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  1. Amigo

    Bakkt - Starbucks - XRP

    News is swelling a bit about a Bakkt application to convert digital assets at Starbucks-payments and they will market it significantly https://abacusjournal.com/bakkt-behind-the-pending-launch-faced-with-an-unexpected-delay-bakkt-prepares-massive-roll-out-and-marketing-blitz/ About a year ago, the executive chairman of Starbucks mentioned that cryptocurrencies are coming, yet ruling out bitcoin https://www.cnbc.com/2018/01/26/starbucks-schultz-a-digital-currency-is-coming-but-wont-be-bitcoin.html In august, Starbucks mentioned that paying directly with assets like bitcoin will not be the case, but there will be an exchange step in between. http://fortune.com/2018/08/06/starbucks-accepting-bitcoin/ Now, obviously Bitcoin transaction costs are at most moments too expensive and the involved speed too slow to make it usable to pay a cup of coffee. Bakkt could off course offer an app with which you can "upload some value in Bitcoin to a Starbucks wallet" yet convert it to USD at that very moment, but that's zero innovative and in essence creating consumer-mini-nostro-USD accounts at retailer businesses. As Bakkt is handling things carefully and will have done their homework, my take is that Bakkt will offer some form of XRP-integration as it's basically the only liquid coin with enough speed and low transaction costs enabling instant conversions (enabling sort of an xRapid for retail payments). PS. With the additional 51% attack risks of Proof-of-Work coins like Bitcoin I still find it odd that financial products like futures and ETF's are requested for approval for bitcoin only and similar products for XRP are not being applied for approval. But I guess that's food for another topic.
  2. Next to quite some conversion into XRP, I guess a LOT of capital ran with significant losses into stablecoins. XRP obviously showed quite some strength in this massive bear run. If it holds a bit longer and starts crawling back, I can imagine a lot of people will run into XRP in order to make up a bit for the masses. It could all be part of the decoupling scenario.
  3. For sure..! And he enjoys Twitter and therefor I don’t think he’s annoyed by the loads of calls to adopt XRP as a base. I think he finds the attention for his exchange amusing, and I think he is less addicted to the BTC-one-and-only-gospel compared to the Winklevoss Twins or TuurDeMeester. I think he would enjoy it to just do it (of course only of in the first place it would benefit Binance’s position which it will).
  4. The world's 1st #Crypto ETF starts trading next week on Europe's 4th largest exchange with a $1.6 trillion market cap. Interesting to note that 48% of the fund is $BTC & 30% is $XRP. https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week
  5. As I posted in another thread as well, the hash war that causes tje current uncertainty will put many to think and realize that POW is not the way forward. It will have institutional investors to think twice where to put their bets on. It l's all part of decoupling XRP from the rest. Let this stormy sea do some rinseing, it's about time.
  6. Amigo

    BCH hash war

    This hash war will put many to think and realize that POW is not the way forward. It will have institutional investors to think twice where to put their bets on. All part of decoupling XRP from the rest. Let this stormy sea do some rinseing, it's about time.
  7. And you were very right, just confirmed by Ripple themselves through a tweet !
  8. It is kind of strange, and I guess going after coders or issuers too hard could push things even more underground and harder to grasp (as distributed systems can pop up everywhere). So it’s a thin line (for both parties). I THINK what the SEC wants is people or entities to approach them actively (they stated more than once ‘come and see us and we’ll talk about it’) in stead of waiting, leaving the SEC no other choice or tempting them to show some teeth. Entities CAN get a licence (like Coinbase) or maybe left to be for a while with certain agreed restrictions in order to sort things out or put some changes into work within a period of time. I guess this is why working with them, although from a libertarian perspective not too tasty, probably is a smart thing to do (like Ripple also does), giving all parties a chance to learn. And indeed new rules should be written. Enforcement only is not a good ground for innovation.
  9. Amigo

    update on my xrp wallet project

    Ehm.. not sure what you're aiming for with your website. Playing with the code is great for your experience, but if you're aiming at people using your service, asking them to enter a private key on a website should never be done. The same accounts for generating addresses / keypairs online, as (for example you) can eavesdrop on that and have acces to the funds afterwards. Such functions should be done in an offline environment.
  10. Amigo

    RippleNet and xRapid

    The slowest link in the chain will always be a problem and depends in this case on your local payment rails. It can be just your bank (keeping it locked for use for a day) while another bank might not (so maybe try another bank;). But the slowest ones (international paths) will be cut out. Payment providers (like in this case Mercury effects) will make sure that their bank will not hold up their payment order for a day. And that competition will drive banks to offer the same speeds on that last mile.
  11. Amigo

    RippleNet and xRapid

    Great illustration of a possible payment path using different Ripple products. And at the same time, very easy to imagine that one can plug in additional ones for corridors that are even less obvious or direct, just like the Internet of Value is supposed to do. Email does not get much slower passing a variety of routers, and a payment won't also. The dial up payment era is over.
  12. Btw she also mentions they are trying blockchain out with R3 and for funds even on (again) another blockchain. They are exploring and going for it which is really good.
  13. That last part in my opinion will be an additional fact of significance: the USE / UTILITY by others. One already could argue that its use within products as xRapid shows that XRP is a different asset class then classic securities. But on top of that there are now exchanges (such as Coinfield) using XRP as a base currency, meaning they use it for bridging within their exchange, as well as between exchanges (by market makers). These last examples can impact the use and price of XRP and are COMPLETELY independent from Ripple (and the XRPL validators already got independent over time). I would say, let's call for more exchanges to put XRP in as a base currency. It will be a win win as well: exchanges are better positioned on global price arbitrage (as market makers can use the speed of XRP) and XRP will be leading the whole crypto market out of its bear status because the markets' speculation only usage. Utility will be key and XRP will lead the way.
  14. Not insignificant fact: using XRP as a base currency serves an actual additional independent use case (bridging currencies within the exchange as between exchanges by market makers), pushing it further away from theories that XRP is a Ripple Security.