Discover and read the best of Twitter Threads about #XRP

Most recents (24)

*******HOLY SHIT moment. ********

*****Massive***** must watch!

I've been doing a deep dive looking into the Xtreme Recovery Plan.
I have found something massive, something Cosmic in scale that if it plays out, would even surpass BG123’s predictions.
1/
2/8

What if……….?????🤔🤔🤔

what if there was a trust account set up by the Globalist Robber Baron Industrialists/Banksters to be a slush fund to bring about their New World Order.
This trust was funded
3/8
by various very lucrative criminal enterprises including money laundering, human, drug, and arms trafficking and fraudulent banking and currency practices over at least 60 years.What if this fund is measured in the Quadrillions of dollars, spread over various offshore,
Read 12 tweets
How to understand the major role #XRP is playing in this coming New World Order, heres an example. Think of a small town of 1000 adults & 5000 kids. The town is so indebted that its about to crash & there will be pain & chaos which would result in the Mayor losing power & control
So the Mayor comes to all the adults and says we are creating a new system to move away from the broken old one. He tells all the adults the plan & tells them a certain rock is what will be used in this new system & all the adults should work with the rock company mining the rock
The adults go & work with the mining company. They are allowed to purchase rocks at a cheap value based on their asset holding & debt ratios. Then the mayor tells the adults what the value of this rock will be in the future so all adults should settle their debts..
Read 10 tweets
Bitcoin maxis & other doom sayers are expecting a massive global economic crash. They are expecting governments to print money into oblivion because this WAS one of the only ways they can save themselves. 10 years ago I agreed with all this. There was just no alternative...
Okay, they could have revalued Gold way higher & fixed some of the issues. But this didnt make much sense because this would mean going backwards to another gold standard era which didnt work before. Also, not every central bank has gold. Would have created more inequality...
I agreed with the Bitcoiners during the early days. Bitcoin was the alternative. Bitcoin was the solution and the future. All that changed when XRP started making moves in the right direction. 2014-2015 XRP did a 180 turn and was more laser focused on rescuing the system...
Read 8 tweets
Bank of Canada has ZERO Gold holdings. How can they go to a gold standard? There are many countries in a similar position. This means they all cant individually declare a gold standard for sound money. The US dollar was once backed by Gold but it was too restrictive & failed...
When the Dollar was no longer backed by Gold, the US made a deal with the Saudi led OPEC. Sell oil only in dollars. Made sense at the time because currencies were already pegged to a gold backed US dollar so now that the gold backing was dropped they could still remain pegged..
Because of the need for US dollars to purchase oil. Being pegged to the USD meant that whatever happens to the US economy, affects everyone, as we see today with the trade war. Also, since the US dollar was both a sovereign currency and the global reserve, this meant the US..
Read 35 tweets
A lot of the discussion around $XRP is about how everyone is waiting for regulatory bodies to classify it as a non-security. And some, like @TheFCA have taken the steps to do this. But that's only one piece of the bigger puzzle.
Of particular interest are the AML5 regulations in the EU, which member states are to implement by 10 Jan 2020, with a crypto specific report to be published by 11 Jan, 2022. See the attached sections:

Source: eur-lex.europa.eu/legal-content/…
Now imagine this.

What if, the goal that @Ripple and their partners are working towards is to get #RippleNet and every Transaction on it using the #XRPL certified as AML5 compliant?

That's a bigger picture view than just getting #XRP classified as a non security.
Read 10 tweets
The FUDsters are back with yet another round of “But $XRP is a security”

@bgarlinghouse & @Ripple are being attacked constantly by these FUDsters to the point where it’s not funny anymore. So let’s take a look at what the @SEC_News themselves say.
Source:sec.gov/corpfin/framew…
Here we see the considerations for an asset to NOT be deemed a security.

“The distributed ledger network and digital asset are fully developed and operational.”

The #XRPL has been fully functional since day 1.
“Holders of the digital asset are immediately able to use it for its intended functionality on the network, particularly where there are built-in incentives to encourage such use.”

