Bejzbox Posted February 21, 2017 Share Posted February 21, 2017 Up for discussion. - http://money.cnn.com/2017/02/21/technology/transferwise-facebook-money-transfer/ If not in right forum, feel free to move this.. tch0 1 Link to comment Share on other sites More sharing options...
Professor Hantzen Posted February 22, 2017 Share Posted February 22, 2017 4 hours ago, BTR said: In the chatbox someone said that transferwise uses earthport which is using ripple, and from what I remember, xrp is being used by earthport. if so, the stars are aligning. this will bring immense awareness to the capabilities of ripple. If true, that's so cool! I use transferwise and had no idea, it's a fantastic service for sending fiat around the world. Link to comment Share on other sites More sharing options...
Guest Posted February 22, 2017 Share Posted February 22, 2017 4 hours ago, BTR said: In the chatbox someone said that transferwise uses earthport which is using ripple, and from what I remember, xrp is being used by earthport. if so, the stars are aligning. this will bring immense awareness to the capabilities of ripple. Earthport does use Ripple for some things, but also uses tons of other stuff. XRP afaik isn't part of the process at all (and won't be for the foreseeable). So there's really no connection. The problem is, everyone here's invested in zerp, so naturally we want to connect dots that aren't there. It's the same for any echo chamber, it's tough to see outside. Link to comment Share on other sites More sharing options...
MundoXRP Posted February 22, 2017 Share Posted February 22, 2017 27 minutes ago, zerpdigger said: Earthport does use Ripple for some things, but also uses tons of other stuff. XRP afaik isn't part of the process at all (and won't be for the foreseeable). So there's really no connection. The problem is, everyone here's invested in zerp, so naturally we want to connect dots that aren't there. It's the same for any echo chamber, it's tough to see outside. So transferwise uses earthport, and earthport uses ripple. Even if no visible connection can be seen today, it's a much smaller bridge to cross at a later date. Not to mention all the other remittance companies that earthport services today can potentially also be part of the ripple family one day: Japan Post Bank, Transferwise, Xoom, CurrencyFaire, Stripe, Azimo, Worldremit, AftabCurrency, etc... http://www.earthport.com/why-earthport/clients/ xrp noob 1 Link to comment Share on other sites More sharing options...
Haraldo Posted February 22, 2017 Share Posted February 22, 2017 (edited) As the man himself said "2017 will mark a sea change in XRP's use and adoption", if the dawn is really coming and if it will be brilliant this or something very similar to it can't be too far off. H Edited February 22, 2017 by Haraldo Link to comment Share on other sites More sharing options...
tulo Posted February 23, 2017 Share Posted February 23, 2017 Transferwise doesn't use Earthport and Earthport doesn't use Ripple....let's be realistic. Transferwise made a huge work for international payment and it is an awesome idea. It would be even better if implemented on Ripple, because at the end it is a private ledger, where user can put offers in the books, and then local bank complete the settlement...it would be almost zero effort to implement on Ripple, with the advantage soon to be ILP enabled, hence with the advantage of sending crypto for FIAT and vice versa. Link to comment Share on other sites More sharing options...
Guest Posted February 23, 2017 Share Posted February 23, 2017 (edited) 31 minutes ago, tulo said: Transferwise doesn't use Earthport and Earthport doesn't use Ripple....let's be realistic. Transferwise made a huge work for international payment and it is an awesome idea. It would be even better if implemented on Ripple, because at the end it is a private ledger, where user can put offers in the books, and then local bank complete the settlement...it would be almost zero effort to implement on Ripple, with the advantage soon to be ILP enabled, hence with the advantage of sending crypto for FIAT and vice versa. You are saying it would be better if implemented on Ripple and would take almost zero effort. Yet, them not using Ripple, and sticking to their own low tech, is the realistic option? That would make them vulnarable to competitors that do use the better tech, with almost zero effort. Edited February 23, 2017 by Guest Link to comment Share on other sites More sharing options...
kanaas Posted February 23, 2017 Share Posted February 23, 2017 42 minutes ago, tulo said: it would be almost zero effort to implement on Ripple, with the advantage soon to be ILP enabled, hence with the advantage of sending crypto for FIAT and vice versa. You forget one important hanging issue. FX liquidity. It's the most important missing piece to get ILP and RCL running. Without liquidity, RCL is useless. Try for instance to trade some EUR.Gatehub for USD.Gatehub... If you can do that AND fast AND for a decent amount AND for a correct rate, you got to be a very lucky man ... See what I mean? Earthport or Transferwise just cannot use an illiquid FX market. Simple as that. Liquidity, liquidity, liquidity ...... the ever lasting problem Ripple seems not being able to find a solution for. Hopefully @miguel will. You got to have your hopes on him. Once liquidity is being bootstrapped, usage will serve for more ... and after that .... the sky (and RCL scaling) is the limit .... will4star and Global 2 Link to comment Share on other sites More sharing options...
