
JoeBishop
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About JoeBishop
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I'm in the US and was able to login to Binance.com today and withdraw a small amount of VTHO that I had forgotten about. I believe US users can login and withdraw - just not trade. He should give it a try. As an FYI, I did receive a warning message when I logged-in that identified my IP as US. It then gave me the option of verifying that I was not a US citizen (via KYC) or proceeding without verification (which I chose). Maybe it's different if the user has already been verified as a US citizen - don't know. Good luck to him!
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Asia retail hodlers and Jed's nightly sales yet to come . . . this madness likely continues for a while.
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Pretty good article on the history of inter-CB swaps . . . https://www.nytimes.com/2020/03/20/opinion/coronavirus-economy-currency.html
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Who will be Swell keynote speaker this year?
JoeBishop replied to namini's topic in General Discussion
https://en.m.wikipedia.org/wiki/Ban_Ki-moon Can't believe no one has figured this out yet . . . Works on soooooo many different levels -
XRP: Effecting Change and Leading Digital Asset Adoption
JoeBishop replied to Hodor's topic in General Discussion
Thanks for confirming Weitse - unfortunate, but not al all surprising. Appreciate everything you're doing for the XRP Community. Keep up the great work! @xrptipbot -
XRP: Effecting Change and Leading Digital Asset Adoption
JoeBishop replied to Hodor's topic in General Discussion
Great write-up as always @Hodor - thank you!! Question for you and the community . . . are there plans to integrate @xrptipbot into LinkedIn in the near-term? Having dealt with Linkedin previously, I know them to be notoriously strict with API integrations - especially as it relates to monetization of anything on their network (which is understandable, I suppose). That said, my thinking is that @xrptipbot and even Coil could be a great way to incentivize quality content (posts, articles, etc.) on the platform - while providing terrific exposure to XRP among those "professional types" who -
Moon River. Moon ?
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Ripple IS working with the U.N. - Proof?
JoeBishop replied to slinuxuzer's topic in General Discussion
Related? Just popped-up in my news feed. https://twocents.lifehacker.com/what-is-postal-banking-1828194701 -
US people.. have to report $$ to FinCEN
JoeBishop replied to XRPto50dollars's topic in General Discussion
This may provide some clarity (at least on the TaxCut question). Image #1 is the screen that appears if you answer yes to the question "Was the total value of your foreign accounts more than $10,000 at any time in 2017. The IRS link provided takes you here: https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-accounts-fbar The second image follows after several more questions related to "foreign financial assets". If you answer "yes" to the question, it indicates you need to file Form 8938. I'm interpreting these as two related, but dist -
US people.. have to report $$ to FinCEN
JoeBishop replied to XRPto50dollars's topic in General Discussion
@MegaNerd I just finished my taxes with TurboTax last night. The way I read it, if you indicate that you had more than 10k on a foreign exchange, you have to file the FBAR form - but it cannot be done via TurboTax. They provide links to the IRS website and instruct users to file that separately. May not be applicable for you, but it backs up what XRPto50dollars has been saying. (Tip of the cap for the thread @XRPto50dollars - very helpful!) -
Serious (but possibly stupid) question . . . does that 27 trillion really just sit dormant in nostro/vostro accounts? Banks are in the business of lending money. Why wouldn't the ones holding these funds put the capital to work in the markets until the depositors need the funds? The above (if true) doesn't minimize the importance of eliminating these accounts. But systemically, I suspect the amount and velocity of money won't be impacted as much as most seem to think. Thoughts?