Takk Posted February 17, 2017 Share Posted February 17, 2017 (edited) Could the ripple system support an account which automatically converted any currency into xrp and paid out as any currency? The idea would be a universal checking account. You get a direct deposit from work, it becomes ripple. Travel anywhere and it becomes their currency at the till. Is this the service that every bank on the ripple network will eventually provide to their customers or is this another step altogether? In other words instead of creating a new universal currency and hoping everyone adopts it, can ripple make every currency universal? Edited February 21, 2017 by Takk Link to comment Share on other sites More sharing options...
Xi195 Posted February 17, 2017 Share Posted February 17, 2017 24 minutes ago, Takk said: Could the ripple system support an account which automatically converted any currency into xrp and payed out as any currency. Gatehub plans on having one this year with this functionality. For now it will rely on a central processor (Visa, Mastercard, etc). Also, I'm not sure what currencies will be supported. See this topic for more info: Takk 1 Link to comment Share on other sites More sharing options...
Takk Posted February 17, 2017 Author Share Posted February 17, 2017 Hahaha!! Link to comment Share on other sites More sharing options...
Takk Posted February 17, 2017 Author Share Posted February 17, 2017 So the idea is for xrp to become the grease on the gears of the world. Lol I don't know if 100,000,000,000 is enough to go around. I'm surprised that it's only able to go down to. 000001 xrp instead of .00000001 Link to comment Share on other sites More sharing options...
PlanK Posted February 17, 2017 Share Posted February 17, 2017 56 minutes ago, Takk said: Is this the service that every bank on the ripple network will eventually provide to their customers or is this another step altogether? This is my hope and actually my main reason for investing in XRP. I dream of a time when I can order a googlecab in any country in the world after a night on the beers and pay for it all with a swipe of my card. Takk 1 Link to comment Share on other sites More sharing options...
Graine Posted February 17, 2017 Share Posted February 17, 2017 There's a card already that allows deposit with xrp and converts to fiat at shapeshift's rates. Takk 1 Link to comment Share on other sites More sharing options...
GoGoGo Posted March 3, 2017 Share Posted March 3, 2017 Is this debit card the first one that can be funded with XRP? http://uquid.com/ripple-xrp-debit-card I have been checking the web and no other service of this kind seems to exist. Any reason why? Shouldn't Ripple be promoting such attempts for wider use (and ultimately more interest for XRP)? Link to comment Share on other sites More sharing options...
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