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Takk

Could someone create a ripple FX debit card?

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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 by Takk

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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:

 

 

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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

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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.

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