Topic: [XRP] Ripple Speculation - page 319. (Read 637342 times)
5200 wall back interesting
Ray bro, heres my logic...
I trust The XRP Ripple devs and the rest of the team.
I also trust Brad...its that beard
I trust The XRP Ripple devs and the rest of the team.
I also trust Brad...its that beard
Hey bro,
Agreed the XRP team is the brightest in crypto; their accomplishments are an absolute gem.
The only reason why XRP is not on top of the Bitcoin(s) is because they cater to the banking industry and all of us hate the BANKS and know about their inflationary impoverishing economy.
So I keep saying and will say it OVER AND OVER AND OVER.
When is Ripple going to focus on other industries beside banking?
It would make sense as a hedge against BANKING COLLAPSE to have a second business branch that focus on alternative markets to gain big traction from the crypto
Looks like the wall is getting ripped to bits 
5150 wall of 500 btc eaten
5200 wall of 2500+ both these walls been there for awhile and now its only 150 btc or so. If it gets eaten like 5150 did this price could go up to 5600 by a snap of a finger
Looks like the wall is getting ripped to bits
In this bloody sea of red this weekend, there are only a few serious coins which are unbreakable. Guess who is a member of this small elite...? Right: The coin, which pushed its support on a constant higher level. Very, very stable for at least to weeks. Means: 8B $ invested with the strongest believe in one of the biggest and most advanced projects in crypto-world. This mc is a stable wall of hope, knowledge and a visionary way of thinking. The rocket is refueled....
http://www.investopedia.com/news/ripple-china-central-bank-cryptocurrency/
Ripple Cryptocurrency Woos China's Central Bank
check this out
Ripple Cryptocurrency Woos China's Central Bank
check this out
I like the content of this article (I am very bullish on XRP), but it's hard to take anyone seriously when they make frequent grammatical mistakes. I'm sure many of you have felt the same way while reading threads on this forum...
aS FoR ThE GRaMmEr# iT HAs MaNY reAsOnS = LOl
When you have a global digital currency, the users dont have many threads to read for good information, so they come here.
Most are actually impressive, being bilingual or more is a gd thing.
Then there are others that may have learning difficulties, dyslexia or something.
Then there is people that do it for fun lol
How good would your grammer be on Korean,chinese or other language threads?
http://www.investopedia.com/news/ripple-china-central-bank-cryptocurrency/
Ripple Cryptocurrency Woos China's Central Bank
check this out
Ripple Cryptocurrency Woos China's Central Bank
check this out
I like the content of this article (I am very bullish on XRP), but it's hard to take anyone seriously when they make frequent grammatical mistakes. I'm sure many of you have felt the same way while reading threads on this forum...
Im unsure about this tbh,
R3 have just went from one crypto project to another without doing much themselves.
They started off with btc blockchain talk, then tried eth and now xrp.
The yrs of hard work Ripple devs and others have put in, is not worth the price R3 claim they would get XRP for.
I should be in charge of the supply,lol...ive said it before, if i had it, i wouldnt sell any for under $1
R3 should watch what they want, this is crypto, if they hold a huge supply bought so cheap and we are not happy about it...
we could easily leave them with the coin, what use will huge supply be with low demand?
..there are many options that creative devs have given us in the past,sporks,forks, XRP could upgrade or something else.
Ray bro, heres my logic...
I trust The XRP Ripple devs and the rest of the team.
I also trust Brad...its that beard
Interesting thing is, most of R3 investment came from banks involved with Ripple, SBI even funded R3...so maybe, just maybe its fud...hmmm
R3 have just went from one crypto project to another without doing much themselves.
They started off with btc blockchain talk, then tried eth and now xrp.
The yrs of hard work Ripple devs and others have put in, is not worth the price R3 claim they would get XRP for.
I should be in charge of the supply,lol...ive said it before, if i had it, i wouldnt sell any for under $1
R3 should watch what they want, this is crypto, if they hold a huge supply bought so cheap and we are not happy about it...
we could easily leave them with the coin, what use will huge supply be with low demand?
