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aavkk

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  1. haha, you're hilarious. On Demand Liquidty was formerly known as XRapid. Volumes being used by actual customers of ODL are exponentially increasing. I just hope you are still holding your bag of XRP, begrudgingly or not.
  2. Of course, no one is surprised by this. Which is why existing partners like Moneygram and TransferGO are pushing for new corridors to open. Currently Australia is open but the Netherlands is not. As an XRP holder I would fully expect once the Netherlands is open for business both Moneygram and TransferGO willvery slightly undercut Transferwise on price. This will happen around the world and in corridors with many competitors margins will be very thin but volumes will exponentially increase.
  3. Really well done, thanks for the synopsis. What a long way Ripple have come from the tent at Sibos a few years ago.
  4. Agreed regarding China potentially moving the timeline up. Lets hope so. As for us being the boldest and smartest, perhaps a bit of that however the reality is that we don't have shareholders to face when our "investment" is wiped out by a hacker. The custody piece is a firm must for any regulated insto and based on the market it appears thats not 100% taken care of. cough, cough POLYSIGN cough, cough. In 10 years we are all going to be telling stories and laughing about our ledger nano's and shady ass exchanges that are in undisclosed locations around the world. We will have navigated successfully through the wild west of a whole new asset class. BEEEEEEEEETCOOOOOONNNEEECCCCCT!!!!!!!!!
  5. I agree XRP is far from a stock but let me ask you a few questions. 1. Because this is a completely new market will you concede that we don’t yet know how the digital assets who serve a valuable utility will be valuated by the market in the long-term? 2. Is it also possible that the DA’s with the highest utility driven demand may also prove to be the best store of value? You see I’m taking the viewpoint that XRP will likely serve a valuable and unique function in the “internet of Value”. As a result of this unique functionality I believe the market will place a disproportionately large value on XRP. While I think there is a fair chance the market has been manipulated down in an effort to accumulate I think it’s more likely that current prices offer incredible upside because of the uncertainty of the market overall as well as the utility of the assets themselves in the market. When XRP proves valuable to MGI as demonstrated in the Q4 report in Feb. it won’t just be other remittance firms, banks and central banks taking notice. Wall St. will have their eyes wide open. I also feel that most regulated institutions (hedge funds and banks) would prefer to buy XRP at $2.00 after it’s ODL and associated cost savings are proven than getting in today at .29 before it’s proven. It’s the family offices and unregulated insto’s that have entered already and even they have just dipped a toe. 2020 will be a year of emerging utility against a backdrop of ever more clear regulation. 2021 is where things begin to expand and 2022/2023 The real party begins- trade finance, other use cases, Jevons Paradox and Metcalfes Law. Where will the speculative runs occur in this timeline is anyone’s guess. When is the best time to plant a tree? Yesterday*. When is the next best time? Today. * unless Jan 2018 😂
  6. Key takeaways for me with this is: SBI is interpreting the ability to expand its crypto related business in April 20' per Japanese regulations but are setting things up now in anticipation of that. Also, Money Tap is likely to receive capital directly from Ripple in the future though not sure when. Let's hope this is as big as we think it is.
  7. Navin is so solid. I love the mention of On Demand Liquidity and why its such an important ingredient in the PSP's cost savings model.
  8. How confident are you a major correction won't happen prior to the election? Anything specific to support that? Why do you expect the next correction to be less impactful overall than 2008?
  9. This was my favorite take away from the report and very bullish: "Ripple customers live with ODL, including MoneyGram and others, increased by 75% last quarter and dollar volume on ODL increased more than five times from Q2 to Q3. In addition, Ripple announced its acquisition of team Algrim to support the ongoing development of ODL. To keep up with strong customer demand, Ripple is rapidly expanding its team on a global scale—Iceland will serve as one of Ripple’s engineering hubs with plans to bring on more technical talent in Europe." While at the moment were probably taking 5x a very small number it doesn't take many quarters of 5x type growth for the world to take ACTION, not just notice. I can't wait to see MoneyGram's Q4 report in late Jan/Feb.
  10. Do you see bitcoin improving? I see things getting progressively worse from just about every possible quantifiable metric.
  11. wow, good instincts @kanaas. I wouldn't mess with that at all. This conversation demonstrates how early we are and how badly needed Polysign is @JoelKatz. David, we are (not so) patiently waiting. Looking forward to updates.
  12. Welcome! There are people from many different backgrounds here and a treasure trove of info. Be sure to dig through the archives and make liberal use of the search function. Enjoy!
  13. Yes, many thanks for distilling mountains of data/news into digestible bits with a wonderful sense of balance and without sensationalism. I’ll certainly miss Hodor’s contributions though change is often challenging but good. You can’t learn and grow as a person without change and getting a bit uncomfortable. Kudos to you for pushing yourself out of your comfort zone!
  14. I do miss him. Haha, do you remember that conference Miguel opened things up to questions and someone introduced himself as @MaxEntropy for a question? Miguel’s reaction was hilarious.
  15. Nah, they always miscategorize the seniority of the roles via these portals. The job description reads senior and its a lead role. Definitely bullish.
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