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eXtRaPolate's Achievements

  1. I believe this is the document you are referring to...? https://files.consumerfinance.gov/f/documents/cfpb_remittance-transfers_final-rule_2020-05.pdf "the continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payments messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect settlement of those transfers"
  2. It doesn't look like they have completely castrated SWIFT yet, but they definitely set some hard deadlines according to that article. May 2020: "The ECB also requires that Swift publish a blueprint" End of June 2020: SWIFT "is accountable for the creation of an updated market practice and message usage guidelines for ISO 20022 cross-border payments together with the European banking community" Looks like they want to make sure that SWIFT is ready well in advance. March 2021: "The community testing phase for the T2-T2S Consolidation project is set to commence" November 2021: "ISO 20022 migration date for cross-border payments" Don't know what kind of progress they have made up to this point, but it looks like the SWIFT system is nearing it's end.
  3. I don't believe that @Molten has ever claimed to be a professional at analyzing trends. He is merely giving his opinion based on what he sees. You seem awfully opinionated as to the quality of these analyses @XRP_to_20dollars... why don't you grace us all with your TA skills? Otherwise, you are welcome to hold your opinions without constantly bashing the efforts of others.
  4. NOT TRADING ADVICE... From my own personal observations over the last 2.5 years in the crypto market: You'll start to see the new lows becoming less and less aggressive. Then you'll see either a double bottom or even a triple bottom occasionally. Finally, you will begin to see a slow ramp upwards. Unless there is some kind of outside force acting upon the market (e.g. significant news), the market will begin to recover back to whatever it's actual value is believed to be by those buying and selling that crypto. Unfortunately, the entire market is still responsive to that slug Bitcoin. It doesn't mean that the money is completely gone from the market... typically just pulled back to the individuals' wallets. Hopefully that clarifies your question.
  5. Is Lagarde actually going to speak to this, or is the photo above just a name drop? I'm not seeing her name listed on the link. One of the panelist is David Marcus... "David is the Head of Calibra. Previously, he was the VP of Messaging Products at Facebook. David joined Facebook in 2014 from PayPal, where he spent the previous two years as the company’s President and previously as VP of Mobile, leading it's mobile products and business." Guessing XRP and Ripple Labs won't be part of the discussion. Would be awesome though.
  6. Is there a "Wall of Fame" here on this site? I would like to vote for @Hodor to be our first inductee. Seriously, much thanks for your contributions over the years.
  7. It would take about 5 seconds to verify Alex supports the XRP community. Also, did he leave XRPChat? His @Alexcobb handle isn't working, and his profile looks to be non-existent.
  8. Huge thanks to @mDuo13 and @Picard78 for the information (and an honorable mention to @Flintstone for the guided direction). This actually answers all of my current questions with regards to what I am attempting to accomplish. I don't want to disclose too much just yet, but it is definitely economically and socially responsible. I'm attempting to fix a publicly used system that is long due for an overhaul. Thanks again!
  9. Thanks. I wasn't quite sure where to post it.
  10. I'm hoping to gather some additional information for possible future use. I've been invested in XRP for well over two years. I understand very thoroughly what the XRP token is built for with regards to remittances, bridging assets, etc. My question is: Is it possible to build on the XRPL to utilize the inherent security that it offers without using it specifically for handling payments transactions? More of transfer of information securely. Is this more of a blockchain specific feature? I'm wondering if I can tie some coding (C++) directly onto the ledger or would I have to develop the coding for what I was looking to do and handle payments separately over the ledger...? My coding experience is VERY limited, but it is something that I might commit a lot of time and energy into. I'm just gathering information at this point. Feel free to "dumb it down" as much as possible here... I assure you that I will take no offense. Additionally, I attempted to email the company about this last week, but have yet to receive a response. Probably because of my general lack of knowledge in this area. Thank you in advance for any pertinent information!
  11. I agree. Even the financial institutions that are located in the US are built on a trust system. It's just easier to trust those that are also internal to the US than it is to a foreign banking system. Plus, the internal banking system is all backed by FDIC insurance, which makes it easier to trust. XRP offers additional security, limits the need for trust and insurance, and increases actual transaction speeds substantially. I believe that the micropayments sector will likely be the initial reason for internal transactions on a digital ledger, but will eventually lead into the movement of larger payments internally.
  12. Just a point of perspective: Ethereum (Fabian Vogelsteller specifically) proposed ERC-20 on November 19, 2015. At the time ETH was priced at approximately $0.90 USD. Though the price did see some increase, it took over two years before they started seeing what could be considered a meteoric rise in value. As of August 25, 2019, there were 208,165 ERC-20 token contracts on the Ethereum blockchain, according to Etherscan.io These things take time, and we don't know what the long-term goals of Ripple are with their investments into other companies. Perhaps they see the potential to tie into other markets through these investments? We (from what I can gather) are all (maybe not the FUDers) invested in XRP because we honestly believe what it represents and the impact it could have on the entire world's economy. It's easy to be negative when you're not striking it rich overnight, but speculating failure on this basic information the wrong approach. It's okay to inquire if you really don't know something (I know that I have), but the negative sentiment would be better displayed in a group not specifically constructed to support and transfer knowledge of XRP and Ripple.
  13. I'm assuming that you have all of your investment on a trading platform? Which trading platform? I'm guessing by "secret key" that you are using two-factor authentication?
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