..there are many options that creative devs have given us in the past,sporks,forks, XRP could upgrade or something else.
Ray bro, heres my logic...
I trust The XRP Ripple devs and the rest of the team.
I also trust Brad...its that beard
Interesting thing is, most of R3 investment came from banks involved with Ripple, SBI even funded R3...so maybe, just maybe its fud...hmmm
Stolen from xrpchat
I actually like this development. Cryptocurrency has long suffered a stigma of borne of its origins. These lawsuits, no matter how they play out, legitimise XRP specifically as an asset of significant value worth fighting over. And not just that, but of great value specifically to a banking consortium. As for the effect on the upcoming conference, I can't see this being negative, just a talking point that ultimately works in Ripple's favour. It's obvious to any casual observer that this is a shameless cash-grab from R3 in its death-throes. It only makes Ripple and XRP look good, highlighting the massive rise in price from the time of the contract until now, and the legitimacy of XRP as a valuable, tangible and litigable asset.
Unfortunately it's likely the price may suffer a little in the short term, but long-term I think this may be a great piece of bad news.
Also interesting and telling - if not also amusing - to note that R3 is willing to stake almost half of it's entire capital on just buying XRP. So let me get this straight, they raised $100 million to figure out how to revolutionise banking, and after a couple of years of doing very little, they now have to explain to their investors that the way forward is to get almost half of that investment and just buy a whole load of XRP? So according to the R3 consortium, revolutionising banking = buying XRP? Nice.
Oh, but they just want to sell it straight away you argue? Well, they're limited to 50bps/day of total XRP Ledger volume. Total XRP Ledger volume was 32m XRP today, and seems to have been around that figure for at least the past couple of months from the random dates I checked. 0.5% of that is 160,000XRP/day. That's 58mXRP/year, or $11m worth in a year at the current prices. In other words, if R3 wins and then immediately starts selling at the maximum amount they can, it will take them 4 years before they can even recoup their investment. This likely means R3 believes the price of XRP will be significantly higher, and soon, or pursuing this lawsuit would make absolutely no sense.
To put it in perspective another way - at the current daily volumes, selling 5 billion XRP at 50bps/day would take more than 85 years. That's a long way to the bank
I actually like this development. Cryptocurrency has long suffered a stigma of borne of its origins. These lawsuits, no matter how they play out, legitimise XRP specifically as an asset of significant value worth fighting over. And not just that, but of great value specifically to a banking consortium. As for the effect on the upcoming conference, I can't see this being negative, just a talking point that ultimately works in Ripple's favour. It's obvious to any casual observer that this is a shameless cash-grab from R3 in its death-throes. It only makes Ripple and XRP look good, highlighting the massive rise in price from the time of the contract until now, and the legitimacy of XRP as a valuable, tangible and litigable asset.
Unfortunately it's likely the price may suffer a little in the short term, but long-term I think this may be a great piece of bad news.
Also interesting and telling - if not also amusing - to note that R3 is willing to stake almost half of it's entire capital on just buying XRP. So let me get this straight, they raised $100 million to figure out how to revolutionise banking, and after a couple of years of doing very little, they now have to explain to their investors that the way forward is to get almost half of that investment and just buy a whole load of XRP? So according to the R3 consortium, revolutionising banking = buying XRP? Nice.
Oh, but they just want to sell it straight away you argue? Well, they're limited to 50bps/day of total XRP Ledger volume. Total XRP Ledger volume was 32m XRP today, and seems to have been around that figure for at least the past couple of months from the random dates I checked. 0.5% of that is 160,000XRP/day. That's 58mXRP/year, or $11m worth in a year at the current prices. In other words, if R3 wins and then immediately starts selling at the maximum amount they can, it will take them 4 years before they can even recoup their investment. This likely means R3 believes the price of XRP will be significantly higher, and soon, or pursuing this lawsuit would make absolutely no sense.
To put it in perspective another way - at the current daily volumes, selling 5 billion XRP at 50bps/day would take more than 85 years. That's a long way to the bank
The logic seems flawless here..
