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opaopa

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  1. Anyone found something with this script? I’m unfortunately not able to try it right now
  2. Agreed. Central parties, be it banks or Samsung/Apple/Google/Facebook, will still fill an important role should the crypto revolution happen. They are not going anywhere - but for the first time people can choose to not use them and still send value across the world, which of course is amazing, but most people will still choose a service provider which helps them with this task. What Ripple needs is to be able to help these central parties fulfill their obligations on AML, KYC and fraud prevention on a timescale which is lightning fast compared to today's standards. Good thing that the more the network grows, the more information is available and the better the analysis of these aspects should become. In today's AML, KYC and fraud prevention, each central party is its own island of information (even though there are some efforts of collaboration). In the future it will be absolutely necessary to be able to share information between all central parties in a network in some sort of distributed ledger technology...
  3. So today, basically every transaction within the banking system takes >=1 banking day(s). This slowness of the system actually gives an advantage when it comes to AML, KYC and fraud prevention, as it gives the banks time to react to suspicious transactions and potentially stop transactions. Also, the high fees of moving money at least creates a cost for money launderers to perform lots of transaction to obscure the trace of money. In comes crypto currency with virtually instant settlement, cheap transactions and world spanning networks. You bet that legislators are worried about the aspects of AML, KYC and fraud prevention. See for example this article, which tries to blame North Korea's weapons of mass destruction on money laundering and fraud through Crypto Currency (Like... really? I don't buy it). Any serious integration of a crypto currency to the world economy definitely need to provide a solution to these perceived problems of the worlds legislators. This was one of the main reasons I chose to invest in XRP to begin with, it is one of few crypto currencies with an accountable counter party on which the legislators can direct their legislative demands for AML, KYC and fraud prevention. Ripple will need to solve these issues with XRP before any serious adoption will happen, and it has to be some sort of machine learning solution with big data given the volumes and speeds the solution has to be able to intervene on. If Coinfirm is an appropriate solution remains to be seen, but a solution like it is absolutely necessary for adoption.
  4. Seems like you are contradicting yourself. “Micropayments will start in payroll, but because of current culture the model doesn’t fit.” However on the internet there isn’t a developed culture for payments. Both content creators and consumers would benefit from micropayments and neither group is content with the current model of paywalls or subscriptions. So why wouldn’t micropayments start there? I’m personally longing for micropayments in my leisure consumer activity.
  5. What is really interesting is what is the reactions from the market on moneygrams valuation. Currently up 100% https://finance.yahoo.com/quote/MGI?p=MGI&.tsrc=fin-srch. But also do note that the valuation was quite low to begin with. Anyway, with how sceptic institutional investors might be towards holding crypto assets, they prefer their stocks, i think the reaction in the stock market is more accurate in reflecting investor emotions on Ripples and XRPs potential. And I don't understand how a $30M investment translates to 8 - 10 % equity if current market cap of moneygram is $80M? Edit: Yikes, they paid $4.10 per share. No wonder the stock is up.
  6. Yeah no one likes paywalls, but that is why we have to support coil. Today coil is just another paywall, but it might become THE paywall. I think that most people don't like paywalls since it is complicated to make a payment towards each new corporation. It is matter of convenience, not that you necessarily don't like to pay for your consumption. It is also a matter of bundled consumption, that I have to pay a monthly fee to consume content from only one corporation. But if the internet agreed on one paywall standard with efficient transactions, and thereby eliminated the inconvenience and the need to bundle consumption, then I think that the potential to monetize content online would increase exponentially. I think that coil is aiming to solve these problems so why would you react to it as just another paywall? Surely no one would object to pay hodor 1 cent for every blog he writes - as long as it would be convenient to do so?
  7. Finally some value for my coil subscription... Now, don't go spending it all in one place!
  8. Imagine the fees of coinbase and visa combined though.
  9. Why would anyone want to maintain a balance of crypto on coinbase, only to be able to use this card? Am i missing something, does anyone see a benefit in having this card?
  10. There is a connector on ILP which have provided FIAT in exchange for some crypto currency, maybe XRP, maybe ETH. It seems from the text that the connector is supposed to be active going forward. Need more information.
  11. Need more information. What fiat is it? Is this coinbase related?
  12. It seems unlikely that this extension in any way is endorsed by Google. At the link below it is said that the extension is provided by RA Dynamics, while the "news source" claims google themselves have put the word XRP in their mouth. I wish! This is simply an integration of XRPtipbot functionality in some random google chrome extension, nothing to get overly excited about. https://chrome.google.com/webstore/detail/moneymessage/agmiligeoamcmpcmakoknihhcbdgffpp
  13. Speaking in terms of potential i would argue that this partnership is more significant then both SBI and Santander. Markets like India where there is a huge demand for cheap services and where every 50 cents counts for the citizens, that is markets where the real potential lies for adoption. https://en.wikipedia.org/wiki/Remittances_to_India "Remittances to India are money transfers from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's leading receiver of remittances, claiming more than 12% of the world's remittances in 2015.Remittances to India stood at US$68.91 billion in 2015, accounting for over 4% of the country's GDP." 15% of that market is HUGE.
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