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Topic: [XRP] Ripple Speculation - page 217. (Read 637275 times)

full member
Activity: 406
Merit: 100
December 30, 2017, 04:47:07 PM
Urgently sell the whole Ripple he can not either stand 1 dollar. on a long distance in time, he is overbought 20-50 times, there are 100 billion coins!
sr. member
Activity: 1037
Merit: 253
December 30, 2017, 04:39:49 PM
Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
  Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS
He wanted to say that currently there are 38 billion XRP in circulating, but the maximum is 100 billion XRP, you are buying an inflationary coin, do not feel bad after that can happen in sequence, because it's a centralized coin, you are small players are in the hands of big players.

When someone says that bitcoin is decentralized and anonymous, I see narrow minded shill.

Core of bitcoin is consensus, that is driven by China, see mining farms and asics.

Liquidity is driven by exchanges, basically people freedom is driven by exchanges, no exchangez no value. Exchanges work with guess who? Banks and other like FI that eventually work with guess who? Banks

KYC is where your anonimity finished, want more money get the KYC first.

Do not want KYC? Than you face scam, fraud and very limited liquidity, with lower market price.

This belarussian corrupted shill Litvin tells high level pink stories, but devil is in details.

XRP meanwhile transparent, with real use case, production driven coin. And trust me, people like Litvin will be the first in the queue to use XRP to send money to their family in Belarussia, with low fee and seconds settelment.

Fucking corrupted KGB looser.





vsyc
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Trust: -2: -1 / +0
Warning: Trade with extreme caution!
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Why do you invent all sorts of nastiness about me and humiliate publicly!It shows your inner self and people see your true nature. Write more I will laugh with my family!I can idiylize the crypto currency in my understanding, but I will also fight for my convictions.Yours are simple are aimed at deceiving people and making money on bones.This is the basis of your Ripple - RIP. The Ripple should be RIP, or the rest of the Crypto-currency will do it. I made my choice.

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.

 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalksearch.org/topic/m.2358207
Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy
https://bitcointalksearch.org/topic/ripple-releases-333-million-more-tokens-1735977

You and your familly have to stop eat this belarussian mushrooms you found in forest, it does not help your intelectual growth, moreover, it sends you back to stoneage.

All your statement in bold just a pure prove of you being ignorant and uneducated Bitcoin shill.

Bitcoin is easy to destroy:

- Close all exchanges and this is it, just a punk coin back in 2009
- Do forking a.k.a. inflate as much as possible
- Make people like brothers Winkelvoss reach as they own 1% of BTC, now BCH ITS A MILLIONS OF FREE USD THAT SOLD TO PEOPLE THAT TRUST BTC SHILL LIKE YOURSELF FUCKING KGB MUPPET
- Not enough? B2X, Diamond, Gold etc. each creates price and coins of thin air
- And all that run and supported by couple millionears that own most Bitcoins, and all that mindd by Chines miners
- Serious miners that control most shares, are sponsored by same "aligarchs" and goverments
- If goverment is not in play, than cut electricity is easier than work on regulations.
- As of decentralization, most people run wallets, not hundred gigs of data clients, so that again puts decentralization as fancy dream of muppets.

Oh yes, bitcoin github password is owned by company, a very decentralized way, lol

Or wait, you need 80 exchanges and few miners, to make a decision on how Bitcoin should scale, fuck users. Very decentralized way, lol Nothing centralised here

You have to learn one thing decentrlization/distribution is a technical aspect, that still in hand and controlled by one or group of people in whatever way is designed, and its centric, because it has to be maintained.

Fucking housewife like you will never maintain such infrastructure, you will grow your ass on the coach and sell dreams like in soviet union, this is only what you can do.

In conclusion, congratulations, you got my negative trust!

newbie
Activity: 16
Merit: 0
December 30, 2017, 04:26:08 PM
this forum must have so many millionaires, but still people argue of the most stupid shit man.
somebody donate me 1 XRP or sum
member
Activity: 78
Merit: 20
December 30, 2017, 03:51:39 PM
Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
  Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS
He wanted to say that currently there are 38 billion XRP in circulating, but the maximum is 100 billion XRP, you are buying an inflationary coin, do not feel bad after that can happen in sequence, because it's a centralized coin, you are small players are in the hands of big players.

When someone says that bitcoin is decentralized and anonymous, I see narrow minded shill.

Core of bitcoin is consensus, that is driven by China, see mining farms and asics.

Liquidity is driven by exchanges, basically people freedom is driven by exchanges, no exchangez no value. Exchanges work with guess who? Banks and other like FI that eventually work with guess who? Banks

KYC is where your anonimity finished, want more money get the KYC first.

