IBM’s Head of Blockchain Says Bitcoin Will Hit $1 Million, Teases Support for XRP and BTC

[Guest]

https://dailyhodl.com/2019/02/21/ibms-head-of-blockchain-says-bitcoin-will-hit-1-million-teases-support-for-xrp-and-btc/

 

Looks like IBM's world wire isn't joined at the hip to stellar after all. Maybe this is just lip service or a subtle way of saying it won't cut the mustard when the rubber meets the road.

[Guest]

I'll preface with I've been drinking, but I personally don't give a **** what good news is out there or who supports XRP. We could be named the new world currency for all I care, but as long as we're being manipulated into 30 cents it doesn't really matter to me. I'm in this for the money. 

[Guest]

Just now, BiffTannen said:

I'll preface with I've been drinking, but I personally don't give a **** what good news is out there or who supports XRP. We could be named the new world currency for all I care, but as long as we're being manipulated into 30 cents it doesn't really matter to me. I'm in this for the money. 

I'm a miserable person right now so ignore me

[Guest]

1 hour ago, BiffTannen said:

I'm a miserable person right now so ignore me

A little Narcan to ease your ills??

[Phintech]

The only thing I see with bitcoin in the millions is the power bill.

[WuWei]

What a shout out to Ripple and xrp!  This suggests that they're realizing that xrp is probably going to win this race, and they're ready and willing to fit it into their system.   

[Archbob]

"“It could be Ripple, it could be XRP even. It could be Bitcoin. But it would also probably include other instruments, like stablecoins, and even eventually soon, hopefully, central bank-issued digital currencies.”

Worldwire is designed to be able to use any cryptocurrencies or currencies, but it defaults to XLM. IBM I think is planning their own stablecoin as well as CBDC's as well as Lumens to be the most commonly used is what I believe. Heck, Iran already debuted their national crypto on the Lumens protocol. That is part of the plan I think since all coins debuted on the Stellar network and by default paired up with XLM. But yes, it is(or at least will be) a possibility to use XRP.

Edited February 22, 2019 by Archbob

[Phintech]

21 minutes ago, Archbob said:

"“It could be Ripple, it could be XRP even. It could be Bitcoin. But it would also probably include other instruments, like stablecoins, and even eventually soon, hopefully, central bank-issued digital currencies.”

Worldwire is designed to be able to use any cryptocurrencies or currencies, but it defaults to XLM. IBM I think is planning their own stablecoin as well as CBDC's as well as Lumens to be the most commonly used is what I believe. Heck, Iran already debuted their national crypto on the Lumens protocol. That is part of the plan I think since all coins debuted on the Stellar network and by default paired up with XLM. But yes, it is(or at least will be) a possibility to use XRP.

Liquidity wins this race and XLM will NEVER be as liquid as xrp or bitcoin.  IBM chose poorly.

[Archbob]

They can build the liquidity, especially if more CBDC and National Cryptos debut on the Stellar Network. Each default pairing with XLM gives it more liquidity. Also, I actually think IBM's main plan was just to use the CBDC's themselves or stablecoins. They didn't really seem to be all "we're using lumens" either, always mentioning stablecoins.

Edited February 22, 2019 by Archbob

[xrpmeplease]

2 hours ago, BiffTannen said:

I'm a miserable person right now so ignore me

you've said too much

[xrpmeplease]

At present, more crypto liquidity is a positive, period. Gotta actually get in the game before you can win it. I chose XRP for the team...and im patient.

[Archbob]

I believe there will be several big players in this field eventually, XRP being one of them, but I don't expect one of them to completely dominate.

[Phintech]

1 minute ago, Archbob said:

I believe there will be several big players in this field eventually, XRP being one of them, but I don't expect one of them to completely dominate.

For sure.  But I can guarantee that will NOT be any project led by Jed.  Bank on that.

[Archbob]

1 minute ago, Phintech said:

For sure.  But I can guarantee that will NOT be any project led by Jed.  Bank on that.

I wouldn't be so sure on that, especially when IBM, not Jed,  is backing it.

[Phintech]

1 minute ago, Archbob said:

I wouldn't be so sure on that, especially when IBM, not Jed,  is backing it.

I’ve seen how IBM works, first hand.  It’s a clunky, slow rolling disaster of a company, surviving off of legacy.  I’m not concerned at all, no matter their reputation.