The only fact I see is that you nick definitely contains word "stupid" and so far it explains a lot.
And we have a "winner" LOL.
Didn't take that long!!
Good luck... I am leaving this thread.
"XRP TO THE MOOOOON" hahahah
Its about a time, I knew that you worthless.
Stolen from xrpchat
I actually like this development. Cryptocurrency has long suffered a stigma of borne of its origins. These lawsuits, no matter how they play out, legitimise XRP specifically as an asset of significant value worth fighting over. And not just that, but of great value specifically to a banking consortium. As for the effect on the upcoming conference, I can't see this being negative, just a talking point that ultimately works in Ripple's favour. It's obvious to any casual observer that this is a shameless cash-grab from R3 in its death-throes. It only makes Ripple and XRP look good, highlighting the massive rise in price from the time of the contract until now, and the legitimacy of XRP as a valuable, tangible and litigable asset.
Unfortunately it's likely the price may suffer a little in the short term, but long-term I think this may be a great piece of bad news.
Also interesting and telling - if not also amusing - to note that R3 is willing to stake almost half of it's entire capital on just buying XRP. So let me get this straight, they raised $100 million to figure out how to revolutionise banking, and after a couple of years of doing very little, they now have to explain to their investors that the way forward is to get almost half of that investment and just buy a whole load of XRP? So according to the R3 consortium, revolutionising banking = buying XRP? Nice.
Oh, but they just want to sell it straight away you argue? Well, they're limited to 50bps/day of total XRP Ledger volume. Total XRP Ledger volume was 32m XRP today, and seems to have been around that figure for at least the past couple of months from the random dates I checked. 0.5% of that is 160,000XRP/day. That's 58mXRP/year, or $11m worth in a year at the current prices. In other words, if R3 wins and then immediately starts selling at the maximum amount they can, it will take them 4 years before they can even recoup their investment. This likely means R3 believes the price of XRP will be significantly higher, and soon, or pursuing this lawsuit would make absolutely no sense.
To put it in perspective another way - at the current daily volumes, selling 5 billion XRP at 50bps/day would take more than 85 years. That's a long way to the bank
I actually like this development. Cryptocurrency has long suffered a stigma of borne of its origins. These lawsuits, no matter how they play out, legitimise XRP specifically as an asset of significant value worth fighting over. And not just that, but of great value specifically to a banking consortium. As for the effect on the upcoming conference, I can't see this being negative, just a talking point that ultimately works in Ripple's favour. It's obvious to any casual observer that this is a shameless cash-grab from R3 in its death-throes. It only makes Ripple and XRP look good, highlighting the massive rise in price from the time of the contract until now, and the legitimacy of XRP as a valuable, tangible and litigable asset.
Unfortunately it's likely the price may suffer a little in the short term, but long-term I think this may be a great piece of bad news.
Also interesting and telling - if not also amusing - to note that R3 is willing to stake almost half of it's entire capital on just buying XRP. So let me get this straight, they raised $100 million to figure out how to revolutionise banking, and after a couple of years of doing very little, they now have to explain to their investors that the way forward is to get almost half of that investment and just buy a whole load of XRP? So according to the R3 consortium, revolutionising banking = buying XRP? Nice.
Oh, but they just want to sell it straight away you argue? Well, they're limited to 50bps/day of total XRP Ledger volume. Total XRP Ledger volume was 32m XRP today, and seems to have been around that figure for at least the past couple of months from the random dates I checked. 0.5% of that is 160,000XRP/day. That's 58mXRP/year, or $11m worth in a year at the current prices. In other words, if R3 wins and then immediately starts selling at the maximum amount they can, it will take them 4 years before they can even recoup their investment. This likely means R3 believes the price of XRP will be significantly higher, and soon, or pursuing this lawsuit would make absolutely no sense.
To put it in perspective another way - at the current daily volumes, selling 5 billion XRP at 50bps/day would take more than 85 years. That's a long way to the bank
The only fact I see is that you nick definitely contains word "stupid" and so far it explains a lot.
And we have a "winner" LOL.
Didn't take that long!!
Good luck... I am leaving this thread.
