Bitcoin Forum

Impressive!!

@sbigroup offers real-time #remittance payments between Japan and Thailand using @Ripple's #blockchain tech!
https://www.afp.com/en/news/1316/ripples-blockchain-solution-powers-instant-remittances-sbi-remit-siam-commercial-bank (https://www.afp.com/en/news/1316/ripples-blockchain-solution-powers-instant-remittances-sbi-remit-siam-commercial-bank)

No it won't

Well it's well on its way, it's already hated by a large majority of people. lol

Big things coming..https://www.dashforcenews.com/ripple-enable-2-5-second-japan-thailand-bank-transfers-gateways-integrate-dash/
 ;D

Ripple is the most regulation friendly crypto (that just happens to have reversible transactions ;)) Of the cryptos that are viable right now and actually have a chance to be adopted by corporate America, it would be either Ripple or Ethereum. Ripple seems the most likely though; the gateways are points of centralization, something that traditional finance actually appreciates. It's easier to assign liability to a central point of failure :) Ripple, now that you have said it really does remind me of Paypal.


Paypal is Voldemort >:( they held a lot of my money for a very long time.

So you expect we will see a huge war going on between PayPal and Ripple? To replace someone you need to defeat it. And Paypall is so strong it will take a hell of a fight. You see Ripple that strong? Ripples centralization is a huge vulnerability. When Paypal pressure on Governments and politicians that are on Paypal playlist ti start closing Ripple offices one by one.

I dont think we will see much of a fight to be honest.




Any reason?

fingers crossed that youre right  ;D

no. ripple will just be better.

I really don't think ripple will replace PayPal even though any strong speculation .paypal hold is customer value not only because offshore transaction it gives end to end but s Curitiba.

There are two things to Ripple. Ripple the blockchain and Ripple the coin.

Ripple the blockchain might be used by banks as a way of "fork" or to use the blockchain verbatim. The transferred token can be Ripple the coin or others. So when talking about Ripple advancement we need to distinguish between the two. When not mentioned, we might want to assume it's the Ripple blockchain technology they are using but not the Ripple coin. It's like hey everyone is using blockchain != bitcoin rise (though it's related)

That is a bad thing.. And it's already true  :D

ripple is just the continuation of the already existing central banks, making them pretend to become more efficient, all talk about ripple beeing undervalued is in my oppinion complete useless because the people that created and control ripple are the same that controll the existing global lead currencies, ripple cant therefore not be undervalued or overvalued it is just a tool of the bankers if they want it to have a different value they will achieve it. but the truth is that bankers arent some friendly guys trying to be efficient and good servants, they are basically those that rule the so called "free" society. And ripple is another attempt to continue their rule.

and no ripple will not be the new paypal in the world, because paypal became big in an environment in which there where no alternatives to nation state bankers, paypal adapted to this environment and became a broker in it. ripple becoming the new paypal is the dream the bankers have with it, but there are many alternatives to ripple and the nation state currencies now. and this is why ripple will not become the new paypal. maybe ripple will be a paypal for the money the nation-state banker kartells have created but in the upcomming world their kartells might be much less significant, so the paypal of tomorrow will not be as big as the paypal of yesterday.

you just cant trust ripple, so no its not in the same class as paypal. It may eclipse them at some point but fundamentally they are oranges and apples. You have Elon Musk revolutionary entrepreneur and then you have banks. Nothing new, just another way to xfer your money around. It might be decent technology but the people running it are just the worst. So in some ways you are correct, it may revolutionize the way we send and spend money, but you are wrong in the sense of their leadership and how they operate.

tldr they are 50% the new paypal. morally not, but revolutionary ways yes.

Lets not forget Ripple has direct competition with Nem. Nem is used in 140 Japanese banks and serves a similar function to ripple. Oh and the devs don't own 60% of it. I think ripple is great and there is no reason not to invest in both. From what I understand it only costs a few ripple to send millions around the world. Good for banks but bad if you want the coin to rise in value

BITCOIN is actualy the new Paypal in the world

Problem is bitcoin fees are still high, confirmation times take too long and it doesn't scale like paypal does. I don't think ripple is the solution though.

i think this is a good news to ripple if more and more banks become to used ripple as their interexchange currency ripple will be more popular

But this may all change in the coming weeks to month. With the implementation of segwit the fees may get reduced and same with confirmation times. Bitcoin is the king of cryptos, hopefully it can stay that way come sometime August. Only time will tell

Bitcoin isn't paypal I agree bitcoin is still the biggest cryptocurrency. When ripple works together with banking industry and apply most centralistic pattern or application, sooner or later the cryptocummunity will leave the coins. The coin may be good for banking customers. I say that ripple price is stuck not jump in few months , the supply is also high expecting profit from ripple in the near future , ehm I think I choose other altcoins to invest.

PayPal is not a currency.
So the comparison is dumb.
Ripple can barely be called one.
Ripple is possibly the most retarded heap of scammy shit in crypto history.
It boggles the mind how you all started supporting it many years after the fact.

The list of problems with it are staggering.
And they have been posted endlessly for years.

In other words.. It's popular  ::)

..just like Paypal :D

PS:
How many idiots know PayPal + Crypto shit is against their TOS?
Had your account seized?

You wouldn't know though because the staff have an entire forum section where they allow people to do it ::)

How Ripple will be the next PayPal in the world while the Bitcoin is booming in a successful way. Bitcoin transactions are completed within 10 minutes world wide.

So, by centralising management, creating more layers using banks, and allowing reversible transactions, Ripple is doing better than other crypto? Isn't the many flaws of Paypal one of the reasons people are switching to crypto? How does emulating and then replacing Paypal make it good news?

Op thank you for this information but replace mean something is setting aside for something better. I think both PayPal and ripple will do well standing alone. PayPal has not been doing bad and I will advise ripple to copy some of PayPal features in other to become successful especially trust feature and security.