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    Tuesday, July 3, 2018

    Ripple Daily Ripple/XRP Discussion Thread 07/04/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 07/04/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 07/04/18 [Questions and Price Predictions]

    Posted: 03 Jul 2018 09:07 PM PDT

    Hello! It's Wednesday. Welcome to our daily discussion thread.

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    Independent Reserve Launches Ripple in Australia

    Posted: 03 Jul 2018 04:56 PM PDT

    The big 3?

    Posted: 03 Jul 2018 08:13 AM PDT

    We all want to see XRP moon but there are significant barriers to that. However, there are three recent developments in the last month that make me think it is a real possibility. 1. SEC speech suggesting that a coin which may be deemed a security can move away from that classification via decentralization. This is in line with Ripple's plans for XRP and substantiated by the recent addition of 3rd party validators to XRP ledger 2. SBI going fully live later this month. That could potentially bring more users to XRP via fiat parings than even Coinbase. 3. XRP added to Armstrong's charity. The fact that the CEO of Coinbase is accepting XRP to his charity cannot be viewed as anything other than his warming up to it. Given the obvious influence he has over Coinbase, it isn't unreasonable to think it could be listed there soon as well. I realize there is a good deal that needs to go right here, but it is hard to ignore the signs!

    submitted by /u/miguelmeloan
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    Ledger U2F Integration Demo: Securely Send XRP Payments From Your Browser

    Posted: 03 Jul 2018 03:40 AM PDT

    The hypothetical need to not exchange XRP for Fiat?

    Posted: 03 Jul 2018 12:54 PM PDT

    All of this assumes that Ripple executes its plan perfectly and almost all banks adopt xCurrent, then xRapid.
    Would there be a time in the future when the need to exchange XRP for local fiat would just not make sense? The banks would hypothetically be sending and receiving so much XRP that they would use it as medium of exchange.

    Using the US dollar as an example: Zerp(a fictional character) receives $100 cash from his Grandmother for his Birthday. He takes that $100 and deposits it at his local credit union. Now, it's not like the bank takes that money and puts into a vault for Zerp, they credit his account and use the physical cash in their day to day operations.

    Now the real hypothetical question is: If banks don't always need to exchange their XRP for a local fiat currency, because they are going to use it for another transfer that day and they have local currency to use for their cash operation, where would the value of XRP be derived from? Would all other currencies be measured in the amount of XRP they are worth, like the US dollar?

    edit:formatting

    submitted by /u/RovingSign
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    Check this out!! Trive is Fighting Fake News

    Posted: 03 Jul 2018 09:34 AM PDT

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