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xrpzilla

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  1. Awesome company! I'm surprised I haven't come across them during my super search for a decently priced sectional. Here's the company's info for anyone wanting a direct link: https://www.beliani.com/ Thanks for the share.
  2. Because this is a more effective strategy. No sense in playing whack-a-mole when you can disable the platform enabling that behavior.
  3. No need to get offensive. The post is food for thought, and no one is implying you must digest it.
  4. In this scenario, 6.67% ($100B) of the total liquidity by the Federal Reserve is utilized to purchase XRP for all central banks. 6.67% of $1,500,000,000,000 ($1.5T) = ~ $100,000,000,000 ($100B) We assume $0.15 cost per XRP. This is conservative, since it's highly likely that a bulk acquisition of this size would result in a lower price agreement. $100B worth of XRP bought at $0.15 = 15 Billion XRP This is effectively more than 1/3rd of total circulating supply, instantly creating a shortage of supply Institutional-grade backing of this level will signal a green light & accelerate the adoption of digital finance A combination of commercial and individual investments feed into XRP demand, and shortage of supply has a parabolic impact on the price of XRP The rise in XRP value greatly benefits balance sheets, allowing Banks to leverage this new asset class to drive more investments & growth. $10 XRP Price = $150 Billion in Assets $100 XRP Price = $1.5 Trillion in Assets Now this alone is enough, a valuation of $100 per XRP. This can take care of the financial industry and place it in a much healthier position, but there's room for further growth as XRP solidifies its utility on a foundational level. For example, here's a possible White Swan Event: Universal Basic Income (UBI) is ratified into law and now every citizen receives $1500 worth of digital currency on a monthly basis. XRP is utilized as the primary, underlying vehicle by which to make financial transactions across the globe and it allows for the digital currencies of different countries to seamlessly interact. Furthermore, the ability of XRP to release capital locked in Escrow plays into the ability for banks to acquire more XRP, further driving demand while decreasing supply. Derivatives, stock markets, the whole financial industry... by 2025, XRP's adoption across the FinTech spectrum makes it the cryptocurrency of choice. Its price reflects this: $589 XRP Price = $8.84 Trillion in Assets (Obligatory BG123 Reference) $1,000 XRP = $15 Trillion in Assets $10,000 XRP = $150 Trillion in Assets
  5. I reached out shortly after he announced his departure from the Hodor persona, and I offered my support as a contributor & team member for his next project. I love to write as well, and I always appreciated an Editor able to chart out a vision. His response to me was succinct, but gave a very clear indication that he was looking to pursue his next endeavor individually -- and he politely encouraged me to also independently pursue my writing passions. I have no doubt that he's contributing to the community still, be it direct or indirect, and I wish him well. I miss his format and writing style, so I find myself keeping a lookout for his true alias, but seeing the post above made me want to contribute a nice, positive memory to this thread. No need to wonder why he left, just appreciate his time here & carry the torch forward in his name.
  6. Absolutely. I've seen a proliferation of contributors in the community, especially in the news aggregation and research category. He dedicated an entire blog post to this. See the section titled "What Prompted This Decision."
  7. MoneyGram published a press release yesterday sharing how they're expanding into India. It really looks like a great partnership in the making. For Ripple... They just got a VIP, direct access line to India's massive remittance industry & now have the capability to serve a large swath of the country by utilizing Ebix's 320,000 distribution outlets. For Ebix... They're going from handling remittances of $3B with their distribution outlets across India to now partnering with Ripple. Ripple's network impact and financial incentives are a huge advantage in India's market, and it opens major doors for them to reach revenues for remittances that are magnitudes greater. I see this being a game-changer both within India's financial markets and for Ripple abroad. (Link for the press release.)