Do not want KYC? Than you face scam, fraud and very limited liquidity, with lower market price.

This belarussian corrupted shill Litvin tells high level pink stories, but devil is in details.

XRP meanwhile transparent, with real use case, production driven coin. And trust me, people like Litvin will be the first in the queue to use XRP to send money to their family in Belarussia, with low fee and seconds settelment.

Fucking corrupted KGB looser.





vsyc
View Profile  Personal Message (Offline)
Trust: -2: -1 / +0
Warning: Trade with extreme caution!
Ignore
Why do you invent all sorts of nastiness about me and humiliate publicly!It shows your inner self and people see your true nature. Write more I will laugh with my family!I can idiylize the crypto currency in my understanding, but I will also fight for my convictions.Yours are simple are aimed at deceiving people and making money on bones.This is the basis of your Ripple - RIP. The Ripple should be RIP, or the rest of the Crypto-currency will do it. I made my choice.

Ripple is not crypto money - scam from bankers and government.
Ripple - is not open source;
Ripple - Each Ripple node is controlled by a private commercial company. It is centralized as a bank or PayPal. Not a decentralized currency.
Ripple - totally 100% with the pre-release issued by Ripple Labs, 65% were left to themselves and 35% sold;
Ripple - not anonymous;
Ripple - emission is possible in unlimited quantities;
Ripple - created by the richest states and banks of the world on the money of monopoly oligarchs, with one purpose to destroy and devalue in the public eye the world of crypto-currencies.

 It is very difficult to destroy bitokoyn, because it is decentralized. Everyone who manages the bitcoins client is peer and conducts transactions around, and everyone who picks up votes with their hashing. Bitcomoin group of kernel developers could be arrested, but new developers will just get the better.
 Take a look at all Bitcoin services that were hacked. MtGox. Bitcoinica. MyBitcoin. InstaWallet. You might lose bitkoyny, which you deposited there - debt - but if you kept the real bitkoy in their purse, they were safe. When a Ripple gateway or currency issuer is hacked, because you can only hold BTC and, for example, debt, you lose them.
   But with Ripple, all that's required is a raid-like what happened to Liberty Dollar-to kill the entire network because of its centralization. The update can be ejected to destroy all XRP and transactions - and this will work, because one object has 51% of the attack on the network. This simply can not be done with Bitcoin, if only with an international attack on mine pool operators, and when this happens, people will simply switch to solo development.
  Ripple supporters (for example, OpenCoin Inc employees who speak their own views) point to small default values that have not been disconnected from the network. Of course, this will not happen. But a sufficiently large default from the lock will lead to a crash - there is a critical mass
 States are afraid of crypto-currencies and criticize them. Ripple is not criticized by the authorities, states, politicians and bankers! You will not hear anything bad about Ripple from them.
 For several years Ripple will eat all the main crypto-currencies - this is the black hole of the crypto-currency market, launched by states and banks. The total capitalization of the crypto-currency market will remain insignificant, and the Ripple capitalization will grow due to the exhaustion of money from other crypto-currencies. When banks artificially depreciate the world's major crypto-currencies, with the help of Ripple, there will then be an unrestricted release of the Ripple (because of its centralization) and the owners' funds will also be depreciated with the help of huge inflation, and subsequently unlimited emissions Ripple will be completely destroyed by banks and their governments.
This will allow states to declare crypto money outlawed and never allow to return to private money and crypt.

 I’m an early adopter of Ripple – having used it before it was publicly announced – but I need to point out what the inherit flaws are, and why Ripple is arguably a scam.
I could have taken my free XRPs and posted propaganda in support of Ripple, but that’s not the kind of person I am. I want to expose the world to the fraud of Ripple and OpenCoin Inc – what you will never see on the homepage.

https://bitcointalksearch.org/topic/m.2358207
Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy
https://bitcointalksearch.org/topic/ripple-releases-333-million-more-tokens-1735977
sr. member
Activity: 1037
Merit: 253
December 30, 2017, 03:16:28 PM
Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
  Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS
He wanted to say that currently there are 38 billion XRP in circulating, but the maximum is 100 billion XRP, you are buying an inflationary coin, do not feel bad after that can happen in sequence, because it's a centralized coin, you are small players are in the hands of big players.

Haha, "an inflationary" coin (it's not, by the way)

This naive shill thinks that bitcoin has no inflation. Loosers, like never heard of forks Smiley
sr. member
Activity: 1037
Merit: 253
December 30, 2017, 03:08:55 PM
Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
  Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS
He wanted to say that currently there are 38 billion XRP in circulating, but the maximum is 100 billion XRP, you are buying an inflationary coin, do not feel bad after that can happen in sequence, because it's a centralized coin, you are small players are in the hands of big players.

