XRP used by R3's Corda Settler!!!!

[xrpholder1982]

https://www.coindesk.com/r3s-new-corda-app-supports-payments-in-xrp-cryptocurrency

Wow, an entity with no direct relationship to Ripple has decided XRP is the obvious choice for settling cross-border payments across their MASSIVE network of partners! Massive news, buy and hold for 4-5 years folks and don't touch it!  This also builds an even stronger argument against XRP being a security.  Even if the US SEC drags its feet on regulation XRP can facilitate remittences through Asia and Middle East improving the lives of millions of those under the poverty line.  This group of people living at or below the poverty line are paying as much as 20-30% in remittence fees- its horrible.  XRP will enable fees to come down to less than 1%.  Incredible.  The "internet of value" will be a real thing thanks to the amazing community at Ripple with XRP as a powerful TOOL enabling this new paradigm.  Its now easy to imagine a world where money moves as quickly and inexpensively as information does today all while not destroying the planet. 

[xrpholder1982]

Also, when reviewing their enterprise partners you'll need to keep clicking on "more" about 7-8 times, lol.

https://www.r3.com/ecosystem/

[covfefe_]

Ripple team has been successful to attract established companies and it's specially focusing on money transfer. A direct threat to western union to Paypal. They can solve a problem of excessive coming in and going out of money by being a mediator in every ins and outs and having the transfer on there ledger before settling the actual money. 

[xrpholder1982]

Ripple team has been successful to attract established companies and it's specially focusing on money transfer. A direct threat to western union to Paypal. They can solve a problem of excessive coming in and going out of money by being a mediator in every ins and outs and having the transfer on there ledger before settling the actual money. 

Correct, Ripple's InterLedger Protocol and R3's Corda are the new digital rails. They are interoperable meaning you can settle in BTC, XRP or even FIAT.  XRP happens to be the fastest, cheapest and most secure train running on those rails.  It's obvious why Ripple would want customers to settle in XRP but for an independent company like R3 to choose XRP independently is validation that XRP has no equal when it comes to settling value.  XRP will be the global standard for cross border payments.  It's designed to be run in the background mostly B2B and not a customer facing tool, at least not yet.  I've been confident in this for the past 18 months but this morning more than ever.  I suspect whales have setup massive sell walls to keep the price down as seen on bitstamp to accumulate for as long as possible.  Buy XRP now and sell no sooner than 2022 and you'll be very glad you did.  The internet of value is worth many Trillions of dollars and XRP is a critical tool in solving for this! 

[xrpholder1982]

Oh and I should clarify that they bring the most value to cross-border payments not domestic payments.  In the US the ACH system isn't great but its also not horrible.  With cross border payments XRP is saving remittence companies 40-70% and are bringing instant settlement with full transparency.  Its a totally different user experience.  For domestic payments such as PayPal they will eventually penetrate that market but its down the road.  In Japan and S Korea though they will be overhauling both domestic and cross border infrastructure and payments thanks largely to the SBI partnership.

[ned.ryerson]

Looks like some sort of Ripple marketing. Are you a marketing agent?  Every cryptocurrency enthusiast knows that we can't trust this coin

[xrpholder1982]

Looks like some sort of Ripple marketing. Are you a marketing agent?  Every cryptocurrency enthusiast knows that we can't trust this coin

haha, no I work in hedge fund technology sales and am just a very enthusiastic fan of blockchain and digital assets.  A couple of my clients who do really intensive fundamental research led me to XRP last July.  My portfolio is 70% XRP, 15% FCT and 15% NEO.  Can you please elaborate on why XRP can't be trusted?  Based on my research Ripple have done a fantastic job decentralizing the XRP ledger to where they only control 7% of the validators and only 25% of the UNL's.  Also, with the 55 Billion in escrow and them only legally allowed to release 1B per month for sale they have very little "control" at this point.  Interestingly, the ledger is public and their quarterly XRP report is totally verifiable.  Last Q their institutional sales of XRP were up over 400% so I'm not sure why XRP cannot be trusted.  Please let me know. 

[xrpholder1982]

Looks like some sort of Ripple marketing. Are you a marketing agent?  Every cryptocurrency enthusiast knows that we can't trust this coin

Sorry if I wasn't clear, can you please refute any of the above I've stated?  Why can't XRP be trusted? Please include sources.  Thanks in advance. 

