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MoneyGram and Uber Launch Partnership

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1 hour ago, LetHerRip said:

nor is XRP used in the partnership of Moneygram

Do you mean not used for a significant portion of MGI volume?

From Aug 2, 2019: MoneyGram CEO Alex Holmes said, on its quarterly earnings call, that MoneyGram had been making transactions on the xRapid platform as of last week.

 

 

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2 hours ago, LetHerRip said:

Too many people here connecting imaginary dots and partnerships that don't exist. Ill just stick to facts.


That’s generally a good policy.  But there are situations it is not sufficient to convey the full situation.

Imagine asking about a local hardware store...   is there one?  
 

Let’s assume not, but there is a vacant lot with a sign up saying there will be one.  Fact is:  no local hardware store.
Then the builders move in and start constructing it.    Fact is:  no local hardware store.
Then the building is complete and the fit-out begins.    Fact is:  no local hardware store. 
But maybe at some point it’s legit to say that there will be.  

 

Same thing is happening here...  things are being built.  You are correct in what you say,   but are you correct in conveying the situation?

Here are some facts.

Moneygram want to use more XRP but are limited by liquidity that is slowly growing.

Uber drivers have access to Moneygram at cheaper prices.

Many Uber drivers remit money to the targeted corridors ODL is growing in.

 

So flat out saying “nothing to do with XRP” might be presently true,  but also might not be actually conveying the full situation.

Certainly it is not a stretch to think that XRP might soon be used in a percentage of these Uber driver remittances.  (Currently north of ten percent for Mexico)

I‘m not saying you are wrong...   but am saying sometimes saying a ‘fact’ is only part of the story.

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1 hour ago, Dogowner5 said:


Esa es generalmente una buena política. Pero hay situaciones en las que no es suficiente transmitir la situación completa.

Imagínese preguntando por una ferretería local ... ¿hay alguna?  
 

Supongamos que no, pero hay un lote vacante con un registro que dice que habrá uno. El hecho es: no hay ferretería local.
Luego los constructores se mudan y comienzan a construirlo. El hecho es: no hay ferretería local.
Luego se completa el edificio y comienza el acondicionamiento. El hecho es: no hay ferretería local. 
Pero tal vez en algún momento sea legítimo decir que lo habrá.  

 

Aquí está sucediendo lo mismo ... se están construyendo cosas. Tienes razón en lo que dices, pero ¿estás en lo correcto al transmitir la situación?

Aquí hay algunos hechos.

Moneygram quiere usar más XRP pero está limitado por la liquidez que crece lentamente.

Los conductores de Uber tienen acceso a Moneygram a precios más baratos.

Muchos conductores de Uber remiten dinero a los corredores específicos en los que está creciendo ODL.

 

Por lo tanto, decir "nada que ver con XRP" podría ser cierto en la actualidad, pero también podría no estar transmitiendo la situación completa.

Ciertamente, no es exagerado pensar que XRP podría usarse pronto en un porcentaje de estas remesas de conductores de Uber. (Actualmente al norte del diez por ciento para México)

No digo que estés equivocado ... pero a veces digo que un "hecho" es solo una parte de la historia.

excellent answer .... I would like 1000!

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9 hours ago, Dogowner5 said:

Certainly it is not a stretch to think that XRP might soon be used in a percentage of these Uber driver remittances.  (Currently north of ten percent for Mexico)

I‘m not saying you are wrong...   but am saying sometimes saying a ‘fact’ is only part of the story.

The potential is there I agree, but there where a bunch of users talking like this is already happening or guaranteed to happen which is indeed false.

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Just now, LetHerRip said:

The potential is there I agree, but there where a bunch of users talking like this is already happening or guaranteed to happen which is indeed false.

That is true for sure.  None of this is certain and hence the risk.  In fact risk and return are always correlated.

So in my hardware store example,  the risk of it not happening is highest when it’s just vacant land.  If you were somehow investing in it then,  at that point the shares would be cheap...  high risk, high possible return.

By the time the “Open Saturday” sign is put out the risk is small and the return from an investment at that point also is also small.

Where exactly we are with XRP and the risk return situation is not at all clear.  Hopefully we are still at the cheap end and not at the top end.   :) 

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13 minutes ago, Dogowner5 said:

That is true for sure.  None of this is certain and hence the risk.  In fact risk and return are always correlated.

So in my hardware store example,  the risk of it not happening is highest when it’s just vacant land.  If you were somehow investing in it then,  at that point the shares would be cheap...  high risk, high possible return.

By the time the “Open Saturday” sign is put out the risk is small and the return from an investment at that point also is also small.

Where exactly we are with XRP and the risk return situation is not at all clear.  Hopefully we are still at the cheap end and not at the top end.   :) 

It is that flywheel analogy, at first you have to put in a lot of energy to get the thing spinning.  Once it is spinning the machine is purring and gathering speed. 

 

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16 minutes ago, Julian_Williams said:

It is that flywheel analogy, at first you have to put in a lot of energy to get the thing spinning.  Once it is spinning the machine is purring and gathering speed. 

 

So how long till we get a huge hardware store with a giant spinning flywheel??   
 

Wen moon?   :) 

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Posted (edited)
29 minutes ago, Dogowner5 said:

So how long till we get a huge hardware store with a giant spinning flywheel??   
 

Wen moon?   :) 

Nobody knows and nobody can sensibly predict, because it is a human behaviour thing that will send the price sky rocketing.  The price will go up as more and more people believe the project cannot fail and will be a money spinner.

Edited by Julian_Williams

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