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Found 11 results
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  1. Blog URL: https://coil.com/p/Hodor/David-Schwartz-and-Facebook-Coin-/UiNoDHA-J Curious about Facebook's new coin, Libra? I've collected David Schwartz's recent comments on it in my latest @coil blog! 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! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/xrp Reddit r/RippleTalk Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  2. 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. 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 are 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? 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. PART 2: Responses from other banks have ranged from nonchalant 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 call 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 screwed 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. 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. 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. Brad Garlinghouse has already made the statement that Ripple has has a "record week" due to the Libra Announcement: BOOM- 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. 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) Conclusion TLDR: Banks are hurting from the potential FED rate drop and crypto appears this week to banks as a way to cut costs. The financial transformation is on the horizon and is approaching fast! If your read all that, congratulations. You're amazing!
  3. Attention!! On facebook starting to appear new pages that insinuate to be Ripple and they "give free" XRP if you send some xrp to this address: rP8dSjwsmpCfmWqkzjSzC81o6XeURaJH52 . They ask you to send them some xrp just to see if your address is working so you can receive the free coins from them This is the facebook page insinuating that is Ripple: https://www.facebook.com/Ripplе-434553970659642/ and they will send you to this webpage https://telegra.ph/We-are-giving-away-2-000-000-Ripple-06-10 Also this guy has created this fb pages and commented on hes post that they did received a lot of free xrp: https://www.facebook.com/Leon-Beckett-572786399842052/ https://www.facebook.com/Keeran-Stephenson-778327829171583/ https://www.facebook.com/Daniel-L-Junior-709039446140090/ https://www.facebook.com/Justin-Moksnes-327892417995297/ https://www.facebook.com/Glenford-David-375029809902013/ The scam can be found in a comment on Ripple new picture update: https://www.facebook.com/ripplepay/photos/a.433595023420855/2256812361099103/?type=3&theater
  4. Dear all, Anyone has an idea where to invest in Facebook's new project called Globalcoin/Facebit/Project Libra? If nobody knows then please share your thoughts and information about the current state and possible outcome for investors. Will it be profitable? - One thing is for sure, crypto most likely will be appreciated more by the mass. Happy hunting. - Paramas
  5. I just discovered this. And since people in crypto probably don't like sharing information from their phones without knowing ( I sure don't), I thought I should put this up here: It seems like Facebook is using the newly rolled out "Protect" feature to monitor your traffic. If you enable the feature, Facebook routes all your traffic through their vpn, thus knowing which apps you use and when. Sources: https://malwaretips.com/threads/facebook’s-onavo-protect-vpn-is-designed-to-invade-your-privacy.79867/ https://www.jwz.org/blog/2018/02/facebook-now-protecting-you-by-installing-literal-spyware-on-your-phone/ https://www.smarthphonechoise.com/2018/02/facebook-uses-his-free-vpn-to-spy-on-you/ If someone can identify this story as a hoax, please do so! I would welcome that.
  6. D.Marcus was previously president of PayPal, early investor in Bitcoin, recently joined Coinbase’s board. He’s been leading Messenger at Facebook, recently introducing P2P payments. Such a senior VP wouldn’t leave his current leading role at Messenger unless there were big plans for blockchain, and Marcus experience in finance probably hint a move into blockchain-secured payments. Given FB’s current global scale I’m sure relying on XRP for payments could be a win-win situation for both FB-Ripple. Happy to get your thoughts! Other pieces of information seem to support this possibility: **AMEX CEO joins Facebook board** Amex is already a Ripple partner **Ecobank partners Facebook**
  7. Mark Zuckerburg recently stated that for this year he will plan to study crypto so to find an intelligent and beneficial way to integrate it into his platform by the end of the year. I would imagine one of two things will happen with this: FB will create their own ICO maybe base from Ripple or ETH FB will integrate one of the top 3 (NOT BTC) I say not BTC becuase it is tooooooo expensive to transfer and it is too slow. So I am going to assume that he would be looking at Ripple chains, maybe using XRP as a token, Stellar Lumen, or Ethereum. Either one of these tree are going to get a huge bump in price upon this announcement, or an ICO will as least pump super big before any correction. I am not an investment Jedi, but I see and opportunity to position ourselves into these top three in case of such an announcement or to be on the lookout for a FB ICO. @teddybear http://mashable.com/2018/01/05/facebook-cryptocurrency/#EyAjIarsBmqJ
  8. Ask yourself what can YOU do to drive the price of XRP UP and profit from this boom. In my own small way, I have been both contributing within XRPChat and also posting on Twitter and Facebook to all my friends in the USA, Eastern Europe and Japan. Everyone you share with will tell others too, this causes a [Pardon the Pun] Ripple effect to thousands of others in a very short time, helping more people to make the decision to invest. Think what can you yourself do ! Every little helps.
  9. My latest blog entry talks about the W3C working group for payment requests, along with some interesting XRP wallet statistics and SWELL. There's been some crypto buzz around the "payment request" standard for browsers; I discuss this a bit and then talk about some XRP wallet statistics recently published by some XRP developers on Twitter; I think the numbers are fascinating. Let me know what you think, and please feel free to share my blog on other media. My blog announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  10. Despite all the hype, is blockchain tech really being adopted and used by businesses? I talk about adoption challenges and how Ripple continues to lead the pack in my latest blog. Ripple is one of the only fintechs that actually has a blockchain in production being used by banks; it's way ahead of the curve on this one! Let me know your feedback below, and as always, feel free to share my blog with others! My announcements on other media: Twitter Reddit Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  11. I haven't logged into my Facebook account for a very long time and I found myself using it about once a month or less ... I find it to be something that I don't like anymore, there is so much better way to communicate with people and because of my inactivity whenever I post something perhaps only 1 person reacts/responds, so it's a total waste, do you also feel this way about Facebook?
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