"XRP TO THE MOOOOON" hahahah
i think xrp is a LONG term hold. it has to much support for it to not be.
It's not so expensive to put some bucks on ripple, the problem is it worth? How much can it grown? It's at billion market cap
I believe in ripple, but the nerds on the internet boicott it because it's ''from banks'', i wanna see them cry if ripple could reach the 10$ each one day.
Rule#1 here on Bitcointalk: be prudent on threads about a coin that underperformed BTC. It means that investors who did not leave the boat early enough are sore, and therefore have "discutable" views on the potential of this coin (hopes).
On a more "educated" point of view:
Truth is, the banks are leaving the XRP boat to create their own solutions... together.
And when these fuckers sign a truce agreement and start working together, it is NEVER EVER a good sign for the collateral economies...
Obviously, I do understand the banksters: why paying something worth BILLIONS, when you can create your own solution for MILLIONS.
Links to prove this point:
http://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4
https://www.coindesk.com/bank-america-filed-20-blockchain-patents-already/
3hours ago:
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I
Quote
U.S. blockchain startups R3 Holdco LLC and Ripple Labs Inc are suing each other over an options contract to purchase Ripple’s digital currency XRP, according to lawsuits filed on Friday.
-> Strong fight coming:Quote
R3 launched in September 2015 with the backing of nine of the world’s largest investment bank and its membership has rapidly grown to about 80 financial institutions. In May it raised $107 million from companies including Bank of America Corp (BAC.N), SBI Holdings Inc, HSBC Holdings Plc (HSBA.L) , Intel Corp (INTC.O) and Temasek Holdings. Thomson Reuters is a member of the consortium.
Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Note:This one is probably is a good sign for XRP...Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Fight is real, and tough.
That is why XRP is trying to pivot into a new paradigm by working with GOVERNMENTS, not banks, in order to create an innovative inter-banking solution.
This is where the value is for XRP.
I have little doubt that they will acheive it technologically. But central banking, and banking in general is a small world and being a SF based startup threatening the incumbents is not a fantastic solution. That explains why XRP speaks with countries like Thailand for instance, but these sub-par options drastically limit their mid-term potential.
I am trying to bring facts and I may see future comments like: << Pfffff...your name is stupid_seb so everything you say is stupid!!. Go away idiot!! >>
That would prove I aim in the right direction.
Happy to talk guys.
how exactly does this information means good news for xrp holders? it is because even with own tools banks will need xrp to bridge with entities outside of their network?
It is not good news. It is the only way out for them imho.
Their initial market is being challenged.
Lawsuit is not Goid: R3 wants the option to buy cheap now. R3 asked the Delaware Chancery Court to uphold the deal, which would have allowed it to buy the XRP at a price of $0.0085 per token before September 2019.
They wat to use this option asap bc the price of XRP may not stay above $0.20 long.
i think xrp is a LONG term hold. it has to much support for it to not be.
It's not so expensive to put some bucks on ripple, the problem is it worth? How much can it grown? It's at billion market cap
I believe in ripple, but the nerds on the internet boicott it because it's ''from banks'', i wanna see them cry if ripple could reach the 10$ each one day.
Rule#1 here on Bitcointalk: be prudent on threads about a coin that underperformed BTC. It means that investors who did not leave the boat early enough are sore, and therefore have "discutable" views on the potential of this coin (hopes).
On a more "educated" point of view:
Truth is, the banks are leaving the XRP boat to create their own solutions... together.
And when these fuckers sign a truce agreement and start working together, it is NEVER EVER a good sign for the collateral economies...
Obviously, I do understand the banksters: why paying something worth BILLIONS, when you can create your own solution for MILLIONS.
Links to prove this point:
http://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4
https://www.coindesk.com/bank-america-filed-20-blockchain-patents-already/
I could not find any prove in the links above about delusional prove that you trying to bring here. It will stay delusional until you find power to prove otherwise. You obviously do not understand how banking business work and what are you talking about if you think that banks can replace Ripple infrastructure that was build and tested for years in due time.