When someone says that bitcoin is decentralized and anonymous, I see narrow minded shill.

Core of bitcoin is consensus, that is driven by China, see mining farms and asics.

Liquidity is driven by exchanges, basically people freedom is driven by exchanges, no exchangez no value. Exchanges work with guess who? Banks and other like FI that eventually work with guess who? Banks

KYC is where your anonimity finished, want more money get the KYC first.

Do not want KYC? Than you face scam, fraud and very limited liquidity, with lower market price.

This belarussian corrupted shill Litvin tells high level pink stories, but devil is in details.

XRP meanwhile transparent, with real use case, production driven coin. And trust me, people like Litvin will be the first in the queue to use XRP to send money to their family in Belarussia, with low fee and seconds settelment.

Fucking corrupted KGB looser.




full member
Activity: 448
Merit: 106
Revolutionising Marketing and Loyalty
December 30, 2017, 01:50:37 PM
Good thing I'm still holding onto my Ripple, time to buy some more before it get too expensive.

Ripple (XRP) has overtaken Ethereum as the largest altcoin by market cap in a surge which has divided the cryptocurrency community.
After the payment network’s token reached as much as $2.65 on some exchanges this week, investors are celebrating returns which have topped 1,000 percent in just three weeks. At the start of December, XRP traded at just $0.24.

https://cointelegraph.com/news/ripple-becomes-largest-altcoin-as-bitcoiners-issue-warnings

December gave us a very good income, but what will happen next year? Will ripple leave for a long correction to this year? And why ripple is considered a speculative coin?
sr. member
Activity: 574
Merit: 261
December 30, 2017, 01:36:06 PM
Good thing I'm still holding onto my Ripple, time to buy some more before it get too expensive.

Ripple (XRP) has overtaken Ethereum as the largest altcoin by market cap in a surge which has divided the cryptocurrency community.
After the payment network’s token reached as much as $2.65 on some exchanges this week, investors are celebrating returns which have topped 1,000 percent in just three weeks. At the start of December, XRP traded at just $0.24.

https://cointelegraph.com/news/ripple-becomes-largest-altcoin-as-bitcoiners-issue-warnings
sr. member
Activity: 910
Merit: 255
December 30, 2017, 12:38:07 PM
I stopped making comments about xrp in public  Cheesy Because all of them were wrong, i though it is impossible for it to reach such a marketcap. But it could reach and so many people made good profit holding xrp  Smiley
sr. member
Activity: 1037
Merit: 253
December 30, 2017, 12:08:15 PM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

"Decentralized system runs by itself" you are far away from IT, if you talk such dellusions.

XRP will be decentralised in 2018, the year when you will have nothing to say against.
sr. member
Activity: 1099
Merit: 267
December 30, 2017, 11:52:20 AM
Stolen from xrpchat for education purposes
Presentation from companies below

Both Dimension Data and Everis are owned by NTT Data.  Below are some basic facts about all three companies.

NTT Data

$14.6 billion in annual revenue
120,000 employees
HQ in Tokoyo
Dimension Data

$7.5 billion in annual revenue
30,000 employees
HQ in Johannesburg
Everis

$1 billion in annual revenue
19,000 employees
Offices in 16 countries
The LinkedIn profiles of all three presenters can be accessed via below.

https://www.linkedin.com/in/josepalvarezperez/?ppe=1
https://www.linkedin.com/in/steve-van-den-heever-4042281/
https://www.linkedin.com/in/arruebarrena/
The webinar was very informative.  The presenters made an important point that Brad Garlinghouse, CEO of Ripple, also likes to make.  For the financial services sector, there are very few production ready blockchains.  Also, based on the presentation, I concluded the other production ready blockchains for the financial services sector compliment, rather than compete with, Ripple.



Below is the current state of the RTGS systems.



Below is what NTT Data and their subsidiaries think the landscape will look like.  XRP is key to "settle cross-currency transactions in real-time".  Notice they do not expect critical mass adoption until 2020-2025.



With the ILP, they also expect additional use cases of Ripple and XRP to develop.



The below slide shows how banks settlement systems can be linked with ILP.



Also, the list of those who attended can be accessed (if the attendee chose to make their profile public). Below are some of the companies who had representatives attend the webinar.

ADP
American Express
BNY Mellon
Dell
EY
Fidelity
GE
Hewlett Packard Enterprise
Honeywell
IBM
Intel
Microsoft
Northern Trust
PwC
RBC Royal Bank
Red Hat
Shell International
Standard Bank
SunTrust Bank
TD Bank
There are no guarantees with any of this, but as JoelKatz has said, making a bet on Ripple and XRP is a smart bet.

