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Bettergoham

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  1. Like
    Bettergoham got a reaction from itcdominic in App Question   
    It's not here yet, however, I strongly believe this is where the world is headed.  I firmly believe that sometime in the near future you will be able to leave your home country of Japan with your moneytap app and travel to Spain.  You go to pay for a meal and someone at the restaurant will open their soon to exist PagoFX app.  You will see the requested payment in euro on their screen, you will see how much yen that totals on your screen, accept a confirmation, and payment will be sent with immediate conversion through XRP in the middle.
     
    This **** is the ******* future and I have no idea how people don't see it.
  2. Like
    Bettergoham got a reaction from QuantumOfSolace in Page 9 says it all... Or not?...SEC Framework just released   
    "
    Although no one of the following characteristics of use or consumption is necessarily determinative, the stronger their presence, the less likely the Howey test is met
    1.) Check 
    2.) Check
    3.) Check 
    4.) Ehh
    5.) Check 
  3. Like
    Bettergoham got a reaction from Cesar1810 in Santander Pago FX   
    This is literally the internet of value.  I firmly believe that one day whether it is Pago FX, moneytap, or any other app soon to be developed you will soon be able to travel the world with your cell phone and make payments to anyone in any currency instantly and cheaply.  
    I am so ******* excited by this announcement, we are so early to this party.
  4. Like
    Bettergoham got a reaction from ClosedMyEyes in Page 9 says it all... Or not?...SEC Framework just released   
    "
    Although no one of the following characteristics of use or consumption is necessarily determinative, the stronger their presence, the less likely the Howey test is met
    1.) Check 
    2.) Check
    3.) Check 
    4.) Ehh
    5.) Check 
  5. Like
    Bettergoham got a reaction from ClosedMyEyes in MV37   
    Does anyone know how to look at the ledger tps on those two days?  If the idea that this testing led to the massive spike in price we should see a huge spike in ledger tps.
     
    Sorry this is just total transactions, not tps

  6. Like
    Bettergoham got a reaction from automatic in XRP Liquidity — Why it’s important?   
    My understanding of the lightening network is incredibly limited so this may be fud, but doesn't someone always need to keep Bitcoing "locked up" on the network to provide liquidity?
    If so isn't that basically correspondent banking or are they making some money some how?  Do they charge rent (interest) on the locked up Bitcoin or is there a spread they are making money on which would incentivize those people do to so as exchanges are with xrp.
  7. Like
    Bettergoham got a reaction from DD_XRP in MV37   
    Does anyone know how to look at the ledger tps on those two days?  If the idea that this testing led to the massive spike in price we should see a huge spike in ledger tps.
     
    Sorry this is just total transactions, not tps

  8. Like
    Bettergoham got a reaction from Babelly in MV37   
    Does anyone know how to look at the ledger tps on those two days?  If the idea that this testing led to the massive spike in price we should see a huge spike in ledger tps.
     
    Sorry this is just total transactions, not tps

  9. Like
    Bettergoham got a reaction from blueorchid in We all got fooled again.   
    Many of the people on this forum understand what I am going to type out but there are others who have no clue just how far we are from adoption and real "moon time".  Investing in XRP is  incredibly risky venture, this is a fact, you can not have insane return expectation without equally insane amount of risk. Do you buy a lotto ticket and complain you didn't win?  There are so many ways Ripple/R3/Coil/XRP can fail it isn't even a joke, Swift can suddenly find a way to compete and already have the network effects in place, banks can decide that XCurrent is good enough, several G20 countries could suddenly outlaw Crypto across the board, etc.
    The chances of failure are so great but without them none of us would still be expecting 50x - 100x returns.  So why are we here then and what time line are we looking at?  Ripple and others building the XRP ecosystem have had the same vision for  5-6 years now, build the internet of value and put a dent in the universe.  They want to do for the world's financial system what the internet did for information.  When the internet was created no one suddenly had the internet, the literal pipes and cables had to be laid, network service providers had to be built, and people had to be sold on the idea of the internet and it's capabilities.  The majority of that process took 10-15ish years.
