distributed. XRP is used for settlement as we speak so your statement "The problem with these Digital assets is no one wants to use them." is simply not true.  The legacy pay & settlement systems are getting by-passed more and more.
    The whole international pay/settlement system is in a state of change. With the yesterday news of Moneygram - Visa partnership in providing a debit card P2P service the writing is on the wall. Other smaller remittance players (local banks who are going to loose business) will not want to be left behind,
  2. Thanks
    Yakuni reacted to JannaOneTrick in Breanne Madigan - OECD   
    GLOBAL BLOCKCHAIN POLICY FORUM
     

     
    I want to add 2 notes:
     
    If we refer to the current XRP liquidity in the Mexican corridor, we can assume there is approximately 500,000 USD going through it daily (2,170,000 XRP at best yesterday).
    This is exactly what Breanne said "half a million", and she said "if we want to start sending 10, 15, 100,000,000 USD, how are we scaling that liquidity?" @10:30
    That would represent a 200 times fold increase compared to today's XRP usage in that specific corridor.
     
     
    Then, Breanne stated they incentive MM through their structured contracts, to give them a motivation to start injecting liquidity.
    "But the way we structured these contracts is such that we leave an opportunity for new liquidity participants to enter." @10:50
    And because there are new participants, they see enough liquidity in the USD/MXN and so they do not need to further incentivize the market makers.
    I think it is correlated with the Q2 report in which it is said they would decrease the institutional sales as there is now enough liquidity to support the volume.
     
     
  3. Like
    Yakuni got a reaction from JannaOneTrick in TTI Vanguard - 12 Sept - Bradley Chase - Amazing XRP presentation   
    Great questions! Regulation came up a couple of times and it seemed clear that he viewed this as the major hurdle holding things up currently. This video made me really realise for the first time just how early we are in this. Wow!
  4. Like
    Yakuni reacted to xrphilosophy in TTI Vanguard - 12 Sept - Bradley Chase - Amazing XRP presentation   
    Anyone holding XRP should watch this.  Excellent questions, and better answers.  I really enjoyed it.
  5. Like
    Yakuni reacted to mistatee2000 in TTI Vanguard - 12 Sept - Bradley Chase - Amazing XRP presentation   
    This is the first time I have seen Bradley Chase give a talk. He comes across as being very knowledgeable and confident. It's good to see him competently answer questions without putting a marketing hype veneer over the top things. Some people would query the amount of development that still has to take place, but that is what happens as a new and vast projects throws up new demands. I think Ripple can handle the technical complexities, but it emphasises that this is a long game - it's the added non-technical problem of regulation around the world that exacerbates the issues.
  6. Thanks
    Yakuni reacted to JannaOneTrick in TTI Vanguard - 12 Sept - Bradley Chase - Amazing XRP presentation   
    Blockchain and Other Networks
    Sep 11th - Sep 13th 2019
    Washington, D.C.
     
    https://www.ttivanguard.com/TTI-VANGUARD/Blockchain-and-Other-Networks
     

     

     
    This presentation was by far the best I have seen so far when it comes to the discussion about XRP.
     
    This is the kind of information we do not see enough in those presentations as Bradley explained in greater detail how the system works and the benefits to the ecosystem.
    But not only this, the audience was very receptive and communicative also.
    After the presentation, the audience showed great interest and had many questions all related to XRP.
     
    The video is set to start at the correct time but in case you need the time frames,
    Bradley starts talking at 47min06sec
    and ends talking at 1h38min
    Big shout out to @stuart_xrp for finding this
     
     
  7. Like
    Yakuni got a reaction from Creepto in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  8. Like
    Yakuni got a reaction from Hodor in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  9. Thanks
    Yakuni got a reaction from ZerpTidalWave in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  10. Thanks
    Yakuni got a reaction from Tinyaccount in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  11. Like
    Yakuni reacted to peanut56 in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    Tin foil hat on. By the time a court case takes place for security Ripple will hold less the 50%, SEC will declare that if a company has less than 50% then a token is a non-security. This allows for true commercialization of xrp. And now a ridiculous price prediction 5890.00 by December!!!
    Tin Foil hat off as xrp holder: I'm glad we are getting closer to a point were Ripple holds less than %50 in escrow. This could bring clarity to the SEC's position, but regardless it lessens the likely hood of XRP being declared a security as a majority will no longer be in their hands. This can also drive sentiment for investors/speculators.
    Thanks for the post O.P.
  12. Like
    Yakuni reacted to ZeeperCreeper in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    Escrow might be below 50% of total supply, while all Ripple holdings are far from it.
    Also, I believe the statistic considers only xrp that's currently in Escrow, not the xrp that's been released from escrow this month and from part of might yet be returned to the escrow. So it's debatable if the escrow is actually below 50bln.
    Also, not a fudder, if something I said was wrong, please correct me.
  13. Like
    Yakuni reacted to dr_ed in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    Nice milestone. Thanks for posting.
  14. Like
    Yakuni got a reaction from mike91 in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  15. Like
    Yakuni got a reaction from Milly238 in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  16. Thanks
    Yakuni got a reaction from Fleshmeister in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  17. Thanks
    Yakuni got a reaction from DannyRipple in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  18. Like
    Yakuni got a reaction from Spartaksus in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  19. Like
    Yakuni got a reaction from JBW in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  20. Like
    Yakuni got a reaction from Danny in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  21. Like
    Yakuni got a reaction from dr_ed in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  22. Thanks
    Yakuni got a reaction from Viggo in Ripple’s XRP Escrow is Officially Under 50 Billion XRP   
    https://thexrpdaily.com/2019/09/11/ripples-xrp-escrow-is-officially-under-50-billion-xrp/
     

