/biz/ - Business & Finance

First for standard

previous loaf
>>23350944
>>23350944
>>23350944

Tomorrow is the 33rd anniversary of Black Friday, and Jerome Powell and friends are discussing something XRP is born to do (cross border payments). Nothing might happen, but it’s still bullish long term. WAGMI brothers. 2k EOY. Jesus is King. Trust Mellon.

this is my favorite gif

Hold the line

>>23360979
Gentleman
https://www.youtube.com/watch?v=53mRKO4_UZU

>>23360918
trips and we have a market meltdown followed by some excuse about fraud from the banks followed by election followed by a "fix" so the big bad banksters can never take advantage of us again. etc etc. insert xrp inserty pheonix insert massive wealth transfer(both to blockchain techs and china in general) welcome to nwo

>>23360860
XRP $2K EOY

>>23361046
nothing happened. nothing ever happens for xrp.
don't you know this by now?

>>23360999
well ill check the number of the abyss. how fitting of a get.

Bless the baker. Also check this thread >>23359584

>>23361038
https://youtu.be/Ml5ahbdHvvs

>>23361116
hey! hi. how ya doin? oh me no im fine. oh ya johnny started school. Oh ya gotta go. well Ok im glad your doin well. tell Jim i said hi. Yea take care see you next thread!

>>23360918
Well apparently ripples not going to be mentioned but stellar is.

>>23361143
That was fucking fire whoever did that. I salute you

>>23361143
Damn
Kek

>>23361188
checked. but m8... the standard needs no proper introduction.

>>23361188
Yep. I told you guys it will be Velo that breaks into this massive market. Velo will be on stellar network for cross border payments.

The poll is coming along nicely.
I'll be accumulating more soon.
Our day in the sun is close.
https://poal.me/n0patg

>>23360979
What document is this °>°

>>23361313
Dub 13 check

Did you guys see volume is back to normal today? I’m thinking this was a test. We’re the first ones who looked at it and I’m thinking we’re not going to get a response from Katz when all the Twitter normans find out. Maybe some article saying it was a glitch, but you can’t just make that shit up like that.

>>23361313
Trip 13 actually including your timestamp. Nice.

>>23361468
nothing.
ever.
happens.

>>23361473
digits dont lie

>>23361468
100billion is a hell of a test.
That has to make banks confident

>>23361493
You better wake up and smell the roses, fuccboi

>>23361188
>>23361332
This is some pretty good fud, but look at the rest of the people invited to the meeting. I barely hear about them but we all know Mexico, Malasia, Singapore and especially England big banks are Ripple partners. Especially England. BoE ex chairman moved to Ripple.
Also Japan isn’t there, SBI is HUGE there.
>>23361493
Nothing ever happens until it does.

>>23360860
Ripple in 2020? Truly rakesh tier.

Wait for Bonded Finance.

How much XLM you guys holding in reserve?

t. 20k XRP, 3.5k XLM, 700 ALGO

>>23361770
7-8k at any given time

>>23361671
Not fudding led, genuinly trying to get through to some of you to go and dig as deep into velo as you do this. I got in at 35c and I'm still buuying at $1. Velo is the future. Get with it.

Fuck fuck fuck fuck, guys i'm literally shaking. Velo is really the XRP killer. Look at this talent.

>>23361900
Forgot image because i'm so scared

>>23361912
a bunch of chinks no one can pronounce???

>>23361900
>>23361912
His face says it all

>>23361563
Did the math, and 100 billion should have taken around 23-28 minutes to send. Imagine the theatrics, time, and money involved in transferring 100 billion dollars other ways.

>>23361912
The first three are just the same guy in different clothes from different angles: change my mind.

>>23361997
>shaved glasses
>glasses
>no glasses
>random russian scammer business partner

>>23361950
The chairman is from the family that owns CP group. One of the largest companies in the world, they will be integrating Velo throughout their 60bn business and then branching out to credit, cross border remmitance, point of sale etc. Ignore at your peril, these boys have connections you would not believe. Don't say I didn't warn you. It has been 5 weeks and it is 4 times the price of XRP. It will pop again tomorrow. I hold XRP, got a ledger set up for spark and everything but I can see the writing on the wall. I suggest you also turn your gaze upon it.

https://www.youtube.com/watch?v=0FuPfESKfF4

yowzers.

