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cmbartley

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  1. Like
    cmbartley got a reaction from xrpmommy in Tiffany Hayden   
    Stronghold liked this tweet:
    https://twitter.com/EllipticHerb/status/1129417674499534849?s=19
  2. Like
    cmbartley got a reaction from XRPwinning in TransferWise executing cross border payments in secs without using any Ripple solutions   
    Payment is an agreement to transfer legal ownership of funds. Settlement is completed transfer of legal ownership of funds. Reversal of a payment is legal, subject to the contractual obligations between the transacting parties. Unauthorized reversal of settled funds is theft.
  3. Like
    cmbartley reacted to Chris_Reeves in Payroll Application on XRPL   
    Food for thought:
    In current payroll processing systems, the books need to be closed by Tuesday, maybe Wednesday, in order for bank accounts to be funded by Friday. Is it as simple as having all of the financial institutions utilizing DLT for instant transfer to eliminate the need to close books so early? Or would it require an application to be developed to work within the payroll systems?
  4. Thanks
    cmbartley got a reaction from LordVetinari in Stellar network goes down   
    Story:
    https://twitter.com/XrpCenter/status/1128982323846942720?s=19
    Lots of good info from Tim Swanson here:
    https://twitter.com/ofnumbers/status/1128866873318223872?s=19
  5. Thanks
    cmbartley got a reaction from xrpmommy in Panel with Stronghold,omni and coil @ aws event   
    Nice find
  6. Thanks
    cmbartley got a reaction from Sebastian in Stellar network goes down   
    Story:
    https://twitter.com/XrpCenter/status/1128982323846942720?s=19
    Lots of good info from Tim Swanson here:
    https://twitter.com/ofnumbers/status/1128866873318223872?s=19
  7. Thanks
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  13. Like
    cmbartley got a reaction from Zerp_Legend in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
  14. Like
    cmbartley got a reaction from Kiwi in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
  15. Like
    cmbartley got a reaction from AlvaroXRP in *PSA* Tether is putting these XRP exchanges at risk: Bitfinex, Bittrex, Kraken & others.   
    Unfortunately Ripple continues to base it's monthly sales on inflated numbers...
  16. Like
    cmbartley got a reaction from cryptoxrp in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
  17. Like
    cmbartley got a reaction from GrumpyDon in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
  18. Like
    cmbartley got a reaction from Cesar1810 in Does progmatic sells benefits XRP ecosystem?   
    Really? Let's get a public statement on the record from Ripple saying they don't subsidize the other half of their business with XRP sales. You'd think that statement would be included in every markets report if it were the case. Not to mention that I'd question their judgement if they weren't managing treasury in a way that benefits the company as a whole. Might as well form a second company if there are no funds flows between the two. 
  19. Like
    cmbartley got a reaction from GiddyUp in ID/authentification for bank accounts   
    Ripple seemed to be supportive of the technology that Cambridge Blockchain is working on (blockchain identity verification). http://cambridge-blockchain.com/
    They won one of Santander Innoventures competition last year
  20. Like
    cmbartley reacted to AlvaroXRP in Does progmatic sells benefits XRP ecosystem?   
    Of course they are using money made by selling xrp for non xrp related bussiness. xCurrent profit is not enough to pay 300 salaries/bonuses for top notch execs and programmers + infrastructure. 
  21. Like
    cmbartley got a reaction from WillGetThere in Does progmatic sells benefits XRP ecosystem?   
    Really? Let's get a public statement on the record from Ripple saying they don't subsidize the other half of their business with XRP sales. You'd think that statement would be included in every markets report if it were the case. Not to mention that I'd question their judgement if they weren't managing treasury in a way that benefits the company as a whole. Might as well form a second company if there are no funds flows between the two. 
  22. Like
    cmbartley got a reaction from 1Ton in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
  23. Like
    cmbartley got a reaction from AlvaroXRP in Does progmatic sells benefits XRP ecosystem?   
    Really? Let's get a public statement on the record from Ripple saying they don't subsidize the other half of their business with XRP sales. You'd think that statement would be included in every markets report if it were the case. Not to mention that I'd question their judgement if they weren't managing treasury in a way that benefits the company as a whole. Might as well form a second company if there are no funds flows between the two. 
  24. Like
    cmbartley got a reaction from 1Ton in Does progmatic sells benefits XRP ecosystem?   
    Really? Let's get a public statement on the record from Ripple saying they don't subsidize the other half of their business with XRP sales. You'd think that statement would be included in every markets report if it were the case. Not to mention that I'd question their judgement if they weren't managing treasury in a way that benefits the company as a whole. Might as well form a second company if there are no funds flows between the two. 
  25. Like
    cmbartley got a reaction from Ripple-Stiltskin in Does progmatic sells benefits XRP ecosystem?   
    I would think of it this way, on balance it helps the XRP ecosystem but less than the same amount of cash would if it were directed only toward XRP. Here's how I see it:
    Ripple is a company and is not synonymous with XRP. Ripple owns a lot of XRP and they use sales of XRP to fund Ripple, not exclusively XRPL-related development. So they are subsidizing their non-XRP business with sales of XRP. What we don't know is what % of each dollar gained from XRP sales goes toward XRPL-related development. David has said more than once that Ripple as a company can succeed without XRP succeeding. How would you feel if they only succeeded because of their sales of XRP? Sales of XRP also likely go toward charitable donations, so the Ripple brand (not necessarily XRP) benefits from sales of XRP. Sales of XRP also fund blockchain curricula around the globe, which is loosely beneficial to XRP but also to other blockchain-related enterprises and assets. The list goes on. How many engineers salaries are funded by sales of XRP XRP though they're integration specialists only for non-XRP tech? Etc.
    It would help if it were public how much revenue the rest of their non-XRP business generates but as a private company they don't have to disclose that, and they probably shouldn't. 
    So, the Ripple army is subsidizing the non-XRP Ripple business. Remeber that every time you purchase. Question is, where would XRPL be without Ripple? Probably nowhere. The gateway strategy died and without a core company continuing to build, market, and incentivize use of and development on top of XRPL the XRP you hold would likely be worthless.
    So while a fraction of XRP sales go toward the XRP ecosystem, the system is likely better off with those sales than without. Ripple continues to try to walk a tight line. I'm not selling currently, but I'm not buying either.
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