3hours ago:
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I
Quote
U.S. blockchain startups R3 Holdco LLC and Ripple Labs Inc are suing each other over an options contract to purchase Ripple’s digital currency XRP, according to lawsuits filed on Friday.
-> Strong fight coming:Quote
R3 launched in September 2015 with the backing of nine of the world’s largest investment bank and its membership has rapidly grown to about 80 financial institutions. In May it raised $107 million from companies including Bank of America Corp (BAC.N), SBI Holdings Inc, HSBC Holdings Plc (HSBA.L) , Intel Corp (INTC.O) and Temasek Holdings. Thomson Reuters is a member of the consortium.
Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Note:This one is probably is a good sign for XRP...Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Fight is real, and tough.
That is why XRP is trying to pivot into a new paradigm by working with GOVERNMENTS, not banks, in order to create an innovative inter-banking solution.
This is where the value is for XRP.
I have little doubt that they will acheive it technologically. But central banking, and banking in general is a small world and being a SF based startup threatening the incumbents is not a fantastic solution. That explains why XRP speaks with countries like Thailand for instance, but these sub-par options drastically limit their mid-term potential.
Absolute nonsense, especially about technology. Also learn about Ripple and Japan.
I am trying to bring facts and I may see future comments like: << Pfffff...your name is stupid_seb so everything you say is stupid!!. Go away idiot!! >>
That would prove I aim in the right direction.
Happy to talk guys.
That would prove I aim in the right direction.
Happy to talk guys.
The only fact I see is that you nick definitely contains word "stupid" and so far it explains a lot.
I believe that Ripple - the company - is firmly aligned with the interests of XRP investors given the facts:
I talk about this in detail in my latest blog entry here: https://xrphodor.wordpress.com/2017/09/09/ripple-is-aligned-with-xrp-investors/
Hope you enjoy
- Hodor!
Twitter: https://twitter.com/Hodor7777/status/906526258514857984
- The headlines from yesterday
- XRP Escrow lockup
- Ripple business model
- Former employees purchasing XRP
I talk about this in detail in my latest blog entry here: https://xrphodor.wordpress.com/2017/09/09/ripple-is-aligned-with-xrp-investors/
Hope you enjoy
- Hodor!
Twitter: https://twitter.com/Hodor7777/status/906526258514857984
i think xrp is a LONG term hold. it has to much support for it to not be.
It's not so expensive to put some bucks on ripple, the problem is it worth? How much can it grown? It's at billion market cap
I believe in ripple, but the nerds on the internet boicott it because it's ''from banks'', i wanna see them cry if ripple could reach the 10$ each one day.
Rule#1 here on Bitcointalk: be prudent on threads about a coin that underperformed BTC. It means that investors who did not leave the boat early enough are sore, and therefore have "discutable" views on the potential of this coin (hopes).
On a more "educated" point of view:
Truth is, the banks are leaving the XRP boat to create their own solutions... together.
And when these fuckers sign a truce agreement and start working together, it is NEVER EVER a good sign for the collateral economies...
Obviously, I do understand the banksters: why paying something worth BILLIONS, when you can create your own solution for MILLIONS.
Links to prove this point:
http://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4
https://www.coindesk.com/bank-america-filed-20-blockchain-patents-already/
3hours ago:
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I
Quote
U.S. blockchain startups R3 Holdco LLC and Ripple Labs Inc are suing each other over an options contract to purchase Ripple’s digital currency XRP, according to lawsuits filed on Friday.
-> Strong fight coming:Quote
R3 launched in September 2015 with the backing of nine of the world’s largest investment bank and its membership has rapidly grown to about 80 financial institutions. In May it raised $107 million from companies including Bank of America Corp (BAC.N), SBI Holdings Inc, HSBC Holdings Plc (HSBA.L) , Intel Corp (INTC.O) and Temasek Holdings. Thomson Reuters is a member of the consortium.
Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Note:This one is probably is a good sign for XRP...Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Fight is real, and tough.
That is why XRP is trying to pivot into a new paradigm by working with GOVERNMENTS, not banks, in order to create an innovative inter-banking solution.
