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Author Topic: Believe in the Use Case  (Read 167 times)
Hodor7777 (OP)
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August 11, 2019, 04:24:51 PM
 #1



Blog Location:    https://coil.com/p/Hodor/Believe-in-the-Use-Case/wVlly8kWp

𝐓𝐡𝐞 𝐮𝐬𝐞 𝐜𝐚𝐬𝐞 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐤𝐢𝐧𝐠, and there is one digital asset positioned for globally-scoped levels of usage and transactions.  Learn more, and find out my take on all the latest news affecting XRP in today's blog.

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Xpring fund Equilibrium, a company that will make participation in ILP much more easy for stakeholders; Coins.ph releases a video celebrating its RemTech Award and profiling its use of digital assets; Xendpay re-affirms its use of Ripple technology, this time for a Kenya corridor; and FortePlatform makes headlines in a new interview.

𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Cinnamon formally announces a soft test release of its video streaming platform.

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Six independent websites exist where stakeholders can access information about validators on the recommended UNL; @hmatejx announces that he's going to create an automatic tool for tracking xRapid usage; Blockdaemon announces outsourcing service for businesses wanting to run an XRP Validator; and Poloniex adds new stablecoin pairings for XRP.

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


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X-ray
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August 11, 2019, 04:34:45 PM
Last edit: August 12, 2019, 11:16:45 PM by X-ray
 #2

According to your article and im taking one of your sentence
Quote
currently used as a bridge asset for cross-border transactions
Is that what you have called that as a real use case? I think if that is not related to the utility usage of the coin.
isn't ripple use case will be pegged to the another platform? 

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August 12, 2019, 10:16:35 AM
 #3

people who are in cryptocurrency world care about two things only. profit or decentralization. neither of which can be satisfied with XRP since it is centralized and also not profitable anymore since it stopped pumping and have been dumped for the past 2 years.

that is why there isn't any real world use cases either. those who care about decentralization stick to the decentralized coins instead. and those who care about profit don't touch coins outside of exchanges.

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Hodor7777 (OP)
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August 16, 2019, 01:32:10 AM
 #4

people who are in cryptocurrency world care about two things only. profit or decentralization. neither of which can be satisfied with XRP since it is centralized and also not profitable anymore since it stopped pumping and have been dumped for the past 2 years.

that is why there isn't any real world use cases either. those who care about decentralization stick to the decentralized coins instead. and those who care about profit don't touch coins outside of exchanges.



Hi Red-Apple, XRP is decentralized.  It's a minority operator on both the 'recommended' UNL and the non-recommended UNL.

Source:  https://minivalist.cinn.app/

Hodor7777 (OP)
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August 16, 2019, 01:33:54 AM
 #5

According to your article and im taking one of your sentence
Quote
currently used as a bridge asset for cross-border transactions
Is that what you have called that as a real use case? I think if that is not related to the utility usage of the coin.
isn't ripple use case will be pegged to the another platform? 




There are multiple definitions of 'use case' and also the granularity of what constitutes a use case.

Because of this issue, I'll just stated that I'm using the term to mean 'business use' more so than the technical term 'use case' as in 'incapsulated function that can be called.' 

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August 22, 2019, 09:46:21 PM
 #6

I have read that for Real-time Cross-Border Payments Xendpay has Joined  RippleNet

https://btcmanager.com/xendpay-ripplenet-real-time-cross-border-payments/?q=/xendpay-ripplenet-real-time-cross-border-payments/&utm_source=Facebook&utm_medium=socialpush&utm_campaign=SNAP&fbclid=IwAR3yu8MUAhGdOTHyg7eT5_vs2wCpvbI35t3bsaKk0UL8iPB9EccQQd1F0oM
jagaban
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August 22, 2019, 11:33:51 PM
 #7

The "use case" won't make much difference if the number of people using it is just a handful.
I have been holding ripple since 2018 and up till now, the price is stagnant. That shows that its adoption is not fully mainstream yet despite all its major partnerships

Hodor7777 (OP)
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August 28, 2019, 07:25:39 PM
 #8

That shows that its adoption is not fully mainstream yet despite all its major partnerships

No.  All it shows is that the market is irrational, which most of us here in crypto already know.   Cool

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