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Author Topic: Ripple (XRP) will complete global expansion into 195 countries by 2021  (Read 188 times)
TheCryptocurrencyPortal (OP)
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October 01, 2020, 11:12:17 PM
Merited by TimeTeller (1)
 #1

Ripple (XRP) will complete global expansion into 195 countries by 2021

Check out the discussion here: https://www.youtube.com/watch?v=YXvt-pPNqrg

Ripple has more than 350 partners worldwide who use the company’s payment technologies to process cross-border payments inexpensively and in a short time. Ripple employs more than 500 people worldwide and is currently striving to further expand its own presence, especially in Asia. In an exciting interview, Marcus Treacher now gave an outlook on the company’s future expansion efforts.
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October 01, 2020, 11:12:59 PM
 #2

I like ripple the fact that their transaction fees is really really cheap.
And I think that is one major advantage of this coin to be one of the top crypto payment options.
However, since it is centralized, we also need to be careful in holding large amounts of this coin.
Let us hope that there will be no problem in their management side because if one large stakeholder decided to get out, we won't know what will happen to this coin.
Expansion is really needed to conquer other markets and show their advantage in terms of fees and transfer duration.
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October 01, 2020, 11:18:42 PM
 #3

I like ripple the fact that their transaction fees is really really cheap.
And I think that is one major advantage of this coin to be one of the top crypto payment options.
However, since it is centralized, we also need to be careful in holding large amounts of this coin.
Let us hope that there will be no problem in their management side because if one large stakeholder decided to get out, we won't know what will happen to this coin.

Any coin can make fast conf times that isn't a feature that is unique.  And the facto that its not a decentralized coin begs the question of how good is this really?  I mean we already have fiat, ripple isn't needed. 

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October 01, 2020, 11:57:48 PM
 #4

I don't like Ripple but I appreciate them with this:

Ripple employs more than 500 people worldwide and is currently striving to further expand its own presence, especially in Asia.

Employing a lot of people globally, they've impacted a lot of lives through their employment yet still it won't change our minds from the fact that it isn't decentralized.


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October 02, 2020, 01:04:46 AM
 #5

It will definitely a very good move for them knowing that ripple is really a good for investment, it will definitely a big boost for their blockchain. Moreover, regarding the transaction fee of ripple, it is much cheaper compared with other blockchains which makes it better.
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October 02, 2020, 01:08:54 AM
 #6

I don't like Ripple but I appreciate them with this:

Ripple employs more than 500 people worldwide and is currently striving to further expand its own presence, especially in Asia.

Employing a lot of people globally, they've impacted a lot of lives through their employment yet still it won't change our minds from the fact that it isn't decentralized.


Cryptocurrency created jobs especially to those who adopt it and despite of criticism on XRP for being centralized, they still perform their best and promise to give a faster transactions at minimal expense under their blockchain system.

This plan to expand their platform is a big move and I wonder how the other coins will match this development, hopefully this can bring good prices in the market that can result into another bull run.

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October 02, 2020, 01:31:06 AM
 #7

Would you share the link of the article because from what I can see is you're just promoting your crypto YouTube channel, just my two cents. I looked up on the details of the video but I can't really find the link if ever you linked that article in there. Not that I'm against your channel but I just feel like reading the whole article.

Anyways, it's still just a rumor but not that bad considering Ripple was a big project and has large market cap in the crypto space. Hope this is not just for a future FOMO then the bubble burst so sudden.
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October 02, 2020, 02:44:16 AM
 #8

Obviously, that's Ripple target, remittance business because they know that it is a billion dollar industry. And as a crypto, they want to be the first one to cap this market alone. That's why you can see in their roadmap that they are going to expand in the next coming years.

But we don't know if this will reflect on the price itself. Perhaps people are just going to used their services but it doesn't mean that they are going to be bullish on it. Used them before and it was really quick. And just imagine what it can bring, let's say someone from other parts of the globe used their service to transmit money to their love ones in Asia. Fast and quick and I'm sure those who work abroad might like this, but that's just one part of the equation.

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October 02, 2020, 03:24:56 AM
 #9

That's a big target that can be easily reached by ripple as this company has multi-billion money. I never heard that if there are so many companies that have already used the ripple's payment system.
Thank you so much for this info.

From what I can see if ripple will in a very big competition with CBDC. That's very interesting to see how ripple will be facing this as CBDC aims to be the same thing like ripple too.
The central bank is coming.

 
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October 02, 2020, 03:43:17 AM
Merited by rhomelmabini (1)
 #10

For those asking for the article itself, here you go
https://medium.com/@thecryptocurrencyportal/ripple-xrp-will-complete-global-expansion-into-195-countries-by-2021-e37ed6f0e97d

You can even google "Ripple to expand into 195 countries" and results should pop up immediately. The OP has the same name as the creator of the medium article, so it's probably him as well, but a quick look up already indicates that discussion bout this topic has been ongoing since June, so you guys can reference there since there's probably a lot of meaningful discussions already made.

