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Stellar and IBM

kevin.korbien

By kevin.korbien,
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fd67890
fd67890

I think it's good. Since Stellar is a fork of Ripple, whatever properties it has that makes IBM think it's a good option for payment rail should also apply to XRP. It also provided another data point/

BAX
BAX

"According to Lund, though, the banks use of Stellar’s digital currency is likely to be temporary. He predicts that, in the next year, central banks will begin issuing digital currencies of their own,

XRP200
XRP200

Ripple has 61 banks in Japan, which account for 80% of the value of the banking system, they have a growing network, they are opening up offices and expanding around the world, they worked with the Ba

fd67890

fd67890

Posted
Posted

I think it's good. Since Stellar is a fork of Ripple, whatever properties it has that makes IBM think it's a good option for payment rail should also apply to XRP. It also provided another data point/confirmation that there really does exist a market for this enterprise use case which can be fulfilled by Crypto.

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Isaiah53

Isaiah53

Posted
Posted
8 minutes ago, hesque said:

I think it's good. Since Stellar is a fork of Ripple, whatever properties it has that makes IBM think it's a good option for payment rail should also apply to XRP. It also provided another data point/confirmation that there really does exist a market for this enterprise use case which can be fulfilled by Crypto.

I agree! This does show the potential market for not only financial institutions, but global compan8es as well. Also, I’m sure many people here hold some XLM in addition to XRP. :D

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Guest

Guest

Posted
Posted

Every time I consider buying Stellar I thought:

  • it takes that dollar away from XRP my main bet
  •  Stellar is a pale imitation of the real thing with a unstable bloke at the head

Just shows how silly I can be when i think things through....   sigh....  :) 

PS.  I think ultimately XRP will be the best thing to have funds in....   but ....  sigh.....  

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fd67890

fd67890

Posted
Posted
7 minutes ago, Tinyaccount said:

Every time I consider buying Stellar I thought:

  • it takes that dollar away from XRP my main bet
  •  Stellar is a pale imitation of the real thing with a unstable bloke at the head

Just shows how silly I can be when i think things through....   sigh....  :) 

PS.  I think ultimately XRP will be the best thing to have funds in....   but ....  sigh.....  

Yeah, I redeemed my Lumens then lost access to it. It doesn't really matter to me because in my investment thinking, I'm all in XRP only.

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XRP200

XRP200

Posted
Posted

Ripple has 61 banks in Japan, which account for 80% of the value of the banking system, they have a growing network, they are opening up offices and expanding around the world, they worked with the Bank of England, they world with the Federal Reserve faster payments task force, they have Chris Larsen advising the IMF and HSBC, they announced the first commercial usage of XRP, one of the new clients they signed handles the payments for Uber and GoDaddy, they’re putting 55 billion XRP in escrow, they started a 300 million dollar incentive program, they have 15 billion dollars worth of XRP they can use to incentivize and grow the network, and I know I missed a lot of other things. I just don’t understand, because these things are huge, but most of the time it doesn’t seem like they matter to people. 

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Xrphunter

Xrphunter

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41 minutes ago, ThomasTheTGV said:

It surprises me because Stellar was/is focussing on nonprofits and businesses in the developing world. On the other hand they are testing Stellar and I assume they will probably test more/other paymentnetworks. I agree with @hesque about it being a good enterprise use case 

Really surprised me too, jed is not a fan of banks and suddenly he jumped to IBM....hmmmm, its all for the money. 

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