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    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 02/25/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 02/25/18 [Questions and Price Predictions]

    February 25, 2018

    Ripple Daily Ripple/XRP Discussion Thread 02/25/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 02/25/18 [Questions and Price Predictions]

    Posted: 25 Feb 2018 12:14 AM PST

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    Ripple and AirBnb Partnership? Institutional Capital, and Cuallet

    Posted: 25 Feb 2018 11:05 AM PST

    Forget money transfer. Ripple/XRP and the big fish.

    Posted: 25 Feb 2018 02:16 AM PST

    I am not reporting any news. This is just a theoretical discussion. I came across this link in the xrpchat forum.

    It is a visualization of all money in existence. http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/ It really gives perspective on Ripple's (and blockchain's) potential applications.

    If anyone is courageous enough to go through all of it, you will see how tiny Bitcoin is compared to all the money in existence, that it's almost laughable (and Ripple is much smaller). People quote all day about total daily Swift transfers and what would be the price of Ripple if it would capture 10% of that blah blah blah. Boooring.

    The key word here is payments. Payments are necessary to buy or sell (or move) any asset. Let's take a look at potential payments that blockchain (and Ripple) could serve:

    1. "The market capitalization of all of the world's stock market is equal to $73 trillions". Here is a market for you. Buying and selling of stocks, globally. Currently settles in 3 days. How would you like to speed things up a bit?

    2. The world's gold. Worth $7.7 trillion. Ripple and/or Blockchain-powered precious metals exchanges?

    3. Global money supply: Narrow money $36.8 trillion, Broad money $90.4 trillion. Who controls the money supply? Central banks. How can the inject to or withdraw money from the circulation? Using blockchain technology. Why would they need to do it faster? I don't know, perhaps because if you bail out a bank on Friday evening it might cost $10 billion but if you bail out the same bank on Monday morning it might cost $100 billion.

    4. Global debt - currently at $215 trillion - 325% (yes, you read that correctly) of world GDP. That includes private and public debt. Who issues public debt? Governments. How can they get paid? Using blockchain technology and/or Ripple. What is wrong with the current system? Well you need to pay Goldman Sachs a fuckton of money to distribute those bonds. How can governments pay their monthly, 3-month, 6-month installments or for bonds maturing? Using blockchain technology and/or Ripple. Same for private debt: credit card payments, mortgage payments, corporate bonds. You can pay for it or receive payment for it using Ripple and/or blockchain.

    5. Global real estate - Valued at $217 trillion. I won't get into this too much because it's very much related to mortgages and loans and the role of the banks in that respect isn't going away anytime soon. However, think for a minute how many payments that sum accounts for globally, if individuals/businesses are making or receiving payments for a property they buy, sell or lease (it's cross-border if the owner is overseas)

    6. Last but not least. Derivatives. Currently valued at "it's so fuckin' much that nobody fuckin' knows". Includes futures contracts, forward contracts, options, warrants and swaps. Low end estimate: $544 trillion. High end estimate: $1.2 QUADRILLION. Sorry for the caps. Yes, you read that correctly. Currently settles at: 3 days. Wanna speed things up a bit? Are XRP's used to buy or sell derivatives at the moment? No. Can they be used in the future? You bet.

    So for anyone courageous enough to read the whole visualization, did you see how tiny Bitcoin is compared to global stock markets, gold, global money supply, global debt, global real estate, and derivatives market? And all of this does not include business payments and peer-to-peer payments (hopefully someone can give us the numbers for that too).

    Now think that Ripple/XRP is a fraction of Bitcoin. Look me in the eye and tell me its value will not go up if/when it gets adopted. I won't believe you.

    submitted by /u/kramun
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    Fashion TV accepts XRP as payment!

    Posted: 25 Feb 2018 03:21 AM PST

    http://www.ftv.com/c/

    Not sure if it has been posted anywhere, but I just saw an advertisement on Fashion TV where Ripple was listed along Bitcoin, Ethereum and Litecoin as a payment for advertising services.

    Not only lambo, lambo with a Victoria's Secret lingerie model inside boys!

    submitted by /u/kramun
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    Comprehensive Ripple Guide for Beginners to Experts

    Posted: 25 Feb 2018 03:23 PM PST

    WU and MG: Banks use them for International Remittance.

    Posted: 25 Feb 2018 05:24 AM PST

    Western Union and Moneygram both offer international payments, not only for retail customers but also business customers.

    http://business.westernunion.com.au/International-Payments

    http://corporate.moneygram.com/products-and-services/banking-solutions

    There are many smaller FI's/Banks utilising these services instead of going through SWIFT and getting pillaged with fees.

    With the super-low fees that xRapid is able to offer (not to mention super-speed), it's easy to imagine (speculate if you like) that both companies will go to market with their new super-fast, super-cheap options and likely increase their payment volumes.

    More volume is a good thing for XRP.

    Going to be an interesting year for XRP.

    Time for XRP to shine in 2018!

    submitted by /u/dadofzara
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    Ripple plan: how xCurrent will ultimately lead to xRapid usage

    Posted: 24 Feb 2018 11:00 PM PST

    Just wanted the re-propose these three articles posted some time ago, for those who think news partners using "just" xCurrent are actually NOT good news.

    Ripple posted three articles explaining their business plan wich ultimately will lead to the usage of xRapid (yes using XRP):

    https://ripple.com/insights/much-ado-much-to-do-part-1/

    https://ripple.com/insights/much-ado-much-part2/ this is about getting new customers to use xCurrent

    https://ripple.com/insights/much-ado-much-to-do-part-3/ this is how to pass from xCurrent to xRapid

    submitted by /u/h14n2
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