>>23361912
I'm so confused. The look is Chinese, but the names are next-level Indian.

G-guys is this it? What would be the implications of this guy isn’t larping?

>>23362137
Probably a larp but if not, get your coins off of all exchanges (you shouldn't have them on there anyways). I'm sure the exchanges would pick up a hint of what's going on and keep some from themselves, but if that were to actually happen then get ready for the rocket to take off past pluto.

>>23360860
X.....rp?

x.....BTC?

xBTC?

>>23362137

>>23362136
Indos or Malaysians.

>>23362137
Big if true. Always disregard as larp and don’t spam that shit in here making us look like faggots.
Would be amazing though lmao imagine the fomo

>>23362268
Thailand.

>>23362137
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
also,
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAINEEDMORETIMEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>23362137
Just like when Charlie said the new swift system was going to go live, right guys?

>>23362311
well id rather discuss this larp than that chink shitcoin being shilled in here.

>>23362342
That's why you will never make it. Instead of digging you will ignore a valid project that could make you money. If you guys put half the effort you put into spoopy schizo shit into Velo you would see its value and possibilities but hey, you can lead a horse to water....

we moon december 16

>>23362137
Well it would take care of the binance fud easily so there’s that. Hopefully not larp.

>>23362137
his "staff working in moneygram" source is probably the larp. This guy is just naive. He has since deleted the tweet.

>>23358842

think I’m gonna stay awake until the panel kek.

>>23362233
The ariane rocket crashed

>>23362430
I'll be here with ya. True schizos need no sleep coz we recover energy from recurring numerals. Check'em

>>23362364
Many of us aren’t yearlong bag holders, many of us got most of our zerps under .30 and many of us started buying before the current golden era of /biz/ schizoposting that we’re living in right now

>>23362364
I have looked into it
30bn supply
none disclosed circulating supply
unknown market cap
already priced at $1.

I would have to risk $1k and hope it hits $10 for any meaningful risk:reward return. Not that attractive to me.

>>23362508
40m circulating. the 30bn is because they expect to be transacting in the billions per year. No release for 5 months and then released as required with corresponding amount locked upon release as collateral, staking will be available. They intend to be high vloume, low fees and their on off ramping will make it so customers won't even know they are using it. True corporation (a telecom firm owned by CP group) will be using it for sure for payments, they have 21 million subscribers alone and mainnet will be bundled on handsets. CP group invented the top down business model. Think what that means? They are using velo to take over their own financials and profiting from it at the same time. It is brilliant. I put it to you you did not look into it very well. All this info is there to see.

>>23362584
Dude fuck off and go make your own thread about your shitcoin. Nobody's going to use this for the global financial system either because the coin is brand new, untested, and made by a bunch of literal whos

>>23362584
so how much of that 30bn gets released at the 5 month mark? It does sound like some Thai Vechain type thing and I'll look more into it. Its not even going to touch XRP though so stop shilling it in here.

>>23362676
None if not required, it is released to answer demand only.

>>23362626
I'll post wherever I like lad. I am trying to save you.

>>23362436
and 109 ariane 5s suceeded friend

>>23362704
You sound like that crazy lady yelling at the guy in the checkout line
>im trying to save you, motherfucker

>>23362498
I bought before that and sold at the ath then rebought later.

>>23362498
Been buying since 17

>>23362883
And you are slightly nervous because you cannot come up with anything to challenge what I have said. It is a good project, you know it but you will never admit it. Maybe not even to yourself. Sad. Many such cases.

>>23362929
Never reading, never buying.

This is an XRP thread.

>>23362929
Checked but fuck right off

>>23362929
>you know it but you will never admit it. Sad. Many such cases.
Kek. What a fag.

