Ripple 10 times secure than Fiat for Cross border payments

ajiz138

hero member

Activity: 1498

Merit: 785

Quote from: asus09 on November 01, 2019, 01:27:53 PM

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

I have forget with ripple and close my assets have ripple coin because I bought with higher price last year and now drop under $0.3, I will open again my wallet for three years later and check will possible ripple back to higher price again or not, will be ripple can reach above $5 like what happen with ripple in 2017 can reached to $5, nice to wait for ripple coin price on the top.

To reach the price of $ 5 might be very difficult because the market situation is not like 2017. Nowadays all altcoins have decreased by more than 90% and some are even more than 100%. XRP is currently priced at $ 0.29. I also bought XRP at $ 2 and lost a lot after the Bitcoin dump.

enhu

legendary

Activity: 2478

Merit: 1018

The only that is good for the coin though is that you can send this with just the bear minimum fee. Helpful if you send funds as quick as possible and securely. But then many are still disappointed to XRP price.

Quote from: crazy-pilot on November 01, 2019, 01:54:37 PM

The experts of the Ripple say that Ripple is the best. Why then did all banks refuse to cooperate with Ripple? You can say anything you like, however I would never contact Ripple.

And people were expecting banks are actually going to be using ripple because its what they said from years ago. The more you'd be disappointed if you are holding your coin while you have invested to XRP while the price is more than $3 last 2017.

crazy-pilot

sr. member

Activity: 861

Merit: 253

SmartFi - EARN, LEND & TRADE

The experts of the Ripple say that Ripple is the best. Why then did all banks refuse to cooperate with Ripple? You can say anything you like, however I would never contact Ripple.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

I have forget with ripple and close my assets have ripple coin because I bought with higher price last year and now drop under $0.3, I will open again my wallet for three years later and check will possible ripple back to higher price again or not, will be ripple can reach above $5 like what happen with ripple in 2017 can reached to $5, nice to wait for ripple coin price on the top.

InwardContour

sr. member

Activity: 644

Merit: 260

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

Even though there are many haters of ripple due to its centralized nature (well suited for cross boarder payments), the team has achieved great milestones. The XRAPID product in particular is revolutionary and if adopted will be of great importance to remittance system. I'm not really a big fan of XRP but I do admire the project development. Talking about XRP being more secure and quicker than FIAT alternatives for cross boarder remmitance, I will agree with that.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

than other fiat money

This is the kicker right here. If you compare ripple to fiat, sure it's more 'secure' but how about if you compare it to other cryptocurrencies with more anonymity like dash or monero?

Quote from: CjMapope on November 01, 2019, 12:17:07 PM

people still holding those 2$ ripple i see....

Not me. Never have and never will.

Quote from: Deathwing on November 01, 2019, 10:36:35 AM

Sure. Centralised currency that can never go above 3 USD because the company dumps it instantly...

And this is why I don't own any. There are so many cryptos to choose from if you're concerned about sending money when crossing borders that ripple seems like just an awful choice. Even bitcoin would be so much better.

ecnalubma

sr. member

Activity: 1526

Merit: 420

Can we just like Ripple and dislike Libra? Grin

I think Ripple is the only centralised coin we need. Despite the negative opinions due to its amalgamate nature, this coin can somehow outperform fiat in cross border payments with quiet competitive fees.

tsaroz

legendary

Activity: 2926

Merit: 1069

★Bitvest.io★ Play Plinko or Invest!

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

Cros border remittance starts with fiat and ends in fiat and there's no real use of less volatility of Ripple. Ripple has been hyping a lot about it's remittance service but is not able to make a good impression and acceptance in the market. None of the coins have. It's much easier and cheaper to send money in crypto than using the banks at all and I really wish Ripple be the one to lead this revolution in finance.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

people still holding those 2$ ripple i see....
ya this coin gets way too much sell pressure, and even when it does pump, places like coinbase end up conking out on their exchanging as people try to cash in
fuk XRP, way too manipulated imo

Deathwing

legendary

Activity: 1638

Merit: 1328

Stultorum infinitus est numerus

"XRP is multiple times less volatile"

Sure. Centralised currency that can never go above 3 USD because the company dumps it instantly...

masterrex

full member

Activity: 1820

Merit: 107

Quote from: Harrydose on November 01, 2019, 09:44:17 AM

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

Ripple has the capability and resources to prove that, Ripple blockchain is fast and secure with much lesser fee's compare to others, that's why it has more advantages compare to the most traditional cross border payment providers, I'm not a big fan of XRP But i notice that in my own country XRP was use favorably for remittances from abroad.

Harrydose

newbie

Activity: 145

Merit: 0

The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements.

Source: TheCoinRepublic

Topic: Ripple 10 times secure than Fiat for Cross border payments (Read 122 times)