Every #XRP bought since day one can be used to participate on the network.
Read 9 tweets
Thread:

If People Can't see what's happening by now in Global Finance they're BLIND

This past year = Largest Mergers/Acquisitions in history in regards to finance

All Surrounding Digital Assets/RTGS/Interoperability

Most If you Dive deep enough surround Ripple & #XRP
Why is it so difficult to find info on #XRP & #Ripple Tech unless deep diving through Bank and FI pdf's? Especially after 2016 time frame.

Ripple was always transparent about who they are working with.

My Opinion: Something huge is coming
What real purpose would Swift have in partnering with R3 (besides what's being fed to the masses via the news). Sure they are trying to stay relevant but there were other options such as Hyperledger etc.

Ripple & XRP will rule exotic corridors ….eventually all corridors.
Read 7 tweets
I'm always struck by the questionable sources (i'm being generous here) spreading FUD about #XRP and @Ripple. Even more so over the last few weeks (Ripple's XRP sales, litigation etc).... thus, I feel compelled to comment
1/ As a defendant in the class action lawsuit, I won't get into the details (response from Ripple is coming soon). I will say: SEC guidance isn't issued by the Commission and isn't law, rule or regulation. It's clear XRP is not a security and the UK and others have said as much.
2/ XRP sales are about helping expand XRP's utility - building RippleNet & supporting other biz building w/XRP ie Dharma & Forte. Reality is we DECREASED our sales by volume Q/Q and since then the inflation rate of XRP circulating supply has been lower than that of BTC and ETH.
Read 4 tweets
1-Declaration of Independence. Ripple Riddle.

Seeing this frame I decided to see what they lost. I let myself be guided by my instinct But rather it seems that destiny enlightens me and I see different. I will look at the currency A simple view of a silver coin with the XRP logo
2-It reminded me of old pirate novels, the typical map with the sign: the X marks the spot, so I searched the net. And I found only this.
3-But if a coin can contain clues, it can contain something else ... so searching and searching takes me to this coin ...
Read 14 tweets
1/ The H1 2019 @ElectricCapital Developer Report is out!

@MariaShen compiled this with data infra built by @jubos and contributions from @puntium and @thuanlee.

We analyzed 22 million commits across 22k+ code repositories. Read it here: medium.com/@ElectricCapit…

Some tidbits 👇
2/ Why study developer ecosystems

Adoption and liquidity require wallets, infra, and apps/services. And engineers follow distribution + revenue, so winning platforms draw more devs. It is as important to understand developer ecosystems as users, miners, exchanges, and regulators
3/ We analyzed 22M commits and 27K repositories.

While network values fell 80%+ from all time highs, overall commit rates across all repositories remained flat.
Read 25 tweets
Here is a collated list of reasons of why it makes sense for
#XRP holders to get exposure to #XDC

xdctalk.org/index.php?/top…
1. XDC was highlighted by Yoshitaka Kitao, CEO of SBI, Board of Directors at Ripple. SBI is the largest external shareholder of R3.
2. XinFin and R3 are actively working together and XinFin brings best enterprise-grade public smart contracts blockchain to bridge enterprise Corda private blockchains
Read 8 tweets
FED PAYMENTS coming……
Here’s why I am totally indifferent to the news about the Fed's Faster Payments initiative.
IMO the future of payments, both domestic and international, the FED is going to become totally irrelevant, redundant, and obsolete.
How can this be you ask?
1/6
2/6
Bc they (Ripple and partners, encouraged by the WH) are building a completely new payments platform on DLT, to replace the legacy Rothschilds banking infrastructure which includes the Fed R, BIS, all Central Banks, World Bank, IMF and SWIFT. Recall that the Federal Reserve
3/6
/CB system no more Federal than Federal Express. It is a privately owned corporation established by the Rothschilds et al.

Alternate pathways on DLT (Ripplenet and the ILP to integrate with other platforms) are being established to integrate with new systems for moving
Read 7 tweets
*Thread*

@diliprao explains in this thread (attached link) the reason behind @CoryTV's tweet on Mastercard acquisition of NETS.

