Ripple Client

[meeekz]

What is the safest way to store XRP for long term 2-5 years?  Does a desktop client exist with no KYC requirement?

[PunishmentOfLuxury]

https://www.xrpchat.com/links/

Desktop Wallets section

[Hodor]

So this got me thinking....

Why has no venture really taken wings regarding using XRP for Person-to-person or person-to-business settlement? 

The answer ordinarily given is that Ripple (the company) is headed in the bank-to-bank settlement direction with RCL.  But to me, that's like saying "we won't try anything else with Bitcoin because a company that uses Bitcoin decided to use it only for... "x".  That would immediately not make sense to us.  So why does it make sense with XRP?  The desktop wallet has been created by the community - why isn't XRP used more for consumers?   Here is one link that popped up where one individual lists his XRP address and asks for donations - I'd like to see this a bit more:

http://androidlord.info/palm-size-pico-hd-projector-for-movies-mirroring-iphone-android-review/

In the into section, he says "help me buy a cup of coffee", and that's were I kind of snickered, because we all know that you can do that with BTC, but not with XRP in most cases.  I'd like to see that change. 

Edited December 15, 2016 by Hodor

[meeekz]

I like that Ripple is focused on the Banks. This is a huge undertaking from a technical adoption, regulatory and competitive perspective (overtaking Swift). I like Stellar for the consumer play. They are clearly focused on partnering with lightning networks (already in place) that can reach millions of consumers.  Both are rooted in Ripple protocol and both have the cross-over ability. It will be interesting going forward.

[Remi7]

@Hodor Ripple veered away from the consumer due to things like what's happening with coinbase and BTC, terrorists using certain currencies who can't access US dollars because of blacklist...Ripple facilitated a $250k transaction with a known terrorist and came the Government...they cut a deal...this means no more "Coinbase" dilemmas for XRP...

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[Remi7]

http://www.forbes.com/sites/katevinton/2015/05/05/virtual-currency-startup-fined-700000-for-violating-bank-secrecy-act/#79c9b1258807

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[Remi7]

that was Ripple...

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[RafOlP]

Hi, I work at Rippex, a brazilian gateway, I use our wallet because it allows offline storage, offline signing for online submission of transactions, issuing and revoking regular keys, etc.
https://rippex.net/carteira-ripple-eng.php#/

I also recommend you to read this thread:

 

[meeekz]

Thanks @Raf01P Great thread on cold wallets. very helpful.

[Hodor]

7 hours ago, Remi7 said:

@Hodor Ripple veered away from the consumer due to things like what's happening with coinbase and BTC

Meh....

This is apples and oranges, I think (two completely different things).  Ripple was fined for not directly supporting KYC, because one of it's subsidiaries was selling XRP without the proper background checking and paperwork.  Ripple has addressed this.   

My point is, can't somebody else step into a role where they accept XRP as payment from a consumer?  What's stopping them?  That's an example of person-to-business or person-to-person settlement.  How would Ripple the company be in trouble for something like that? 

Oh, and just so there's no doubt - I'm a Huuuuuuuge fan of Ripple the company, and their strategy is right on the money in all respects.  My suggestion has to do with the larger XRP ecosystem and usage of RCL. 

[Malloy]

7 hours ago, meeekz said:

Thanks @Raf01P Great thread on cold wallets. very helpful.

I use Rippex wallet, simple and solid....based on the original Ripple Wallet (open source).

[Remi7]

@Hodor You can always buy jet fuel with XRP...lol...the consumer will utilize the Ripple network and not even know..

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[Hodor]

2 hours ago, Remi7 said:

You can always buy jet fuel with XRP...lol.

Yes, I know - that was an interesting publicity op, but I won't be satisfied until I can purchase a coffee with my XRP at Starbucks!  (cue the next poster telling me that actually I might use XRP behind the scenes if I purchase coffee in France with my American dollars...   )

My basic point was, why not XRP directly?  It is a token used behind the scenes, but it could also be used for direct peer-to-peer settlement, just as well (if not better than) BTC. 

[Deleted]

6 hours ago, Hodor said:

Yes, I know - that was an interesting publicity op, but I won't be satisfied until I can purchase a coffee with my XRP at Starbucks!  (cue the next poster telling me that actually I might use XRP behind the scenes if I purchase coffee in France with my American dollars...   )

My basic point was, why not XRP directly?  It is a token used behind the scenes, but it could also be used for direct peer-to-peer settlement, just as well (if not better than) BTC. 

I tried to ask the same question during the Larsen's Quora session. And this question got some "upvotes" - it was at the top the list. But for some reason he ignored it. And I'm interested: he did it, because it will never happen, or because Ripple has some plans, but not ready to talk about it?

Edited December 16, 2016 by MrX

[Hodor]

2 hours ago, MrX said:

Larsen's Quora session

Hey, does anybody have a copy/transcript of this?  I couldn't attend at the time.