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Kakoyla

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  1. FWIW, In the west, unicorn is a label given to startups with a valuation of $1 Billion or more.
  2. Higher Transaction Costs

    Anyone who has ever complained about the concentrated position of XRP in Ripple's possession, has to see why this can be so beneficial to XRP holders. This is a perfect example. When this issue is resolved, and we all know it will be, consider how fast the turn around time was, compared to what your reasonable expectations would be of another crypto community, where not everyone has the same focus, goals or motivations.
  3. FWIW, while playing around on the testnet one night, I was able to re-enable the master key, using the current regular key.
  4. Secret Key doesn't match public key

    You still need to have cooperation between the two accounts, really what he is saying is, if you make a mistake just have the recipient send the same amount back. This is similar to the current wire process,yeah you can recall a wire, it doesn't mean it will happen, but usually does because the majority of banks in the system either have relationships with each other or worrying about their reputation among their peers. Also the mistakes are usually relatively low amounts.
  5. 2018 - Ripple - IMF - Standard Chartered

    Not sure if you were trying to imply this or not, but just incase... the guy in the middle back(light blue tie), behind the Asian gentleman and younger lady in black, is Ryan Zagone of Ripple.
  6. Equifax Hack and Implications

    My global iD seems like the type of tech that may be able to address this problem. *Still haven't been able to figure out how to get an ID I had setup on a prior phone to load on the app installed on my new phone though.
  7. R3 sues Ripple (What?!)

    After reading Ripple's response, it's loud and clear, R3 needs Ripple/XRP much more than Ripple needs R3. Very bullish day for XRP.
  8. R3 sues Ripple (What?!)

    Ask yourself, If you found out Ripple divided up 5B XRP and passed it out for free to the following companies: Bank of America Merrill Lynch, Wells Fargo, Citigroup, TD Bank, BBVA, Bank of New York Mellon, Northern Trust, HSBC, Barclays, UBS, Intel and Temasek Would you be happy or not? If the contract is enforced, Ripple Co loses, XRP wins. * Corda has no native asset. * SBI is poised to become the New York-based group's principal shareholder, as it has committed to purchasing more than 2 billion yen ($17.9 million) in new R3 shares through its venture capital fund. Other investors include Wells Fargo, Bank of America Merrill Lynch and Citigroup of the U.S., as well as Japan's three megabanks -- Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group. Japanese brokerage Nomura Holdings is also participating. https://asia.nikkei.com/Business/Companies/Japan-s-SBI-megabanks-take-stakes-in-blockchain-group-R3: * SBI Ripple Asia Co., Ltd. Shareholders SBI Group 60.0% Ripple Labs Inc. 40.0% http://www.sbigroup.co.jp/english/company/group/sbirippleasia.php * SBI owns 11% of Ripple (sorry no link)
  9. Undertanding Crypto And Taxes.

    I have seen a confident answer of yes from a seemingly legitimate source and then a confident no from a different seemingly legitimate source. Never had to pay an accountant or tax advisor before, hoping these services aren't going to be extremely expensive. Anyone with prior experience have ballpark estimates? Are we talking more than $1k?
  10. 100 + Member Increase

    I would love to see a weekly or monthly based chart of member count. I think there were less than 1,000 at the beginning of the year.
  11. You are right about this. I was thinking more along the lines of attracting institutional funds, but I now realize this idea is running off on a tangent from the O.P.
  12. Instead of XRP paying interest, I think what would be more helpful to speeding up XRP Ledger adoption, would be fiat IOUs that pay interest, which would even the playing field between the ledger and traditional banking accounts. At this point, not only are you taking a risk on an emerging technology, but are also missing out on interest. I remember reading, the UK faster-payments system pays interest on fiat balances held in their system, which helped to encourage adoption, but am unable to find the link. Of course this idea probably won't matter if ILP takes off as expected.
  13. Ripple and Indian Connections

    Axis and YES , are true The SBI you see mentioned often is SBI Holdings not State Bank of India, but maybe they are working on that too?
  14. Swell by Ripple is live

    I can't believe I am standing up for Bernanke... 😰, never thought this would ever happen... IMO he is a much bigger get than Yellen, she hasn't had to deal with anything close to what he has. Bernanke was in power during one of the most serious financial meltdowns in our lifetimes. Many people really thought it very well could be the end. I remember watching the Lehman guys walking out with their boxes as I was walking down the street to my building, wondering who was next. I remember the reserve primary fund breaking a buck and wondering if the whole thing was going down that day. We talk about liquidity here from time to time, but that was F###ing crazy! No bids all over the place... I am not a fan of the Fed, or their kick the can policies, but you can't tell me Bernanke doesn't have clout. There was no game plan to pull up, they created the play book on the fly. He had a part in saving a lot of big shots a$$es. Those all-weekend emergency meetings where they would draw up a stick save before Monday open... You can't tell me he doesn't know the ins and outs of the financial system better than almost all. He has many big timer$ who owe him and those connections will be interested to see what he is talking about, especially with the fever over crypto and the negative (fair or not) reputation it has in the mainstream. I think this is a huge score and will be seen to be, it just may take longer than you were expecting to price in.
  15. Swift teams with TCH to drive instant payments in US http://www.bankingtech.com/947172/swift-teams-with-tch-to-drive-instant-payments-in-us/ The global financial messaging provider says it will provide US institutions with a gateway to The Clearing House’s(TCH) real-time payments (RTP) platform. And as instant payments become more ubiquitous in the US, Swift says it will provide an interface to manage the requirements of sending and receiving domestic instant payment transactions on behalf of customers. TCH is building a new clearing and settlement system to support domestic instant payments in the US, enabling consumers and businesses to send and receive payments in real-time and directly from their accounts at financial institutions. It will also include data and non-payment messages financial institutions can use for digital commerce solutions. Swift will give US banks the ability to access a single platform, Alliance Messaging Hub (AMH) for both Swift high-value payments and low-value TCH real-time payments, according to an announcement. AMH is an orchestration layer that includes a gateway to the TCH RTP network, as well as other gateways and APIs, which enable financial institutions to connect to other non-Swift networks. The solution will be commercially available by early 2018. *Backdoor left open?
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