  8. View original content to download press kit multimedia: Millions of consumers across the EbixCash network of more than 75,000 villages will access the MoneyGram global platform in a partnership that aims to service $3 billion in annual remittance volumes NOIDA, India and DALLAS, Jan. 13, 2020 /PRNewswire/ -- EbixCash, a wholly-owned subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services, together with MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, announced a strategic partnership to bring enhanced services to millions of consumers across India. Details of the strategic partnership include: MoneyGram has appointed EbixCash as its exclusive partner in India. MoneyGram will now be able to reach additional consumers through Ebix's 320,000 distribution outlets spread across 768 districts, 4,000 cities, and more than 75,000 villages – significantly increasing coverage in rural areas. EbixCash customers in these locations can now access the MoneyGram platform to quickly and conveniently receive money from family and friends around the world. The strategic partnership aims to service inward remittance volumes of $3 billion annually by targeting remitters in key sending markets outside India "MoneyGram is focusing on diversification by investing in both its digital business and in key international markets such as India," said Alex Holmes, MoneyGram Chairman and Chief Executive Officer. "Partnering with the largest financial exchange in the country is an important milestone, and we are excited to enable EbixCash to plug into the MoneyGram platform to access our customer-centric capabilities and services." Robin Raina, Ebix Inc. Chairman, President and Chief Executive Officer said, "We are excited with the nature of this strategic partnership which is a win-win for both sides. Being a master agent for MoneyGram, our interests will now be perfectly aligned to ensure that MoneyGram's reach is spread across the length and breadth of India through our strong franchisee network. We see this as a game changing deal on many fronts for us and will thus put all of our might behind this partnership." "India remains the world's top recipient of remittances, and we're excited to better serve this critical market through our partnership with EbixCash, a leading brand with an approximate 80% share of locations in the country," added Grant Lines, MoneyGram Chief Revenue Officer. About MoneyGram International, Inc. MoneyGram is a global leader in omnichannel money transfer and payment services that enables friends and family to affordably, reliably and conveniently send money for life's daily needs in over 200 countries and territories. The innovative MoneyGram platform leverages its leading digital and physical network, global financial settlement engine, cloud-based infrastructure with integrated APIs, and its unparalleled compliance program that leads the industry in protecting consumers. For more information, please visit www.moneygram.com About EbixCash and Ebix, Inc. With a "Phygital" strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations ("ASEAN") countries, to an Omni-channel online digital platform, the Company's EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash's Forex operations have emerged as a leader in India's airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash's inward remittance business in India conducts approx. $6.5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia's leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year. For more information, visit the Company's website at www.ebixcash.com With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix's main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world. For more information, visit the Company's website at www.ebix.com CONTACTS: MoneyGram Media Contact: Noelle Whittington media@moneygram.com or 214-979-1402 EbixCash Media Contact: Darren Joseph IR@ebix.com or 678 281 2027 David Collins or Chris Eddy Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com SOURCE MoneyGram International, Inc. (Hattip to Yogita Khatri for publishing this article on The Block Crypto which mentioned the press release.)
  9. Image shows a motion for dismissal exists on the docket, not a dismissal. Someone jumped the gun here.
  10. Here's their story: (Source: Bitmex Blog) R3 sued Ripple on Sep '17. They argued that Ripple agreed in September '16 to give it the option to buy 5 billion XRP at an exercise price of $0.0085 before Sep '19, three years after. R3 alleges that in June '17, Ripple terminated the contract, despite having no right to do so. Ripple then filed a counter case, alleging that R3 did not honour its side of the original '16 agreement by failing to introduce Ripple to a large number of banking clients or to promote XRP for usage in these banking systems. ...So this means that R3 never exercised their option to buy 5 billion XRP for a total cost of $42.5M, and then started a lawsuit when Ripple wouldn't let them buy it after its worth became $16.5 Billion. & to answer the main question, they never received/acquired the 5 billion XRP as their purchase rights were revoked.
  11. Dan Morgan is also on this list of employees that have departed... But, family, why the negative outlooks? I tend to lean on the more optimistic possibilities. Similar to how Morgan has ventured over to Plaid, which has now been acquired by VISA, it could be possible that these players are carrying the torch and helping to illuminate a broader landscape. They’ve left Ripple, but they continue to add to the Ripple Effect.
  12. The standard for calling someone an expert should be at least 10,000 hours of research in the field. It is an injustice to see that bar knocked down a couple of decimal points. Even with a 60 hour weekly research schedule, which truly boils down into 40 hours of productive research and 20 hours of breaks & distractions, and with a maximum of 2 weeks off for holidays and vacation, you're looking at 5 years of straight cryptography and finance research... That being said, here's a cheers for team XRP early adopters.
  13. The last time I felt like this was when Michael Scott left the Dunder Mifflin Paper Company. Ha, horrible analogy actually, but I've thoroughly enjoyed your publications over the years, @Hodor, and I don't think there will be any that can fill your shoes. Here's a toast to everyone having their own style and having their own indelible impact on the world, to the ripples that we each cause. 🍻
  14. If you are sincerely interested in the reasoning behind their target audience’s decision to use their services, look at similar real world counterparts as an example... one example, the ability for landlords/homeowners to take a loan out on their home’s equity.
  15. This is delightful news. I researched PNC's stake into Blackrock and it seems that it's risen to 22% now, according to their most recent filings. Potato, potato. (Ha, doesn't translate online but hopefully you catch the drift.)
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