    So where are we at?  Ripple and co. are still laying the pipes, XCurrent is simply getting banks and payment providers on the same network.  Once the network is big enough we can actually understand the maximum potential for this network and build upon that.  If you are on this forum you likely believe that the maximum potential is everyone on that network uses XRP to send remittances instantly and cheaply around the world.  That one day I can fly to japan, download their moneytap app, connect it to my bank account in the U.S. and instantly pay someone yen without even understand what's happening in the background.
    That is a long ******* time away but I see the potential.  I escrowed my XRP with an understanding that this **** is binary, fail or pass, nothing in between.  That is the risk, discount the money you expect XRP to return if successful anytime in the next 5 years, if it meets your return expectation awesome if it doesn't get out now.  Agree with me or not on how I should be looking at XRP as an investment, I took money I could afford to lose ran to the casino and put it on 00, if you got in this with an expectation that would were for sure making money you need to google "risk-return" right now.  Damordan, finance professor at NYU Stern, likes the Chinese symbol for risk because it is comprised of the symbols for danger and opportunity, whether that is the correct translation or not it is perfect for XRP.
    Edit: I chose 5 years because I got in this about a year and a half ago and Ripple escrowed their XRP until 2023.  I believe that basically means they understand that if this thing isn't showing major signs of success by then it just isn't going to happen.
  10. Like
    Bettergoham reacted to VanGogh in We all got fooled again.   
    I like and agree with a lot of what you write, but I don't agree on the timeline. Though to fully play out with large banks and governments, it will take numerous years, the rest will happen a lot more quickly than the dot-com build up and adoption because we have that very technology to speed it ahead, gain awareness (it would only take one major company or event to become a viral thing let alone a geo-political event such as Russia and Iran). Much of this new "velocity of money" is going to happen quickly. There are already large companies and institutions pushing hard to make this a reality. 
  11. Like
    Bettergoham got a reaction from Global in We all got fooled again.   
    Many of the people on this forum understand what I am going to type out but there are others who have no clue just how far we are from adoption and real "moon time".  Investing in XRP is  incredibly risky venture, this is a fact, you can not have insane return expectation without equally insane amount of risk. Do you buy a lotto ticket and complain you didn't win?  There are so many ways Ripple/R3/Coil/XRP can fail it isn't even a joke, Swift can suddenly find a way to compete and already have the network effects in place, banks can decide that XCurrent is good enough, several G20 countries could suddenly outlaw Crypto across the board, etc.
    The chances of failure are so great but without them none of us would still be expecting 50x - 100x returns.  So why are we here then and what time line are we looking at?  Ripple and others building the XRP ecosystem have had the same vision for  5-6 years now, build the internet of value and put a dent in the universe.  They want to do for the world's financial system what the internet did for information.  When the internet was created no one suddenly had the internet, the literal pipes and cables had to be laid, network service providers had to be built, and people had to be sold on the idea of the internet and it's capabilities.  The majority of that process took 10-15ish years.
    So where are we at?  Ripple and co. are still laying the pipes, XCurrent is simply getting banks and payment providers on the same network.  Once the network is big enough we can actually understand the maximum potential for this network and build upon that.  If you are on this forum you likely believe that the maximum potential is everyone on that network uses XRP to send remittances instantly and cheaply around the world.  That one day I can fly to japan, download their moneytap app, connect it to my bank account in the U.S. and instantly pay someone yen without even understand what's happening in the background.
    That is a long ******* time away but I see the potential.  I escrowed my XRP with an understanding that this **** is binary, fail or pass, nothing in between.  That is the risk, discount the money you expect XRP to return if successful anytime in the next 5 years, if it meets your return expectation awesome if it doesn't get out now.  Agree with me or not on how I should be looking at XRP as an investment, I took money I could afford to lose ran to the casino and put it on 00, if you got in this with an expectation that would were for sure making money you need to google "risk-return" right now.  Damordan, finance professor at NYU Stern, likes the Chinese symbol for risk because it is comprised of the symbols for danger and opportunity, whether that is the correct translation or not it is perfect for XRP.
