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Topic: Western Union thinks Ripple is trash! - page 2. (Read 178 times)

full member
Activity: 588
Merit: 100
June 22, 2018, 08:26:32 AM
#15
Let's talk honestly, very much lately information that Ripple is accepted by banks, but now when the market falls and we see these falls with you, news with other headlines appears, how do you think it looks like?
sr. member
Activity: 868
Merit: 251
Empowering crypto w/ sustainable energy
June 22, 2018, 08:26:24 AM
#14
Western union is one of the sources (banks) which ripple was created for. But why do banks not just invent their own curreny with their own coin ? Why should they even use ripple
hero member
Activity: 826
Merit: 500
June 22, 2018, 08:22:21 AM
#13
Ripple is centralized, so the ideology of ripple breaks crypto main principle - be decentralized. I never invested in it. Also this is the one of the reasons why it was dumped so much after last pump. Maybe it is very quick and cheap, but it is piece of trash!
member
Activity: 322
Merit: 11
June 22, 2018, 08:22:04 AM
#12
I still doubt it until now.,but i dont think that ripple will last long for few more years., but some other major business and other financial intermediaries are now accepting and integrating with ripple, ive heard recently that they have partnered with moneygram, i dont know if the news is true or not, but it has been posted anywhere else, last month. Some banks still recognizing this ripple., and my question to myself, what is the future of this currency since this is centralized.

Hoping to clear my questions in few more days, since im still searching the right answer on the internet.
jr. member
Activity: 644
Merit: 1
June 22, 2018, 08:16:49 AM
#11
Ripple is reported to provide fast and cheap transaction services? I prefer to use stellar at a low cost in every shipment and fast. I am confused why ripple has a big community? what is the advantage of ripple?
sr. member
Activity: 538
Merit: 250
June 22, 2018, 08:16:26 AM
#10
They are saying this because they are afraid. Ripple is much better than banks.
Western union bank has the biggest fees on the world while ripple has very low fees!
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
June 22, 2018, 08:14:54 AM
#9
I am not a fan of Ripple but you have to wonder what is the point of Western Union in a world where I can transfer money to you through a cryptocurrency. I expect that since such a large portion of their business is transferring funds that they will be one of the first of the financial services dinosaurs to be made extinct by cryptocurrency.
member
Activity: 210
Merit: 10
June 22, 2018, 08:14:05 AM
#8
I'm actually curious about what XRP does.
Wouldn't Banks around the world be better off using blockchain directly to make a blockchain's cryptocurrency than XRP?
full member
Activity: 672
Merit: 100
https://paynote.eu
June 22, 2018, 08:08:52 AM
#7
I think Western Union is garbage.
Who uses it? WU is the past, and if they do not use blockchain, they will die.
Many world banks use ripple technology.
member
Activity: 215
Merit: 10
June 22, 2018, 08:03:39 AM
#6
Hikmet Ersek said that for six months of studying Ripple's proposal for cross-border payments, the company still wants to see real money savings in order to make a decision on using the XRP crypto currency.
sr. member
Activity: 434
Merit: 268
June 15, 2018, 12:04:16 PM
#5
I doubt it too, they are not the brainchild of a Bank, i mean they are independent system, so they make financial services for customers and they do not support the ripple, agreed with them too
sr. member
Activity: 686
Merit: 257
June 15, 2018, 11:50:25 AM
#4
Although I am not a ripple supporter, but I find it strange why the banks are joining ripple to test its block chain system and western union is not impressed. Perhaps western union will come up with a better block chain, let’s see.
newbie
Activity: 182
Merit: 0
June 15, 2018, 11:46:42 AM
#3
I doubt that.  Banks love ripple..a means of control still.
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
June 15, 2018, 11:44:42 AM
#2
Impressive. XRP was anyway shit coin and it will always be shit one no matter what. First of all it is not the real crypto coin as it runs completely centralised one and they always keep manipulating or holding the prices at one place all the time. The emission rate for this coins is unlimited one and thus makes me think why they even created that one. If this coin is not going to have any value in the future then why is it even in the crypto space. They could have just made it in the real world and offered banks some hand shakes.  Roll Eyes
jr. member
Activity: 336
Merit: 3
June 15, 2018, 11:19:10 AM
#1
What can I say: Ripple is maybe full of BS!

I do not think this is FUD.

https://www.ccn.com/western-union-ceo-not-impressed-by-ripple-trial-doesnt-see-bitcoin-replacing-fiat/

Ripple could be deemed a security in the Californian courts. This could set a precedence for everyone to sue coins that they lost money from that are deemed as securities: This is not an environment for a Savy investor to invest in before clarification and outcome of what I have said: Don’t challenge what I have said because it is reality in the big city and if you can’t see it go back to school!
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