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Daily Xrp News - Videos

Ripple & XRP Are Banks' Friends, Not Foe Says Christine Lagarde – A Flip Side To The GlobalCoin

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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Resources:

@PeterLBrandt Tweet:
https://twitter.com/PeterLBrandt/status/1138152605429915649

@XRPcryptowolf Tweet:
https://twitter.com/XRPcryptowolf/status/1138123624534151168

Ripple Launches Office in Brazil, Targets Further Expansion Across Latin America
https://cointelegraph.com/news/ripple-launches-office-in-brazil-targets-further-expansion-across-latin-america

Is Ripple’s testnet being used for running Thailand-based DeeMoney’s services?
https://ambcrypto.com/is-ripples-testnet-being-used-for-running-thailand-based-deemoneys-services/

@XRP_Anderson Tweet:
https://twitter.com/XRP_Anderson/status/1138069333953744899

@cbpaymentsnews Tweet:
https://twitter.com/cbpaymentsnews/status/1137901507142070272

IMF warns of giant tech firms’ dominance
https://www.bbc.com/news/business-48566024

Photo Credit:
https://image.cnbcfm.com/api/v1/image/104415914-GettyImages-670697906.jpg?v=1529474875&w=1400&h=950

Tags : cryptocryptocurrencyRipple XRP NewsxcurrentxpoolXPRxrapidXRP Newsxrpbtcxrpeurxrpusdxvia

10 Comments

  1. Hi all. Ripple already has a relationship with FB. This leads to the thought that FB token will be ILP ready. When purchases or trades are made using the FB token the recipient may not want FB token, they may want another token or even fiat. That's were ILP will be used and XRP will be the bridging asset to convert FB token into whatever the recipient wants. BOOM!!! Relax and enjoy the ride.

  2. I think a lot of people aren't understanding the point of XRP. They seem to use the terms "XRP" and "Ripple" interchangeably, as if they are the same thing. They aren't, and that is why the price will not go up and is made to stay the same. More TA:

    Ripple is a company whos goal is to make cross-country trades much faster by using the blockchain. A bank sends a payment from Tokyo, that payment is converted to XRP, then the receiving bank receives the funds in XRP and translates it into FIAT. There is a reason why this is better than the current system: by using XRP the fees and transfer time is greatly reduced exponentially over the current FIAT system.

    It's important to understand that the main reason this is desirable to banks is because during the transfer time of funds it reduces the fees AND MORE IMPORTANTLY reduces the change in price fluctuations of the FIAT currencies they are sending.

    Example: Say someone from Japan is sending millions of Japanese Yen to USA, and during the time it took to get from Japan to USA using the current FIAT transfer system (can take days) the ratio of Yen to USD has changed by an amount, now someone on one end is going to be either overpaying or being screwed potentially a lot of money because the value of the FIAT they are receiving has changed during the transfer time. What Ripple does, utilizing their blockchain technology by converting the FIAT at either end into near instantaneous XRP exchanges is remove that FIAT value difference.

    So you have to ask yourself, if the whole point of the company (Ripple) that owns the XRP token is to reduce price fluctuations during exchanges, why would Ripple want to have a token that is unstable and changes dramatically? The simple answer: THEY DON'T.

    That is why the price never changes. That is why they inject XRP into the XRP pool. That is why the trade volume is low. The smart money know HODLing XRP is a waste of time.

  3. Just googled it for anyone wondering: Nginx (engin ekkusu): In Japanese, it can be written as エンジンエックス . "Nginx (pronounced "engine-x") is an open source reverse proxy server for HTTP, HTTPS, SMTP, POP3, and IMAP protocols, as well as a load balancer, HTTP cache, and a web server (origin server).

  4. What do you think of bitcoin SV and blocks with larger processing power beyond 1 megabyte? I heard CSW talk about it at Oxford on YouTube – and even though I dont particularly like him or trust him the idea seemed fairly solid.,I lost 3BTC when I started trading CRYPTO it was devastating, I was lost until I found a comment about the great Mr. CASTRO EDWIN contacted him and he promised to help me not only to recover my lost money but to earn for the rest of my life, I have earned 7BTC in less than a month from his tradings.He is so competent , honest, consistent and very experienced, contact him at castroedwin195 @ gmail com or via telegram *@castroedwin1,here is also his WhatsApp +1(845)400-7574

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