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I started reading about COMIT¹ and noticed an interesting quote: This prediction was made in 2015. So, just for fun, let's extrapolate a little. Right now the GWP (Gross World Product) is at $74T in nominal terms² and it's grown by 4% a year for the past 10 years.³ So, looking 10 years into the future at 4% growth per year, we arrive at $74T * (1.04^10) = $110T. All cryptocurrencies are now worth more than $100B.⁴ At the time of writing, XRP is worth ~$0.27 per coin, or $27B in total if you count all 100B coins. If you count only the 38B coins in circulation right n
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Sharing my findings as I couldn't find them all at xrpchat. There is some good stuff happening (in my opinion) regarding the progress towards real blockchain adoption in general (which I assume is profitable for XRP usecase adoption too). First let's again view what a survey by WEF World Economic Forum with "over 800 executives and experts from the information and communications technology sector" says: From Ripple insight: Original PDF by WEF Ripple Insight regarding this survey Of course this is an averaged estamation based on the responses and the survey was d
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- blockchain
- adoption
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http://fortune.com/2018/01/30/bitcoin-cryptocurrency-blockchain-technology-price-falling-crashing/ An article based on Discussions from Davos and the World Economic Forum indicates a Crypto split into two tribes the "Monetary Renegades" (bitcoin backers) and "Transaction Settlers" what I think Ripple represents. The author thinks the "Settlers" are gaining the upper hand.
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I know this is old but it got my attention when Ripple co-founder Chris Larsen was mentioned as contributing subject matter experts on WEF http://www3.weforum.org/docs/Beyond_Fintech_-_A_Pragmatic_Assessment_of_Disruptive_Potential_in_Financial_Services.pdf?utm_content=buffer03356&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
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- chris larsen
- ripple
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https://www.weforum.org/agenda/2017/09/banks-are-finally-starting-to-adopt-cryptocurrencies