[karramov]

Big events will take place in the new year. We are waiting for a lot of interesting things. I think these coins will become even more popular

[poodle63]

Looks like some sort of Ripple marketing. Are you a marketing agent?  Every cryptocurrency enthusiast knows that we can't trust this coin

Sorry if I wasn't clear, can you please refute any of the above I've stated?  Why can't XRP be trusted? Please include sources.  Thanks in advance. 

I can be trusted but most of people are feeling skeptical about ripple because it was using the power from the bankers to support the platform. I thought the hater will never believe until there will be a real implementation for ripple. that's what i thought about that

[xrpholder1982]

Looks like some sort of Ripple marketing. Are you a marketing agent?   Every cryptocurrency enthusiast knows that we can't trust this coin

Sorry if I wasn't clear, can you please refute any of the above I've stated?  Why can't XRP be trusted? Please include sources.  Thanks in advance.  

most of people are feeling skeptical about ripple because it was using the power from the bankers to support the platform.

The only way XRP flourishes and is adopted is if it solves a real-world problem.  XRP and Ripple are separate.  Ripple can do well as a company selling payments technology software and XRP, the digital asset, can still fail.  I would argue that demonstrating 40-70% savings over current SWIFT enabled payments and eliminating the need for nostro/vostro accounts (10-27 TRILLION dollars) around the world is a very strong case for the usefulness of XRP.  Also, banks won't even be the first adopters of XRP in their payment flows its the remittence firms.  If your skepticism is rooted in support from the "bankers" would you expect the banks to be the first to use XRP?  Also, if this was the case wouldn't you have expected these mysterious banks of influence to have already influenced the SEC into a non-security official designation?  Even though that's never how it would happen. 

[Mt. Dempo]

ripple's enthusiasm and effort to be a pioneer and the best is an action that must be respected, but to this day I have not seen any tangible results from all their hard work. it seems like it takes time to reach and prove it, so we just wait.

[Kryten12]

I am constanty impressed with the steady increase of partnerships and usage clients that Ripple is accumulating. The coin has its haters as it is not the purists coin but I am more interested in the fact it is Blockchain being adopted by major customers.

[xrpholder1982]

I am constanty impressed with the steady increase of partnerships and usage clients that Ripple is accumulating. The coin has its haters as it is not the purists coin but I am more interested in the fact it is Blockchain being adopted by major customers.

I completely agree but as an XRP holder I must admit that it's really wonderful to see a totally independent company like R3 make such a bold commitment to expanding the XRP ecosystem.  With so many new, independent companies and people working on the XRP ecosystem its obvious that XRP is much, much more than a fundraiser for Ripple- something so many "purists" feel is something to worry about.  This new development builds an even stronger case that XRP is decentralized.  Ripple already only controls 7% of the network.  I'd imagine fun bingo below will be updated with these new developments!

https://fudbingo.com

[Conte_Forni]

This will be a great achievement, I think we can no longer reject the fact that XRP deserves attention and we all need to consider the potential of this coin. Therefore, I personally began to study all that relates to XRP, although I have not yet perceived these coins recently.

[xrpholder1982]

This will be a great achievement, I think we can no longer reject the fact that XRP deserves attention and we all need to consider the potential of this coin. Therefore, I personally began to study all that relates to XRP, although I have not yet perceived these coins recently.

It's unfortunate that so much of the cryptocurrency space focused on us vs them.  Ripple has an incredible vision for creating the internet of value.  They created very interoperable software in the ILP and they don't require you to use XRP.  They just know that it will be used because its the fastest, cheapest and most secure digital asset. The evidence of this is in R3 choosing XRP because its the fastest, cheapest and most secure digital asset.  Even with the disagreements Ripple had with R3 they chose XRP to settle payments on their platform because its the best. 

[tterrorpipa]

We still can't see the full picture of ripple. But the future is bright for this coin. Ripple successfully kick ethereum coin to its second rank. This coin is a must hold for a long term.

[Deagle21]

another very strong event for the ripple. This year, this coin showed itself the best way from the top 10 coins.

[letyouearn]

Cool news for Ripple holders XRP is looking good now - even this dramatic dump couldn't affect its positions, that's clearly a good sign. This coin looks strong now and is potentially good for investing.