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jag216

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  1. Call to the Songbird community: Due to its novel approach, $SGB is still in its testing phase. Nexo is keeping close contact with the Flare team but we can only commit to the airdrop once we are sure the infrastructure needed to safely access, store, and send $SGB is in place. In the meantime, we appreciate your patience and engagement and will keep you updated on the latest developments. Posted this morning in the Nexo subreddit.
  2. https://www.fireblocks.com/blog/us-sec-chairman-joins-fireblocks-advisory-board/ Now the interesting thing about this article is that it outlines quite a few things about Jay's philosophy of governance. Oh and also interesting this company provides a lot of ERC-20 token support. Some interesting pieces: And then: The op-ed they refer to is further discussed here: https://coinjournal.net/news/former-industry-experts-see-no-need-for-new-crypto-regulations/ Interesting that Clayton and McIntosh see Gensler as viewing the crypto space as being more lawless than they do.
  3. I started with BTC I found in an old wallet on a PC in my grad school stuff. I moved to LTC and locked my gains into XRP without having any idea what it was. I just noticed it was super cheap and didn't seem to move as much as the other coins - it was the closest thing there was to a stablecoin at the time. I missed the Ethereum train because I had no money at the time. I evangelized it to my tech friends when it was $11. Bummer. I viewed XRP as my chance to get into an asset that would provide some exposure to the front running that the banks always get in currency creation and manipulation and I believe that if the coin was essential to banking operations internationally at any level It would likely never go to zero like Bitcoin had and would also be liquid internationally if I felt I needed to leave to the country. I don't believe any of those things have changed. I was expecting a max value of around $15 when I did my research but that would be years down the road. I was really surprised we got to $3.80 during that bull run. Since then: I bought into the Gram - got refunded. I bought into Kin after reading about the trials they conducted and the huge user base they had. I rode KIN all the way to the bottom with the SEC lawsuit. I bought into Holochain because I felt they were doing something very different and I liked the ecological concept behind their ecosystem model. I bought into Solana when I first read in-depth about it and saw how they were applying radio tx tech into their design, heard how they wanted to be the microtransaction currency of 5G IoT, and it scared me into seeing how this could possibly be an XRP nullifier at $0.91 and $2.25. I had to buy it using a VPN on Binance, it was very hard to get in the US. I wanted to buy into Arweave after Solana announced their partnership at $1.30, but for the life of me I couldn't figure out how to do it. I did end up buying in later at $11.80. This is still my favorite long-term project at the moment. Now my trading bag of dark horse bets and my holding bag are worth the same amount. At this point, I do believe I will see a nice return from XRP, but the entire landscape has been altered by DeFi tech and I see providing liquidity and collateral as how I intend to build sustainable income in the space. XRP will likely play a key role in this, but in no way am I hanging my hat and coat on just that hook. Yield farming and staking and derivative products are going to be big, and I do think exclusive membership NFT community pass tokens are going to be big. Digital exclusive club membership governed by NFTs is going to be a valuable transferable asset in the future, whether it governs game profile ownership, education or social club access, the future of access control and licensing is going to be NFT authorities. The writing that NFT is going to replace DRM across the digital asset landscape is crystal clear on the wall, and its role in web 3.0 resource distribution and management is going to explode as performance and decentralization/distribution improves. I don't think XRP is going to have a whole lot to do with this tech, but it may help people pay for it for a short time. Payments are going to be old hat very quickly. The pony will need more tricks.
  4. If people with power were not holders, much of this space would already have been cleared out. It just so happens we are also holders - which does not preclude us from being extraordinary.
  5. This is really playing confidence games with the senate. I hope some very direct and precise challenges are offered by senators who are representing holders.
  6. It really is, I've been watching charts for a couple of coins I was hoping to get some direction on and the volume is flat. Are we just waiting for Alonzo to either happen or not? ADA is looking like the XRP chart LOL.
  7. So I started playing around a little bit more with the whole financial specs once Altova added SWIFT messaging to its EDI catalog for Mapforce. I also started playing around with the ISO20022 schemas which are actually not that bad to work with thanks to the MDRs and the schema elements being reasonably named. Is there any equivalent xsd catalog or API documentation publicly available for Ripplenet integration or this this provided to paying clients only? Is it too specific to the banking application integration process due to every bank having their own in-house system? Is there a messaging sidechain that gets implemented for these banks in addition to the XRPL? There's a whole lot of messaging behind the scenes than I would think you'd want to throw on the ledger itself - even with ISO20022.
