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Picard

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  1. Like
    Picard got a reaction from Finesse in Where Ripple and its believers are being headed. !   
    The only thing I believe in is Ripple and its technology including XRP as a bridge currency. If this does not happen shame for the world. Don't need TRump to declare anything except his resignation. If your post is meant to stir trouble pl,ease keep it for yourself. We don't need trouble makers here. Amen
  2. Thanks
    Picard reacted to Hodor in XRP News Update: June 25th, 2019   
    Blog URL: https://coil.com/p/Hodor/XRP-News-Update-June-25th-2019/C2b8POzio
    The IoV is unstoppable!Β  I cover the most important XRP-related announcements and news in my latest blog.
    π†πžπ§πžπ«πšπ₯ 𝐁π₯𝐨𝐜𝐀𝐜𝐑𝐚𝐒𝐧 𝐍𝐞𝐰𝐬: The SEC's DLT Finhub session took place on May 31st & I provide my take on the panel discussion.
    𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Scotiabank and Leapfrog Technology announced they are Ripple customers; Banesco Panama provides more details on its latest work with Ripple; and Dilip Rao, Ripple's Global Head of Infrastructure Innovation, will present at the Central Bank Payments Conference in Berlin, Germany. Β 
    𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: I host the first 'Hodor's Mysteries' exclusively for Coil subscribers & share two fascinating Coil creators that you won't want to miss. Β 
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Ripple publishes a new, enhanced version of the 'WebSocket Tool,' a popular tool for submitting transactions, now available on the Test Net and your local validator; and XRP_Productions, a popular new video producer, releases 'Farewell, Bitcoin,' a unique seven-minute video worth sharing with friends & family.
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  3. Thanks
    Picard reacted to XRPKronk in US Banks are Getting Frantic   
    Alright guys, its been a hell of a week for Ripple and crypto in general. We are witnessing the beginning of a banking revolution- its only going to get crazier as we head into 2020.
    Β 
    PART 1: Let me start this post by telling you a conversation I had with my mother, an executive loan officer and branch manager of a regional bank in the south:
    After the usual mother/son conversation, I asked her how her job was going since she just came back from family leave. APPARENTLY....
    "The top executives are freaking out. The projections for loan income areΒ completely off due to the FED announcement."
    If you're not in the US, basically the central bank wants to lower interest rates next month. The effect?Β Here is an excerpt from a Yahoo Finance article:
    https://finance.yahoo.com/news/fed-interest-rate-cut-horizon-121512567.html
    So, US banks will be struggling to make the quota for this fiscal half because the banks projected the rate to actually increase rather than decline. This meant that many banks gave adjustable rate loans to borrowers in hopes that the prime rate would increase over time.Β 
    Β 
    PART 2:Β Responses from other banks have ranged from nonchalantΒ to panic
    As you can imagine, banks want to keep a lid on their panic state. Most have released statements that say they were prepared for the rate decline. Some are in denial and think the FED will callΒ back on its majority vote to cut the rate
    https://www.cnbc.com/2019/06/20/one-major-bank-is-holding-the-line-saying-the-fed-wont-cut-rates-this-year.html
    Once Goldman Sachs executive went all the way to say smaller banks are screwedΒ 
    https://www.bloomberg.com/news/articles/2019-06-20/goldman-sachs-executive-says-legacy-retail-banks-are-screwed
    Based of the conversation with my mother, I would agree that the banks are concerned and stand to lose a lot of money.Β 
    Β 
    PART 3: ENTER CRYPTO- Libra is announced, and the Moneygram Move
    Okay so, unless you live under a rock, the news this week has been amazing. Facebook announces Libra under much criticism.
