/biz/ - Business & Finance

Ripple 101
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-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships (e.g., Amex, Santander, ..) and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (as in Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.


-The software is open-source (Stellar was a fork of Ripple).

You must have seen this screencap alot.
Microsoft just published a demo:
https://www.youtube.com/watch?v=uccDswZXUPk


It's clear that Ripple is thinking big and long term. This w3c standard will be available in all major browsers soon

.
Forget everything you know about market caps. Ripple is going to penetrate markets measured in trillions, not billions.
.
Every person in the planet will be able to pay with XRP using a built-in browser feature.

.
Reminder that Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.

.
Reminder that the current transaction cost for a standard transaction is just 0.00001 XRP.

>>6850061

You must have seen this screencap alot.
Microsoft just published a demo:
https://www.youtube.com/watch?v=uccDswZXUPk


It's clear that Ripple is thinking big and long term. This w3c standard will be available in all major browsers soon.
Forget everything you know about market caps. Ripple is going to penetrate markets measured in trillions, not billions.

Every person in the planet will be able to pay through XRP with a built-in browser feature.

Reminder that Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.

Reminder that the current transaction cost for a standard transaction is just 0.00001 XRP.

>>6815107
also this

/biz/tard are only used to speculative market caps, they don't know that Ripple speaks to industries worth trillions of dollars and will make current market caps look like a joke, but it will be too late for them.

just gonna leave this here

>>6766602
> they achieve this goal they will target individuals

also,
>sits on a Federal Reserve task force
>sits on US Fintech Advisory Board


guess which crypto won't be taxed? guess which crypto is not even considered a crypto by its worst enemies? guess which crypto will be used for payment everywhere?

also,
>sits on Federal Reserve Task Force
>sits on US Fintech Advisory Board


guess which crypto won't be taxed? guess which crypto is not even considered a crypto by its worst enemies? guess which crypto will be used for payment everywhere?

>>6685657
until then, I'll be using XRP, probably you too.

>>6607940
Everyone will be using it, even your grandmother.

Millions of accounts are pending verification on big exchanges. They will buy it late and they will still have better gains than you because they can see it's the currency of the future.

>>6286247

>>6284909
Bitcoin's market cap is not the ceiling. Bitcoin is practically useless now. XRP on the other hand serves a real-world purpose, and Ripple speaks to an industry that is worth trillions of dollars.


In 2018/2019 you will be using it to pay for everything online (pic related), and financial institutions are starting to jump on board too.

.
2018 will be about utility and Bitcoin will be dethroned.

literally the future of payments

>>6163732
everyone will be using it

>>6074616
>>6074712
The desperation from bcash shills is so obvious. Ripple makes their shitcoin useless.

Roger's site (bitcoin.com) and his shills on twitter are attacking Ripple and Ripple supporters 24/7. Don't fall for it.

>>6057109


2015 - Banks will never use Ripple. $XRP is dead. Sorry bag holders.

2016 - Bank announcements are just proof of concepts, they'll never go live. $XRP is dead.

2017 - Fine, 70+ banks are going live and Cuallix is using it but they don't use $XRP. How come dumb bag holders don't get this?

2018 - ...

>>6036836

>>6010687
also this,

>>5998684
Bitcoin's market cap is not the ceiling. Bitcoin is practically useless now. XRP on the other hand serves a real-world purpose, and Ripple speaks to an industry that is worth trillions of dollars.


In 2018/2019 you will be using it to pay for everything online (pic related), and institutions are starting to jump on board too, this was just announced:


>In a precedent-setting moment, Cuallix became the first worldwide institution to use xRapid — Ripple’s solution that utilizes XRP as a liquidity tool — to reduce the cost of sending cross-border payments from the U.S. to Mexico.

.
https://ripple.com/insights/ripplenet-grows-to-over-100-financial-institutions/

.
2018 will be about utility and Bitcoin will be dethroned