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FreedomGundam

What is the best solution that Ripple must take?

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39 minutes ago, iLeeT said:

1. Remove anyone that is/was involved with Xpring - stop giving away XRP to projects and people that don't have anything to do with XRPL, rather focus the investment towards people like Wietse that are willing to build on top of XRPL. 

2. Remove Brad from the CEO position. 

3. Make ODL more scalable - don't focus on shady crypto exchanges in order to transfer money back and forth as this won't scale e. g. with the current model if they want to open a corridor in Africa they'd have to wait for a proper exchange to be in place. Better to think of another design - perhaps a pool of liquidity or Ripple can start opening up exchanges in exotic countries or at least serve as a liquidity provider. 

4. Stop OTC and open market selling until the trust of retail speculators has been somewhat regained. 

5. Be more transparent with how much XRP are being sold - not only from OTC and open market sales, but from Xpring i. e. what are the conditions around selling XRP, especially when it comes to Coil's 1B XRP. Also things like - how much people like Jed, Chris Larsen are selling on a daily basis. 

Obviously, none of those will happen :)

Vote this comments guys, if you like it.

I think we desperately need all of this item.

except

"Obviously, none of those will happen" :D

 

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Same o same o... burn half of supply (no company will ever destroy something or worth, if Ripple burns the escrow sell your bags ASAP because it will be admission of failure), remove Brad (holding XRP does not make us Ripple shareholders), I FOMOed back in 2018 and I blame the forum (no it your fault buddy, if you take investment advice based on an anonymous internet forum you have yourself to blame) etc Don't you people ever get tired whining?  

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7 hours ago, FreedomGundam said:

I have a same thought like you, I already told them several time via xrpchat or twitter. This is the best way, burn 50bio xrp. When the supply going down, the price will take off.

No it won’t.  That would achieve nothing other than signal abject failure from Ripple.

Stellar did exactly what you propose and achieved exactly nothing.  It’s a simplistic solution that has been proven not to work.

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6 hours ago, Lamberth said:

Best solution for a good guy from Ripple would be not to waste their time reading this thread (as I just did) and to focus on something positive/meaningful instead.

Exactly!!! I swear, XRPChat has been attracting idiots lately!! I've had to Ignore quite a few of them over the past several weeks.

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If you won't xrp to grow. Build something that uses xrp. Start up a small money transfer company to help locally. I've considered opening up one up for usd to mxn transactions.

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2 hours ago, Dogowner5 said:

No it won’t.  That would achieve nothing other than signal abject failure from Ripple.

Stellar did exactly what you propose and achieved exactly nothing.  It’s a simplistic solution that has been proven not to work.

Good,

Thanks for your comment

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1 hour ago, King34Maine said:

Exactly!!! I swear, XRPChat has been attracting idiots lately!! I've had to Ignore quite a few of them over the past several weeks.

Well, idiot coin attract idiot person :). Smart coin attract smart person. That's the rule.

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32 minutes ago, peanut56 said:

If you won't xrp to grow. Build something that uses xrp. Start up a small money transfer company to help locally. I've considered opening up one up for usd to mxn transactions.

I don't think it's possible for regular person like us. I don't know about you, but if I have that much money to start up a small money transfer company, I guess, I rather invest to other project. That no need us to make company just to make their project work.

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13 minutes ago, peanut56 said:

You know what. You've convinced me. I'm going to sell all my xrp and buy those other coins that are being tested and utilized by commercial institutions. What is called again, I can't remember?

Pornhub accepts Verge and Tether. Just saying ;) 

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