    Hey fuddsters, are we decentralised yet? 
  23. Haha
  24. Like
    Yakuni reacted to King34Maine in Brad Garlinghouse Responds to FUD (Litigation, XRP Sales, Etc.)   
    I've said this many times before, we are all XRP "holders" by CHOICE. Unless you own token(s) via an accredited ICO/STO you in no way, shape, form, or fashion have any say with respects to how any company/entity distributes, sells, or utilizes their holding of a particular token/digital asset/crypto. Brad said, and i'm quoting:
    "XRP sales are about helping expand XRP's utility - building RippleNet & supporting other biz building w/XRP ie Dharma & Forte."
    If you really want to get technical the use case for XRP doesn't even involve retail holders who are just simply buying/holding the asset in hopes to turn a profit as/if the price appreciates. At the end of the day this is pure unadulterated speculation on our part. I purposefully say retail "holders of XRP" because that's what retail ownership truly entails, just merely holding XRP or any other non-ICO/STO token/asset. We like to think of ourselves as "investors" just because we "got in" early with respects to our purchase of XRP or because we've been following Ripple since the company's inception etc, but that doesn't make you an investor. No, it makes you nothing more than a glorified follower and enthusiast of Ripple and XRP.....Period!!! So, say it with me, "I am a holder not an Investor!!!"
    These entities below are Ripple's investors. Look-a-here, not a single retail investor noted. These are the individual entities that Ripple must answer and give account to.
     

    Now, don't get me wrong, there's nothing wrong with, "Asking questions and having a critical mind - with the ability to concede when you are just plain wrong - are the basis of progress." However, the constant whining and bitching about the price of XRP, why Ripple isn't doing this or that, and I expect to be told ABC and XYZ, that the XRP community has been engaged in of late, needs to stop. I will keep saying it again and again, stop blaming a company that didn't promise you riches in the first place for not making you any money. This is the risk you take purchasing/holding any digital asset or token not just XRP. 
    All or most of us have meticulously researched and analyzed the fundamentals (i.e. vision, leadership, community/global outreach, use-case/purpose, ecosystem, corporate/regulatory compliance, partnerships, etc) of Ripple, the company, and their highly strategic and meticulously thought out plan to build the IoV (Internet-of-Value) utilizing XRP and the XRP-Ledger as catalysts. Like myself, most came to the conclusion that Ripple and XRP were going to prove to be a major contributor and utilized technology stack of this blockchain/crypto revolution happening before our very eyes. If at any point you feel that XRP is not living up to your expectations, you can alway sell it via a plethora of exchanges. However, to think that Ripple is going to change their tactics/business plan all because a few "retail holders" of XRP got their panties all in a wad because they expected the price of XRP to be at "$5.00" instead of "$0.26c" is silly.
    P.S. @panmores this response is not directed at you, but me making a generalize response to the broader XRPChat-Community.
  25. Like
    Yakuni reacted to Julian_Williams in Do you think Ripple are paying dividends?   
    IMHO Ripple are doing a damn good job.  The founders took risks and worked hard and have built a product that in my opinion will dominate cross broder payments.  They deserve dividends.  They are selling stock out at low prices to build a network of MMs and liquidity.  I am good with that.
    The trollage that come on this site bought Ripple's DAs  expecting to make instant profits of 100s or 1000s% for doing nothing more than making a high risk investment.  Ripple doesn't care, I don't care whether they make a profit or not.  But I am bored of their constant self pity and messages of pessimism and hate towards anyone who believes the XRPecosystem is building well and XRP is a good investment for the future.   I am not tired of the low price for XRP, I simply buy more when I have available risk capital to add to my stack.
    I am looking forward to good profits in the future and will not come here spreading FUD if things do not turn out as I expected and I lose money.  I will be delighted if XRP takes off and share my good fortune with others rather than buy a lambo.
    The news from SBI, the supposed subject of this thread,  is marvellous and right up to expectation.  The engine under the SBI exchange is absolutely fabulous, the proposed marketing into Japan is very exciting and Kitao is delivering what he promised.  So the price hasn't moved, maybe the trolls with their constant messages of pessimism and FUD have helped prevent new investors investing and caused some of that disappointment?
     
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