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  1. Charities are in the trust game. Crypto isn't. Crypto has a massive deficit of trust (due to it being optional) so putting oneself in that space already places your organisation in the same footing as scammers, ponzis and the dark web. In fact, when I first saw this thread, my immediate reaction was "hmmm, what's this?" but more in the sense of wanting to test your bona fides. If you want to have a better understanding of voting systems as they apply in the cryptosphere, you should definitely check out the following article by the guys at Cornell. They (deservedly) earned a boost from Ripple's university funding program and have written some of the most important and relevant crypto research there is. http://hackingdistributed.com/2018/07/02/on-chain-vote-buying/
  2. I've fixed up the OP - can we return to the topic at hand please? It's quite topical at the moment if you've been roaming around crypto-twitter recently...
  3. @VoteForTomorrow I have my own reservations about charities in the cryptosphere but that's irrelevant. What counts is that you have taken the initiative to dive into this. Your journey can only make us all more knowledgeable and provide more depth to the XRPL ecosystem. I'll leave others to comment on the technical/security details. I'm more interested in the voting system and smart contract set-up. Is the intent that your voting system would result in automated transfers of funds based on the outcome of the vote? I ask because voting systems are notoriously game-able when built on smart contract platforms. If your online vote is simply the first step before due diligence is conducted of the applicant and a second vote is taken by the charity's board, you obviously lose transparency but will reduce the risk of a Boaty McBoatface situation, scammers, money launderers or worse. Also just a quick comment on the name because it really jumped out at me: "vote4tomorrow" sounds a lot like a Super PAC. Luckily the website clearly dispels that idea but it might be relevant as your project grows... I'm really interested to see how this develops!
  4. It’s times like these that people need proper investment advice. @Staigera - You only have a few options here. Cut your losses or hodl. There is little you or anyone here can do to change the course of history XRP has embarked upon.
  5. As much as I would love to chime in here, I think we all know that this topic is likely to inflame partisan members on the forum and I'd ask that you reconsider discussing this subject matter further. Every other thread discussing US politics has rapidly descended into abuse pretty quickly with no gain whatsoever. I think we've reached a unwritten consensus across the forum based on the fact that overtly political debate has faired poorly on the internet. It goes like this: you don't mention "him" and I won't mention "him" either (passing reference aside). Seems fair, no?
  6. Hello friend! So before I make any comments about your very perceptive post, may I ask: patent examiner or attorney?
  7. Unfortunately, my extensive research indicates there isn't much contract in "smart contracts" either so I've been using inverted commas for a while myself... I might be biased because I'm involved in the relevant Working Group but I think Hyperledger is closer to the mark by designating these things as "chaincode". It's not a very catchy name but at some point a suitable taxonomy will emerge to recognise the developing jurisprudence in the space so we can drop the quotes and truly speak of smart contracts.
  8. It's impressive how resilient BG123 is. I had to reach out to him on twitter early last year and discovered he was a complete nincompoop and troll. His big "find" was posting the following wallets, thinking he had hit upon Mastercard Indonesia's XRP wallet/s (quickly debunked by mars75): This lead a bunch of XRPChat users into a likely honeypot/phishing/practical joke run by this guy. End result was a good number of people closing their accounts here and deleting profiles thinking their computers and phones had been hacked. Yep, BG123 ticks all the boxes of a knowledgeable insider. Of course I say this assuming one is prepared to accept that he was neither "knowledgeable" nor "inside".
  9. Ah yes, this one? https://bithomp.com/explorer/rJ2gXg1xcYW6756fBj393Dd9ZekJP45odZ
  10. That just goes to show how far behind IBM are. They haven't hit any regulatory hurdles because they haven't got that far yet or worse have left that problem for their clients to solve by themselves (good luck). It's when they start complaining of regulatory hurdles that you'll know they are catching up. From LOI to tech inception is about 12-18 months given the rigorous testing required for any complex money transfer systems. Let's see where IBM is in July 2020. I suspect it will be more LOIs and a few clients testing if they are lucky. Let's follow the money - in IT companies, the money you follow is that made by the sales team. This means you only need to look at the incentive structure for a sale of XLM's tech and IBM's own in-house wrapper. IBM sales teams need to make money on the sale of the software systems and lock the bank in for multi-year support. The bank therefore would need to be absolutely sure that XLM solutions are the way to go to obtain any sort of ROI. That's a big gamble by the bank and they tend not to gamble that much on tech. Ripple doesn't leave the bank with that problem - they can almost give the software away. Then IBM needs to find the liquidity in the market to allow XLM to be used as a stable bridge asset. They can't pull that off alone, even with a few clients on board. They need a LOT of banking clients on board otherwise XLM remains a niche product. IBM is asking its clients to build the rails. Ripple isn't. IBM lobbies politicians heavily but would never get heavily involved with the regulators - most of their clients would frown on that. Ripple is a subject matter expert and is being invited in by the regulators, central banks and industry bodies to frame the conversation. Admittedly, everyone benefits from the work Ripple is doing. Ripple's DLT is their main game - at IBM it's a pet project and could be dropped at any time. I agree that one should keep an eye on IBM but talk of widespread adoption of IBM/XLM systems any time soon? Now that's dreaming.
  11. Pablo

    Proposed Badge: Salty

    Oh vsyc. Our valiant black knight.
  12. This is exactly how ponzis propagate. Earlier investors get to play with the money of later investors and keep promoting the scam not realising (or misrepresenting) what is happening to downstream investors. I don’t want proof of your returns. That’s easy. What I want is proof that every single investor has made the same guaranteed returns and cashed out. Because if you can prove that, you have found the mythical money tree and we’ll all get rich!
  13. Ripple Labs in the Great Crypto Shakeout - Takeover Target or Empire Builder?
  14. You're the analyst here - I was hoping you'd tell us! Seriously though - this looks more like a corporate restructure than a complete dissolution. It sounds like the administrator is there to assist with breaking up the company in a sustainable way, rather than melting it down for scrap. But without access to the books, it's impossible to really know. This fintech company is facing a challenge common to many in this space: having developed tech products and also funded businesses that might benefit from those, how does one maximise the return on all investments (time, development and capital) without the necessary in-house experience and one's own limited resources? It's not easy. The Legal Director of SETL France is unusually forthcoming about the background and viability of the business in an interview here: https://ecsda.eu/wp-content/uploads/2018/12/2018_11_27_TCremers_Interview.pdf Not Ripple related, but an interesting development nonetheless and consistent with my view that 2019 will see a shake-out of many fintech, crypto and blockchain businesses.
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