Discussion in 'Crypto Currency & Mining' started by Paul11, Dec 7, 2017.
Another steady pump today.
The big ripple meeting is today I think it's called swellbyripple.
I was reading on some web forums people are hoping they will announce the launch of xrapid there.
So big things might happen today.
Yes im buying, wish id bought more ages ago, however there is still time...
Traded a bit of BTC for XRP weeks ago, gonna hold and see how it goes, I also did the same for XLM.
I think Xrp is a great long time hold. We will see if Ripple can deliver on their vision
Going great guns today, now 2nd on coin market cap.
This is great. I thought I had 500 xrp. Actually have 1000.
Imagine if it gets on coinbase!
XRP going up nicely.
Glad I decided to get some.
still not quite $3.35 it was at the start of the year.
xrp im now holding 12.5k
everything is falling into place beautifully.
Most if not all central governments and banks would be against the idea of something decentralised so I can't see this happening.
why would they object though?
Lack of control really from those financially invested, therefore the risk exposure would be very high. Particularly in its current state.
It makes far more sense to remain as it is, a form of bridging currency.
isnt that the same thing?
XRP is a decentralised bridging currency.
its going to do what the dollar did for the last 50 years.
Im not sure why Bank of England would put Ripple in the POC accelerator program all those years ago if they didnt intend to get any benefit from it.
What is the same thing?
You are saying XRP is a bridging currency, that's what the dollar has done for the last 50 years, apart from it can't sustain it anymore because of its overall national debt. The US being the world liquidity providers needs to wind down, all cash is going to wind down tbh. We are going towards cashless.
I would of thought governments would like a transparent tool like Ripplenet.
It's just my opinion of course. i do think XRP is going to place a massive role in cross border settlement, i believe it will get official recognition soon..
USD and XRP aren't comparable in the sense that one is a true currency, backed by a country with a worldwide accepted value, while the other is a digital asset. Even Ripple themselves term XRP as that.
Sure they can accomplish similar things, but it isn't one of Ripple's vision to see XRP as a fiat replacement. That's not to say another entity won't try this, but I don't see this happening anytime soon. They have a great use case with their xRapid network and this is where I believe they will succeed together with XRP.
i agree with all your points but the one about Ripple's vision. They want XRP in 5 years time to do what the USD has done for past 50 years. Lubricate the global commerce systems, apart from it's built in with better hardware (xcurrent)
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