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  1. I’m not a banker but there seem to be a series of flaws in her story: - She claims for every nostro account there is equivalent vostro account. I think that’s incorect as transfer corridors are never symmetric; a bank needs wat bigger nostro accounts in countries where there clients want to send money to than comes back. Also she claims they are debts instead of actual funds. The whole idea is the exact opposite; a bank has to have actual funds where it needs those available at any time. - She claims that banks don't want to have large nostro balances anymore because of low interest
  2. Some concrete steps here..(?) https://www.theblockcrypto.com/tiny/olympic-dreams-japan-has-high-hopes-for-a-blockchain-based-consumer-payment-network/
  3. 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 a
  4. 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.
  5. 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).
  6. 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
  7. 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.
  8. 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.
  9. 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
  10. 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.
  11. 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.
  12. 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.
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