Nets provides infrastructure for clearing and real-time cross-border *payments* (i.e. faster payments).

1/9

2/9

As real-time cross-border payments are not a widely adopted "thing" as of today, banks don't have to rush to find their nostro accounts abroad, in order to have enough liquidity to process payments in the countries of destination, as demanded.
3/9

Instead, what banks do today is:

1)Process payments requested by customers.
2)Delay the crediting of funds to beneficiary.
3)Fund their nostro accounts in the countries of destination (takes 1-3 days), having the certainty if how much liquidity is needed, and
Read 9 tweets
1/ Speculative theory on future XRP price behaviour:

XRP Price Step-Ladder Formation
2/

If there are now quite a few institutions running on xRapid including MoneyGram, that could potentially mean the price is being sustained at a certain range so that minimal price volatility in 3-4 seconds is retained.
3/

There will be a stage in the near future where the current #XRP price range becomes a bottleneck to liquidity to facilitate all the concurrent xRapid transactions because the "size of the pipe" would simply not be large enough.
Read 11 tweets
[1/3] @MoneyGram, world‘s 2nd largest money transmitter, on @Ripple‘s #XRP product xRapid:

(source: seekingalpha.com/amp/article/42…)
[2/3] ...what @Moneygram expects in terms of #xRapid volume growth...
[3/3] ...and Moneygram‘s final take on Ripple‘s #XRP product...
Read 3 tweets
**BREAKING**
Guidance on #Cryptoassets
Feedback and Final Guidance to CP 19/3

July 2019:

Can cryptoassets be used to facilitate regulated payments
services? (Page 39)
Tokens can be used to facilitate regulated payment services such as international money remittance, and we have seen several use cases in the sandbox where unregulated tokens have been used like this to make things cheaper and faster on a small scale.
What this looks like in practice
• Sandbox case study 1. Unregulated tokens can be used to facilitate cross-border payments which are regulated by the FCA such as money remittance services
and this business model has been tested in our regulatory sandbox.
Read 13 tweets
It's all starting to make sense with #XRP to me, unless I'm going crazy. I feel like it is linked to #qanon, @realDonaldTrump, @Lagarde, @chrislarsensf, @JoelKatz, @bgarlinghouse, @yoshitaka_kitao and other major, major high up players.
@realDonaldTrump @Lagarde @chrislarsensf @JoelKatz @bgarlinghouse @yoshitaka_kitao They are revamping the financial system so all of the transactions are on a ledger that everyone can see, unlike fiat. The mainstream media has been blasting Trump over this #RussiaGate thing since his presidency.
@realDonaldTrump @Lagarde @chrislarsensf @JoelKatz @bgarlinghouse @yoshitaka_kitao The CIA controls, and has controlled the mainstream media since the 50's, look up Operation Mockingbird. It's all real. I'll post a link to the video of how the CIA and other major players executed the plan to take over mainstream media below.
Read 20 tweets
Does anyone remember the September 2018 pump of #XRP? the one that went on for 5 days, starting exactly at 12GMT, lasting an hour every time until Friday, when it went on for a few hours and we got the epic candle to 80c?

Let's look into it once more...
Many, including myself had theories about this being utility testing. However, with the release of the Q2 XRP report from @Ripple , I no longer think so.

First, let's look at the reasons why it cannot be utility.
There is currently only one usecase that puts real time buy pressure on the market and that's #xRapid. However,

-xRapid breaks up large sums into smaller orders
- Will have large amounts of payments between exchanges
- Will place orders on Fiat pairs
Read 14 tweets
1/ A lot has been said about the hidden ledger and how test volume is hidden from the public. Some of us put our heads together and have come up with a possible explanation (Thank you RET). It may not be perfect, but it’s an explanation. Here goes:
2/ First, we need to understand what ILP does. ILP allows two institutions to create a private, permissioned ledger to do PAYMENTS. The Tx on it can only be seen by Party A and Party B. Any ILP compliant software can do this.
3/ The XRPL is a singular, public, immutable ledger which allows parties to SETTLE with each other. The Tx on this cannot be hidden as long as XRP flows from wallet A to wallet B.
Read 10 tweets
1/13 | Hello #XRPcommunity! 😊

With June coming up there have been a lot of news recently around the #G20 Summit in Osaka, Japan. 🇯🇵

I dived into the matter to see if something could relate to #XRP, trying to connect dots, so let's have a look. 🧐
2/13 | I was particularly looking at the G20 Finance Ministers and Central Bank Governors Meeting, which takes place in Fukuoka from June 6 - June 9.

