papa

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papa last won the day on November 4 2016

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    Papa
  1. Original screenshot by request:
  2. I just took the attached FireTV screenshot (before embellishing it a bit) and it appears each Amazon "coin" as shown is equivalent to one US cent. Check my math. No?
  3. Keeping in mind that Ripple is only marketing its technology for low-value (cross-border) payments and thus all of the published estimates but if FIs can use the same technology for value-added (various other types of) payments then there is further potential savings if I'm not mistaken.
  4. XRP is super money.
  5. Almost 14,000 views 'tis thread could be; aye, there's the rub!
  6. Ripple will be used by FIs to transact cross-border payments in 2017.
  7. Ripple will be powering real cross-border payments this year with XRP as its digital (bridge) asset.
  8. XRP vs IOU? Why resort to extraordinary measures developing a proprietary IOU when XRP may simply be used as the default asset from point A to B... and ultimately at a lesser operation cost? My view of XRP is the latter.
  9. FedPayments Improvement (YouTube Channel) was referenced in a previous post last Feb 2016 highlighting Ripple's cross-border payment video demo submitted therein. Interesting to revisit the YouTube Channel itself, and see what the other payment companies submitted as their payment demo videos. Ripple's video looks simple and so much more professional than the rest. I will include the link to the channel below: https://www.youtube.com/channel/UC_sOXJqryY_zhA95uogqbKA
  10. @Max Entropy Many cross-border payments shall be offered thru FIs powered by Ripple in 2017.
  11. XRP will be used in real cross-border payments in 2017. Simple.
  12. Loyal XRP holders conveying disillusionment in light of the Bitcoin rally this month (fancied or real). So when we wake up 6 months from now after Japan goes live and with some loose pocket change on XRP's upward valuation, this angry mob may have a change of heart. If Japan is a bust, then say "sayonara" to the scant chance of adoption on a broad scale. Just my 4 XRPs...
  13. http://www.bankingtech.com/558852/ripple-blockchain-powers-payments-for-japanese-bank-consortium/
  14. XRP is a digital asset designed to serve as a bridge currency for cross-border payments; a digital asset that has yet to be "released into the wild" for real use-cases otherwise currently under evaluation by major banks across the globe. My correspondent banker [CHASE] said his branch employed 11 customer service agents 4 years ago but today only 4 remain; and he confided that the overall advancement in FinTech will deal him the same fate --it's only a matter of time. He also confided most banking software in general is antiquated but that CHASE uses a new payment network which allows their customers to make payments to customers of other Federal banks in a similar fashion as Ripple (via email address & amount); ie, CHASE to Wells Fargo, etc. Risk management [XRP] is whole different subject replete with all sorts of speculation theories I've read/shared in XRP Chat posts and in the Zerpbox. Long XRP holders like me are hoping for the best.
  15. Report on Practical Experiment of Blockchain Technology in Japanese Domestic Interbank Payment Operation by Blockchain Study Group (Nov 2016) Mizuho Financial Group, Inc. - Sumitomo Mitsui Banking Corporation - Mitsubishi UFJ Financial Group, Inc. - Deloitte Tohmatsu Group https://www2.deloitte.com/content/dam/Deloitte/jp/Documents/about-deloitte/news-releases/jp-nr-nr20161130-report-en.pdf#page7