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About spiras

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  1. Pat Thelen is VP of Strategic Accounts at Ripple. His job is to work with CLIENT (customer) engagement and satisfaction to ensure smooth interface with their services. If there is a question or a problem, they call Pat. Pat gets sh!t done. Pat is also one of only 3 at-large members. Seems like he's pretty important.
  2. Look at the technology providers. At the very least, Ripple is involved.
  3. I'm going to try to keep this as simple as I can. Libra is a stable coins tied to multiple currencies. That doesn't work. I'll explain below. But first, we have to understand that stablecoins, by definition, don't increase in value, which limit incentive/reward to buy, hold or use. In a simple example of stable coins with just one peg, when the supply is insufficient for a purchase, simply more stable coins are printed, price doesn't change. The amount of money taken in is held in reserve until cash out. This creates a risk that the entity holding the reserves is hones
  4. Dave sold some of his XRP stash for over $10 MIL. If I had 10 MIL dollars in XRP, I would sell right now and be done, regardless of what I think XRP is likely to do in the future. That's life changing money. Why risk it for a chance at more? I don't need more, no matter how confident I am that XRP will go higher. Because no matter how confident I am, I could be always be wrong. Now lets take it a step further. What if I had 20 mil dollars of XRP? Of course I would sell at least 10MIL. Then maybe keep the other 10 MIL in XRP? Best of both worlds. I'm set, PLUS have investmen
  5. I'm sure many and more productive side conversations are held outside of the actual meeting. I don't think anyone is running out the door as soon as it ends... Except for maybe the guy who abruptly woke up at 7:17. He's probably going to back to his room and take a nap as soon as he can.
  6. Great idea. Just send me your bank account and pin and I'll direct deposit my check. 😄
  7. My thought was that it would be easier to keep track. Formula = current balance + total amount spent - USD equivalent into account from Direct deposit. That would be my capital gain. No actual crypro to crypto trading. Just money in, money out, plus current balance. Beautiful. Simple. Or jail if I'm wrong. Maybe I might want to pay a tax lawyer /accountant for the first year.
  8. Coinbase fees are too high. But if that's my only option, I'll be eating more Ramen.
  9. My thoughts are that by increasingly using XRP as a currency would help liquidity because i, presumably, would be buying and selling at market rate. The more I buy and sell, the more someone else can sell and buy. Sure, the volatility would be an issue, but I believe the long term value of XRP will increase. While some days/weeks I would lose, I would win a greater percentage of the time. I would use my disposable income at first. If XRP tanks, I stay at home and eat Ramen. If it goes up, I celebrate with an evening out for steak and lobster and I don't even eat lobster. Over tim
  10. I signed up for notifications for when it becomes available. Thanks!
  11. As a side note, I wouldn't tell my wife it's an XRP account. I would just give her our 'new debit card' to use for purchases.
  12. I need someone to set up a USD to XRP account that I can have my paycheck (or a portion of it) direct deposited every payday. It would have to be sort of a traditional bank account that then converts to XRP for a minimal fee. I go to my employer and add the direct deposit to that account, and each payday, I automatically get credited with XRP. I then need a debit card from that account that would also work off a nominal fee to where I could spend my XRP into merchants or businesses that accept USD or XRP. The conversion from XRP to fiat would be seamless and cost me almost.no
  13. Unfortunately, it's a necessary evil. It has to be distributed. I think everyone recognizes this. We are all early in this space. This is just something we have to go through. I think that as time goes by, the escrow releases and sales will represent a smaller and smaller percentage of circulating supply. Then when all 1B is being sold each month, that's when we will start to see significant price increase. My opinion. I have said for a long time that the price is held in check due to the distribution of XRP. If you remember, when we had the bull run in December 2
  14. He could just tell the IRS to wait for their money? Maybe 9 months, maybe 2 years, maybe 5 years.
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