It's so good, bros. Look at how flat that line looks my comparison. Almost 100 billion dollars. It's got to be happening soon.

My work is done here. I will leave you to your madness.

>>23362994
Thanks. All the best.

>>23363007
You too 007. You too.

>>23362984
CCHINNNA TOOO

Holy fuck XRP is done for! The chairman of Velo even owns 711 outlets in thailand! That kind of business prowess definitely beats the IMF and NSA cryptography. I just sold.

>>23363078
The EURO HM<M

>>23363103

lol

>>23362960
And occasionally IOTA

>>23363103
7/11 moon date confirmed

>>23363103
OK, I see you waited till I left. They also own most of the agriculture from the feed production, to the land and farms, to the processing factories and the retail. The largest telcom provider, the largest broadband provider, insurance companies, 9000 starbcks franchises and much, much more. They will be using Velo to settle all transactions throughout the conglomerate spread across all countries of south east asia. Soon. Good luck getting the IMF and the World Bank to get anything moving in the next ten years. I did leave but I hate when people try to have the last word when I'm gone. I will be watching you anon.

>>23363103
How more fucking pajeet can you get
Holy shit
Next you’re going to tell me a board member was spotted shitting in the street next to a cow

>>23363166
Ominous digits but how am I supposed to know when you leave? Shut up nigger. We don't want your chinkmade spyware.

>>23362984
WHAT mean brother?

>>23363166
Shill failed. Go shill some linkie thread.
GOOD DAY.

Bought another bag, lads. Next bag, 2nd Lt.

>>23363491
25k, wondering if I should put more. savings is 8k right now

>>23363517
I wouldn't drain your savings, so unless 8k is 6 months worth of expenses for you I'd avoid it.

>>23363534
That is 6 months for me. Should I throw another 2k?

>>23363538
Don't drop below 6 months expenses, so no.

>>23357676
Pic related is blood flow not structure. Although bloodflow can influence structure.


Just noticed my receeding hairline. I'm 22, started at 9. Turns out porn causes high DHT which causes permenant hair loss.

Delete your porn collection
Make the decision to stop forever (you cant have moderation you junkie)
Install filters/blocks for porn
Just get past the first 9 months (brain reset)
If you cant do this get rid of your internet connection for the 9 months
If you can start seeing real women
If you cant hit the gym bucko

We can do this

>>23362137
First time itt. No one believes this bs hopefully.

>>23363557
you're a fucking retard lmao. i'm 31 and been jerking off for the last 20 years daily, to porn. hair wont stop fucking growing lmao, wish it would.

>>23363557
Yeah, I've been jacking with my bros too since we were young and we still have a full head. It might be your genes rather than the porn addiction.

>>23362137
Cannot be true. IF true, bad news.

>>23363611
Not retarded at all. Stop the fap for a month and see how much it changes you. If you can't do 30 days then you're a weak faggot.

Any poor schizos here? I only hold 5k

>>23363709
Always been poor but had few years to accumulate

WAGMI frens

>>23362136
Thais
Thais were basically Hindu and their names are all Sanskrit derived. Heck their king is called "Ram" ffs

>>23362157
Where to keep coins if not on exchanges?

>>23363709
Hey fren, you are not alone. Just don’t envy the big stacks you see here. Just put your money to good use because all of us will have more money than we ever had before, some more than others but that’s normal in the world we live in.

You will still be loaded fren. Just do good with your wealth, God is with us all.

>7.3k XRP poorfag here

>>23363649
>>23363611
Lol you judgmental assholes really shouldnt comment on someone elses life unless you have walked in their shoes.

The funny thing is, I KNOW just hellish my addiction was, and I know you faggots have rookie numbers. For example I didnt have a childhood because of alcoholic dad, so I was allowed to stay home from school, drink coffee and browse porn. I usually have either edged all day every day or came over 5 times every day for 13 years.
Get on my level plebs, ejaculation promotes dht, and dht promotes baldness. Its a fact of life. Its not genetics my grandfathers both died with full heads of hair and my dad in his 70's has a full head if hair, as does my brother in his 30's.

