Ripple adds nice XRP infographic
Posted May 22, 2017, 5:29 PM UTC
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In Christmas I want to go to the Bahamas, so C'mon Ripple do your thing.
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Next year i'm gonna merry... but i'm starting to think that i'll be the one that pay for it
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if you're the only one who pays for your entire marriage, you oughta search for a new gf, my friend.
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Tinder for XRP investors.
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Too late my friend... Goodnight
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Why is the XRP's 4 sec bar longer than BTC and Traditional Systems? seems backwards, no? Faster should be shorter bars.
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If the banks won't use ripples when they use ripple for transfers ...how is XRP going to make money?
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Market makers. XRP utility will come in a large part from making exotic FOREX transactions much cheaper. There are unlimited uses for XRP anytime a transaction is required.
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Look at that graph and tell me they aren't trying to push a product to compete against bitcoin. Its so obvious that it hurts almost. If they just want to upgrade their system to transfer money in 4 seconds great. But we don't need to invest in ripple to use it so stop trying to sell us xrp. We will not conform to banks when we are trying to free ourselves from them. People are finally realizing our own money can make money. We dont need to deposit in a bank anymore to get less than 1% interest.
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[deleted]
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Yeah fuck the banks! Unfortunately, until there is a FAR greater worldwide adoption of decentralized currency - the value of all your BTC/ETC whatever coin will be tied to banks and a governed centralized currency. Hopefully this fundamental system change will happen in the next 50-100 years.
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https://mona.co/ https://www.ntrust.com/ Its already just around the corner of mainstream... It might come sooner than you think
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Awesome - but both of those services still rely on banks and a governed centralized currency to give value to the digital currency that they are masking. Yes you can turn your USD into BTC on an exchange, or that card can turn your BTC into USD - but the fact that USD is involved at all is the hang-up.
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That's more of an issue of governace than it is with the coin. If a company would like to pay their employees in bitcoins they are welcome to do so, eliminating the use of banks for their financing. The only reason we are tied to the fiat is because its issued by the governments.
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500 Times faster in losing value.....sigh
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Volatility is the name of the game
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It seems like Ripple has been tacitly setting the stage for pushing XRP on to the regular consumer market recently. This infographic is a perfect example, with it's comparison to BTC, which was always marketed as a decentralized, strictly p2p currency. Their recent focus on decentralization in XRP corroborates this idea.
If this has been part of the plan since the beginning, it is a brilliant strategy. Other cryptocurrency development teams will have felt no urgency to compete against the specs of XRP, because all along it has been marketed toward an entirely different demographic. Now all of a sudden, it seems like there will be another major player in the decentralized currency space. No ICO, no preliminary hype cycle, no pretentious idealism based on only a white paper for months or years before an actual product is released. Just a high performance currency that was previously quiet, suddenly demanding attention and market share.
Building value in XRP absolutely has to happen if it is to be used in the banking industry for mitigating counter party risk. This would be a fantastic approach to doing just that.
Shhhhh!
Not to mention David Schwartz moving to part time at Ripple to start working with third parties on high quality wallets...
I was unaware of this. That is great news. A feature rich, end user wallet app is exactly what xrp is missing if it wants to be adopted by individual users.
So David Schwartz is reducing his employment at Ripple and that is good news? What am I missing?
Can you explain to me how XRP is decentralized? I believe XRP is pre-mined.
It is not decentralized currently. They have recently unveiled their intentions to decentralize it in the future.
Ok I'll put some money in when they decentralize the coin but there's a lot of issues when they do because they're going to piss off a lot of people that already purchased their coin.