    Edit: I chose 5 years because I got in this about a year and a half ago and Ripple escrowed their XRP until 2023.  I believe that basically means they understand that if this thing isn't showing major signs of success by then it just isn't going to happen.
  12. Like
    Bettergoham got a reaction from mrongey in We all got fooled again.   
    Many of the people on this forum understand what I am going to type out but there are others who have no clue just how far we are from adoption and real "moon time".  Investing in XRP is  incredibly risky venture, this is a fact, you can not have insane return expectation without equally insane amount of risk. Do you buy a lotto ticket and complain you didn't win?  There are so many ways Ripple/R3/Coil/XRP can fail it isn't even a joke, Swift can suddenly find a way to compete and already have the network effects in place, banks can decide that XCurrent is good enough, several G20 countries could suddenly outlaw Crypto across the board, etc.
    The chances of failure are so great but without them none of us would still be expecting 50x - 100x returns.  So why are we here then and what time line are we looking at?  Ripple and others building the XRP ecosystem have had the same vision for  5-6 years now, build the internet of value and put a dent in the universe.  They want to do for the world's financial system what the internet did for information.  When the internet was created no one suddenly had the internet, the literal pipes and cables had to be laid, network service providers had to be built, and people had to be sold on the idea of the internet and it's capabilities.  The majority of that process took 10-15ish years.
    So where are we at?  Ripple and co. are still laying the pipes, XCurrent is simply getting banks and payment providers on the same network.  Once the network is big enough we can actually understand the maximum potential for this network and build upon that.  If you are on this forum you likely believe that the maximum potential is everyone on that network uses XRP to send remittances instantly and cheaply around the world.  That one day I can fly to japan, download their moneytap app, connect it to my bank account in the U.S. and instantly pay someone yen without even understand what's happening in the background.
    That is a long ******* time away but I see the potential.  I escrowed my XRP with an understanding that this **** is binary, fail or pass, nothing in between.  That is the risk, discount the money you expect XRP to return if successful anytime in the next 5 years, if it meets your return expectation awesome if it doesn't get out now.  Agree with me or not on how I should be looking at XRP as an investment, I took money I could afford to lose ran to the casino and put it on 00, if you got in this with an expectation that would were for sure making money you need to google "risk-return" right now.  Damordan, finance professor at NYU Stern, likes the Chinese symbol for risk because it is comprised of the symbols for danger and opportunity, whether that is the correct translation or not it is perfect for XRP.
    Edit: I chose 5 years because I got in this about a year and a half ago and Ripple escrowed their XRP until 2023.  I believe that basically means they understand that if this thing isn't showing major signs of success by then it just isn't going to happen.
  13. Like
    Bettergoham got a reaction from VanGogh in We all got fooled again.   
    Many of the people on this forum understand what I am going to type out but there are others who have no clue just how far we are from adoption and real "moon time".  Investing in XRP is  incredibly risky venture, this is a fact, you can not have insane return expectation without equally insane amount of risk. Do you buy a lotto ticket and complain you didn't win?  There are so many ways Ripple/R3/Coil/XRP can fail it isn't even a joke, Swift can suddenly find a way to compete and already have the network effects in place, banks can decide that XCurrent is good enough, several G20 countries could suddenly outlaw Crypto across the board, etc.
    The chances of failure are so great but without them none of us would still be expecting 50x - 100x returns.  So why are we here then and what time line are we looking at?  Ripple and others building the XRP ecosystem have had the same vision for  5-6 years now, build the internet of value and put a dent in the universe.  They want to do for the world's financial system what the internet did for information.  When the internet was created no one suddenly had the internet, the literal pipes and cables had to be laid, network service providers had to be built, and people had to be sold on the idea of the internet and it's capabilities.  The majority of that process took 10-15ish years.
    So where are we at?  Ripple and co. are still laying the pipes, XCurrent is simply getting banks and payment providers on the same network.  Once the network is big enough we can actually understand the maximum potential for this network and build upon that.  If you are on this forum you likely believe that the maximum potential is everyone on that network uses XRP to send remittances instantly and cheaply around the world.  That one day I can fly to japan, download their moneytap app, connect it to my bank account in the U.S. and instantly pay someone yen without even understand what's happening in the background.