    The announcement had a few effects:
    Whether you love it or hate it, it has helped bring crypto into the spotlight this week. All press is good press for crypto, that much is true.Β  Regulators have sprung into action. Already making statements about the regulation of Libra and crypto in general. (See quotes below) https://www.apnews.com/ee872c2a79494a1183866bd1dc9c9083
    https://www.cnbc.com/2019/06/20/facebook-libra-cryptocurrency-faced-with-central-bank-warnings.html
    https://cryptonews.com/news/fatf-decides-to-tighten-crypto-regulation-report-4092.htm
    There are plenty of other quotes, but i think this suffices.
    A final effect is that banks will be looking for an alternative or an edge against their competitors. Ripple and Xrapid already exist and has gone through extensive trials over the past 5 years.Β  Brad Garlinghouse has already made the statement that Ripple has has a "record week" due to the Libra Announcement:
    BOOM-Β Thank you, Facebook.
    Ripple is also in the spotlight for the Moneygram Deal. MoneyGram's Stock rose over 150% and huge announcements for new corridors were made as moneygram is expanding their footprint in India.Β 
    Ripple is making other moves as SBI Remit and SCB Thailand are featured in their Paying Forward promo videos (check twitter, i'm too lazy at this point to embed them lol)
    Β 
    Conclusion
    TLDR: Banks are hurting from the potential FED rate drop and crypto appears this week to banks as a way to cut costs.Β 
    The financial transformation is on the horizon and is approaching fast!
    Β 
    If your read all that, congratulations. You're amazing!
    Β 
  4. Thanks
  5. Like
  6. Like
    Picard reacted to Hodor in XRP: The Pressure-Cooker   
    Blog URL:Β  https://coil.com/p/Hodor/XRP-The-Pressure-Cooker/_l2JcM7nC
    XRP is a pressure cooker of pent-up demand from its utility-driven value! Find out more & learn about the latest XRP news in my latest blog:
    π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬:Β  Liechtenstein passes its "Motion on the Blockchain Act"
    𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple is attending five conferences in May, including ones with the World Bank and the OECD; FXC Intelligence rates Ripple ahead of both SWIFT and JPM Coin; and Ripple embarks on a global advertising campaign.
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: @CinnappleFun adds to its website; NOW Payments supports XRP; and CoolWallet, a hardware wallet provider, now supports XRP.
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  7. Thanks
    Picard reacted to Julian_Williams in CIMB and Siam Commercial Bank praising Ripple and comparing to SWIFT   
    Thomas Tan Kok Kiong (CIMB Bank) and Siam Commercial Bank at Ripple Regionals: APAC 2019
    we have come across CIMB before
    Β 
    Paul (Thanaarmates) Arriyavat of Siam Commercial Bank at Ripple Regionals: APAC 2019
    Β 
  8. Thanks
    Picard reacted to Hodor in High Octane: Developers   
    Blog URL:Β  https://xrpcommunity.blog/high-octane-developers/
    Developers are the fuel to the fire for XRP; Find out more & all the latest news impacting XRP in today's blog:
    𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple's development blog gets a makeover; Xendpay announces no transfer fees to the Philippines; TCS may have just enabled RippleNet access for a massive number of their customers; Navin Gupta presents to C-level execs at the Mint Digital Innovation Summit; RationalFX re-affirms its partnership with Ripple; and the Interledger Summit wraps up two days of presentations to potential ILP devs.
    𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: Stefan Thomas presents at the ILP Summit; and the Puma Browser is released (beta), supporting Coil on iOS devices.
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Nik Bougalis publishes a blog detailing the ongoing steps the Ripple C++ team is taking to work with 3rd party devs to review code and security; The Cryptoe Man publishes his latest electronic artwork via Twitter; and both Thomas SilkjΓ¦r and Tiffany Hayden pen separate blog about scammers and secret keys, respectively. Β 
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  9. Like
    Picard reacted to ADingoAteMyXRP in How does ILP specifically benefit XRP?   
    ILP is essentially TCP/IP for value. ItΒ selects the most optimal route for payment and settlement (speed, cost, etc.), then allows for execution of that payment across multiple connectors and participants.
