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Peyton

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  1. Like
    Peyton got a reaction from Julian_Williams in Cessation of the Hodor Blog   
    @Hodor We wish you best of luck and look forward to seeing you grow with the company. With your above average intelligence and excellent writing skills, you will without a doubt, advance to the TOP. Just reading your blogs, bogs my mind as to the level of intelligence you must have. Check back from time to time and keep  sharing your research. Thanks again and you will be missed! 
  2. Like
    Peyton reacted to Hodor in Cessation of the Hodor Blog   
    Final message! 

    XRP Chat is where it all begin, so it's fitting that for this avatar, it's where it ends as well. 

    It's been a journey with countless twists and turns, and try as I might, all the details have melded into a chorus of voices of the XRP Community, who, at their core, are all pushing for the same thing: Change. 

    Sometimes I wonder how members of other coin tribes feel about the project they're supporting.  Does it inspire them?  Do they believe in it past their surface financial goal of 'getting rich' off of it? 

    Because, for XRP, it's more than just a 'good stock pick;' XRP represents the technology that delivers on Bitcoin's promise, without the environmental destruction.  Without the limitations of scalability ... and so much more that I have to resist reneging on my decision for one more, long, convoluted rant! 
    You get the picture!  We're here for the investment (XRP), but we're also here because we believe in the Internet of Value, and pushing this technology forward.  It can change the world for the better, and not just as part of a slick corporate advertising campaign; when people can send money to their family in seconds instead of days, it can significantly improve lives for millions of people.  And just look how the XRP is changing the face of crypto communities, with its teamwork, awards shows, clubs, social media presence, and charitable fund-raising.  These are all extraneous to the IoV and XRP, but they also work to give us a legitimate feeling of community. 

    And with the developments in the last month, my right-brain, intuitive side, which normally performs a lesser role in my day-to-day activities than my methodical, step-driven left-brain side, took the reigns and decided to make a key decision; how do I want to contribute going forward?   I could continue to struggle to cover all of the increasing onslaught of news items, or I could turn and survey the growing ranks of our collaborative team of supporters and let somebody else 'take a turn' at the front.  I could take up a keyboard and mouse once more, but this time to create new websites and applications. 
    Ah well, I'm getting repetitive of the content in the blog. 
    My apologies for being temporarily self-indulgent, but I know my companions on the forum will not judge me harshly about my last post.  At least I hope not.   Hope to be back soon, with some announcements of a new project of my own!
  3. Like
    Peyton got a reaction from Artificer in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  4. Like
    Peyton got a reaction from Artificer in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  5. Like
    Peyton got a reaction from Hodor in The Search for Real Value in the Crypto Market   
    Hey @Hodor it's difficult to read your last article. The beginning and end words are all cut off on my screen.
  6. Like
    Peyton got a reaction from Hodor in The Search for Real Value in the Crypto Market   
    WOW!!
  7. Like
    Peyton got a reaction from xrp_Larry in The Search for Real Value in the Crypto Market   
    WOW!!
  8. Like
    Peyton reacted to Hodor in The Search for Real Value in the Crypto Market   
    The search for real value in blockchain technology is afoot!  We've all been there; searching through any evidence for a good investment, trying to separate online hype from reality.
    In this blog, I describe some of the recent progress Ripple has made with their banking clients & cover some recently-released videos, including on in which David Schwartz sits down for a joint interview.
    On the community front, there are a couple high-profile events to discuss as well, with the main one being the new symbol for XRP!
    Hope you enjoy the read & please leave any feedback below.  Also, feel free to share my blog with a friend or on any other platform - and thank you for doing so!   
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  9. Like
    Peyton reacted to JCCollins in The Search for Real Value in the Crypto Market   
    Thanks for the deeper engagement on this topic @Hodor  I wouldn't state that I'm an expert on the Tether (USDT) issue but from what I have read its obvious that there is a connection between USDT and Bitcoin for the purpose of price manipulation or false price discovery.  There is much which isn't known about Tether and the mechanism which expands the supply of USDT.  Contrast this against Ripple and the openness of its senior management team or the visibility of the XRP ledger. 
    Since the First Bank of Amsterdam started piloting the central bank and fractional banking method in 1603, and the Bank of England went live on a massive scale in 1693, the method of expanding global liquidity was tethered to the need to have an ever-increasing money supply.  The money supply expands under low-interest rates and liquidity keeps growing and providing the value needed to fund everything from the industrial revolution to the movement of empire and all its associated support columns, such as banking, academia, industry, politics, etc.. 
    The fractional methodology is engineered, as you stated, to be manipulated by interest rate movements.  Money becomes cheap under low-interest rates and the money supply expands.  Money becomes expensive under high-interest rates and the money supply contracts leaving little liquidity to fund development and support industry and fund capital markets.  This is what happened during the Great Depression.  
    As an interesting side note, higher interest rates cause deflationary pressure in the domestic economy but creates increased global demand as higher interest rates provide better yields on Treasury bonds.  This is called the Triffin Paradox and is the fundamental reason why domestic national currencies can no longer be used in a global capacity.  But because of the nature of fractional banking and fiat currencies, the money supply will always need to keep expanding overall.  This expanding money supply needs products to both funnel and hold liquidity.  Futures, stocks, derivatives, and assumably Tether and Bitcoin, have all served as slaves to the fractional/fiat dynamic. 
    When we consider that the supply of XRP was initially set at 100 billion and will decrease as demand and adoption increases, and contrast that against a fiat money supply that expands with artificial demand, the inverse value relationship between fiat and XRP becomes obvious.  The purchasing power of XRP will increase at a steady pace over time while fiat requires all sorts of financial and economic adjustments to maintain purchasing power, such as wage increases, the consumer price index, upward valuations of securities, futures, derivatives, exchange rate arrangements, etc.., all to make the central bank fractional system function and be sustainable.
    But now this system is no longer sustainable and cannot continue providing the liquidity needed by the global economy without causing a further crisis and more pronounced imbalances. Bitcoin, and all others cryptos, have benefited from the artificial demand which has spilled over from the traditional fractional/fiat system.  To this old system, crypto is just another product which can be used to expand the fiat money supply.  The relationship between Bitcoin and Tether you referenced is the perfect example of this. 
    But what isn't widely understood by most is that XRP will flip all of this over as the XRP money supply will always be contracting as adoption and demand increases. It is the complete opposite of the fractional/fiat arrangement.  Some of the large banks and global institutions understand this and are positioning themselves for the inevitable flipping of the international system.  In the meantime, there will be those who fight the change, as humans do, and there will be those who attempt to drain as much out of the old system and into the new system as they can before the fundamental pieces of the transition have been implemented. 
    It is my position that crypto regulation will start this phase of the transition and Bitcoin will not survive it.  It is likely that Bitcoin has been a fiat tool from the beginning.  XRP can chug away building its architecture and the Bitcoin manipulators can continue draining away artificial value.  But when the flip happens it will be fast and then the rest of us can sit back and watch as real value builds on top of the XRP ledger.   
     