  8. Hope you were able to grab some AR before the pump.
  9. I look at the ecosystem of Kin apps and their high throughput for what are relatively meh apps, and the throughput bottlenecks they faced when trying to implement and scale KIN3 on the Stellar blockchain, and 3-4 second transaction times are not fast enough long-term from a user experience standpoint. When developers for Kin apps experienced the speed difference after the KIN4 migration to Solana, performance as a SPL token was so good they needed to program throttled animations for transactions so that users would actually know something was being done (and that the app buttons weren't broken). Neither XRP or XLM can afford to not innovate further and improve throughput. The rest of the analog space is writing on tablets, and XLM/XRP may have introduced a telegraph machine introduced into that space, but Solana is a radio transmission. I own all three. I think all three have set important milestones in the space. But none of them can afford to rest on their laurels - there's a lot of broadening expectations floating around in many spaces as the normies - who have intimate knowledge of institutional inertia - learn more about these systems. We haven't even begun to attack the real issues with these institutions - payments are just the tip of the iceberg that needs a serious meltdown. Ripple's advantage is that they have studied Amazon's playbook, which has always centered around building a solid simple vertical and making the longest tail profitable before moving on to another vertical. Their strength is that they have a number of solid verticals on backburners that have already been brought past PoC and are in drydock waiting for attention. But if development takes too long, the folks working on these projects could pull away from the parent and may end up spinning off from Ripple - causing a bit of talent drain. So, I see the biggest risk for Ripple is fragmentation over focus - and the weird thing is this might actually be BETTER for the XRPL because it would diversify the token even more. The investment of diverse enterprises in the XRPL technology is really what we want. In some ways I think Brad's peanut butter manifesto may be pulling too hard in the conservative direction - that's probably his personal education experience in Ripple - navigating the gray area and learning when to kick the baby bird out and hatch another egg. If you look at Solana's timeline and tech project partnerships, they've put a lot of energy into diversification of use cases and demonstrated broad utility. They've done this to the detriment of the popularity of the project, only really being concerned about exchanges and promotional advertising over the past 6 months or so. Partner projects of theirs like Arweave have likewise put tech development and R&D first, really hammering the utility - not really being concerned about exchanges until they are happy with the product. Is this letting the perfect get in the way of the good enough? Maybe. But in terms of valuation it seems to be proving itself out in both cases. Not to crap on XRP or XLM - they've done great things in the past - and must keep going.
  10. Telehealth software is a crutch - it is generally bolted on to gatekeeping EHR systems or bought out by companies with NextGen to buy their way into the future - but it only goes so far. Their enterprise API calls home every single transaction the that the calls can emulate a synthetic identity (It literally calls home to NextGen, calls home to on-prem NextGen, calls back to NextGen home, and then goes back to the application. Epic has made pretty good strides on the surface, but whenever I ask admins about these systems (Epic, NextGen, drchrono, Cerner, athena, etc. the story is the same - these are lumbering monoliths with a lot of rentseeking and vendor lock-in. Remember that at least in the US your health data must be accessible to you as a patient, but it doesn't 'belong' to you - it's a medical group asset. It's a trade secret, etc. If you are looking in the direction of a company who really understands the interoperability and headwinds that face progress, a good resource is Health Catalyst out of Salt Lake City... https://www.healthcatalyst.com/ You can watch their current and past Health Analytics Summit conference materials online still. For folks interested in the challenges of interoperability and healthcare data, these folks are at least entertaining the right questions.
  11. Sen. Mike Lee gave a good nod to the intrusive nature and chilling effect the law would have on the cryptocurrency industry. https://www.c-span.org/video/?513967-1/senate-advances-bipartisan-infrastructure-bill-confirms-eunice-lee-federal-judge 5:18:11 mark.
  12. I have talked up Solana since it was $0.90 but missed my initial entry into Arweave. Recently during this last dip I took1/3 each of my ADA and SOL profits and bought into AR. Arweave has a particularly interesting use case - it is a pay once, up-load once read-only archival file store. Unlike Filecoin that acts more like a decentralized dropbox, Arweave acts more like a persistent records library - really putting it more on the level of tangible personal property. Pay once, upload, saved forever. The tokenomics are interesting, a foundation pool is supposed to get a portion of the storage fee and that pool pays 'miners' who run rigs geared more towards high speed, high quality file access. Arweave stores archival ledger history for Solana, allowing them to essentially have a hot and cold archive for transaction history. https://solana.com/de/ecosystem/arweave I believe the Internet archive is also working with Arweave to create more permanent file records. https://arweave.medium.com/arweave-the-internet-archive-building-a-verifiable-record-of-history-9787ba018020 There are applications like ArDrive that give more user friendly access to the file pointers you generate as part of your account. https://ardrive.io/what-is-arweave/ China tried pulling Arweave miner machines in an effort to remove unfavorable Chinese newspaper archives. https://www.altcoinbuzz.io/cryptocurrency-news/product-release/arweave-suspects-china-in-recent-hacking-attempts/
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