>>23363778
A wallet or a ledger, man.

>>23362704
Kek imagine shilling a budget chunk scam of a sca
M coin

You cant even really buy velo....
I dont think they are mature.

>>23363778
ledger

>>23364105
If I had a dollar for every anon trying to “save” us
Buying more tomorrow fuck the fud

>>23363662
only thing is does is make me cum in 2 jerks after 3 months.

>>23363709
Third world country anon here. I only have 1k XRP, I've bought with almost all of my savings, I don't give a fuck. Hope it moons soon tho.

>>23361770
71k xrp and 21k xlm

I habe insider information
https://youtu.be/a51MagYI3_o

Does anyone have the link for the flare tool that let's you check if your wallet is set up for the drop properly?

Can't believe you guys are still holding on after all the dumps and crabs and nothingburgers.

>>23364560
https://bithomp.com/explorer/
I got you bro

>>23364588
Hmmm seems sketch

>>23364579

>>23364560
Literally just bithomp. It's not sketch.

>>23364538
Seeing things like this allow me to understand why XRP is so hated.

>>23363557
I think it's important to stop viewing porn videos and switch to images only. Videos seem to be more brain intensive and do things with the mirror neurons. Basically, 2D>3D

Are you guys gonna watch this live?

>>23364839
Good thing it’s going to be stellar that’s mentioned not xrp, get fucked nerds.

>>23364560
https://www.xrptoolkit.com/

>>23364962
What did you do?
https://www.youtube.com/watch?v=HY79e7rL2Pw

>>23364984
I've bought XRP and some other cryptos, my dear grandson...

>>23364984
Smoked weed, wrote music, and accumulated

>>23362364
What is the central bank of Thailand testing its CBDC on... R3.

Those jungle chinks can’t even get their own bank to use their scam coin.

Research that retard.

>>23364984
Bitch I bought dat XRP

>>23356748
Unironically bullish for chainlink, chainlink will be the oracle to verify if someones vaccinated

>>23364560
Bithomp is okay to just use the explorer to check your wallet. You can see if a flare adress has been added to your address.

>>23365286
White hats will win, too bad chiancucks.

>>23365286
Oh look another semi conscious linkie

I will refer you to >>23364133

>>23364984
Well look sunny at the time of the greatest wealth transformation I did some LDAR and accumulate xrp while listing to slowed and reverb songs on youtube

>>23365328
xrp bagholder detected

Cheers frens

>>23365495
Daily reminder we've been on this for years. Our breed of schizo is about seeing the future.

>>23364984
Dan Pena is a fucking retard. As a hispanicamerican with an IQ over room temperature his fucking schtick is repulsive and buffoonish. Reminds of those faggots on shows like shark tank or that douche tony robinson

>>23365458
Wow in a xrp thread?

Ok megamind no wonder youre still bagholding chainlink you're obviously the fucking bigbrain you set out to be

Oooops...

https://www.forexlive.com/news/!/euronext-says-trading-in-all-cash-derivatives-products-halted-due-to-technical-issue-20201019

Guess not a happy monday? :)

>>23365495
>>23365559
Based.

Xrp 10k EOY.

>>23361332
>>23361851
>>23361900
>>23361912
>>23361950
>>23361951

Standard bump

>>23365628
>he doesn't know link will be used in the nwo to verify vaccinations
ngmi

>>23365995
guys
..
g-guys....
GUYSSSSSSSS!!!!

>>23366067
ITS HAPPENING

>>23366070
Oh shit NOOO IM NOT READ YYEEEET

Nice candle. Shame it won't last long

>>23366067
>>23366070
What's up, bros?!

>>23365995
>>23366111
feel it.

>>23365628
hahaha holy fuck xrp niggers are salty
hey xrp nigger
who's the bagholder? the superior linkholder who bought at .20-.30c? or the xrp holder who has been holding since the big 2018 dump and is still at the absolute dogshit price of sub .30c

>>23365706
Didn't buy velo cause afraid to buy any more stellar shitcoins after Mobius, Kin shitfest and others just stagnating forever.

t. 300k xlm stack

>>23366170
Why don't you guys just make a general for yourselves? It's kinda sad that you want our attention.

