Because it solves a problem measured in trillions of dollars, its solving the payment problem uncured by banks and other merchants , which could process 50,000 transactions per second , XRP ,being a crypto currency comes that with a lesser network fee , in sending money on Xrapids platform , the fee incurred is worth 0.00004 xrp , which is worth 0.000004 dollars , just a fraction of a cost , buying ripple today , is just like buying bitcoin when it was cheap , Xrp is worth 0.7 dollars on coinmarketcap.com , no body cared for it, it is the only digital asset that has an enterprise use case ,
Posts made by Spencer123
RE: Do u have investment in crytocurrency?
Should you invest into ripple XRP
Should you invest in ripple , A bridge currency , to connect all the financial rails we have today in making efficient payments , Watch out on the SBI VIRTUAL CURRENCIES , coming soon this summer in Tokyo , XRP will be used as a remittance currency for making both cross border payments by financial institutions and asset buyers , 45% of XRPis volume comes from Asia , XRP will be paired to both the dollar and Japanese Yen , in order to optimize international payments coming in and out of japan .
We also have Cuallex , The Mexican payment provider will be using XRP to source out liquidity on demand for the Mexican Peso , the market liquidity levels , of the Pesos , isnt as high as other native currencies like Dollars or Euros, XRP being a digital asset will be used as bridge currency in solving such liquidity issues , for unknown currencies like this , which doesnt have enough markets in making cross border payments , Cuallex finally , came out with a wallet called Cuallet , which will intergrate , Xrapid within their platform , Xrapid is a payment processor that can handle or process 50,000 transactions per second using the crypto currency called XRP developed by ripple labs in Sans Francisco , a trade worth of 1500 pesos could be sold for XRP , which will settle in seconds , on the beneficiaries end , by doing so ,Cuallex will be cutting down cost by 60% , reducing friction in the whole process , because the payments wont be processed in multiple hops or check points , this makes XRP, a Peer to Peer currency or Bank to Bank currency , XRP was tested in a pilot mode for 2 years by Cuallex , today they are rolling into a production stage to disrupt their out dated systems
Along side this , Money Gram and Western union are also testing Xrapid in the pilot stage , Western Union as at 2016 , processed over 80 billion dollars and Money Gram also processed 351 million dollars ,
When this test face is over , monies like this will be passing through Xrapids net , we are talking of real world money which is measured in trillions of dollars on annual or yearly basis ,
The kind of moves this company is making , is massive , currently XRP is worth 0.69 cents and no body cared about XRP , when this system comes into , full use , Expert the price to go higher , One XRP could be worth 100 or more , The revolution is coming and crypto currencies are real , we saw the same thing happened to bitcoin , bitcoin as at 8 years ago, which was just 0.0065 dollars, lots of people didnt care about the coin , at that rate of 0.0065 dollars, if you had invested 100 dollars into bitcoin , you would have gotten 16,666 units , the price of bitcoin exploded in DEC 2017 from $700 to 20,000 dollars and 16,666 units of bitcoins at that time on DEC 2017 will be worth $ 333,320,000 billion dollars , Isnt that a fascinating , On such high returns , when it comes to making investments like this , Bitcoin was a currency used by the internet age , a currency which wasnt even mainstream , today people who invested into bitcoin 8 years down the line , are one of the Elites , having tans and tans of wealth sitting in their wallets,
How much more will it be for a currency , designed to be used by financial institutions and asset buyers , coming with , specific use cases , In a span of 5 years or 6 months to come the price of XRP will be absolutely insane and people who invested early are going to be very rich.
The revolution is coming , And i know what am saying , not small talk
No boby cares when i talk about Ripple XRP , a time will come ripple will be every where in the news 0.86 cents , People care less lol.lets seee what happens , the revolution will soon some to pass
Crypto currencies are here to stay , invest now for the future , this better than joining the illuminati
if you are interested in crypto currencies, like bitcoin , Ripple xrp , New york coins just send me a private message or text me on my email [email protected] ,thanks , there is lots and tans and tans of money to be made dont ever miss out on this , the block chain system is revolutionizing the payment industry ,there is going to be a paradigm shift from the old ways to newer innovations, Lets unit for crypto and spread the good gospel to our family and friends , we love crypto and we will die for crypto , Liquidity and friction no more becomes an issue , current rails designed by ripple labs of for transacting value , money for remmitance transactions will travel at the rate at which information is sent online , thanks to the ripple effect we have in using a virtual currency called XRP , which is designed to process 50,000 transactions per sec, there is no digital asset out there to be compared to the robustness of XRP in facilitating payments
Crytpos are here to stay
Japan’s Financial Services Agency (FSA), the country’s financial regulator, has revealed details of a closed-doors roundtable between regulators and central banks from a number of countries as a part of a wider multilateral joint research project on blockchain technology.
Central banks and financial regulators from a number of nations alongside a handful of foreign and Japanese academic institutions were all part of a part of an FSA-hosted roundtable to discuss their views on the opportunities and risks presented by public or open blockchain technology. The private meeting was held on March 8 and 9, an FSA announcement confirmed on Monday.
The FSA said:
“The roundtable meeting especially highlights the inherent technical risks and opportunities around blockchain. As a part of this initiative, JFSA currently conducts a study on the vulnerability issues of public-blockchain and relevant security issues and its impacts from technical perspectives.”
Participants in the roundtable included central banks from Singapore, Canada and Japan as well as financial regulators from the UK, Abu Dhabi, France and Hong Kong, alongside Australia’s securities regulator. Crypto-centric MIT Media Lab, the University of Tokyo and Keio University also participated as academics.
Topics covered during the roundtable include the “Potential of blockchain”, “Blockchain innovation and responsible user protection” and “Blockchain tests and use cases – jurisdictional Proof of Concept(s)”, among others.
The FSA says the roundtable was to share the nations’ collective views on blockchain technology under the ‘Multilateral Joint Research’ project, an FSA initiative launched in 2017 as an international research effort with a specific agenda centered on blockchain innovation.
While any details of the discussions held during the closed-doors currently remain under wraps, some common viewpoints and challenges could be shared with the public when agreed upon by all participants, the FSA added.
As Japan’s retail banking market prepares for what would be the largest consumer-end implementation of blockchain tech via a consumer payments app powered by Ripple, the world’s biggest central banks were told cryptocurrencies “do not pose risks to global financial stability” by the international Financial Stability Board (FSB) during the ongoing G20 summit in Argentina.
INTERNET OF VALUE(IOV)
When your bank in USA wants to send money to me here in Ghana using ripples net , all it takes , is for them to trade your local currency which is USA dollars for XRP , and send it through ripples net , it arrives here in Ghana , in a ripple wallet which will be sold to a liquidity provider for Ghana Cedis , with this you will have good liquid funds sitting in your clients account within 3 seconds as compared to the traditional methods of sending money which could take 3-5 business days to settle funds called swift , Ripple comes in to revolutionize the pre banking era , Things should be on demand, You dont have to walk to the street for a taxi cab today , Your local uber application could help you get a taxi cab on demand , Blockchain and Crypto currencies are here to stay