    That is a long ******* time away but I see the potential.  I escrowed my XRP with an understanding that this **** is binary, fail or pass, nothing in between.  That is the risk, discount the money you expect XRP to return if successful anytime in the next 5 years, if it meets your return expectation awesome if it doesn't get out now.  Agree with me or not on how I should be looking at XRP as an investment, I took money I could afford to lose ran to the casino and put it on 00, if you got in this with an expectation that would were for sure making money you need to google "risk-return" right now.  Damordan, finance professor at NYU Stern, likes the Chinese symbol for risk because it is comprised of the symbols for danger and opportunity, whether that is the correct translation or not it is perfect for XRP.
    Edit: I chose 5 years because I got in this about a year and a half ago and Ripple escrowed their XRP until 2023.  I believe that basically means they understand that if this thing isn't showing major signs of success by then it just isn't going to happen.
  14. Like
    Bettergoham got a reaction from WuWei in We all got fooled again.   
    Many of the people on this forum understand what I am going to type out but there are others who have no clue just how far we are from adoption and real "moon time".  Investing in XRP is  incredibly risky venture, this is a fact, you can not have insane return expectation without equally insane amount of risk. Do you buy a lotto ticket and complain you didn't win?  There are so many ways Ripple/R3/Coil/XRP can fail it isn't even a joke, Swift can suddenly find a way to compete and already have the network effects in place, banks can decide that XCurrent is good enough, several G20 countries could suddenly outlaw Crypto across the board, etc.
    The chances of failure are so great but without them none of us would still be expecting 50x - 100x returns.  So why are we here then and what time line are we looking at?  Ripple and others building the XRP ecosystem have had the same vision for  5-6 years now, build the internet of value and put a dent in the universe.  They want to do for the world's financial system what the internet did for information.  When the internet was created no one suddenly had the internet, the literal pipes and cables had to be laid, network service providers had to be built, and people had to be sold on the idea of the internet and it's capabilities.  The majority of that process took 10-15ish years.
    So where are we at?  Ripple and co. are still laying the pipes, XCurrent is simply getting banks and payment providers on the same network.  Once the network is big enough we can actually understand the maximum potential for this network and build upon that.  If you are on this forum you likely believe that the maximum potential is everyone on that network uses XRP to send remittances instantly and cheaply around the world.  That one day I can fly to japan, download their moneytap app, connect it to my bank account in the U.S. and instantly pay someone yen without even understand what's happening in the background.
    That is a long ******* time away but I see the potential.  I escrowed my XRP with an understanding that this **** is binary, fail or pass, nothing in between.  That is the risk, discount the money you expect XRP to return if successful anytime in the next 5 years, if it meets your return expectation awesome if it doesn't get out now.  Agree with me or not on how I should be looking at XRP as an investment, I took money I could afford to lose ran to the casino and put it on 00, if you got in this with an expectation that would were for sure making money you need to google "risk-return" right now.  Damordan, finance professor at NYU Stern, likes the Chinese symbol for risk because it is comprised of the symbols for danger and opportunity, whether that is the correct translation or not it is perfect for XRP.
    Edit: I chose 5 years because I got in this about a year and a half ago and Ripple escrowed their XRP until 2023.  I believe that basically means they understand that if this thing isn't showing major signs of success by then it just isn't going to happen.
  15. Like
    Bettergoham got a reaction from Hodlezerper in The Clearinghouse - Competition or Opportunity?   
    It is an opportunity, the clearing house is a domestic settlement network.  The way I see it, each country will have their own RTGS system up and running by 2021ish with API capabilities.  This will allow for multiphop connectivity to ripplenet.
  16. Like
    Bettergoham got a reaction from KarmaCoverage in The Clearinghouse - Competition or Opportunity?   
    It is an opportunity, the clearing house is a domestic settlement network.  The way I see it, each country will have their own RTGS system up and running by 2021ish with API capabilities.  This will allow for multiphop connectivity to ripplenet.
