Discover and read the best of Twitter Threads about #xrp

Most recents (24)

Must watch!!

#wayfairtrafficking #WayfairGate

Look how many shares of #Wayfair the George #Soros Fund owns!! 😳
John Podesta Emails 👇👇

“Pillow Talk” 😳

Susan Sandler #BLM and Democracy Alliance Connection 😳

#Wayfair #wayfairtrafficking
#BlackLivesMatter #Pizzagate
Read 6 tweets
1/12
My take on the #XRP price explained.

@Kevin_Cage_ @WorkingMoney589 @thebearablebull @BakkupBradley @MoonLamboio @XrpMr @jungleincxrp @HamEggsnSam @digitalassetbuy @LoveForCrypto17 I would love to get your opinion and feedback on this:
2/12
So many people are fixated on the price of #XRP and don't understand why it is not rising. I am going to try and explain what I believe to be true in a way that can be understood by people who know absolutely nothing about finance.
3/12
Visualise the economy as a massive car engine, and #XRP as the oil that lubricates the whole system. Taking away all the friction and making sure everything runs smoothly.
Read 12 tweets
1/ Ripple investor SBI's capital tie-up with Sumitomo portends big things, potentially for XRP, even. There are a number of connected events that bear consideration; an SBI/Sumitomo/#XRP megathread. (sorry 😅)

asia.nikkei.com/Business/Finan…
2/ The specific fund Sumitomo invested in, OpenLegacy, is one used to revitalize aging Japanese banking by supporting API integration of core banking platforms.
SBI invested $20m in January specifically noting banks can integrate with MoneyTap.
verdict.co.uk/retail-banker-…
3/ It's pretty clear Sumitomo is courting a younger online audience by buying 20% of the shares of SBI Neo Mobile Securities sometime in June. Their core clientele is an aging population. Though not announced, MoneyTap would serve them well.
Read 9 tweets
1/ Discussing the velocity of #XRP
In a previous thread, I discussed the difference between a Medium of Exchange (MoE)and a Store of Value(SoV), and how they affect the potential value of an asset.

Today, we look at a third aspect, velocity.
2/ What is the velocity of an asset? It’s the rate at which a unit of an asset changes hands. As a rule,MoEs have extremely high velocity. SoVs have low velocity.This means that people exchange a high velocity asset ASAP for goods & services while hold on to a low velocity asset.
3/ Let’s look at #XRP. It was designed from the ground up as a high velocity asset, to act as a bridge between two assets. #ODL is a use case that was designed to leverage on this property of XRP, not hedge against it.
Read 13 tweets
#Bitcoin wallets, and crypto wallets in general, have a public key and a private key. The public key aka wallet address can be searched on block explorer, it is an open ledger system that allows you to see every wallet and every transaction.
if someone claims that they have large amounts of #Bitcoin, they should be able to produce a wallet address, in which youd be able to see its transactions, and any movement of bitcoin on or off the wallet. You can even see if the wallets are owned by exchanges
if they provide a wallet address but you dont believe it is theirs, ask them to create a wallet and move even a small amount from one wallet to the other. thats the only way to prove ownership. If they cant do any of that, they are bullshitting you
Read 6 tweets
1/ Far too many self taught experts are calling for #Crypto to save us from the current worldwide economic downturn. However, I consider this as nothing more than a pipe dream. Here are my reasons why.