Below you can see the detailed track schedule.

Source:
g20fukuoka2019.mof.go.jp/en/outline/pdf…
3/13 | It is interesting to have a look at the countries participating next to the G20 member states.

As you can see, South-East Asia is particularly well-represented with Thailand 🇹🇭, Singapore 🇸🇬, and Vietnam 🇻🇳 participating.

Source:
g20fukuoka2019.mof.go.jp/en/outline/
Read 16 tweets
*THREAD*

1/

On 14/05/19, @bgarlinghouse participated in the "9th High-Level Conference on the International Monetary System" organized by @SNB_BNS_en and @IMFNews to discuss the "Past, Present and Future of the International Monetary System".

Video:
snb.ch/en/ifor/resear…
2/

Key attendees and panelists included:

-Agustin Carstens, BIS Chairman
-Christine Lagarde, IMF Chairwoman
-Tobias Adrian, IMF Director
-Ahmed Abdulkarim, SAMA Governor
-Norman Chan, Hong Kong Monetary Authority Chairman
-Elvira Nabiúllina, Central Bank of Russia Governor
3/

Interesting facts:

1) @bgarlinghouse was the only participant from the private sector. The rest of participants were high executives of different Central Banks and Monetary Authorities.

2) @bgarlinghouse thanked @Lagarde for being included in the conference.
Read 15 tweets
1/15
When #xrp starts being used as a bridge asset as a standard it will be the perfect investment for any savvy investor. Why?

Consider first an investment into stocks. Stocks have over the last hundred years proven to be a great investment, averaging something like
2/15
a 7% yearly return on average adjusted for inflation. But stocks are volatile and companies often fail. They are a high risk investment. Many unforseen events can bring down the business.

Now, consider XRP. Imagine an ecosystem for XRP is being developed.
3/15
This may take some time. At this moment payment providers are using xRapid but banks are not really live yet. Regulations are not clear.

It is thus still risky. Imagine in the future, all regulations are passed and XRP enjoys a good traffic from banks.
Read 15 tweets
1/n Dear Bitcoiners. Next time someone tells you that the #XRP Ledger is more decentralised than #BTC, and you look at them dumbfounded, this is why. The fact this is even contemplated shows the issue. 3-4 mining pools control >51% of the authority
2/ if someone were able to persuade 3-4 key people that a re-org would be a good idea, then it could happen. In this case it is the damage to Binance’s (fine) reputation that would prevent them from doing it. But a malicious actor might not have that concern. With XRP there
3/ is literally no mechanism in the protocol to do a chain re-org. The concept of ‘longest chain wins’ just doesn’t exist on the XRP Ledger. Once a transaction is final (in a few seconds) that is it. It is final. If you wanted to introduce a change to the protocol to ‘unwind’
Read 7 tweets
1/15
@Coil and Amazon 1-click + #XRP

I believe Coil can be a big player in the future. The reason why I’m saying that is because they are solving the friction of purchasing content online to a large extent.

I’d like to draw a comparison to Amazon’s 1-click.
2/15
Amazon’s 1-click has been considered a game changer. That’s because it is very convenient to buy stuff on Amazon once you’ve bought something once and activated 1-click.

You are then more likely to buy on Amazon than other sites because it’s so convenient and quick.
3/15
I personally love that feature on Amazon and ordered more stuff than I should have otherwise.

The opportunity for Coil is to make it as convenient for customers as 1-click is.

To sign up to new homepages for content is time-consuming and inconvenient.
Read 15 tweets

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