Digital asset researcher. https://t.co/mFXDJLW9qc Focus On Utility. I AM Not A Financial Advisor.
Jan 14, 2023 • 4 tweets • 1 min read
The only thing I really believe in is that the whales need to make retail think the opposite will happen at bottom/tops.
Why? To make as much money as possible they need retail to sell to them at bottoms and buy from them at tops.
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This is why I think following the sentiment works so well. It’s also really hard to quantify sentiment on Twitter in an accurate way. So it has to be done mostly qualitatively.
I don’t really care where people think markets will go since markets discounts the future 2/4
Oct 31, 2022 • 7 tweets • 6 min read
Bob Way wrote extensively about the important role of market makers for XRP and especially ODL.
I'd recommend everyone to read through these slides. I know it's quite a lot, so it's not for the lazy, but really important to understand role of MM:
Schwartz reveals the secret sauce!! Is his long-term vision of global $XRP liquidity pools about to come true soon? (not clickbait)
A thread 🧵 /1
Remember this tweet back in July?
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Jul 23, 2022 • 15 tweets • 5 min read
BIS released their report "A Future Monetary System" in June of 2022.
It contained some heavy critiques against crypto... but I would make the argument that if there's one crypto that could pass standards, it's $XRP and perhaps $XLM.
A thread 🧵 1/15
I would start off with a controversial statement and that is that in my opinion, there is an element of XRPL being "permissioned" as far as validators goes.
.@Ripple just redesigned their website and I'd like to focus on the largest difference.
There is now more of a full focus on crypto. This is the first thing you see on the homepage: ripple.com
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First text you see when you scroll down.
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Apr 29, 2022 • 4 tweets • 1 min read
This is my view of a crypto simply existing as a store of value, a hypothetical scenario:
- Let’s say a crypto is too slow, high fees, to be used as currency. But people can buy it and store it for years and years. 1/4
Then we have another crypto that is super fast, low fees, so it can be used for a multitude of use cases: Bridge asset, currency etc meaning Trillions in daily volume. 2/4
Apr 14, 2022 • 11 tweets • 4 min read
WadzPay and Algorand synergy. Thread 🧵
It has been a couple of days since the partnership was announced. If you're looking for what I believe is one of the most interesting partnerships in crypto, read this /1
I believe this will be a close partnership. The reason why I believe so is firstly because they put WadzPay and Algorand together on WadzPay's social media and Linkedin. /2
Apr 13, 2022 • 5 tweets • 2 min read
How deep will the collaboration between WadzPay and Algorand be when you have this picture on WadzPay’s Linkedin page? 🤔
Could CBDCs have a lot to do with the partnership?
Both Algorand and WadzPay have a focus on CBDCs.
Mar 16, 2022 • 4 tweets • 2 min read
1/4 Michael Warren appointed to Ripple's board of directors, another person tied to the US government. What's going on? Let's look at the last four additions.
Isn’t it funny how BTC and Ether are the only coins given legal clarity in the US, when the IMF just recently came out with a report harshly criticizing proof of work and also proof of stake.
Then the SEC sued the favourite of IMF, BIS, WEF, CB, claiming it to be a security.
Why? Well... Ripplenet & XRP removes the need for correspondent banking, which is a huge revenue source for a few mega banks.
Jan 9, 2022 • 7 tweets • 4 min read
Why I'm super bullish on $XRP right now.
It was confirmed that when they mention instant settlement, that has to include XRP in Ripplenet. I wasn't sure if that could achieved with traditional nostro/vostro but apparently not. It HAS to include XRP settlement.
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Finastra has a solution called "Ripplenet via Fushion Total Messaging" where Finastra's customers can implement Ripplenet. finastra.com/sites/default/…
It's clear that emphasis is on instant settlement. It thus has to mean settling using XRP.
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Jan 8, 2022 • 4 tweets • 1 min read
I believe Gilbert Verdian understands the large financial institutions and their needs from the inside... and this being what separates Quant from other projects.
A programmer, security expert with experience from huge institutions.
Even in the case of Ripple, he met them first in 2013 when they were working with Westpac.. and he saw the isdues they had connecting with the bank systems. 1/3
Transformer + XinFin. To translate SWIFT messages.
Follow the timeline. Surely all just coincidences, right? 🐇
Jan 9, 2020 • 11 tweets • 2 min read
1/ This is my Ripple conspiracy theory and their big connections with central banks and the IMF.
I’m just going to be blunt. Maybe I’m right.. maybe I’m wrong.. but I don’t believe the largest banks like Citi really likes Ripple that much, along with XRP..
2/ Reason I’m saying this is firstly because Asheesh Birla has said Citi told them that they are their enemy on a meeting.
Why I think this is so? Ripple along with XRP brings disruption... the flow of funds won’t be controlled by the largest banks with Ripplenet
Oct 3, 2019 • 9 tweets • 2 min read
1/ Warning: Very speculative.
This is how I could imagine SWIFT playing the game: Even though it is a cooperative of banks it seems they are working in competition to Ripple. Gottfried creating SWIFT gpi instead of working with Ripple is one example.
2/ The issue for SWIFT is that Ripple offers the full package, could entirely replace SWIFT. It seems SWIFT gpi has become a lot more competitive to xCurrent lately. A fire was lit under their ass by Ripple.
May 15, 2019 • 15 tweets • 3 min read
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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
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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.
May 9, 2019 • 10 tweets • 2 min read
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.
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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.
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.
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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.
Apr 27, 2019 • 9 tweets • 2 min read
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.
Apr 25, 2019 • 15 tweets • 4 min read
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The case for XRP as a world reserve currency.
What are the goals for Ripple when it comes to XRP?
At Ripple Insights we can read:
”We remain more commited than ever to the simple goal of making XRP the world’s reserve digital currency.”
Now, what does this actually mean?
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What does being a world reserve currency include?
It has 2 parts.
- ”held in significant quantities by governments and institutions as part of their foreign exchange reserves.”
- ”commonly used in international transactions, international investments and all aspects