@I-mGonnaEatYou33 why not , we can be good friends
Posts made by Spencer123
Western union talks about accepting digital assets
Western union plans to add digital assets like Xrp , bitcoin and etherium as a currency to their platform , straight from the horses mouth , you should be lucky to invest in crypto markets now . at the lowest prices , a time will come it’s going to be a trillion dollar market ,that’s when crypto goes mainstream
Don’t ignore XRP
Dont ignore XRP , Ripple the company has been working hard developing software solutions on by using XRP as a payment protocol , in enabling frictionless payments , for both fintechs , banks , payment providers and even having uses cases for micro transactions , now you could use the XRP tip bot on Twitter for making micro transactions , acting as an incentive scheme for content creators , it has also been intergrated on other social platforms such as you tube and wikepidia , if you hold XRP today at the price of 34 cents , in the long run , it will surely pay off , the folks out there hate crypto because they actual haven’t done their research , the core function of an asset like this ,was made to solve a trillion dollar problem , in a span of one year , we should see the value of this assets moving along with utility , based on the problems it solves , if I can enable an Xrapid transaction which takes less than 3 seconds , in moving value or money from point A to point B at just a fraction of a cost , it tells you how disruptive it is , why wont banks adopt it , if you are corncend about the price swings , this why you shouldn’t , the XRP ledger is made to process a 1500 transition in a second with a throughput of 50,000 transactions in a second , so we are just talking about 3 seconds volatilty risk , which is nothing compared to the traditional system used banks today , called swift , which takes about 3 to 5 business days to settle a single transaction , with high fees , 3 days of volatility risk is 259,200 seconds slower than an Xrapid transaction ,
So my question is , if an Xrapid transaction goes through the repositories of value , ensuring anti money laundering rules and kyc checks for both inbound and out bound transactions which is been
regulated , why won’t the banks use it ?
The bitcoin maximalist out there , will only tell you , let’s take down the government , be your own bank , which has been a norm today , To me the banks are here to stay neither are they going away tomorrow , the main point of Ripple was to connect to the repositories of value , the blockchain of bitcoin holds just 65 billion dollars compared to the repositories of the banks which has an order of magnitude in many , many trillions .
The blockchain revolution won’t happen from outside the system , it’s going to happen within the system
SBI WILL BE GOING LIVE WITH RIPPLE XRP ON 4TH JUNE
No one should miss out on this , SBI is a consortium of 61 banks in Tokyo Japan , that brought over 100 clients from asia to use Ripples net , Now they launched an exchange called SBI VIRTUAL CURRENCIES , which will exclusively use XRP to source out liquidity on demand to over 61 banks in tokyo and other parts of Asia ,The CEO of SBI called Yoshi Shikatoa , said when SBI launches , its going to be so fast that ,any tremendous volume coming in will be supported by the exchange , Guys keep your eyes in the news , if you missed out on bitcoin , Ripple will be your last chance in making a fortune , a currency that can process 50,000 transactions per second at a fraction of a cost , the fee incurred in using the digital asset is $ 0.00004 , no matter how huge the transaction is, its the only asset there that has a clear enterprise use case ,
I dont think people understand the real meaning of crypto currencies , based on the use cases , the problem their are trying to solve for institutions and clients all over the world , Crypto currencies are not scams ,
The value of what this things will be worth in some few years to come will be absolutely insane , due the limited supply its has .
A time will come when 1 ripple will be worth 100 dollars, mark my words .The writings is on the wall
Ripple donates $4 million to Ellen DeGeneres charity, Ellen loves it. Ashton Kutcher, Guy Oseary
The link to the video is below
RE: Do u have investment in crytocurrency?
Because it solves a problem measured in trillions of dollars, its solving the payment problem incurred by banks and other merchants , which could process 50,000 transactions per second , XRP ,being a crypto currency comes with a lesser network fee , in sending money on the Xrapid 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 ,