xp3215233

Wallets have been identified and posted already in multiple treads, including this one. At least for Jed's personal stash. We don't need to guess and/or calculate - it's all there, visible on the ledger.

I think the simple answer in this case is that if there's enough interested parties to make this happen, it will. Doubt Ripple would be part of it though.

Jed was at Ripple until the summer of 2013. There was a written agreement signed for the initial distribution of XRP. Any "forking" or changes would've resulted in legal action by Jed. And Arthur, David and Chris really aren't the people who'd do what you are suggesting.

As someone has mentioned already, there are now quite a few parties that are limited to a daily % and these do add up. Now imagine those 4+ bil XRP are with someone who actually wants to utilize it rather than just holding and selling. For instance, banks, FIs, R3, etc. It would definitely make a difference whether it's Jed or someone else holding these. Not saying Ripple could buy Jed out, but they could facilitate it. This is all speculation - for all we know those 4.6 bil XRP are Jed's and will continue to be sold until they're gone for many years to come.

It would be an interesting development if Ripple were able to somehow take those out of Jed's possession. It is important as he is one of, if not the largest individual holder out there.

We'll get a clue about whether anything changed with regards to Jed's XRP relatively soon - when r4LxkCUXYTCUgwquN3BnsUxFacoVLjGFyF gets emptied, we will see whether it's funded again (by rDbWJ9C7uExThZYAwV8m6LsZ5YSX3sa6US which currently has 4.668B XRP). We're just about 174 mil XRP away from this. If volume keeps up, Jed should deplete these in ~6 months. If another several hundred million move from the big wallet to Jed's address, we can safely assume the rest of the billions in there are still his. If these don't move, then likely some kind of additional agreement or buyout occurred.

I might be wrong here, but I believe the main item is that whoever is issuing the stablecoin needs to be compliant with regulations in the US for example (for USD) and then anyone else is just a customer of that compliant company. If you want to deal with USD as an exchange, you yourself need to be compliant. In the case of a stablecoin, someone has done that for you

Thank you for your answer I do appreciate what you want to do, but trust is definitely an issue for me here.

Still waiting for an answer on this one by the way. I wouldn't trust any information posted otherwise.

Not overly technical myself, but there's plenty of people monitoring the ledger for wallets that are accumulating or dumping XRP and news goes around quite quickly when someone notices something:))

You're mistaken if you think the community won't notice a wallet collecting tens or hundreds of transactions of 3-4 mil XRP:) On the topic, some of the transactions are clearly linked to RippleWorks and I doubt assets given to the foundation would be taken back. In my opinion, it is likely that this wallet is used to organize all the funds for RW in one place.

You don't need access to the wallet to identify that - it's visible on the ledger. As long as someone knows which wallet address is yours, they will have information on your escrow with all the details.

Will a recording / live stream of this be available to act as proof that this call actually happened?Will a recording / live stream of this be available to act as proof that this call actually happened?

It would make sense if they sold the same percentage of each exchange volume so I would look at the reported daily volume at the exchanges where the transfers are to.

I do feel a weird satisfaction seeing some of the prices and trade volumes of other coins these days... I don't think BTC is going away now, but we should see some other "projects" die. Happy to hold as the price goes down and to be fair I was more nervous at ATH than today.