  17. Like
    Bettergoham got a reaction from KarmaCoverage in XRP could be theoretically used in domestic payment transfer via the US’ ACH system, says Uphold CEO   
    The Faster Payments Task Force asked for comments on whether or not the Federal Reserve should develop an RTGS system and also if it should develop a liquidity management tool either themselves or with help from the private sector.
    If you read through the comments made, most large banks seem to agree that the The Clearing House's RTP system is the future domestically and that the Federal Reserve should not intervene at this point because it would only hinder adoption of this RTGS system that has been in the works for several years.
    Domestically, it appears that the RTP system will continue to gain traction and that it should be widely adopted in the U.S. by 2020.
  18. Thanks
    Bettergoham reacted to Cobalt in XRapid ONLY uses XRP as counter currency   
    The difference is the initial source of the XRPs. For the pioneering institutions, XRP may have been provided to them by Ripple (with stringent conditions on sale, transfer,etc) as a form of incentive to participate in the initiative. This means that effectively the only cost the first wave of institutional customers bear would be the implementation cost. Subsequent waves would have to obtain XRPs from the open market and ideally by then there would have been critical mass achieved in RippleNet i.e. the network effect would have kicked in and network participation value would have exceeded the costs (both tangible and intangible) of joining the global network.
    Doing away with the Nostro/Vostro accounts then frees up the huge amount of capital that is presently locked up in the traditional system. And this translates to an immense amount of liquidity (trillions of dollars) that can be injected into the global markets. The downside of this is the potential inflationary pressures that can arise and manifested as price rises in a broad spectrum of asset classes, both traditional and otherwise. 
  19. Like
    Bettergoham got a reaction from DreXRP in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  20. Thanks
    Bettergoham got a reaction from panmores in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  21. Like
    Bettergoham got a reaction from Wesa182 in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  22. Like
    Bettergoham got a reaction from PunishmentOfLuxury in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  23. Like
    Bettergoham got a reaction from ObeyTheWafflehouse in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  24. Like
    Bettergoham got a reaction from cryptoxrp in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
  25. Like
    Bettergoham got a reaction from retryW in Accenture, Spoke & Hub, Global Takeover   
    I was going down the rabbit hole again and stumbled across this link at Accenture:
    https://www.accenture.com/t20181030T101039Z__w__/us-en/_acnmedia/PDF-23/Accenture-Banking-Real-time-Cross-Border-Payments.pdf#zoom=50
    On page 6 they discuss a software provider called D&H which "provide standard Ripple integration to their payment engines platform", this is a new one we haven't heard of I believe.  You also can't find anything on their website about Ripple, NDA?
    Page 7 is a ******* bamboozle of exciting **** that only partners could really have confidence saying:
    "Ripple has proven technology. It is already in operation with banks like Santander and Fidor and is being implemented by others. Governments and central banks are interested and supportive of the technology, and among commercial banks there is a strong desire and appetite to road test the technology with real live transactions. Numerous banks have run internal proof of concepts including the real transfer of money. Thirty have completed pilots and are actively progressing plans to extend into live operation, including a group of several banks who are forming an alliance to build a cross-border payments network together. These banks are drawn from the top 50 banks globally, broadly configured to enable wide geographic reach, with one bank per geography, each with access to local domestic clearing systems.
    "The Ripple enterprise solution is mature enough to launch and scale a cross-border payments network, and a consortium of banks is forming to use this Ripple technology to keep ahead of the competition." <- In my opinion this consortium are the 12 that met on the eve of Swell to discuss governance.
    This is happening now, Ripple has partnered with hubs all over the world and the spokes will be dragged along due to the beauty of network effects.  PSP/Banking Software providers have been partnered with Ripple for years and are fully integrated into the network.  When the network has enough "value" a simple choice will be made by send payments via correspondent banking or send them via Ripplenet.
    These plans have been in place for 5 years, testing is over I believe we are right around the corner from a massive "switch" being flipped.  If Ripple has captured the hub in 40 countries as they state they have access to the majority of all banks in each country and those banks have the option to tap ripplenet.
    Edit: D&H was known, hidden, but known.  The more interesting part is the statements made by Accenture.
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