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October 02, 2020, 04:34:51 AM
 #11

I don't like Ripple but I appreciate them with this:

Ripple employs more than 500 people worldwide and is currently striving to further expand its own presence, especially in Asia.

Employing a lot of people globally, they've impacted a lot of lives through their employment yet still it won't change our minds from the fact that it isn't decentralized.


I agree. Decentralization is what makes cryptocurrency enthusiasts going. Ripple is a great project but it is a centralized digital asset that cannot match decentralized crypto assets in terms of security. Not just once but a lot of times we are just fooled by these centralized assets because they are keep on tracking us on our activities. It is better for us to stay away from these companies and continue our journey to decentralization. Anyways, Ripple is already here in my country and I know that crypto enthusiasts here keep on observing.

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October 02, 2020, 04:59:25 AM
 #12

Having 500 employees is not so many) I mean it is definetely not the number a coin with such a long history should be proud of)) I think that there are far more employees working on less famous coins/networks.

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October 02, 2020, 06:29:45 AM
 #13

I like ripple the fact that their transaction fees is really really cheap.
True!

However, since it is centralized, we also need to be careful in holding large amounts of this coin.
Let us hope that there will be no problem in their management side because if one large stakeholder decided to get out, we won't know what will happen to this coin.
Yes!

I have two "gaming" coins, one is XRP, the other one is TRX because it is fast and cheap. However, I still prefer XRP because the price fluctuation is not as severe as TRX lol.
Anyways, XRP really suited for this payment purpose, but not for long time holding IMO.

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October 02, 2020, 06:36:06 AM
 #14

Users quantity is more important than countries quantity, sorry

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October 02, 2020, 08:12:20 AM
 #15

For those asking for the article itself, here you go
https://medium.com/@thecryptocurrencyportal/ripple-xrp-will-complete-global-expansion-into-195-countries-by-2021-e37ed6f0e97d

You can even google "Ripple to expand into 195 countries" and results should pop up immediately. The OP has the same name as the creator of the medium article, so it's probably him as well, but a quick look up already indicates that discussion bout this topic has been ongoing since June, so you guys can reference there since there's probably a lot of meaningful discussions already made.
Thanks for this @Wexnident, appreciate it. I'll probably look more into this and some other discussion from other platforms, this sure is a huge news.

Users quantity is more important than countries quantity, sorry
And the one who will be in benefits of it are those big players out there just wanted to bring FOMO then accumulation again once dumped. Rich gonna rich.
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October 02, 2020, 08:34:48 AM
 #16

As expected because Ripple is already used as a cross border payment solution and Ripple has partnered with Banks thats why it's easy for them to expands in any country they like, in fact in my country Ripple was already use as a remittance payment service because it is fast and efficient with cheaper fees compared to the traditional platforms. so the expansion of 195 countries in 2021 is highly possible.
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October 02, 2020, 08:47:11 AM
 #17

I like ripple the fact that their transaction fees is really really cheap.
And I think that is one major advantage of this coin to be one of the top crypto payment options.
Ripple transaction fees are lower than Bitcoin's ones. At the same time there are no gas or other transaction fees on EOS. I believe EOS is the better DeFi alternative.
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October 02, 2020, 11:02:11 AM
 #18

Ripple (XRP) will complete global expansion into 195 countries by 2021

Check out the discussion here: https://www.youtube.com/watch?v=YXvt-pPNqrg

Ripple has more than 350 partners worldwide who use the company’s payment technologies to process cross-border payments inexpensively and in a short time. Ripple employs more than 500 people worldwide and is currently striving to further expand its own presence, especially in Asia. In an exciting interview, Marcus Treacher now gave an outlook on the company’s future expansion efforts.

So now that Ripple has basically moved into almost every country in the world,,, this means actually that they have almost very little room left to expand. So when there is nowhere else to go how will it grow? Already so many bank partnerships and yet the token is worth nothing. Not sure where this goes for a centralized alt.

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October 02, 2020, 11:33:06 AM
 #19

Good news, even though i'm not really actively using Ripple but this news was really good for cryptocurrency market. I hope it will continue with the other cryptocurrency as well beside Ripple, Thank you for sharing this one mate.
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October 02, 2020, 12:04:40 PM
 #20

One of Ripple primary objectives is global settlement network with different countries and they are achieving that already, thanks to their fast transaction confirmation and low fee when compare with the Banks.
In my opinion, Ripple is lagging behind with the promises they made during ICO, Xrp price is another thing entirely, the news aren't really having effect on the price.
Users quantity is more important than countries quantity, sorry

When team unlocked thousands of Xrp and sold them behind the community, there would be lack of trust, that one of the challenges that is  still affecting Xrp price, many see it  as shit coin in adoption.
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