This is where the value is for XRP.
I have little doubt that they will acheive it technologically. But central banking, and banking in general is a small world and being a SF based startup threatening the incumbents is not a fantastic solution. That explains why XRP speaks with countries like Thailand for instance, but these sub-par options drastically limit their mid-term potential.
I am trying to bring facts and I may see future comments like: << Pfffff...your name is stupid_seb so everything you say is stupid!!. Go away idiot!! >>
That would prove I aim in the right direction.
Happy to talk guys.
how exactly does this information means good news for xrp holders? it is because even with own tools banks will need xrp to bridge with entities outside of their network?
As an investor, I would normally be steering clear of a company with billions in pending lawsuits. One thing for sure though, this R3/Ripple saga is going to make the lawyers very very rich!!!!!
Stay away no problem lol....
But for what do they demand that much zerps?
Something is going on we dont know why r3kt is soo pissed at ripple.... seems like they stated with this that they are very far away from success
As an investor, I would normally be steering clear of a company with billions in pending lawsuits. One thing for sure though, this R3/Ripple saga is going to make the lawyers very very rich!!!!!
Only fact i see is
R3 is mega Salty that they havent bought $XRP.
They wanted 5 bln xrp...so for something those little zerps must be really good!
Check statements from miguel about the useless r3 "blockchain inspired" dickheads!
I wonder how many xrp SBI and OTHERS have bought when r3 wanted 5 BILLION XRP
R3 is mega Salty that they havent bought $XRP.
They wanted 5 bln xrp...so for something those little zerps must be really good!
Check statements from miguel about the useless r3 "blockchain inspired" dickheads!
I wonder how many xrp SBI and OTHERS have bought when r3 wanted 5 BILLION XRP
i think xrp is a LONG term hold. it has to much support for it to not be.
It's not so expensive to put some bucks on ripple, the problem is it worth? How much can it grown? It's at billion market cap
I believe in ripple, but the nerds on the internet boicott it because it's ''from banks'', i wanna see them cry if ripple could reach the 10$ each one day.
Rule#1 here on Bitcointalk: be prudent on threads about a coin that underperformed BTC. It means that investors who did not leave the boat early enough are sore, and therefore have "discutable" views on the potential of this coin (hopes).
On a more "educated" point of view:
Truth is, the banks are leaving the XRP boat to create their own solutions... together.
And when these fuckers sign a truce agreement and start working together, it is NEVER EVER a good sign for the collateral economies...
Obviously, I do understand the banksters: why paying something worth BILLIONS, when you can create your own solution for MILLIONS.
Links to prove this point:
http://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4
https://www.coindesk.com/bank-america-filed-20-blockchain-patents-already/
3hours ago:
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I
Quote
U.S. blockchain startups R3 Holdco LLC and Ripple Labs Inc are suing each other over an options contract to purchase Ripple’s digital currency XRP, according to lawsuits filed on Friday.
-> Strong fight coming:Quote
R3 launched in September 2015 with the backing of nine of the world’s largest investment bank and its membership has rapidly grown to about 80 financial institutions. In May it raised $107 million from companies including Bank of America Corp (BAC.N), SBI Holdings Inc, HSBC Holdings Plc (HSBA.L) , Intel Corp (INTC.O) and Temasek Holdings. Thomson Reuters is a member of the consortium.
Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Note:This one is probably is a good sign for XRP...Ripple, which focuses on blockchain-based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.
Fight is real, and tough.
That is why XRP is trying to pivot into a new paradigm by working with GOVERNMENTS, not banks, in order to create an innovative inter-banking solution.
This is where the value is for XRP.
I have little doubt that they will acheive it technologically. But central banking, and banking in general is a small world and being a SF based startup threatening the incumbents is not a fantastic solution. That explains why XRP speaks with countries like Thailand for instance, but these sub-par options drastically limit their mid-term potential.
I am trying to bring facts and I may see future comments like: << Pfffff...your name is stupid_seb so everything you say is stupid!!. Go away idiot!! >>
That would prove I aim in the right direction.
Happy to talk guys.
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