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VanGogh

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  1. Yes disruption sometimes causes headaches, and those not willing to deal with it will eventually cease to exist.
  2. That's funny because McDonalds' primary bank is BOA: https://www.usbank.com/small-business/credit-financing/mcdonalds-franchise-financing.html I don't think it's a far leap to think that they also use BOA to pay food distributors around the globe, to manage the accounting for their franchises, etc. etc... People on this site are so incredibly narrow it's really a shame.
  3. Considering you will see Money Gram in every Walmart with the trademark "Runs on Ripple", and then at every McDonalds, I would say this is fantastic news. Ripple continues to bring their products to the eyes of main street. It makes me wonder if they will be using xRapid for settlement in their restaurants all around the globe. Like Amazon, McDonalds has a very large footprint globally, and moving money around to distributors, retailers, for salaries and wages, etc. is I'm sure very complex. Who better to simplify it for them than Ripple. I think it's great news if verified!
  4. So, what you're saying is that she has already advanced the policy and issued advice for the EU while at the IMF and is now going to implement Ripple technology and start utilizing xRapid. We can hope!
  5. I was talking about the last time; that is, they were working hard behind the scenes to make the real launch rock solid. I'm still hopeful there will not be a delay this time.
  6. "The essence of regulation is to ensure that cryptocurrency has the legitimacy it essentially needs to participate in mainstream finance." This makes the delays a little more bearable.
  7. "We have also partnered with MoneyGram which enables anyone to send cash which can be picked up globally at the click of a button."
  8. I think whether we like it or not governments are going to be involved in controlling our money. However, their roll is changing and perhaps diminishing. I don't really see central banks going away anytime soon. I am hopeful that their power to inflate the money supply and reduce our purchasing power over time is going to be checked with the free-flow of digital assets around the world. This could make it a win, win. One aspect of digital assets is that they could inject real-time competition for governments to behave responsibly or face immediate flight of their currency from their citizens. This is where countries like the US and UK will prevail over the likes of oligarchs of Russia. The technology of crypto will make things much more efficient and much more accessible to the individual. These are the byproducts of a free market! But we digress on this thread.
  9. This! My dogs already live by these micropayments!
  10. Absolutely, bacon is priceless. I like that for sure! My point is really that fiat has been abused over and over throughout its history. It's not as stable as perceived; e.g. Venezuela today where you now need a wheel burrow to purchase that bacon if there were any bacon there to purchase. I'm sure I'm not telling you anything you don't already know in that the invention of crypto was in part to reduce government's ability to devalue our hard-earned money. It's slight-of-hand because most people only see prices of goods rise and fall rather than the value of their dollar rise or fall, even though it is in comparison—steadily decreasing in purchasing power. One of the reasons I'm buying crypto is because in the longer view I believe it will be more stable than fiat is, even more than the US dollar is today and will be on a world-wide scale.
  11. Yesterday I was at the grocery store and the cost of bacon had doubled in terms of the USD. Hmmm! Rent, and the cost of housing in terms of the USD (in the US) has not exactly been very stable either.
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