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About Kal316

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  1. I used to work for IBM for ~5 years. I strongly disagree with you on the first quote, but strongly agree with you on the second quote. IBM has a history of being on the bleeding edge of technology only to fail in the long run. They infamously emphasized hardware over OS, making Bill Gates the richest man in the world. They backed the early internet, but picked token ring over ethernet. They have pushed pioneering but ultimately failed products such as Lotus, Tivoli, and midrange servers. IBM seems to constantly pick the right strategic direction at first but winds getting left in the
  2. Please don't hate me for this... But as someone who's been in the business world for quite some time, the bidding war over Earthport likely has very little to do with Ripple. There are countless other strategic opportunities that Earthport could offer Visa & MC that have nothing to do with Ripple, XRP or crypto in general. Sorry to rain on the parade. I know we are all looking for a light in dark times, but just because a business is a Ripple partner doesn't make every news bit about them Ripple-centric.
  3. I believe that all the speculative news that folks are eagerly anticipating need to come prior to widespread utility. Think about it - infrastructure like custody solutions, Wall St trading desks, regulatory clarity, etc. are prerequisites for massive, global adoption by financial institutions. You're focusing on trains hauling cargo cross-country, which is the endgame, while the speculators are focusing on the rails being laid and stations being built. They are two pieces of the same puzzle. No matter how you slice it, it's good news for XRP. I for one will be enjoying the proces
  4. Remember when Blockbuster was really slow to launch a mail-order DVD rental service (xCurrent) to compete with Netflix, but Netflix was already moving toward streaming (xRapid)? This is that.
  5. Hi everyone, We've often heard the theory that banks are taking a cautious approach to XRP, specifically xRapid, because they want to wait for regulatory clarity around cryptocurrencies. Are they a security? Are they not? Just what are they, anyway? However, if I understand it correctly, the payment flow for xRapid looks something like this: Bank A sends fiat to --> Exchange X, which buys XRP and sends to ---->Exchange Y, which sells XRP and sends fiat to ----> Bank B So here's the question - given that neither bank ever "touches" XRP, why do they care? From Ban
  6. Hi everyone, Long time lurker here. Some articles from September about Amazon potentially getting into the banking business popped into my head today, here are a couple for reference: http://fortune.com/2018/09/19/amazon-bank-account-prime-bain-survey/ https://www.forbes.com/sites/baininsights/2018/09/25/bank-customers-are-primed-and-ready-for-amazon/#5b552c1113fe This got me thinking, let's say Amazon really is making a push to get into the banking business from the ground up - which solution do you think they will go with: A slow, expensive legacy solution like SWIFT or a
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