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CEO Brad Garlinghouse Highlights How XRP’s Regulatory Uncertainty Has Affected Ripple


solodeji
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Wonderful podcast imho. It's great having him adress him jumping the gun on '19 progress.

I see the developments abroad as very much in line with what he said here. E.g. we're seeing countries and regions with with clear stipulations, now forming business relations founded on the premise of digital asset usage (specifically xrp). Projects are now building out that they simply can not fathom in the u.s.

Now, one can argue SBI is a massive stakeholder and their progress in asia is biased and incentivized directly by Ripple and that, somehow, this implies this isn't organic growth... But just look at what is happening and most importantly, and this is the clue, what is ALLOWED to happen.

For example (and this is just a pinch of recent results:

-moneytap (xrp involvement is inevitable and they have been open about this being a reality). 

-paying e-sport athletes in xrp (this is actually bigger than most realise as it directly implies and validates da's and specifically xrp being used for "salary", or simply put: this is without disguise or pretence a substitution for FIAT. This is allowed, they can do this. They're not getting sued. This sets a precedence for other applications somehow, someway in some capacity.

-holding/trading/custody of da's. I dont have to explain the implications of this.

Let alone the movement of surrounding countries with banks and institutions directly linked to sbi's reach.

Asia moved first and just look at the set-up.

So what does the u.s. allow? Some vague greenlight for custody (Individual states cant even agree on the specifics)? There is nothing there and the stark contrast with asia is mindboggling. We have all seen the developments happening right now and how entire payment landscapes are now 'DA ready'. I cant be f'd for the specific sources but it's all here on xrpchat: the roads are there and Rome is connected. Open the gate.

 

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12 hours ago, Dutchpinoy said:

Wonderful podcast imho. It's great having him adress him jumping the gun on '19 progress.

I see the developments abroad as very much in line with what he said here. E.g. we're seeing countries and regions with with clear stipulations, now forming business relations founded on the premise of digital asset usage (specifically xrp). Projects are now building out that they simply can not fathom in the u.s.

Now, one can argue SBI is a massive stakeholder and their progress in asia is biased and incentivized directly by Ripple and that, somehow, this implies this isn't organic growth... But just look at what is happening and most importantly, and this is the clue, what is ALLOWED to happen.

For example (and this is just a pinch of recent results:

-moneytap (xrp involvement is inevitable and they have been open about this being a reality). 

-paying e-sport athletes in xrp (this is actually bigger than most realise as it directly implies and validates da's and specifically xrp being used for "salary", or simply put: this is without disguise or pretence a substitution for FIAT. This is allowed, they can do this. They're not getting sued. This sets a precedence for other applications somehow, someway in some capacity.

-holding/trading/custody of da's. I dont have to explain the implications of this.

Let alone the movement of surrounding countries with banks and institutions directly linked to sbi's reach.

Asia moved first and just look at the set-up.

So what does the u.s. allow? Some vague greenlight for custody (Individual states cant even agree on the specifics)? There is nothing there and the stark contrast with asia is mindboggling. We have all seen the developments happening right now and how entire payment landscapes are now 'DA ready'. I cant be f'd for the specific sources but it's all here on xrpchat: the roads are there and Rome is connected. Open the gate.

 

 

Nice.. love reading positive posts. I think 'the roads' are just starting to be formed and we still have a long way to go, but I agree, what we are seeing over there is a great indicator of what could start to happen elsewhere.  

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IMG_20201114_170743.thumb.jpg.b7d1b08b9cb14b4e97f176f9d61c374e.jpg

Imo, he knew he was liying when he said that and he was just taking advantage of xrp buyers. Btw, he said 2018, not 2019. It is almost 2021 and no sign of banks using xrp anytime soon. 

Why don’t we make a list of wrong predictions and false statements? 

Edited by XRPage
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12 minutes ago, XRPage said:

IMG_20201114_170743.thumb.jpg.b7d1b08b9cb14b4e97f176f9d61c374e.jpg

 

Why don’t we make a list of wrong predictions and false statements? 

Go knock them out , Kiddo, if it makes you feel better. 
predictions are what they are and not definitive 

statements, can express ideas ect 

not sure how you can call them false, wrong , yes 

good thing I have ignore so I don’t have to read your turgid list 

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3 hours ago, XRPage said:

IMG_20201114_170743.thumb.jpg.b7d1b08b9cb14b4e97f176f9d61c374e.jpg

Imo, he knew he was liying when he said that and he was just taking advantage of xrp buyers. Btw, he said 2018, not 2019. It is almost 2021 and no sign of banks using xrp anytime soon. 

Why don’t we make a list of wrong predictions and false statements? 

Let' start with yours then.

https://www.fxstreet.com/cryptocurrencies/news/perus-interbank-to-utilize-ripples-on-demand-liquidity-for-cross-border-payments-201911120159

And I'm not assuming you're coveniently forgetting SBI, larger than just a bank and about as deeply involved in xrp as can be. 

 

 

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3 hours ago, XRPage said:

IMG_20201114_170743.thumb.jpg.b7d1b08b9cb14b4e97f176f9d61c374e.jpg

Imo, he knew he was liying when he said that and he was just taking advantage of xrp buyers. Btw, he said 2018, not 2019. It is almost 2021 and no sign of banks using xrp anytime soon. 

Why don’t we make a list of wrong predictions and false statements? 

cool. Start a new thread and go to town. Call the thread "the angry broken record player". 

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