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About meegwell

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  1. Jus got this also...I can see a lot of folks clicking on that it looks legit. Always check the email and url link and generally if it's too good to be true....On the bright side, people want XRP..?
  2. This is funny. I thought the very same thing when I read Tiff's post. kid's gift cards and games.... #XRPthestandard ?
  3. On Demand Liquidity, from a marketing/naming standpoint, refers more to the idea of cross border transactions being executed with "on demand" liquidity rather than liquidity "in storage" via nostro/vostro accounts. Nostro and vostro accounts require pre-funded fiat to liquefy transactions. The ODL product (formerly xRapid) seeks to change that from "stored/deposited" to "on demand". Storing money in someone else's bank ties up capital and is expensive. The direct meaning of the name is not related to the overall market activity/liquidity of XRP. meegwell
  4. The security laws you mention were written prior to the explosion of cryptocurrencies ad at a minimum need to be adopted after careful thought and interpretation. Each country or international body representing multiple countries needs to address these (at a minimum) 10,000 foot categories, if they haven't explicitly already done so This involves a lot of different agencies/commissions/etc.: Regulatory Framework - Transactions and/or Mining and/or ICOs for Individuals, Corporations, Exchanges, etc Broad Participation Restrictions - Legal Status (consumer, corporation, exchanges): All activity disallowed, limited activity allowed, no broad-restrictions on participation, etc. Asset Class Designation: equity security, commodity, currency, etc. Anti Money Laundering/Counter-Terrorist Financing ("AMT/CTF") laws: Know Your Customer (KYC), Suspicious Activity/Transaction Reporting (SAR/STR), etc. Tax Designation: Income Tax, Capital Gains, Loss Offsets, etc. So for example, tax designation, KYC, and asset class laws will be different for individual transaction vs. corporate or government ICO, vs. an exchange, etc.... There is a lot of work that needs to be done... meegwell
  5. First, I have never participated in one and immediately think "scam" "if it's too good to be true..." Are they all scams? I see one now on medium.com for XRP. My question is id they are not *all* scams what would be the purpose of them?
  6. Someone help me with an example...off the cuff I see this as: I can buy NYSE: XYZ stock at 12:00pm US ET, sell it and hour later, then buy NASDAQ: ABC stock with the same proceeds from the XYZ sale since this all settles near instantly. In todays world that transaction, using no credit or additional funds, takes 2 days to clear. In the background the actual value is transacting in digital assets? If so this seems like a similar/somewhat similar setup to the nostros/vostros cross boarder settlement solution where the value is "toekenized" in from currency at home, then "un-tokenized" into another currency away from home?
  7. Tinyaccounts's post, graphic, and link are about 24h volume, not market cap. $573/7% is a volume number. fyi...
  8. I had a rippex wallet years ago and obviously they are no longer. I have and still make deposits to my wallet, and I have my secret key associated with said wallet stored securely offline. As my xrp account grows, I have increasing anxiety about whether or not I can access the XRP. At a minimum, I would like to do some sort of simple test - I have at least two other wallets, exchange-based, for various reasons with much smaller balances, coinbase and something else I dont recall at the moment. Is transferring a small amount of XRP from my primary (former rippex) wallet to say the coinbase exchange wallet a safe way to test that I can access my XRP? Going forward, and assuming all is good related to the above test, am I OK just keeping things as-is: know my wallet key and periodically check the balance and make deposits; have my private key securely stored and safe offline. ?? Or should I change this setup to a hard wallet for some reason?
  9. Sorry, but as a finance practitioner I can't let this one go. There is nothing "artificial" about shareholder value increasing due to a stock buyback. This is typically a good use of excess cash for a corporation. All else constant, less shares = higher price per share, and vice versa. It's a simple math problem and is basically increasing the value of shares to current shareholders at a price. That is not artificial....the valuation of the company does not change, each shareholders value increases as it should - naturally - not "artificially" - do to less outstanding float. This is corporate finance 101.
  10. listen to re-broadcast here: http://ir.moneygram.com/events-presentations
  11. around 24 min - i think the second analyst question - they do a great job explaining the consumer vs. back-end sides of sending money cross-boarder and for the first time ever we can settle the back-end process as "near to instant as humanly possible" and getting rid of all the money "trapped in transit". Great stuff...the vision becoming reality.
  12. They gush a bit about Ripple and xRapid "Ripple has become our key partner for settling cross border payments using digital assets" "Sooo excited to announce today that moneygram is live and settling transactions on the xRapid platform" "we started executing trades this week and all signs point to this being a tremendously beneficial relationship for all parties involved" "we are literally settling trades in seconds and quote my friend Larry 'this is really cool'"
  13. Seems like that is generally positive. Sorry if Im missing it and it is here somewhere just looking for thoughts. https://techcrunch.com/2019/06/26/imgur-premium/
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