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Global businesses are starting to see the light when it comes to digital assets. This includes international economic organizations that realize the true economic potential of being able to move value across borders at the speed of information. In this blog, I profile a large cluster of news items about Ripple technology adoption. Last week was the week of Disrupt in San Francisco, and I break down the video of both Brad Garlinghouse and Michael Arrington onstage at the huge industry conference. There was also a very high-profile Forbes article that was recently released about the history of Ripple, specifically focusing on David Schwartz's role in creating XRP. Coil, Stefan Thomas's new company, released a video explaining web monetization. And the XRP Ledger just became even more decentralized. I also have some interesting information about more exchanges and retailers supporting XRP. I hope you enjoy the read! Please leave any feedback below. Feel free to share my blog with a friend in any way - or on any other platform you wish - and thank you for doing so! 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
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Questions and Answers from David Schwartz @JoelKatz about Ripple. 1. How does ripple/xrp contribute to the economic inclusion of the unbanked people around the world? https://www.quora.com/How-does-Ripple-Xrp-contribute-to-the-economic-inclusion-of-the-unbanked-people-around-the-world 2. If a bank uses its own token on the Ripple network vs XRP, will XRP play any type of role in this type of transaction? Will these transactions be exchanged into XRP at some point, or will XRP have nothing to do with it? https://www.quora.com/If-a-bank-uses-its-own-token-on-the-Ripple-network-vs-XRP-will-XRP-play-any-type-of-role-in-this-type-of-transaction-Will-these-transactions-be-exchanged-into-XRP-at-some-point-or-will-XRP-have-nothing-to-do-with-it 3. When will we know about the Ripple escrow lockup? https://www.quora.com/When-will-we-know-about-the-Ripple-escrow-lockup 4. Is Ripple actually available to individuals? https://www.quora.com/Is-Ripple-actually-available-to-individuals 5. How close are Ripple’s competitors, and how hard would it be for a FinTech startup to do the same thing ILP and XRP does? https://www.quora.com/How-close-are-Ripple’s-competitors-and-how-hard-would-it-be-for-a-FinTech-startup-to-do-the-same-thing-ILP-and-XRP-does 6. In your opinion, how many banks plan to utilize XRP once they sign on with your ledger? https://www.quora.com/In-your-opinion-how-many-banks-plan-to-utilize-XRP-once-they-sign-on-with-your-ledger 7. What is the convergence speed of Ripple's consensus protocol? https://www.quora.com/What-is-the-convergence-speed-of-Ripples-consensus-protocol 8. Why is it possible to lock the ripple XRP market? https://www.quora.com/Why-is-it-possible-to-lock-the-ripple-XRP-market 9. How is Ripple able to transact so much faster than Bitcoin and is there a possibility that it will slow down over time as the volume grows? https://www.quora.com/How-is-Ripple-able-to-transact-so-much-faster-than-Bitcoin-and-is-there-a-possibility-that-it-will-slow-down-over-time-as-the-volume-grows 10. After escrow is complete, won't pumping in 1 billion each month into supply make the XRP price drop? https://www.quora.com/After-escrow-is-complete-wont-pumping-in-1-billion-each-month-into-supply-make-the-XRP-price-drop 11. How would it be if Swift makes their own blockchain and runs exactly like Ripple? https://www.quora.com/How-would-it-be-if-Swift-makes-their-own-blockchain-and-runs-exactly-like-Ripple 12. What do Ripple enthusiasts and Ripple Labs employees think of Stellar? https://www.quora.com/What-do-Ripple-enthusiasts-and-Ripple-Labs-employees-think-of-Stellar 13. Ripple is Open Source. Why should banks use XRP instead of building their own private Ripple network? https://www.quora.com/Ripple-is-Open-Source-Why-should-banks-use-XRP-instead-of-building-their-own-private-Ripple-network
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As stated in my conversation, I noticed this change when I studied Ripple's progression. Confirmation is rewarding. Notice his use of "massively?" He has also said XRP price will go up massively when FIs start to source XRP. This is the plan. It would solve liquidity. all trials and PoCs up to this point have used "house money." As Dilip Rao has said, they are done with PoCs. Everyone knows it works now. My opinion is we will all know when they are about to go live. it will be a big event including multiple banks. The size of sourcing will be controlled, but still large compared to our retail purchases. This will squeeze supply and coupled with our frenzy, demand will go up "massively." HODL! This is all my opinion. do your own due diligence, Dont invest more than you can afford to lose. I could be wrong.
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This is how the blockchain should be used: http://sneakerbardetroit.com/major-reebok-phase-1-pro-usa-stars-and-stripes/ Although the bitcoin blockchain may be better for this than the Ethereum blockchain.
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- david schwartz
- joel katz
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