Lastly, I do not understand why people criticize Ripple for XRP not being used as much everyone would like.  Or why they were irate when they found out Ripple was charging for their software.  Which would be better to have?  A free blockchain technology that has been adopted by 0 banks but requires the use of their useless native currency/token.  Or a blockchain technology that has been adopted by 100 banks and counting (according to the presentation) in which they must pay for, and whose native currency/token has the potential to revolutionize an entire industry.

Heyyy boooiiio 1melyun

You can look at this as a kind of roadmap Wink
Do you really believe this is the problem and that is needed by banks have to be solve? Blockchain destroying bank system and you are saying ripple aim to be bridge between crpyptocurrency and banks. We don't need banks anymore we alrealdy create an alternative (blockchain) : more secure, transparent than banks all with your own control. I am really sure none of banks  will use ripple system. They support ripple because they are afraid from btc and decentralized world.

So obvious and right in front of your eyes but you still refuse to accept it Smiley
A quick google search with all your "but but butssss" and you will find better answers than imagined
hero member
Activity: 546
Merit: 501
December 30, 2017, 11:42:23 AM
Stolen from xrpchat for education purposes
Presentation from companies below

Both Dimension Data and Everis are owned by NTT Data.  Below are some basic facts about all three companies.

NTT Data

$14.6 billion in annual revenue
120,000 employees
HQ in Tokoyo
Dimension Data

$7.5 billion in annual revenue
30,000 employees
HQ in Johannesburg
Everis

$1 billion in annual revenue
19,000 employees
Offices in 16 countries
The LinkedIn profiles of all three presenters can be accessed via below.

https://www.linkedin.com/in/josepalvarezperez/?ppe=1
https://www.linkedin.com/in/steve-van-den-heever-4042281/
https://www.linkedin.com/in/arruebarrena/
The webinar was very informative.  The presenters made an important point that Brad Garlinghouse, CEO of Ripple, also likes to make.  For the financial services sector, there are very few production ready blockchains.  Also, based on the presentation, I concluded the other production ready blockchains for the financial services sector compliment, rather than compete with, Ripple.



Below is the current state of the RTGS systems.



Below is what NTT Data and their subsidiaries think the landscape will look like.  XRP is key to "settle cross-currency transactions in real-time".  Notice they do not expect critical mass adoption until 2020-2025.



With the ILP, they also expect additional use cases of Ripple and XRP to develop.



The below slide shows how banks settlement systems can be linked with ILP.



Also, the list of those who attended can be accessed (if the attendee chose to make their profile public). Below are some of the companies who had representatives attend the webinar.

ADP
American Express
BNY Mellon
Dell
EY
Fidelity
GE
Hewlett Packard Enterprise
Honeywell
IBM
Intel
Microsoft
Northern Trust
PwC
RBC Royal Bank
Red Hat
Shell International
Standard Bank
SunTrust Bank
TD Bank
There are no guarantees with any of this, but as JoelKatz has said, making a bet on Ripple and XRP is a smart bet.

Lastly, I do not understand why people criticize Ripple for XRP not being used as much everyone would like.  Or why they were irate when they found out Ripple was charging for their software.  Which would be better to have?  A free blockchain technology that has been adopted by 0 banks but requires the use of their useless native currency/token.  Or a blockchain technology that has been adopted by 100 banks and counting (according to the presentation) in which they must pay for, and whose native currency/token has the potential to revolutionize an entire industry.

Heyyy boooiiio 1melyun

You can look at this as a kind of roadmap Wink
Do you really believe this is the problem and that is needed by banks have to be solve? Blockchain destroying bank system and you are saying ripple aim to be bridge between crpyptocurrency and banks. We don't need banks anymore we alrealdy create an alternative (blockchain) : more secure, transparent than banks all with your own control. I am really sure none of banks  will use ripple system. They support ripple because they are afraid from btc and decentralized world.
newbie
Activity: 10
Merit: 0
December 30, 2017, 11:14:03 AM
Board of Directors ripple labs:
Garlinghouse was born on February 6, 1971 in Kansas, USA. He studied at the University of Kansas in Economics, and also has an MBA from Harvard Business School.
Brad worked in some major technology and computer science companies such as Yahoo, AOL, Hightail, and he held posts on ancestry.com and Tonic Health.
The board of directors of the company Ripple included Zoe Cruz, who from 2005 to 2007 held the position of co-president in Morgan Stanley.

