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Amigo

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Everything posted by Amigo

  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.
  13. 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.
  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.
  15. I guess that’s why he is in charge and you are not ?. Business is all about making the right alliances at the right moment. If emotions would be in the way at Ripple and R3 HQs preventing them to (re)engage a winwin deal - and Kitao made them do it anyway, I forgive him for hiring the serial tweeter to manage his Twitter account, and declare Kitao hero of the week ?.
  16. I don’t really care if XRP gets listed on Coinbase or not, as the only reason I’m in XRP is its use case. In the end that will be key to hold and gain value; not speculative trading only. The latter has put the broad cryptomarket in overshoot anyway. My take is that whatever emotions there might exist (or not) at Coinbase HQ, they will know that XRP’s chances are quite good (because of the tech, the use case, the community and Ripple doing really well globally), and they know it will backfire tremendously not offering XRP when it will fly (and remain flying) again. I think they have anti
  17. The pic is legit but he accidently choose the wrong one while teeting, as this is the one he ment (I guess)
  18. Related video with subtitles (thanks to @BANKXRP )
  19. This is quite interesting, especially the bold part (machine translated): https://jp.cointelegraph.com/news/sbi-kitao-ceo-reveals-the-plan-for-lauching-sbi-r3-asia/ SBI Ripple Following Asia SBI-R3 Motivation for the creation of Asia, President Kitao mentioned at earnings briefing Yoshitaka Kitao, president and CEO of SBI Holdings, mentioned the plan for the creation of SBI-R3 Asia on the account settlement meeting on 30th October, the second quarter of 2019 (April - September 2018) . President Kitao who worked to resolve the case problem of ripple and block chain development co
  20. And not to forget: the bigger we can make the usage of the XRPTipBot, the less traction there will be for those who claim XRP to be a security of Ripple. So EVERYONE on this forum should boost usage in everyway they can.. Sonsee if you can tempt some major twitter people to call for it or check it out.. get all of your friends to use it.. tip your restaurant or bar the comming months through tweets only and refer them to put up a QR code for their restaurant or individual personnel as well, etc. If you ever wondered what you can do for XRP in stead of the other way around, this is
  21. Well to a certain extend hypes are not ment to be understood... ?. Pogoballs, looming, fidget spinners.. they are for the fun of it mostly and maybe technically not even the most complex ones.. yet very hard to time it into a market. In this case I think it is not even ment as a commercial idea but more developed as a technical challenge, yet I do think it is (unintentionally) very well timed and could take of big time. What other thing is out there to tip somebody through a tweet (whilst Twitter is so broadly used) and the receiver is able to actually moneytize it if needed, or retip it bolst
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