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Everything posted by paym8

  1. i don't think so, I think it means they have bought back the stocks based on Ripple company current valuation of 15 billion compared to the 10 billion it was valued at when the stocks were first issued. meaning they received more back than they invested, am I close? thus appeasing the unhappy investors, tetragon & the like
  2. BIS - distributed ledgers & the goernance of money If These supposed experts/influencers took off their prescribed coloured blinkers & put as much time and effort into researching the XRPL and ripple instead of incessantly excluding/ignoring them for conflicting/nefarious reasons: & then also researched projects like flare running alongside the XRPL then they could come up with a lot more satisfying remedies and conclusions for more optimal outcomes in the real world use cases. I read 8 pages of this, and the references to Buterin and POW & POS & rents for validators, incentives etc etc are already numerous: And the circle of rent, security, scalability trilemma "Buterins Trilemma" as the only consideration for achieving sub-optimised "consensus" IS Very short sighted. Ive read more now, Jesus wept, IF developers, decision makers, financiers, regulators, senators, governors, not to mention journalists, & joe public, HAVE to digest this rubbish promoting whilst at the same time highlighting and trying to solve the problems of Ethereum POW POS before moving along to the better technology Then no wonder Ripple Xrpl get no consideration, They are all now brain fatigued and unwilling/unable to research further and maybe paid not to. This paper is basically in all its advanced mathematical glory, OUTLINING Ethereums & other POW/POS/mining rewards inherent problems, and a very complicated way of trying to further sell the concept. All that brain farting has polluted the atmosphere more than the bitcoin & Eth blockchain combined, You can try to digest this convoluted paper, but better Just accept xrpl for your own sanity. maybe someone could explain this better than me?
  3. Metamask is one of Lubins spokes, how do y'all feel about using that for flair? anyone see any danger there?
  4. It was compliance officer, Antoinette O’Gorman revealed for the first time in the lawsuit, in her deposition of 4th August, as in my post above yours.
  5. I think someone said that the filing states it was a female compliance officers deposition, not jed
  6. the aliens have been & gone, saw a waste of space populated with a load of dinosaurs, so they annihilated them all and left: almost all, as a small number of dinosaurs remained that still roam Earth masquerading as regulators, governors & bankers desperately clinging on to their existence. This means that if they were that intelligent, they were thus more advanced & have already been here done that made the films and left us the tshirts.
  7. I was referring to this para, Unhosted Wallets: Commonly used private wallets are called: “unhosted wallets.” As mentioned, the FATF suggests denying licensing VASPs “if they allow transactions to/from non-obliged entities (i.e., private / unhosted wallets).”
  8. and if they deal with cold offline paper wallets they will be de-registered? so, where do you cash out?
  9. @KarmaCoverage, thanks. That's what I thought. For those that were unfortunate and missed the airdrop, the only way in now & to qualify for the FlareFinance DFLR Airdrop, is to trade/buy FLR on the exchanges, (before the FlareFinance snapshot) iou's pre-launch, on bitrue & poloniex (risky/expensive?) Real FLR after launch on one of the 50 odd listed exchanges. Is this correct now? Hope this helps if you missed out.
  10. @Seoulite Does this mean anyone who missed the airdrop will not be able to get FXRP to claim the flair finance airdrop?
  11. @Shmoe You have missed the airdrop unfortunately, BUT If I have it right, You will be able to convert XRP to FXRP via an agent (flare foundation to start with) and then be able to take part in all the flare benefits and revenues, and also all the flare finance products. You will be able to convert fxrp back to xrp 1for1 if you wish to take your xrp back. IIRC I may be wrong, BUT you may not be able to wrap into FXRP in the first 4weeks, SO you would also miss out on the flare finance airdrop also. Unless you purchase or exchange XRP for spark on the exchange within the first 4 weeks after launch. someone please correct me if I have this wrong.
  12. In the early days Ripple were giving them away to forum members to prime the liquidity, those forum members "paid it forward" do you remember that phrase, that's how I came by my first XRP, then computing for good, then given the xrpl and exchanges, the XRP started to get a value on the market. I subsequently paid it forward just like I should, after I had gained through trading on the XRPL. Thus My investment was ZERO non existent, along with many other early participants, and I was late to the party so I was too late to get the initial free giveaway from ripple direct. Once that value became significant, giving it away became a problem, unfair practices ruined that. i
  13. @at3n @brianwalden from codius.org does this throw any light on the subject?
  14. just an observation, I recall a statement from some devs that codius can keep secrets, I've no idea if/how that could relate to this.
  15. Do you really think he doesn't know what he's doing? yeah he bought btc and shouted about it, then he sold at the top, sounds like he knew more than most. He wants to OWN doge, why? Why do you think he offered to buyout the whales? why did he pay devs to improve/upgrade the protocol? do you think he's not aware of the Doge & Flare integration & what Flare could do for Him & Doge? & that XRP will play a large part in that? Do you think he would not like to be a player alongside amazon? why reinvent the wheel, he's invented a few, He can just buy in and improve & integrate. "what man can conceive man can achieve" he certainly achieves, even if he puts his foot in his mouth quite regularly.
  16. Elons plan, he wants his own payment network alongside- NO, Above Zuk & Jeff, worldwide. >Galactical He daren't say anything about XRP for cop out with SEC as he did before with stock & shares, not whilst XRP is considered a security by sec. He does not want to be again banned from being CEO or Director of any financial enterprise not least his own. He can talk about BTC as its not deemed a security, so no regulatory reprisals. Also he may be just mocking the regulatory situation, middlefinger? He wants to adopt Doge as his own, knowing that it is about to launch with flare. He's already paid devs to improve it. maybe he's got them integrating with Flare Finance too. Once XRP is settled with SEC and after he has grounded bitcoin. He can then promote XRP & XRPL as the efficiency & interoperability enabler for his Flare enabled Dogex, complete with smart contracts & other smart abilities without reprisals, Buy Teslas & trips to space or take a loan, be insured, or anything else you need, in any currency/crypto you want from anywhere in the world in 3 seconds with virtually no fees, minimal carbon footprint, plus many yet to be established use cases, whilst he manages his galactic finances in house.
  17. paym8


    no fun anymore? that was just a little satire, But if one does get caught funding terrorism, or money laundering they may well get prison. how big/small the amount needs to be before prison is unclear, if you just do it a little bit say $20 is it ok, but not ok if you do $250 or $250million? where is the line?
  18. paym8


    so, if you have more than one wallet that you hold the keys for, you can recover 15 xrp from each extra wallet that you are deleting, and sending the 15xrp from each to the one remaining wallet. IF you only have one wallet, then you cannot recover the 15xrp, because the 15xrp has to be sent to another wallet. you could send it to a friends wallet if he agreed to compensate you with whatever value you agree on, but beware of the regulators coming down hard on un registered money transmitting business & money laundering & funding torrorism, you &/or your friend could go to prison if you do this
  19. @efFofexX thanks for digging out the official docs & the explicit explanation.
  20. @FlyingFox in documentation- I think they define it as "implicit trust" by submitting a trade offer you are implying your trust of that issuer/token, so a trust line is not needed.
  21. @RobertHarpool you can only undermine xrp, brilliant, loveit you can spend an awful lot of money doing it too, re sec
  22. xrp rounds or paper wallets signed by Rosie Rios of Ripple treasury department, now there's a thing
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