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I have some questions; First FI purchasing a large amount of XRP will be very fortunate if XRP is successful in the future. A purchase of 1b could be worth $ 529b if XRP would be worth $ 90 some day bought at the current rate of .17. Ripple´s customers know this. Could be an incentive for them to start using XRP before the competition does but there is some pressure as well. And banks can work well together, there isn´t fierce competition between them imo. If FI´s eventually buy XRP, would it be a consortium/coordinated purchase or will it be done individually or other...? Would it be legal to do so? And if so, would it be logical these processes are supported by governments and regulatory international entities? Is it possible there is some form of coordination between Ripple´s potential customers in relation to the purchase/usage of XRP? Thx
Reuters article this morning entitled 'U.S. Treasury considering all tools to stop North Korea financing: official'. If the US, in cooperation with its global finance partners, choose to "choke" digital currencies via all means available, isn't there a fair risk that this entire marketplace gets disrupted until the threat of Mr. Kim is mitigated? - conduct DDOS on major exchanges - disallow BTC transactions - put all currencies in "transfer pergatory" - pump false alts as honey pots for the N. Korean hacks - etc. etc. Does the possibility of specific global threats impact your investments? Does the possibility of certain global threats outweigh others for you, or do you simply "index them" and go hell-bent-for-leather, as it used to be said in the US of A? Your opinions, please. "Hello, is this the NSA? Got anything, anything really strong to throw at the crypto world for a few months? Oh, I should call Israel? Or Russia? Thanks. I think I'll have M5 do that for us."