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Ripple XRP: Has PayPal Been Using Ripple Tech Since 2016? If So, They Will Likely Be Using XRP Soon

Daily XRP News

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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:

Global debt hits all-time high of $184,000,000,000,000
https://www.rt.com/business/446526-global-debt-hits-record/

Ripple CEO and IMF Chief agree on “Money itself is changing”
https://ambcrypto.com/ripple-ceo-and-imf-chief-agree-on-money-itself-is-changing/

@XTRA_HRDCOR_XRP Tweet
https://twitter.com/XTRA_HRDCOR_XRP/status/1074016776684478466

US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal
https://www.ccn.com/us-coinbase-customers-can-make-instant-free-crypto-to-cash-transfers-to-paypal/

Xoom Acquired by PayPal for $890 Million; May Use Bitcoin
https://cointelegraph.com/news/xoom-acquired-by-paypal-for-890-million-may-use-bitcoin

PayPal Xoom connection
https://www.xrpchat.com/topic/2274-paypal-xoom-connection/

Earthport Launches Distributed Ledger Hub
https://ripple.com/insights/earthport-launches-distributed-ledger-hub/

Xoom / Earthport
https://www.earthport.com/case-studies/casestudy-xoom/

PayPal integrates with money transfer service Xoom, 15 months after buying it
https://venturebeat.com/2016/10/20/paypal-integrates-with-money-transfer-service-xoom-15-months-post-acquisition/

Photo Credit:
https://www.pymnts.com/wp-content/uploads/2018/05/sage-paypal-invoice-payments.jpg

Daily XRP News

10 Comments

  1. I can't say this is 100% XRP, but VEEM, the business payments platform had a Forbes article a few months ago saying they were using 'Bitcoin'. Just so happens that at the first SWELL, they stated VEEM will use XRP and SBI is a listed partner on their site. Strap in folks…

  2. Xoom has been around for awhile. I used them back in 2014 to send money to Canada. It took 2 -3 days for the money to be deposited in a bank account. Just checked the old transaction …. the fee was $4.99 back then.

  3. Ripple is not a cryptocurrency. It has no blockchain. It runs on the Ripple Consensus Protocol. Its ledger is centralized and Ripple labs controls 59 Billion XRP with 41 Billion in circulation. The idiots [Ripple labs] release 1 Billion a month into circulation which puts perpetual downward pressure on retail [bag]holders. It’s hard to believe a shitcoin has duped so many people but even Bernie Madoff made off with a few wise men’s savings.

    Ripple’s pending SEC decision might designate XRP a “security” which would be a disaster and force Ripple to challenge the ruling in the NY federal district. Aside from this keeping them tied up in court until late 2019, it might make no difference because a judge or jury would decide the designation and rarely have either differed from SEC opinion. Ripple has to find a way to stop the lawsuits too—it’s turned into a perpetual going concern.

    Sadly, none of that is the worst part. The worst part is the fraud: Ripple signs up banks by guaranteeing ultra cheap international transfers. How is this accomplished? Well, they sell banks XRP at an extreme discount relative to what retail buyers pay at market. That means that you the XRP holder are absorbing the costs and financing the bank transfers! So every bank transfer taking place is a cost to the retail buyer. That is classic fraud. Ripple’s ambitions: (1) sign up banks by offering steeply discounted transfers, (2) use the XRP retail buyers to finance number 1, and (3) IPO the company rebranded as the new Swift.

    The XRP [bag]holders do nothing but finance bank transfers, Ripple salaries, legal costs and lawsuits. The SEC will have none of it and neither will Coinbase—who by the way account for 75% of all crypto trades and plan on IPO’ing in 2019-2020. Coinbase will not list them without a centralization resolution and until their legal challenges are effete.

    Postscript:
    Stablecoins have wrecked the XRP utility arguments for international transfers, exchange transfers or default holding crypto between trades. There’s no utility argument for it unless you are a huge bank looking to transfer for cheap off the backs of working class retail buyers. Top stablecoins are audited by large accounting firms, backed by huge companies in the space, approved by the SEC, accepted on every major exchange and in 2019 will start to be integrated into banks. The utility arguments for XRP are dead…unless you’re a bank…

    There’s no reason for anyone in the crypto space to touch XRP or any real crypto until they hold Bitcoin, Cardano’s ADA or even boring old digital silver: Litecoin.

    Postscript deux:
    Ripple has basically repackaged the pink-sheet penny stock hustle by replacing shares with coins. The huge advantage they have is that they get to operate without any oversight. Even the penny stock companies have to play by the rules. But XRP is not a ”security” just yet. Many people coming into crypto don’t know how stocks work: rules, authorized shares, preferred shares, shares outstanding etcetera. So they’re falling for the same scam just repackaged.

    The reason I’m furious is because when the idiots get exposed and the SEC cracks down, their fraud will damage all of crypto’s reputation. The fuckers need to be stopped before any permanent damage can be done. Thank god Coinbase hasn’t fallen for the scam yet no matter how profitable it would be to list them.

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