  10. Thanks
    Peyton reacted to Julian_Williams in The Search for Real Value in the Crypto Market   
    Speaking as a long term holder invested with money I can lose and a superficial knowledge of blockchain, I am invested in one crypto only, this is the reason:
    People liken the crypto market to the days of the boom of the fledgling internet. I can see the comparison works but the crypto market reminds me even more to the early days of personal computers.  In about 1985 lots of people were interested in computers but because they were designed by geekish people the customers that bought computers with good intentions often failed to use them.     Everyone knew computers were the future and the papers were full of news about multiple companies trying to capture the computer hardware market, in Britain the market was swept up by a budget priced Amstrad machine. I remember visiting a gallery where the owner had just bought an Amstrad which he had on his desk and he was looking at it glumly, my guess is his enthusiasm drained away pretty quickly and that computer never got used.  I cannot remember all the names, there were Apricot and Apple and IBM.
    The big shift happened when Microsoft provided IBM with a DOS platform.   This platform became windows. As soon as this happened all the competition withered to nothing except for Apple which survived by capturing a niche market selling desktop publishing to graphics designers.  I had friends who had Apple 2 computers with accounts packages, they migrated to IBM.  In the following years Apple very nearly got wiped out to.  The other survivors were games machines.
    I had an IBM machine with a 20 megabyte memory and accounting software which I bought because I was told it would be compatible with early windows software which would become the new standard after DOS (we still use a version of it).
    I remember there was a slogan going the rounds "every exec buys IBM because they know no one will ever be sacked for buying an IBM machine".  This slogan acknowledges that people did not feel safe buying something clever from a geek, they only felt safe with the standard industry brand even if it was more expensive and had limitations.
    I think something similar will take place in the crypto market place which at present is very geekish:  Ripple are building a platform that will be user friendly and will be used by the banks, this is analogous with the link up between IBM and Microsoft.  Once the banks are on board a platform then non geek people can know represents the standard will have been created.  This technology will chosen by exec in charge of departments, the refrain will be "no one charged with digitalising their finanacial systems ever gets sacked for choosing the ILP/Ripplnet/XRP platform."
    This process is already happening in the choice between Etherium and Codius.
    Ripple have already made that link and quite frankly I cannot see any other crypto/blockchain company stopping the link up which is happening very fast.  It is possible that some of the coins on offer at present will survive, especially if they have a strong niche and are used on the ILP, but I think most of them will simply be superseded/replaced by new tech designed by companies working with COIL.
  11. Haha
    Peyton got a reaction from idereffets in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  12. Haha
    Peyton got a reaction from King34Maine in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  13. Haha
    Peyton got a reaction from King34Maine in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  14. Haha
    Peyton got a reaction from xrphilosophy in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  15. Haha
    Peyton got a reaction from Drew in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  16. Haha
    Peyton got a reaction from Drew in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  17. Haha
    Peyton got a reaction from BRFT01 in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  18. Haha
    Peyton got a reaction from GiddyUp in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  19. Haha
    Peyton got a reaction from BLPinfinity in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  20. Haha
    Peyton got a reaction from CryptoJym in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    Last month my friend forgot about him and his wife's wedding anniversary and she was ******! She told him, "Tomorrow morning there had better be something in our driveway that goes from 0 to 200 in 6 seconds! And by damn it better be there!!" He tucked his head, "okay..." The next morning she looks out the window and sees a box. She stomped outside and opened the box. Inside was a brand new set of bathroom scales, he has never been seen again.
  21. Haha
    Peyton got a reaction from bx549 in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  22. Haha
    Peyton got a reaction from XRPablo in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  23. Haha
    Peyton got a reaction from BLPinfinity in The International Monetary Fund Highlights Western Union, MoneyGram, BitOasis and BitPesa’s use of crypto-assets for cross-border payments in speech to Atlanta Fed   
    I got up early to go fishing and was out the door by 4:30 A.M. I didn't get a mile down the road and it came a freaking flood so I turned around and went back home. I got undressed and snuggled up real tight to my wife and I whispered, "It's cold and pouring outside," she replied, "I know and my dumb ass husband is out in it."
  24. Like
    Peyton reacted to CryptoCraft in Zerpening Part 2: The Sequel   
    Thanks for that, will have to watch that one! 
    Yes all good, just had a cancer removed, but they got it all, so got the all clear!
     
  25. Like
    Peyton reacted to CryptoOwl in Zerpening Part 2: The Sequel   
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