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Bettergoham

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  1. Like
    Bettergoham got a reaction from Cesar1810 in MoneyGram International Reports Third Quarter 2019 Financial Results   
    It will take a while but I can not wait for the day we see a significant reduction in settlement assets.  Who knows how much moneygram currently has prefunded for just this corridor on a daily basis.  10MM, 25MM, 50MM?  Once 100% of flows for just this one corridor are live on ODL how much of that capital can go to paying down their enormous debt or investing in marketing etc?  This is probably why Brad said they are chomping at the bit to open more corridors!
  2. Like
    Bettergoham reacted to Tinyaccount in Tomorrow Oct 4th - Brad Garlinghouse 90min unfiltered interview by APompliano (btc supporter)   
    In order to have enough to continue your vital trolling efforts?
  3. Confused
    Bettergoham reacted to RobertStrong in Brad Garlinghouse on CNN airing on 09/12   
    I find it difficult to watch CNN FAKE NEWS... I blocked them on my news feeds, computers, search engines, and browsers.
  4. Thanks
    Bettergoham got a reaction from Molten in The Payments Modernization Act (Level Playing Field?)   
    Yeah, this is your average retail investor hearing the words "settlement" and "liquidity" and assuming it is all a giant conspiracy theory tied to Ripple and a new monetary system.  It's those people who will be ****** off 60 days from now when XRP hasn't moved.  Ripple is attempting to rebuild the way money moves, this will not happen overnight and there is no switch waiting to be flipped so that XRP moons.  It will be a slow and steady process that will be proven through utility and additional profits for organizations.
  5. Like
    Bettergoham got a reaction from codiusrex in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  6. Confused
    Bettergoham reacted to Valhalla_Guy in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    So RL is no longer attempting to replace the $US as the world’s base currency?? Or worse yet, (for all you America haters) they are hoping XRP will be pegged to the $US. Interesting how their messaging changes when realities set in.
    Hopefully Mr G and Mr. S. can wipe their social media posts, otherwise the glaring contradictions in the original designed XRP role and this new “Can’t we all just get along?” stance, will be hard to ignore.
    Reminds me of when they tried to claim XRP had nothing to do with RL... then scrambled to change to logo, after the fact.
    This open letter tells me that the lawsuit is not going well for RL, and they are now trying to make peace with their one time foe, before the hammer falls.
  7. Like
    Bettergoham got a reaction from GrayFox in The Payments Modernization Act (Level Playing Field?)   
    David Schwartz said it best, time is all relative in this space.  If you were hoping to get rich overnight then you are in the deepest pits of despair right now.
    If you understand that Ripple is attempting to replace a cracked foundation that was put in place over 40 years ago, you probably understand we are still a bit early.
  8. Like
    Bettergoham got a reaction from retryW in The Payments Modernization Act (Level Playing Field?)   
    David Schwartz said it best, time is all relative in this space.  If you were hoping to get rich overnight then you are in the deepest pits of despair right now.
    If you understand that Ripple is attempting to replace a cracked foundation that was put in place over 40 years ago, you probably understand we are still a bit early.
  9. Like
    Bettergoham got a reaction from Donkey in The Payments Modernization Act (Level Playing Field?)   
    This has been my exact question, what do they mean?  I believe the following:
    Level playing field on a domestic level entails large banks, small banks, and payments processors having the same ability to compete for business in the market place.
    Level playing field on a global level still seems to be related to competition between banks but also tied into politics.  On this write up https://www.bis.org/speeches/sp180130.htm, you can see Augustin talks about not only similar risk should be similar regulation but also the idea that in the face of crisis these banks should not have the ability to run to their respective governments and ask for a hand out.  If U.S. banks fail due to poor risk management the fed shouldn't simply be able to print up more dollars to prop them up.  If Chinese businesses fail and the banks in turn do then the government shouldn't be able to print more dollars to prop them hurting other economies.
    This is where the stretch and tin foil hat come into play, how do you do that?  Governments will always protect the large banks and businesses when given the power to do so or they would have a revolt on their hands from the people who are starving/broke.  Well maybe, just maybe if everyone shared a universal bridge asset of some sort where all eyes could see plain as day the value of different currencies then the different governments could not cheat one another.
  10. Like
    Bettergoham got a reaction from Donkey in The Payments Modernization Act (Level Playing Field?)   
    David Schwartz said it best, time is all relative in this space.  If you were hoping to get rich overnight then you are in the deepest pits of despair right now.
    If you understand that Ripple is attempting to replace a cracked foundation that was put in place over 40 years ago, you probably understand we are still a bit early.
  11. Like
    Bettergoham got a reaction from Donkey in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  12. Like
    Bettergoham got a reaction from GiddyUp in The Payments Modernization Act (Level Playing Field?)   
    This has been my exact question, what do they mean?  I believe the following:
    Level playing field on a domestic level entails large banks, small banks, and payments processors having the same ability to compete for business in the market place.
    Level playing field on a global level still seems to be related to competition between banks but also tied into politics.  On this write up https://www.bis.org/speeches/sp180130.htm, you can see Augustin talks about not only similar risk should be similar regulation but also the idea that in the face of crisis these banks should not have the ability to run to their respective governments and ask for a hand out.  If U.S. banks fail due to poor risk management the fed shouldn't simply be able to print up more dollars to prop them up.  If Chinese businesses fail and the banks in turn do then the government shouldn't be able to print more dollars to prop them hurting other economies.
