Discover and read the best of Twitter Threads about #xrpthestandard

Most recents (12)

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
1/10
xRapid builds liquidity, both from the sender market and receiver market. So if it goes from USD - XRP - MXN it builds liquidity both in USD and MXN. So the competing bridge asset (XLM) has to compete in both markets.
2/10
So, in other words, it would not be enough for XLM to just target some exotic fiat to try to win that market. The total cost will depend on the spread and order book depth of both markets.
3/10
The more liquidity xRapid builds, the harder it will be to compete. First mover advantage is hugely important. If XRP gains billions of volume in a market and XLM has a few million, the software will pick XRP every time, since it’s automatic.
Read 10 tweets
1/9
Ripple and XRP are in a great position now since they have other very influential players pushing their technology.

- The IMF with Christine Lagarde talking about Ripple, telling banks to adopt this new tech or die. I believe the IMF has set up meetings with
2/9
Ripple and central banks as well. At the big meeting with central banks in New York with Ripple, the first presentation was by the IMF.

It would make sense the IMF set this up. How are Ripple otherwise meeting all these central banks? That’s not normal for a startup.
3/9
But to go straight to the top is huge for Ripple. Just look at their deal with the Saudi central bank. This sends a signal to the whole middle East.

- You have the World Bank that recently published an article showing the benefit of Ripple’s system, telling others to join.
Read 9 tweets
SBI Holdings, Inc.
FY2018 Financial Results (Fiscal Year Ended March 31, 2019)
April 26, 2019

Services that SBI Virtual Currencies will Begin Immediately after Changes of Crypto-asset-related Laws and Regulations

#xrp #ripple #xrpcommunity #xrpthestandard #SBI #xrparmy
SBI Holdings, Inc.

April 26, 2019

Money Tap will now consider accepting an investment from U.S. #Ripple, in order to strengthen technical cooperation and the promotion of initiatives related to international remittances

#xrp #xrpcommunity #xrpthestandard #SBI #xrparmy
SBI Holdings, Inc.

April 26, 2019

Full-scale efforts towards increasing financial services using Ripple’s XRP and R3’s Corda

promoting Collaboration Between Ripple and R3,
Companies with Technology Closest to a Global Standard

#xrp #ripple #xrpcommunity #xrpthestandard #SBI
Read 5 tweets
1/15
Today I felt like I was red pilled...

I feel like we’re seeing a genius plan being unfolded in front of our eyes by Ripple...

I thought about Codius and how it could be used on top of XRP to compete with the platform coins.
2/15
I realized that the issue the platform coins will have relates to liquidity and scalability, to a large extent.

Now what did Ripple do?
They focused on XRP as a bridge asset, in the most liquid market, the FX market.

Now, this is my belief:
3/15
I believe there will only be one winner in the bridge asset race in the end. I’ve touched upon this many times.

The reason being; liquidity will go to the asset that is already most liquid automatically on assets with same tech
Read 15 tweets
Today I gave a presentation at the @ethereum core devs meeting in Berlin about Sustainably Funding ETH 1.x/2.0 & why it’s a pandoras box. 🎁

Thread Below 👇 Take cover, because its Knowledge Bombs all the way down!💣🐢💣🐢💣🐢 /1
I peeked inside Pandoras Box 🎁 when I submitted ERC 1789 ( github.com/ethereum/EIPs/… ). In this ERC, i made 3 arguments

1. Why ecosystem stewardship is important
2. Why ecosystem stewardship inflation funding is the right approach
3. How to design it.

/2
Why is it a pandoras box? 🎁

In a system without sybil-resistant identity, there is a “tradeoff between either failing to incentivize legitimate public goods or over-subsidizing plutocracy” @VitalikButerin
/3
Read 42 tweets
How much does DTCC use of DLT depend on ISO20022 adoption? They said they need "data standards to enable compatibility between ledgers" Swift might be driving changes in FIs that make Ripple easier to adopt as they digitalize. #xrpthestandard #xrp assetservicingtimes.com/interviews/int…
DTCC conversion to Swift's ISO20022 occurred last November, setting the stage for greater integration - at least for large companies. Apparently smaller companies struggle with infrastructure to convert to this "rich" ISO. (Also true of TCH, btw). #xrp
Co's can voluntarily reorganize w/ DTCC & ISO20022 with a real-time connection. and test a new DTCC Corporate Action web interface this year. Will the buildout make it more comfortable for co's to adopt Ripple? Interesting .pdf @Fame21Moore
sifma.org/wp-content/upl…
Read 3 tweets
"timeline" for the launch of the Global ILP

I kept reading about the BASEL III Liquidity Standard.

BASEL : Basel III is a global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk.
The original Basel III rule from 2010 required banks to fund themselves with 4.5% of common equity (up from 2% in Basel II)

AND HERE COMES THE FUN PART!

...Banks have to hold a total of 7% CET1 capital ratio, from 2019 onwards"
en.wikipedia.org/wiki/Basel_III
Read 26 tweets
1/ The winning story to talk about is digital vs. paper, not centralized vs. decentralized. That’s what drives adoption. The decentralization will come, eventually, when the time is right. Here are my thoughts on why #XRP is indeed #xrpthestandard. @haydentiff @XRPTrump
2/ #Ripple’s current approach, to work with banks and money transfer agencies for cross-border payments, is truly genius for several reasons. First, they are solving real problems for real people, many of whom are those who need help the most…
3/20 low income people in impoverished regions who get remittances from friends and family abroad. It’s not just an idea being developed, it’s actually in production at countless financial institutions.
Read 20 tweets
Forget about SWIFT/Stellar/IBM & the rest. #Ripple is the chosen 1. #xrp is what will take the financial world forward & bring us to the new world order where artificial intelligence, robots & machines, will be able to make autonomous payments. #XRPthestandard #XRPthebase
If you find yourself doubting, take a step back & have another look at #Ripple. Start again with my tweets on the board of directors at Ripple. Understand that a company is driven by this board. Look at their globalist roots and agenda. Theres no way that #xrp fails. #XRPthebase
To those claiming that #xrp can only reach a certain value after many years are restricting something they understand very little about. All #Ripple needs to do is flip a switch when the time is right and the gnashing of teeth from btc & eth maximalists will commence..
Read 5 tweets
Whoa. If Ripple Co. really thinks paying to get XRP listed is not centralization of a cryptocurrency and/or a "common enterprise" a security, I think very soon they will be proven wrong.

Time to finish that medium post I keep ignoring.
:2: Fuck it. I'm tweeting it.

Here is the headline + introduction.
:3: XRP is a security. Ripple Co is the issuer. Brad Garlinghouse, Chris Larsen, and other Ripple Co executives are subject to the anti-fraud laws under SEC jurisdiction.

Including those tweets above and many more.
Read 31 tweets

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