/biz/ - Business & Finance

Hey /biz/ I have a question for you. Would a billionaire or a trillionaire buy your bags?

Oh, your technological wonder of a cryptocurrency can run 7,000 transactions through a single node with 0 fees? I'm really happy for you, I'mma let you finish but... Why would the billionaires and trillionaires who run the global economy buy your free market coin, which may or may not meet all of their complex global commercial business needs, when they can simply hire dozens or hundreds of the finest programmers and cryptographers in the world to forge a coin that meets all of their exacting specifications and needs? That's right. They already did it. The company they made is called Ripple Labs, and the cryptocurrency is called XRP.

>The top 1% controls a collective $295 Trillion in global wealth.
>The top 10% controls a collective $500 Trillion in global wealth.

And guess what /Biz/? They don't want your memecoin. They don't care about how great or secure or fast it is, or how it's great for the poor or middle class. They want the one coin that they forged in Ripple Labs. One coin to rule them all.

Time to make some important long-term decisions. Do you want to die on your hill of memecoins? Or do you want to become a millionaire. You can play with your memecoins after the global financial reset. After the global debt jubilee. After the one coin to rule them all has been run up to a market cap of $50 Trillion, perhaps much more. Wake up. Load up your bags with XRP and become a millionaire.

>>5794168

I have a question for you. Would a billionaire or a trillionaire buy your bags?

Oh, your technological wonder of a cryptocurrency can run 7,000 transactions through a single node with 0 fees? I'm really happy for you, I'mma let you finish but... Why would the billionaires and trillionaires who run the global economy buy your free market coin, which may or may not meet all of their complex global commercial business needs, when they can simply hire dozens or hundreds of the finest programmers and cryptographers in the world to forge a coin that meets all of their exacting specifications and needs? That's right. They already did it. The company they made is called Ripple Labs, and the cryptocurrency is called XRP.

>The top 1% controls a collective $295 Trillion in global wealth.
>The top 10% controls a collective $500 Trillion in global wealth.

And guess what? They don't want your memecoin. They don't care about how great or secure or fast it is, or how it's great for the poor or middle class. They want the one coin that they forged in Ripple Labs. One coin to rule them all.

Time to make some important long-term decisions. Do you want to die on your hill of memecoins? Or do you want to become a millionaire. You can play with your memecoins after the global financial reset. After the global debt jubilee. After the one coin to rule them all has been run up to a market cap of $50 Trillion, perhaps much more. Wake up. Load up your bags with XRP and become a millionaire.

Ripple will be the new king. Why? We got jews ON our team. Jews on your team, good. Jews on the other team, bad. Jews play to win and I am winning.

>>5770770

Just load up your bags with the next world reserve currency.

>>5764665

Dumb all those shitcoins and buy the next world reserve currency.

Soon.

XRB? What? Is that a real thing? Oh shit, my bad. I thought you said XRP. Wrong thread. I'll just leave this here on my way out.

Give them 20 reasons to buy XRP. And also pursuade them with a LOTR analogy.

1) $100+ Million in VC funding from Google Ventures, Seagate, Core Innovation Capital, Andreessen Horowitz, IDG Capital Partners, AME Cloud Ventures, Standard Chartered, Accenture Ventures, SCB Digital Ventures, SBI Holdings.
2) 200+ employees, including former SWIFT execs
3) Offices in SF, NYC, LON, Sydney, Mumbai, Singapore and LUX
4) Sits on Federal Reserve Task Force 5/17/17
5) Sits on US Fintech Advisory Board 10/19/17
6) SEC Registered
7) ~$15 Billion in unrealized assets (~$110 Billion as of 12/31/17)
8) Q1 2017 - $6.7 million in institutional purchases of XRP
9) Q2 2017 - $21 million in institutional purchases of XRP
10) Q3 2017 - $19.6 million in institutional purchases of XRP
11) 100+ Banks testing/implementing Ripple tech as of 10/10/17
12) Confirmed real world use of XRP on 10/10/17 by Cuallix
13) Partnership with AMEX announced on 11/16/17
14) $100 million XRP denominated hedge fund announced on 11/28/17 by Michael Arrington, founder of TechCrunch.
15) 61 Bank Consortium out of Japan announce RippleNet is "Production Ready" on 12/6/17
16) 55 Billion XRP Escrow Lockup announced 12/7/17
17) 12/13/17 - Yoshita Kitao, Chairman at SBI Global Asset Management Co., Ltd., SBI Capital Management Co., Ltd., SBI Financial Services Co., Ltd. and SBI Securities Co., Ltd. tweets they are "All in on XRP".
18) 12/15/17 - 61 Japanese/South Korean banks announce Ripple trials to commence and run through 1/31/18, with intent to use XRP upon completion.
19) 12/19/17 - Zoe Cruz, Co-president of Morgan Stanley for institutional securities and wealth management, named to Forbes "most powerful women" 2005, 2006, 2007, ranked 16th most powerful woman in the world in 2007 by Fortune.com; added to Ripple's board.
20) 12/29/17 - 3 Japanese credit card companies partner with Ripple: JCB, Sumitomo Mitsui Card, and Credit Saison.