will4star Posted February 23, 2017 Share Posted February 23, 2017 4 minutes ago, kanaas said: You forget one important hanging issue. FX liquidity. It's the most important missing piece to get ILP and RCL running. Without liquidity, RCL is useless. Try for instance to trade some EUR.Gatehub for USD.Gatehub... If you can do that AND fast AND for a decent amount AND for a correct rate, you got to be a very lucky man ... See what I mean? Earthport or Transferwise just cannot use an illiquid FX market. Simple as that. Liquidity, liquidity, liquidity ...... the ever lasting problem Ripple seems not being able to find a solution for. Hopefully @miguel will. You got to have your hopes on him. Once liquidity is being bootstrapped, usage will serve for more ... and after that .... the sky (and RCL scaling) is the limit .... And that's the thing. If miguel et al. can get institutions to buy XRP then they will, naturally, be invested in making liquidity improve and thus, ultimately, the value o their investment. The trick is helping them see they are themselves partly responsible for making it work. If they believe in it as much as some in ripple do, then I find it much easier to see it succeeding in the long term. Link to comment Share on other sites More sharing options...
will4star Posted February 23, 2017 Share Posted February 23, 2017 (edited) On a related note, someone asked in the zerpbox yesterday if transferwise was partnering with Ripple, to which @JoelKatz responded 'I cannot comment on partnerships that have not been officially disclosed'. (or similar) So - is it a partnership that hasn't been officially disclosed? If it isn't a 'partnership that hasn't been officially disclosed', then couldn't he surely comment on it? Alternatively, if it isn't a partnership that hasn't been officially disclosed, it might not be a partnership at all.... I guess what he meant was that if it's anything pertaining to partnerships of any kind that aren't among those announced yet, he doesn't have the authority to comment on it, which is fair enough.... But STILL!! Edited February 23, 2017 by will4star Link to comment Share on other sites More sharing options...
JoelKatz Posted February 23, 2017 Share Posted February 23, 2017 It was definitely a Glomar response. What I meant was that if there was such a partnership, it wasn't a disclosed partnership. So I couldn't comment on the partnership if there was one. Sapitoka, faz and LetHerRip 3 Link to comment Share on other sites More sharing options...
kanaas Posted February 23, 2017 Share Posted February 23, 2017 2 hours ago, JoelKatz said: It was definitely a Glomar response. What I meant was that if there was such a partnership, it wasn't a disclosed partnership. So I couldn't comment on the partnership if there was one. But you still can comment on those partnership that ARE disclosed. Like for instance Earthport and how in their case Ripple is or isn't involved in bootstrapping liquidity? Is it that MM's are/were waiting on the outcome of issues/solutions like min.ticksize, suspay, cryptoconditions or other ILP related, .... whatever might be in the pipeline. It would be interesting for those following Ripple to know where to look for the real reasons why not sooner going forward... Are they technical? Are they market perception? Are they regulation related? .... Don't you think Ripple lovers who are looking from the outside might be standing to much in the dark right now? To be clear: it's not just about XRP investors, I'm talking about the entire Ripple community - including those wanting to build businesses on top of it. Even some like Gatehub, with all their support, must have a hard time to keep their sheets not to ugly.... not to speak about the even more tiny ones with good ideas... Link to comment Share on other sites More sharing options...
tulo Posted February 23, 2017 Share Posted February 23, 2017 11 hours ago, kanaas said: You forget one important hanging issue. FX liquidity. It's the most important missing piece to get ILP and RCL running. Without liquidity, RCL is useless. Try for instance to trade some EUR.Gatehub for USD.Gatehub... If you can do that AND fast AND for a decent amount AND for a correct rate, you got to be a very lucky man ... See what I mean? Earthport or Transferwise just cannot use an illiquid FX market. Simple as that. Liquidity, liquidity, liquidity ...... the ever lasting problem Ripple seems not being able to find a solution for. Hopefully @miguel will. You got to have your hopes on him. Once liquidity is being bootstrapped, usage will serve for more ... and after that .... the sky (and RCL scaling) is the limit .... How did transferwise managed to get the liquidity? Let's copy them... Link to comment Share on other sites More sharing options...
Malloy Posted February 24, 2017 Share Posted February 24, 2017 15 hours ago, will4star said: On a related note, someone asked in the zerpbox yesterday if transferwise was partnering with Ripple, to which @JoelKatz responded 'I cannot comment on partnerships that have not been officially disclosed'. (or similar) So - is it a partnership that hasn't been officially disclosed? If it isn't a 'partnership that hasn't been officially disclosed', then couldn't he surely comment on it? Alternatively, if it isn't a partnership that hasn't been officially disclosed, it might not be a partnership at all.... I guess what he meant was that if it's anything pertaining to partnerships of any kind that aren't among those announced yet, he doesn't have the authority to comment on it, which is fair enough.... But STILL!! We could ask for an official reply from Ripple that they are not...if they don't deny it, we can speculate. Link to comment Share on other sites More sharing options...
Guest Posted February 25, 2017 Share Posted February 25, 2017 4 hours ago, BTR said: This is how Ripple succeeds - You will have 'no idea' just like when my gf "borrows" my credit card these expensive things just show up around the house -- like magic! Link to comment Share on other sites More sharing options...
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