#1 Crypto has zero investor protection
2/ Crypto markets are still the Wild West. Exchanges perform 0 risk assessment before letting people do 100x leveraged trades. There are no circuit breakers. No ban on wash trading, spoofing & exchanges trading against their own customers.
A few hedge funds may dabble in crypto
3/ But such a market isn’t going to make old money pull out from traditional markets & go all in on crypto

#2: None of the projects are ready for prime time

As much as crypto fanatics hate to admit this, it’s the truth. #BTC and #ETH aren’t scalable & are nothing more than PoCs
Read 10 tweets
New Banking Payment Hubs being set up with #XRP

1. Volante +Mulesoft +SalesForce
2. Earthport+ Visa (Blackrock is an investor of Earthport)
3. Temenos +NuoDB + Amazon

#XRPCommunity #ripple #blockchain #fintech
Earthport
Temenos
Read 4 tweets
#Top10 #cryptocurrencies [by #MarketVolume] on the 3rd of April, 2020 according to Dxone Exchange.
Number 10:

#OKB token by @OKEx

It is an #ERC20 token with a market cap of 1,221 Million #USD. It's key utility is discounts on #trading fees, voting rights, ability to invest in #incubated projects and #sharing_revenue.

(Source: cryptobriefing.com/what-is-ok-exc…) via @crypto_briefing
Number 9:

#BNB by @binance

@cz_binance's brainchild, the BNB #token powers everything in the Binance ecosystem. What was once just a #cryptocoin for exchange is a full-fledged #Ethereum competitor and sits at 1,917 Million USD market cap
Read 12 tweets
Trump will start bribing Americans now. It will shut down all dissent.
2) #XRP will become the new dollar. This will come as a massive Trump "stimulus" package and will be framed as "ending the fed."
3) It will never be called #XRP. Instead, you can scan the new dollar bill and turn it into "phoenix" which voids the bill. People will see it as a feature and swoon.
Read 6 tweets
1/ So this is how I see things unfold over the next couple of months.... The #coronavirus will be declared a pandemic (duh!).
2/ Currency/cash notes will be a petridish for the coronavirus and many emerging markets which use cash as a key source for payments (Japan, India and most parts in South East Asia) will be forced to go cashless.
3/ Behind the scenes you will see light crypto regulations going on board worldwide and a level playing field being established to maintain global liquidity, with the stock markets, bonds and shale companies in Texas going down the drain.
Read 16 tweets
Are you pining away your weekend wishing you had more Crypto Experts and Forex Queens in your life? This botnet might be right up your alley. #SundaySpam

cc: @ZellaQuixote
We found a network of 58 accounts with names consisting of "cryptoexp" or "fxqueen" followed by a series of numbers. This network began life using its own custom automation software (cryptwizard), which it replaced with Twuffer and Twittimer following a hiatus in late 2019.
What does this botnet do? Its mission appears to be to link Telegram channels related to cryptocurrency and forex trading; thus far 9852 of 10020 tweets (98.3%) link one of two channels, generally accompanied by hashtag spam.
Read 7 tweets
So, this article I wrote back in December 2017 about @Ripple and #XRP market penetration strategy is gaining traction again, I'll provide a summary at a glance in the following thread. Time is precious & I tend to write long-form so I can share my ideas while saving you 10 mins.
If you agree, “that the value of a network is positively affected by the number of geopolitical dispersed locations it serves and the number of its users” then you agree with Network Effect Theory as per Saloner & Shepard in1992:

nber.org/papers/w4048.p…
Saloner & Shepard discuss ATM technology adoption by commercial banks by arguing there is an incentive to create internal value by increasing access to technology that becomes inherently valuable to the depositors of that system.

More ATM's = higher average chance to deposit $$$
Read 13 tweets
You have to think about this. #Ripple has worked with 50 Central Banks. If they launch their CBDCs' on the ledger, that eats through XRP supply, massively, per David Schwartzs' video 9-10 months ago. There would be no reason why he would provide this content if it wasn't coming.
Open your eyes, and keep a myopic view point to a minimal. "When" (Noted in #WEF20: Tharman Shanmugaratnam: "That doesn't necessarily mean the public sector is going to be the provider of the infrastructure OR THE DIGITAL TOKENS."
they launch their #CBDCs' on the #XRP Ledger, they will have "settlement" capabilities of 4 seconds. They will have the ability to settle cross-border payments in 4 seconds, on top of that, they will have the ability for atomic swaps with #InterLedger.
Read 9 tweets
To all involved in #crypto and not, DO NOT ignore this tweet

I was introduced to #bitcoin and #ethereum 5 years ago.
I even wrote my thesis on tokenizing real assets onto the #blockchain.

