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Jtadaly

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  1. Jtadaly

    Hi! I'm Bob

    <<"The enemy of my friends is my enemy" That sounds a bit tough and cheek given I've never met the man, but I'm actually serious. I value my friends at Ripple more than anyone can imagine. >> Perfectly well answered and accepted in the spirit provided. Thank you for your response.
  2. Jtadaly

    Hi! I'm Bob

    @BobWay Hello, Bob! Welcome to this community and thank you for your contributions both at Ripple and here. It is like getting a peak behind the curtain at a magic show! My Question: How do you see IBM/Stellar as a competitor to Ripple? From my perspective, they have a chance to be Coke/Pepsi. One of the resistance points of legacy banking is that the banks have traditionally invested in and designed their own systems and software (the spaghetti) on IBM machines. IBM seems dedicated to not missing the boat on the hardware vs. software divide this time around. Add to this, the banks have invested $billions in their systems that they would in large part scrap to transition to Ripple. I think this gives IBM/Stellar a leg up in that part of the market. Conversely, Ripple has a leg up on the non-legacy banking system and in the traditionally non-banked markets. Jed McCaleb and Jesse Lund will be launching Money 20/20 on March 19th in Singapore and have promised an exciting announcement. As an investor, I'm evenly split between the two. Can you share any thoughts you have, particularly around Mr. McCaleb and how his new business might interact with his old one? If this is a sensitive topic I certainly understand and respect any reluctance to address. Thank you!
  3. Jtadaly

    Hi! I'm Bob

    I know what the first rule of ‘Bob Club’ is.....
  4. Jtadaly

    Hi! I'm Bob

    GREAT TOPIC. WORTHY IF ITS OWN CHAPTER IN ‘THE BOOK OF BOB’. Because if there is an exclusivity agreement with BoA, it explains Visa and Mastercard’s Battle for Earthport.
  5. Jtadaly

    Hi! I'm Bob

    @BobWayHello, Bob! Welcome to this community and thank you for your contributions both at Ripple and here. It is like getting a peak behind the curtain at a magic show! My Question: How do you see IBM/Stellar as a competitor to Ripple? From my perspective, they have a chance to be Coke/Pepsi. One of the resistance points of legacy banking is that the banks have traditionally invested in and designed their own systems and software (the spaghetti) on IBM machines. IBM seems dedicated to not missing the boat on the hardware vs. software divide this time around. Add to this, the banks have invested $billions in their systems that they would in large part scrap to transition to Ripple. I think this gives IBM/Stellar a leg up in that part of the market. Conversely, Ripple has a leg up on the non-legacy banking system and in the traditionally non-banked markets. Jed McCaleb and Jesse Lund will be launching Money 20/20 on March 19th in Singapore and have promised an exciting announcement. As an investor, I'm evenly split between the two. Can you share any thoughts you have, particularly around Mr. McCaleb and how his new business might interact with his old one?
  6. Jtadaly

    Hi! I'm Bob

    Hello, Bob! Welcome to this community and thank you for your contributions both at Ripple and here. It is like getting a peak behind the curtain at a magic show! My Question: How do you see IBM/Stellar as a competitor to Ripple? From my perspective, they have a chance to be Coke/Pepsi. One of the resistance points of legacy banking is that the banks have traditionally invested in and designed their own systems and software (the spaghetti) on IBM machines. IBM seems dedicated to not missing the boat on the hardware vs. software divide this time around. Add to this, the banks have invested $billions in their systems that they would in large part scrap to transition to Ripple. I think this gives IBM/Stellar a leg up in that part of the market. Conversely, Ripple has a leg up on the non-legacy banking system and in the traditionally non-banked markets. Jed McCaleb and Jesse Lund will be launching Money 20/20 on March 19th in Singapore and have promised an exciting announcement. As an investor, I'm evenly split between the two. Can you share any thoughts you have, particularly around Mr. McCaleb and how his new business might interact with his old one?
  7. Unless I’m reading this wrong, Ripple agreed to sell R3 5BB XRP at $0.0085. And as far as I can tell, the price was not refuted, only whether R3 was delivering its part of the bargain https://www.ccn.com/1-billion-ripple-r3-file-dueling-lawsuits-over-cancelled-partnership
  8. I had a discussion with Dr. T/XRPTrump on this topic on Twitter. My theory is that Ripple distribute or sell XRP at a discount under NDA. One way or another, they manage the supply/demand to maintain a low price which makes XRP more attractive to the FI's to buy/hold and eventually either sell or use for liquidity. He didn't seem to be buying the theory or maybe I didn't do a good job of selling it. But I'd be interested to hear if anyone thinks it's plausible.
  9. I did not see that Ripple are working with IBM now. Can you provide a link to this news? I know that they were in communication in 2016, but IBM signed a contract with Stellar late last year, so unless I'm missing something, IBM is NOT currently working with Ripple. Also; I'm not aware of BAKKT or Fidelity listing XRP. It would be great if they did. Do you have information on that or are you banking on BAKKT and Fidelity creating a new bull market?
  10. https://www.independent.ie/world-news/mastercard-trumps-visa-with-233m-offer-for-earthport-37747891.html MC has out-bid Visa's already generous offer for Earthport. Forgive me if this theory has been debunked (real life work taking precedence lately) but if Bank of America does indeed have an exclusivity agreement with Ripple, then the acquisition of Earthport takes on an all new meaning. Payments is BIG business. Current tech is making it easier and faster and if you already have a large payments business like MC and Visa, then adding to it makes sense. However, if you can cut costs by 80% or more with Ripplenet, then buying a payments platform to add to your own is a must-have. If there is an exclusivity deal with BoA, a Ripple contract that pre-dates it is extremely valuable. That might be why Visa and MC are duking it out over Earthport. Edit: I forgot to also say that if Earthport has a contract (whether they have integrated Ripplenet or not) that pre-dates the BoA contract... it might be worth more than Earthport on it's own. \ JD
  11. The purchase of Earthport gives Visa a Ripple contract that predates any exclusivity deals Ripple may have signed subsequently. It also allows them to be instantly implemented lowering costs. They can, in essence, flip the switch. Visa have been experimenting for some time with blockchain technology, but I suspect their global failure this summer was the end of the experiment. In June, their system crashed and they termed it a 'hardware issue that effected the software'. The cost of purchasing Earthport is paid for by the savings available on implementation costs almost alone.
  12. Likewise. There are valid concerns about the IMF and NWO, but this is a solution that has not existed before now in a way that it does today.
  13. At no point do they mention any cryptocurrency, but the conclusion is conspicuous by it's absence: XRP. You can read through the whole thing as I did or skip ahead to Section 7: Conclusions and Next Steps where you will find this gem: "Finally, while this report has focused on change driven through revolution in the central payment infrastructures, further thinking could be done on how policy-makers and industry could work together on private sector innovation to address, in the shorter term, the challenges faced by users of cross-border payments identified in this report." The previous section which sketches out the problems and how each proposal solves them is also interesting, but is really instructive in demonstrating how the best solution is a Universal Wholesale Central Bank Digital Currency or U-W-CBDC. When taken in context with Ms. Lagarde's comments to start the FinTech event in Singapore, the writing is on the wall that this will happen and happen sooner than I would have predictec before yesterday. http://www.mas.gov.sg/~/media/ProjectUbin/Cross Border Interbank Payments and Settlements.pdf
  14. I was going to attend SWIFT’s SIBOS conference this year but I heard it takes 3-5 days to get there.
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