    This is where the stretch and tin foil hat come into play, how do you do that?  Governments will always protect the large banks and businesses when given the power to do so or they would have a revolt on their hands from the people who are starving/broke.  Well maybe, just maybe if everyone shared a universal bridge asset of some sort where all eyes could see plain as day the value of different currencies then the different governments could not cheat one another.
  13. Like
    Bettergoham got a reaction from GiddyUp in The Payments Modernization Act (Level Playing Field?)   
    David Schwartz said it best, time is all relative in this space.  If you were hoping to get rich overnight then you are in the deepest pits of despair right now.
    If you understand that Ripple is attempting to replace a cracked foundation that was put in place over 40 years ago, you probably understand we are still a bit early.
  14. Like
    Bettergoham got a reaction from GiddyUp in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  15. Like
    Bettergoham got a reaction from Babelly in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  16. Like
    Bettergoham got a reaction from XRPboi in The Payments Modernization Act (Level Playing Field?)   
    This has been my exact question, what do they mean?  I believe the following:
    Level playing field on a domestic level entails large banks, small banks, and payments processors having the same ability to compete for business in the market place.
    Level playing field on a global level still seems to be related to competition between banks but also tied into politics.  On this write up https://www.bis.org/speeches/sp180130.htm, you can see Augustin talks about not only similar risk should be similar regulation but also the idea that in the face of crisis these banks should not have the ability to run to their respective governments and ask for a hand out.  If U.S. banks fail due to poor risk management the fed shouldn't simply be able to print up more dollars to prop them up.  If Chinese businesses fail and the banks in turn do then the government shouldn't be able to print more dollars to prop them hurting other economies.
    This is where the stretch and tin foil hat come into play, how do you do that?  Governments will always protect the large banks and businesses when given the power to do so or they would have a revolt on their hands from the people who are starving/broke.  Well maybe, just maybe if everyone shared a universal bridge asset of some sort where all eyes could see plain as day the value of different currencies then the different governments could not cheat one another.
  17. Like
    Bettergoham got a reaction from VanGogh in The Payments Modernization Act (Level Playing Field?)   
    This has been my exact question, what do they mean?  I believe the following:
    Level playing field on a domestic level entails large banks, small banks, and payments processors having the same ability to compete for business in the market place.
    Level playing field on a global level still seems to be related to competition between banks but also tied into politics.  On this write up https://www.bis.org/speeches/sp180130.htm, you can see Augustin talks about not only similar risk should be similar regulation but also the idea that in the face of crisis these banks should not have the ability to run to their respective governments and ask for a hand out.  If U.S. banks fail due to poor risk management the fed shouldn't simply be able to print up more dollars to prop them up.  If Chinese businesses fail and the banks in turn do then the government shouldn't be able to print more dollars to prop them hurting other economies.
    This is where the stretch and tin foil hat come into play, how do you do that?  Governments will always protect the large banks and businesses when given the power to do so or they would have a revolt on their hands from the people who are starving/broke.  Well maybe, just maybe if everyone shared a universal bridge asset of some sort where all eyes could see plain as day the value of different currencies then the different governments could not cheat one another.
  18. Like
    Bettergoham got a reaction from Roaring_Twenties in The Payments Modernization Act (Level Playing Field?)   
    This has been my exact question, what do they mean?  I believe the following:
    Level playing field on a domestic level entails large banks, small banks, and payments processors having the same ability to compete for business in the market place.
    Level playing field on a global level still seems to be related to competition between banks but also tied into politics.  On this write up https://www.bis.org/speeches/sp180130.htm, you can see Augustin talks about not only similar risk should be similar regulation but also the idea that in the face of crisis these banks should not have the ability to run to their respective governments and ask for a hand out.  If U.S. banks fail due to poor risk management the fed shouldn't simply be able to print up more dollars to prop them up.  If Chinese businesses fail and the banks in turn do then the government shouldn't be able to print more dollars to prop them hurting other economies.
    This is where the stretch and tin foil hat come into play, how do you do that?  Governments will always protect the large banks and businesses when given the power to do so or they would have a revolt on their hands from the people who are starving/broke.  Well maybe, just maybe if everyone shared a universal bridge asset of some sort where all eyes could see plain as day the value of different currencies then the different governments could not cheat one another.
  19. Like
    Bettergoham got a reaction from Roaring_Twenties in The Payments Modernization Act (Level Playing Field?)   
    David Schwartz said it best, time is all relative in this space.  If you were hoping to get rich overnight then you are in the deepest pits of despair right now.
    If you understand that Ripple is attempting to replace a cracked foundation that was put in place over 40 years ago, you probably understand we are still a bit early.
  20. Like
    Bettergoham got a reaction from VanGogh in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  21. Like
    Bettergoham got a reaction from cryptoxrp in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  22. Like
    Bettergoham got a reaction from Spartaksus in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  23. Like
    Bettergoham got a reaction from itcdominic in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  24. Like
    Bettergoham got a reaction from XRPboi in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
  25. Like
    Bettergoham got a reaction from Xrpdude in The Payments Modernization Act (Level Playing Field?)   
    1.) I think Dilip Rao has commented that for a central bank Ripple could probably provide their software for free.  I think Ryan Zagone was on the faster payments task force.  I think when the FTPF asked for comment Dilip Rao responded explaining how their software would level the playing field and could quickly be set up.
    2.) I think Brad Garlinghouse has had one on one conversations with Mnuchin and has presented their software in front of the IMF and Central Banks of the world.
    3.) I think Trump has talked to Japan about a level playing field and 80% of Japan's banks run on xCurrent.
    I don't think it is a stretch to say the Federal Reserve could potentially use xCurrent as a quick setup Real Time Payment System that would level the playing field for large and small company's alike.
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