All I have to say is #Tezos! See threads below

$xtz #btc #eth #xmr #xrp $trx $btc
1/ #Tezos , #xtz is a decentralized blockchain that governs itself and it establishes a true digital commonwealth.
While #ethereum, is undergoing two fork, $xtz is upgrading its protocol by using voting on the blockchain.
Currently this is the 5th successful upgrade, #Babylon
2/ #Tezos is the first production-scale multi billion dollar asset tokenization project on the #blockchain.
Currently over $5 billion of assets ready in the pipeline for Q1 to be tokenized on the #xtz blockchain.

$btc $ltc $eth $eos $xtz $xmr $xrp $iot $neo $trx $ada $atom $tomo
Read 22 tweets
(1) #XRPCommunity,

Ignore the naysayers! Open your eyes.

The world is about to change drastically.

The dollar is dead. The shift has already occurred behind closed doors.

XRP is the new Standard.

The time is NOW.

The greatest transfer of wealth the world has ever seen😵

⚜️
(2)

Can you see now?

🤫

(3)

The dollar is dead📉

The NEW STANDARD IS HERE.

#XRP
Read 11 tweets
1/ Merry Christmas to all celebrating today! I would like to pick up on a point made in the thread below by @BoulevardLP. H/t to @insideNiMA to getting the ball rolling and @r_ross_campbell for the shout out. Will be curious as to thoughts from @lex_node, @propelforward +others.
2/ First, although the Turnkey Jet no-action letter is helpful (as is the @DLxLawLLP letter for @BuyQuarters), undoubtedly the most developed and relevant statement on this topic from the SEC is their April 2019 Token Framework - sec.gov/corpfin/framew….
3/ In addition, although the term “utility token” is commonly used, I would argue it is very unfortunate and confusing. There is no formal category of “utility token” anywhere in US law. A token (or any other asset) either is or is not a “security”.
Read 8 tweets
1/The following thread contains a fair bit of speculation about #XRP and is not investment advice. Reach your own conclusions:

IMO, a threat to the bridge currency model is the concept of atomic swaps between CBDC ledgers. However, this also brings an opportunity.
2/ When two CBDC ledgers do not have the provision to atomically settle, the role of a bridge currency becomes more important than ever.

Now let’s look at all the CBDC PoCs that have been developed in the past couple of years. @inside_r3 #Corda has been used in many of them.
3/ Not only that, it has also emerged as one of the favorites. In the meantime, the Corda $XRP settler was developed in a hurry right after the R3/ @Ripple settlement. Till date, it’s the only non traditional settlement option on Corda.
Read 8 tweets
#XRPCommunity
1/4
I predict that #Ripple will disappear into the background and of the radar within a few years.

And #XRP will be a silent super power, working its magic behind mobile interfaces and apps.

At least, that’s what all the Banks would like to see happening.
2/4
Even though #ripple is working with them and being compliant - #XRP is a beast which will be hard to control, if the masses knows about it.

Cryptocurrencies by itself is still a valid threat. That’s why they need #xrp RIGHT NOW! Throwing the first punch, before #Libra’like
3/4
Coins are unrolled. And the masses start using it on a global scale.
Before that happens, digital Fiat aka CBDC should be up and running moving frictionless across borders, from P2P!

This puts pressure on all CB’s

Missing this window of opportunity is deadly for THEM!
Read 4 tweets
1/3 CBDC's will NOT be used for cross border txns, they have said this repeatedly and at Swell conference from regulators. CBDC's will be used privtely domestically to hide txns off a public ledger. You will then use a bridge like #XRP to settle along the same rails anywhere
2/3 in the world in any currency. Now you have the security of a blockchain, privacy of a stable coin, and the liquidity and versatility of an asset that levels the playing field for all. Why is #XRP needed? The same reason it's cumbersome to send money cross borders today.
3/3 and the same reason CBDC's do nothing for liquidity, they're simply just the old currencies able to run on new rails and interact with new/other assets. Now do you see why interoperability is so important?
Read 3 tweets
#XRPCommunity

What if...?

