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Zerponaut

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  1. Yeah, I'm just trying to play devils advocate. I'm still bitter about crypto generally requiring FIFO accounting. From the Oxford Dictionary: "Fungible - (of goods contracted for without an individual specimen being specified) replaceable by another identical item; mutually interchangeable." My point is, crypto isn't strictly fungible. It meets most of the definitions, but I can theoretically prove that the 'coins' I traded today are NOT the same 'coins' I purchased two years ago, because I bought the recently traded 'coins' last week and they have been kept in separate wallets and have never been mixed together in the same wallet. Thus, they are 'individual specimens' differentiated due to being stored separately. If crypto was fungible how can transactions be traced? Doesn't the transaction on the blockchain specify the (group of) 'coins'?
  2. Next time I see an ant on my $ I'll think of you. (and be jealous)
  3. Then why does the tax dept basically consider crypto to be fungible?
  4. The only thing criminal about XRP is the price these days. I'll show myself out. But seriously, with Ripple working closer with Coinfirm, XRP should become a leader in anti money laundering, not just in crypto but all currencies. I don't see BTC, ETH etc doing anything as comprehensive as above.
  5. From the Stellar blog “To burn the lumens, we have sent them to a Stellar account with no signers (including a master key weight of 0): GALAXYVOIDAOPZTDLHILAJQKCVVFMD4IKLXLSZV5YHO7VY74IWZILUTO“
  6. Seriously, literally the post above yours explains that Stellar didn't 'destroy' or 'cut in half' the XLM, it was sent to a blackhole wallet and hence is in no way related to the ability of the protocol to be altered indiscriminately. Nothing happened that couldn't also be done with any PoW coin so let's not get into the whole forking Bitcoin debate. The credibility question re XLM, to many, was never resolved to start with. The SDF was/is at a dead end and have again (is this the second or third time?) flipped on their stated mandate in order to try to create meaning for their coin. Basically, I 'could' be a pink flying unicorn that does rainbow turds but I am not, as Ripple will not do the same thing with XRP. Oh yeah, not to mention that they can't actually do this anyway even if they wanted to >>> Can Ripple create more XRP? <<<
  7. I have no clue whatsoever about the complexities of patent law but in my professional opinion this is a pile of horse bits. Reading through this patent I would challenge anyone to equate it with the XRPL (that, as noted above by Archer, existed before this was lodged). I note that nowhere in the Patent concerned does it mention 'money', 'value', 'finance', 'transfer', 'encrypted', 'secure' or any other vaguely even tangentially related terms that RippleNet focuses on. It would seem obvious that the authors of this Patent never had any intention whatsoever that it would claim to be even vaguely related to transferring 'value' and seems to be solely and repeatedly focused on transferring media and repeatedly references content distribution, video, games, files and 'data'. As is tradition by my kind, I sum up the situation in an interpretive gif... to the lions!
  8. I agree, Libra doesn't sound like a genius idea if they blew their first and maybe only chance of creating a Facebook crypto. They scared the $#!+ out of everyone so badly that they're on notice now.
  9. But no one here owns (much) Bitcoin. And if they do we just make fun of them. The answer is simple. Find a coin that is worth as little as possible, preferably 1 sat and buy truckloads of it. The only way is parallel to Bitcoin, or up. Ergo, that's why CSC is a better hedge than Bitcoin.
  10. Excellent work thank you. I don't see BTC, ETH or anyone else doing anything within light years of this initiative. Ripple must be gaining the most brilliant insights into the future of blockchain from this - I think they're setting themselves up to be THE leader of the industry well into the future.
  11. Well I was referring to the demonstrable quality, ethics and engagement of the people they have working for them, the alumni that goes on to other companies and Ripple's strategy in a chaotic industry. Although they don't publish their financials, they're not required to because they're a private company. I don't see how that's in any way a reflection of the quality of the company. It's none of our business how much their CEO or CTO or legal department are paid. We are not investors in the company, we are speculators that believe their service/product has the possibility to change the world. They are very open about the aspect that should most interest us - their XRP sales and strategies and they have committed to be, and are by far the most transparent company in the crypto industry.
  12. I don’t know if you’re referring directly to me when you say you get the pain from your point of view but maybe I forgot the /s at the end. I’m more than fine with my investment because of the knowledge that Ripple is such an amazing organisation from top to bottom as I described. When I bought my first XRP 2 years ago I knew I was in for a 3 - 5 year investment, possibly even 10, and I too have sympathy for those who bought high and have held since without much reward. But sorry, I don’t have a lot of sympathy for those who have lost money due to greed. Clearly crypto is speculative, isn’t magic and is loaded with uncertainty so an investment in it needs to be treated as such from the start.
  13. You know, you’re right, you’re so smart... It’s a crying shame that a company that’s developed the fastest and most versatile DA and financial transfer network in existence, has been around since Bitcoin was ******** in its diaper, with hundreds of millions in revenue, a dozen offices across the globe, partnerships with hundreds of banks and FI’s, over 400 employees comprised of some of the most brilliant minds in programming, has some of the best business leaders and respected philanthropists who rub shoulders with world leaders and central banks and are regularly invited to participate in peak industry bodies to educate senior bankers about advances in fintech, have vast amounts of experience in running tech and finance businesses, some of the most experienced attorneys with impeccable personal reputations who have held the highest positions in governments and peak regulatory bodies, it’s such a pity that they all should all complicit and responsible for this massive scam that’s so comprehensive and brilliant that it’s sucked in so many of the worlds top companies and now, now even governments are falling for it! Oh, mercy please, when will it ever end?
  14. With ... anticipation? So only tiny little pr0n?
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