    ILP isΒ currency-agnostic, meaning there's no guarantee that the optimal path will be a path that utilizes [pick your favoriteΒ currency], but this is actually a great thing for XRP in my opinion.Β It will result inΒ a larger payments market for digital assets of all kinds, but especially those that are fast and cheap to transact.Β 
    Basically, ILP levels the playing field.Β Payments become a meritocracy instead of a set of walled gardens with chokeholds being maintained by power-players.
    Others please chime in to correct me!
  10. Like
    Picard got a reaction from mDuo13 in Here's why Western Union hate xRapid: their business model is high fees   
    Not when more and more people can pay with their smart phones in a easy way. Look at microtransactions for a penny. The farmer who for sure will have a smartphone can accept something else then cash. Wasn't the whole mojaloop project not built around microtransactions especially in Africa? And we know in Africa almost everyone has a smrt phone. So I think WU will have to change their attitude otherwise it is bye bye.
  11. Like
    Picard reacted to retryW in Down the xRabbit Hole   
    Hi fellow zerpers, I've spent the last few weeks writing about my research into xRapid transactions, and my search to confirm one performed by an FI.
    It's probably shaky at times and possibly a bit drawn out, as I lost motivation a few times for various reasons. But I think there is some decent information in there.
    https://xrpcommunity.blog/down-the-xrabbit-hole/
    Β 
    P.SΒ  I found one.
  12. Thanks
    Picard reacted to ADingoAteMyXRP in xRapid volume increasing says whale watchers   
    xRapid drives more entities into holding XRP since market makers, banksΒ and LPs can profit so much off the spreads. So the utility gets more companies buying, which drives up the price.
    xRapid isn’tΒ magic price appreciation; instead it brings a whole ecosystem to life, and that’s what drives price.
  13. Thanks
    Picard reacted to Julian_Williams in World Bank Blog mentions Ripple’s xRapid for its Quick Funds Transfer Feature   
    World Bank Blog mentions Ripple’s xRapid for its Quick Funds Transfer Feature
    https://blogs.worldbank.org/psd/paying-across-borders-can-distributed-ledgers-bring-us-closer-together
    Below ClickBait reporting by zycrypto
    "World Bank gives Approval for use of Ripple’s xRapid for its Quick Funds Transfer Feature"
    https://zycrypto.com/world-bank-gives-approval-for-use-of-ripples-xrapid-for-its-quick-funds-transfer-feature/
    Β 
    Β 
  14. Thanks
    Picard reacted to DreXRP in The Ripple Drop - 11   
  15. Thanks
    Picard got a reaction from UmebaraY in Could this be Ripple's bug?   
    Thanks rippleJason for bringing this under the attention of us all and especially Ripple. Great work Nikb for fixing the problem. Awesome community is this
  16. Thanks
    Picard got a reaction from Hodor in The "Arbitrage Bot" and Other Fairy Tales   
    Wow two Hodor blogs for the priceof.......zero. Thanks man. Always enjoy reading your blogs.
  17. Thanks
    Picard reacted to Hodor in The "Arbitrage Bot" and Other Fairy Tales   
    Blog URL:Β  https://xrpcommunity.blog/the-arbitrage-bot-and-other-fairy-tales/
    This is the second part of today's double feature: An important warning about avoiding crypto scams!
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so!Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  18. Like
    Picard got a reaction from Hodor in Ripple's Entertainment Industry Takeover   
    Thanks a lot Hodor. I needed some positive reading.
  19. Thanks
    Picard reacted to Hodor in Ripple's Entertainment Industry Takeover   
    Blog URL:Β  https://xrpcommunity.blog/ripples-entertainment-industry-takeover/
    Part one of today's double-feature! Ripple is aiming for the intersection between entertainment and content monetization.
    π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: I explain why I recommend that XRP fans follow Scooter Braun, an entertainment industry icon.
    𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple invests $100 million in the monetization of gaming platforms, starting with an investment in Forte; and David Schwartz is interviewed by Sara Silverstein at the SXSW Conference.
    𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: Adrian Hope-Bailie announces the release of Rafiki, a new Interledger connector. Β 
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP Community 'breaks the internet' in an online poll; and Secalot and XRP Toolkit (RareData) work together to release a new hardware wallet.
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  20. Thanks
    Picard reacted to XRPLearner in Anyone else feels like XRP adoption is a now or never thing?   
    Ripple is changing the ecosystem of how money moves globally. XRP unlocks the ultimate bridging asset to move between currencies and eventually other types of assets. It's not now or never, its happening. It just takes time to change something so pivotal and important.
  21. Thanks
    Picard reacted to JoelKatz in Hi! I'm Bob   
    We certainly would never discourage anyone from using the XRPL's distributed exchange feature! I'm still a bit sad that our strategy lead us in a different direction and that we abandoned the nascent ecosystem we had been building. It was clear that the feature was way ahead of its time and there was no direct path to adoption then.
    I talk to Ethan (head of Xpring and pretty much everything at Ripple other than cross-currency payments) frequently about whether there are good use cases for the ledger's decentralized exchange now and whether that's something we can use Xpring to help develop. I have a plan that moves us in that direction that I've been working on and shown to several people inside the company. The problem I keep coming back to is that there isn't quite a great use case that I can see how to move to a product just yet. But getting more minds thinking in that direction might yield results and time has brought the rest of the world in this direction.
    The other thing that Arthur and I built into the ledger in the early days is community credit. That is, I think, even further ahead of its time and even harder to see a solid use case for in the near term. I sometimes feel like I work for Twitter in 2000Β and I'm trying to explain to everyone that for us to really grow, people need better phones. Of course, there was no Twitter in 2000 -- it was too early. I'm trying to find ways to make it later as quickly as possible.
  22. Thanks
    Picard reacted to Hodor in The Global Economy Needs Instant Value Transfer   
    Blog URL:Β  https://xrpcommunity.blog/the-global-economy-needs-instant-value-transfer/
    Β 
    The global economy wants - 𝙖𝙣𝙙 π™£π™šπ™šπ™™π™¨ - real-time payments! I cover this & the latest news impacting XRP in today's blog:
    π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Readers should strongly consider supporting Christine Lagarde, the current Managing Director of the IMF, as she champions serious debate of digital assets.
    𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple donates one million dollars to Tipping Point, a local San Francisco non-profit; And the first ILP Summit is announced.Β  Β 
    𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: Ben Sharafian peppers social media with some recent innovative Coil-related code snippets for developers to use.
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬:Β  A new version of XRP Validator software is formally announced after the end of the voting period; the XRP Community Fund announces a bounty for a WooCommerce plugin; A member of the Good Souls Group (XRP Charities) announces a fund-raising campaign & t-shirt raffle for Children on the Edge; Fidelity announces a soft rollout of their new institutional custody and crypto exchange platform; SBI re-targets this July for roll-out of their real-time trading on SBI VC; HuobiGlobal announces support for XRP in its OTC platform; and QB.com, a Hong Kong - based crypto exchange, announces support for XRP;
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so!Β 
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  23. Thanks
  24. Like
    Picard reacted to xrpmommy in Ripple at NBK ECOH 2019   
    Starts @ 3:20
    Β 
  25. Thanks
    Picard reacted to rippleJason in Could this be Ripple's bug?   
    It turns out you can set regular key to be the same account as yours.
    Steps to forever lockup your account
    1. AddressA set AddressB as regular key
    2. AddressA sets disable master
    3. AddressA sets AddressA as regular key
    So now AdressA's master key is disabled since step2 and its' regular key is also itself which has been disabled.
    I guess during the implementation of this function, there is no mechanism to check the address's account flag should not be set in order to be valid for regular key's role.
    For me, it's really difficult to understand, why would it be allowed to set the same wallet address to be your regular key? What would be the logical explanation for this?
    Β 
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