The former director of the New York City Financial Services Authority (NYDFS) and the creator of BitLicense, Benjamin Loski, is now on the board of directors of the Ripple crypto-currency start-up. As stated in the press release of the company, he will promote the payment platform and the XRP token.
Former economic adviser to Obama joined the Board of Directors Ripple Labs

and others...
Some Capitalists who have nothing to do with the free and decontralized market!

Just for your information coinbase was created by former Goldman Sachs Trader Smiley
newbie
Activity: 41
Merit: 0
December 30, 2017, 11:06:59 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?

It is so easy to just blame banks and pretend like everything is their fault.  Bankers are just acting in their own self-interest, just like all of us.  They play by the rules of the game.  Yes maybe they break the laws, and they get slap on the wrist fines.  Those are the real rules of the game.  The laws are not.

Why don't you blame the state for encouraging bad bank behavior, for bailing them out, and giving them special privileges?  Is it because it goes against your Marxist programming to worship government and blame everything on corporations?

Banking is one of the most regulated sectors of the economy.  Why is it so fraudulent then?  Is it because regulation is a fraud that destroys real capitalism by distorting free markets?

Why didn't people vote out all of congress after bailing out the banks?  They're the real culprits here. 

Or go even further, why don't you blame a population that enables the state?   You get a society exactly as good as your culture deserves.

You can shunt all responsibility onto a small group of people who are more successful than you, but that will never get you anywhere. 
sr. member
Activity: 2632
Merit: 328
December 30, 2017, 11:00:31 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?


You lived under the rock through 2017, aren't you?
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
December 30, 2017, 10:48:56 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?
newbie
Activity: 41
Merit: 0
December 30, 2017, 10:42:52 AM
If open systems, where you can see everything, were preferred by the market, then Linux would be dominating the computer OS market share.  It is not and it never will.  They are like 1% and Windows and MacOS are everywhere.  The market does not value the same things you value.   
newbie
Activity: 41
Merit: 0
December 30, 2017, 10:36:15 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.
There is nothing honest about bitcoin or decentralization per se.  That doesn't even have any meaning.  It's just emotional rhetoric.  What does it mean for an abstraction to be honest?  People can be honest.  Bitcoin cannot be honest because it doesn't talk.

Bitcoin itself is worthless.  I liken it to intellectual property, and I think it kind of spawned out of these kinds of distortions of reality.  You cannot own information and that's all bitcoin is.  It's nothing.  You are just owning information stored on other computers, worthless.  Yes you can currently legally own information in the modern world, but you don't really own it.  You just have the state enacting violence to protect your claim of ownership.  This is not the same as actual ownership.  You can do all kinds of wacky stuff under positive law systems.  It is just a state-enforced market distortion based on this fallacy, and it's causing enormous economic harm to all of us except the few patent holders and authors who struck it rich with these state run monopolies.  But who cares about definitions when the state determines reality for us?

Yes Ripple also is along the same lines.  The difference is Ripple is backed by its ability to lower costs of international transfers, so it's value is directly tied to fiat.  Bitcoin has no such claim and is really not even functional.  You can say fiat is backed by nothing, to which I would counter it is backed by the most valuable resource of all, your life, through the violence of the state and legal tender laws.  You can consider it a negative backing rather than a positive one.  Positive backing would be "take this paper and you will get gold for it later."  Negative backing is "take this paper or we will kill you."  Bitcoin has none of this and the people in the bitcoin cult don't appreciate any kind of nuanced discussion.  They are too blinded by rhetorical notions like honesty and decentralization and their delusions of vast wealth for producing nothing of any value whatsoever.

And there is one very important aspect of centralization that you are overlooking.  People have diverse abilities distributed along something of a bell curve.  You want the smarter people to be in charge of things, especially when your property is at stake.  I don't want your average Joe to have any influence over my life.  They can't even run their own lives.  I don't want them running mine.  This is why democracy is such a failure.  All the idiots become bureaucrats and go on power trips.  Everything good has come from entrepreneurs and markets, in centralized firms, not open decentralized systems.
legendary
Activity: 3276
Merit: 2442
December 30, 2017, 10:25:03 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

Sadly, if you like it or not, it's only the latter ones that have survived for centuries.

Not true. Gold is still alive. It's in hybernate mode but still alive. Main disadvantage of gold is that its hard to carry with you and it can easily get stolen and people can counterfeit it. Bitcoin solved all those.

CB's were dominant till now because there wasn't a better alternative.

Now there is.
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
December 30, 2017, 10:20:31 AM
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

Sadly, if you like it or not, it's only the latter ones that have survived for centuries.
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