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Frisia

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About Frisia

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  1. My comment was towards letherrip, not you. My comment already confirmed that XRP is probably the most polarized token, so it has absolutely many haters (idealistic reasons or whatever), but it also has an incredible share of followers all over the world. This sounds as if XRP supporters are excluded from the crypto community, whatever this is.
  2. Haha this is ridiculous and it perfectly shows your biased and narrow view on reality. Of course, XRP is perhaps the most polarised token but the "token that THE crypto community hates most" says everything on where you stay as well as on your intentions. I really encourage you to take a brake because this isn't good for your mental health.
  3. I suspect that this is due to a total reset of the system at least for some customers. Abandoning the "treasury" payments is not the only change Ripple has adopted but rather a different way of handling payment transactions (batch driven vs real time payments). Obviously this requires system configurations and extensive testing. Today it seems to be picking up so some of your excitement might be back.😉
  4. I remembered some payment managed by Mercury FX in January 2019 (by the way, what is strange that the GBP/MXN corridor still is not operational as it seems while the first payments were processed here)
  5. Yes indeed, it's one of the most interesting videos I've encountered recently (we should thank also Crypto Eri because she led me to the video).
  6. Well investment funds are strictly regulated to protect customers. So for incoming and outgoing assets the funds need to buy and sell at market price (!) and publish the index. However this is still speculative. So what we are all waiting for is the roll out of the use case which is around the corner. But don't expect miracles, the use case is multi year matter. Of course, some big player joining the table wouldn't harm our case. Have a look at this video and you will understand.
  7. Do you have any idea how this fund or investment funds in general are working under the FSA act in force as from May 1st? Do you really think that you can put funds as you like without anyone invested yet? Come on, stop spreading this nonsense if you don't know what you're talking about.
  8. Well it was more rethorical writing, not a question directly to you. I've seen more articles on whales accumulating, but no numbers at all...
  9. Correct, probably because by May 2020 new crypto-asset exchange regulations were issued. Not only Moneytap but it could impact also SBIVC, see link from @hamasugu. https://www.sygna.io/blog/japan-crypto-asset-regulation-financial-services-agency-changes-psa-fiea-may-2020/
  10. Yes, and I would like to understand the scale. Seems an increase but how much exactly??
  11. Do you have some concrete figures about this flooding? Let's say the increase in circulating supply compared to BTC since 1st January 2018 (which was a peak as we know).
  12. The fact that banks are not on board yet has a number of reasons, in order of priority. 1) Regulatory environment. As of today no one knows how to evaluate payments and counterparts in the light of regulatory risk reporting (Basle III) even if the risk is a fraction of what it is today. So this might just as well be the only reason and for sure the most important one. It's not that they don't want to touch it, they simply cannot. 2) Availability of corridors. For banks only a few corridors where only the remittance payments are managed, which is not their business rather the SME, does not solve their problem. 3) We need some first movers and in the SE Asia area where the remittance business is far more relevant this will come soon. Very soon (Japan, Thailand). Remittance is the short/medium term future with or without WU &/or MG. The ODL model is perfectly working and alive although with lower thresholds so I would not paint doom scenarios as you prefer to do but yes, keep having a critical look at what's happening.
  13. Couldn't agree more. You're describing better what I intended to say 😉. Indeed some exotic corridors might show the typical chicken & egg growth dilemma while other corridors where volumes are already present (e.g. EUR/USD) could have a better jump start. In any case we need more players that operate on corridors in both directions (!), instead of one big player (MG) which is obviously not a healthy business model. So yes, we need some more patience I guess.
  14. Lost liquidity after an exponential increase in a few months. Of course it's not good news but nothing to worry about and no need to emphasize. I see it as a reset for a more organic, healthy and sustainable growth.
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