What if, it is a slow rise in price?
Well for me personally, it doesnt change anything!
Just like the opposite, if we would get to a 2 digit level before EOY, I would still hold for 2-3 years.
At least until a certain % of derivatives and Securities
are going over the XRPL.

Crossborder is JUST step 1!

I still believe, when the price moves, it will go fast!
Its just uncertain when that first move will come.

2-4 corridors, doing maybe $20-30M a day in total, didnt brought any change in the #XRP price. It actually
Dumped even more!

People could be worried about this.

To me it only tells me, that the #XRPL is made for TRILLIONS a day, not Millions or Billions.

We keep saying it, we're early.
This means:
- Bigger gains
- A longer wait
- You're on the safe/right side of time
Read 5 tweets
While @ work

Decided to take a Intro to Portfolio Risk Management in Python @DataCamp

Gonna apply the lessons to #Bitcoin price from Nov 2014 onwards /thread
@DataCamp General Bitcoin data so far:

Daily average return - 0.2406%

Implied average annualized return - 140.4271%

Standard deviation (volatility measure) - 3.9660

Graph below shows the daily return % on the x-axis plotted against the number of its occurrences on the y-axis $BTC
@DataCamp Does #Bitcoin follow a normal distribution?

For that we will need to measure the tilt of the distribution (Skewness) and the probability of outliers (Kurtosis)

Skewness - 0.2085

Kurtosis - 6.5293

This suggests that the is a greater probability of outliers & +ve returns
Read 27 tweets
While we have been DISTRACTED by the #ImpeachmentScam, there have been many meetings going on re: the urgent restructuring /digitization of our financial system.
Eyes On @Ripple's #XRP, when he says "Its Here"
..they have met with Lagarde, IMF/ ECB, SBI- MAJOR bank deals made. 👀
@Ripple P.S. I am NOT yet convinced of its overall benefit to humanity with all the bank deals being made, nevertheless they are being onboarded, very rapidly replacing #SWIFT.
Many are saying this (#XRP) will somehow be used as a gold bridge asset that will #EndtheFed?
Time will tell!
@Ripple 3/
Very interesting video,
#DYOR
Will XRP help end the fed?
Read 3 tweets
1/ It's quite disheartening to see some in the #XRPcommunity engaging in the same FUD behavior against @vechainofficial #VET as #PoW maximalists did against #XRP a while ago. So I've decided to compile the list of all FUD points, post the equivalent XRP FUD (EXF) and bust the FUD
2/ "Just use a database"
EXF: "Banks will just use SWIFT"

To paraphrase @JoelKatz , if the existing solution was good enough, companies won't be knocking at their doors to implement their solution. Just like SWIFT, using an RDBMS comes with a lot of pain points.
3/ - They are slow and centralized
- version and redundancy management is resource intensive
- They offer no provisions for write operations by unknown actors
- They are not immutable
- Securing them against attacks is difficult and expensive

VeChainThor solves all these issues.
Read 15 tweets
What if?

What if Trump has a Trump Card?
Just a theory, but something to think about…..

What if there really was a Globalist NWO war chest of assets- gold, silver & currency that has been amassed since WWII
by theft & shadow banking practices by the CABAL’s [fraudulent]
2/
International Banking System- stolen from the people & accruing huge interest, while sitting in off-ledger acc’ts. And what if those assets were seized by the Q team/ Military/Trump Administration under EO 12/21/2017?
3/
What if those assets seized - ( totalling maybe in the many quadrillions of dollars) were issued on the XRPL (Distributed Ledger Technology] which is also an Exchange, whereby any asset can be issued & exchanged for any other asset issued on that exchange.
Read 7 tweets

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