>>5757763

There is no excuse. They all know it was created by the banks to become the next global reserve currency. Yet they pretend like it's not the deal of a lifetime. Load up your bags and become a millionaire.

XRB? What? That's a real thing? Oh shit, my bad. I thought you said XRP. Wrong thread. I'll just leave this here on my way out.

>>5756724

>potential use cases

It will be used as the new global reserve currency.

>>5756350

The new global reserve currency.

>>5756885

- Dump the one that does 7tps and buy the one that does 1500-10,000 tps.
- Dump the one that takes 15 minutes to several days to complete a transaction and buy the one that settles in 4 seconds.
- Dump the one with $30 fees and buy the one with fees at 1/100th of a penny.
- Dump the one that's going to be a niche currency at best, and buy the one that is going to be the next global reserve currency with a market cap in the $50 Trillion ballpark.

Load up your bags and become a millionaire.

If you are seriously betting on LINK because of its partnership with SWIFT, then you should hedge your bet with XRP in case it doesn't work out. Personally I don't think LINK or SWIFT has a chance. I believe the bankers have already chosen XRP as the next global reserve currency.

>>5756501

One crypto to rule them all.

>>5756062

XRP is the new global reserve currency. Load up your bags and become millionaires. XRP is a coin designed by and for the billionaires and trillionaires.

http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

$90 Trillion - global paper and electronic money
$70 Trillion - global stock markets
$215 Trillion - global debt
$215 Trillion - global real estate

Assuming a supply of 100 billion coins, if 1% of these assets moves into XRP, that's a $5.9 Trillion market cap, or $59 per coin. For XRP to hit $1000, 17% of global wealth needs to move into XRP. If the circulating supply of XRP is kept at the current level of 38 billion, only 6.5% of global wealth needs to move into XRP for it to hit $1,000.

Ripple is an inside job. Ripple is owned by the same people who own the central banks. Ripple is owned by the billionaires and trillionaires. XRP is a crypto designed specifically to meet the needs of the billionaires and trillionaires. They will use XRP as their vehicle to reset the global financial system. Those 55 Billion XRP locked up in escrow may or may not be released into the economy. It doesn't even matter. My opinion is that when they pump up the market cap of XRP to $50 Trillion the company Ripple will "donate" those 55 Billion XRP to the IMF, or BIS or some new ultimate central bank, and they will use that reserve of XRP to manage the global economy for the next 80-100 years. Then they will eventually abandon it in favor of something else.

>>5755374

This is all you need for the next 1-2 years.

>>5755911

This is your way out. Load up your bags and become a millionaire.

XRB? What? That's a real thing? Oh shit, my bad. I thought you said XRP. Wrong thread. I'll just leave this here on my way out.

>>5753890

0/10 BECAUSE YOU DIDN'T GO ALL-IN ON XRP

One crypto to rule them all.

>>5753712

Just keep buying XRP hand over fist.

>>5753125

Learn to do math and basic macroeconomic research. XRP is a coin designed by and for the billionaires and trillionaires.

http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

$90 Trillion - global paper and electronic money
$70 Trillion - global stock markets
$215 Trillion - global debt
$215 Trillion - global real estate

Assuming a supply of 100 billion coins, if 1% of these assets moves into XRP, that's a $5.9 Trillion market cap, or $59 per coin. For XRP to hit $1000, 17% of global wealth needs to move into XRP. If the circulating supply of XRP is kept at the current level of 38 billion, only 6.5% of global wealth needs to move into XRP for it to hit $1,000.

Ripple is an inside job. Ripple is owned by the same people who own the central banks. Ripple is owned by the billionaires and trillionaires. XRP is a crypto designed specifically to meet the needs of the billionaires and trillionaires. They will use XRP as their vehicle to reset the global financial system. Those 55 Billion XRP locked up in escrow may or may not be released into the economy. It doesn't even matter. My opinion is that when they pump up the market cap of XRP to $50 Trillion the company Ripple will "donate" those 55 Billion XRP to the IMF, or BIS or some new ultimate central bank, and they will use that reserve of XRP to manage the global economy for the next 80-100 years. Then they will eventually abandon it in favor of something else.