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According to IMF's Global Financial Stability Report: A Bumpy Road Ahead XRP is the least dependent on BTC compared to Monero, Ethereum and Litecoin. See added image and the full report can be found here. http://www.imf.org/en/Publications/GFSR/Issues/2018/04/02/Global-Financial-Stability-Report-April-2018 There are a number of interesting topics they address, but I haven't had the time to go through it all. If someone wants a break from staring at the prices, be my guest and go find so more interesting stuff
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Major events: Slides 11-25 Ripple overview: Slide 24 Market perspectives: Slides 46-59
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Hello all, This afternoon I found a publication by the IMF regarding virtual currencies. I know it's a bit outdated (January 2016), but I still think it's very interesting and I thought it would be worth to share with you guys. Any thoughts or comments on this are welcome. The publication is free to download in PDF format: http://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/virtual-currencies-and-beyond-initial-considerations-43618 Summary: New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are among these. VCs offer many potential benefits, but also considerable risks. VCs could raise efficiency and in the long run strengthen financial inclusion. At the same time, VCs could be potential vehicles for money laundering, terrorist financing, tax evasion and fraud. While risks to the conduct of monetary policy seem less likely to arise at this stage given the very small scale of VCs, risks to financial stability may eventually emerge as the new technologies become more widely used. National authorities have begun to address these challenges and will need to calibrate regulation in a manner that appropriately addresses the risks without stifling innovation. As experience is gained, international standards and best practices could be considered to provide guidance on the most appropriate regulatory responses in different fields, thereby promoting harmonization and cooperation across jurisdictions.
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How many of you would like to see a meaningful quarterly progress report on Ripple and XRP? What would you like to see included in the report? I would like a list of all ripple employees who are helping various regulatory bodies and their positions within them. How many nodes/gateways there are to date and how many the quarter gained or lost. How many banks are signed up, their names, and the degree of integration and use of XRP. New 3rd party work such as bitgo wallet and what services the average consumer can use right now and through whom. What ways it is compliant or not with each countries regulations which might help or hurt adoption. Who has donated to the funding rounds. Where can you purchase it. Which exchanges trade it.
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Blockchain Will Revolutionize Capital Markets Beginning 2016
Guest posted a topic in General Discussion
https://www.cryptocoinsnews.com/block-chain-will-revolutionize-capital-markets-beginning-2016/ "The TABB Group's 21-page report includes information on block chain technology features, five use cases, announcements from large banks, snap shots of six block chain startups: Symbiont, R3, Chain,Ripple, Digital Asset and Hedgy". I for one did not like how RIPPLE was written with such transparent and hardly visible letters Have Ripple ever referred to themselves as a "blockchain startup"? Is it correct to consider them as such?
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