>>23366117
And xlm is steadily mogging xrp

bababcugs lost all credibility with this post.

>>23365995
>>23366067
>>23366070
>>23366111
>>23366117
>>23366125
>>23366136
XRP NAMED THE STANDARD AT NEW BRETTON WOODS MEETING. LIKELY GOING TO BE USED AS ON DEMAND EMERGENCY LIQUIDITY IN ORDER TO KEEP EVERYTHING FROM FALLING APART WHILE THEY IMPLEMENT CBDC'S NEXT YEAR WITH GOLD BACKING. TRUMP TO ANNOUNCE PASSING OF STIMULUS WITH USE OF THE NEW QFS.

Jk idk but sounds good to me kek.

>>23366273
>lost all credibility
never had any

>>23366273
Lmfao. Why did he lose credibility? I thought we all knew this backed/pegged to gold would happen?

>>23366309
That would mean we are fucked. Why would that be good to you?

>>23366332
>XRP BACKED BY GOLD

>>23366234
Stellar has run out of steam
XRP looks impressive until you zoom out
In other news...
Who is this guy?
https://twitter.com/ABCDWrte/status/1318128834563231744?s=19

>>23366341
>we
>you

Pick one idiot.

>looks at prior posts
>began as velo shill

Go away pajeet chang, please.

Xrp 10k EOMonth DIGITS.

>>23366313
Not true
He is a credible daddy's boy

>>23366400
>Xrp 10k EOMonth DIGITS.

>XRUPEE 1MILLION EOD
the absolute state of bagholders

>>23366391
most likely larper that claims to have info from an inside moneygram source: >>23362137

Just dropped 1k on xrp lads..

>>23366617
>he bot?

Good morning Kings. WAGMI, XRP 2k soon brothers.

Jannies eat shit. XRP is the new standard. Linkies will rope eoy. That is all.

bros

>>23366768
>up 1 %
>OMG GUYS WE"RE MOONING

take your meds bud

>>23366768
so I guess the 33rd year anniversary of black monday is a solid green for XRP

>>23366803
ngmi

>>23361150
So...early 2018...
Fed raising rates all through the year...
Trump complaining all year.
Around Christmas there is a mini "crash".
Fed reverses course and starts lowering rates.
Fed now pumping untold amounts into the market.
>we are here
So...
When is cash outlawed and when will I be able to buy tendies with XRP?

>>23366803
Up 2.2 %

the piggies are stuffing their faces before the buffet closes
https://www.youtube.com/watch?v=7FIDNnn4Hbs

>>23366768
>>23366803
Enough to make me $100
Just wait for the real habbening

ITS HAPPENING. CONGRATULATIONS BOYS.

>>23366400
>>23367033
Based yes. We need more energy!

>>23365706
Like how you left out the good info and made it look clever except your research is no deeper than your personality. Velo will take the next step up in 30 minutes. Go watch a chart and cry while your stablecoin does nothing.

>>23362137
how would we get our monies

>>23367056

—————> >>23365217

Velo can’t even get their own country to use their shitcoin

15 min until J Pow and crew speaks. I gotta clock in at 8am. Y..you guys are gonna keep me updated, r-right?

>>23366379
You were warned.

>>23366400
In his post it said “sounds good to me” that’s why it was “you” also “we” hold XRP. There is your explanation you stupid mother fucker.

>>23367197
Anyone with link to stream?

>>23367056
See >>23367174

>>23367109
Xerpees ARE monies. The best monies ever made. If they make XRP 2k overnight due to economic meltdown avoidance shenanigans, making all partners "turn in" all XRP so none can float around in the exchanges, maybe to do a head count or to get a feel for their real total supply. Maybe they won't totally announce it then, they just need all their XRP back to be able to see what price to peg it to. Then they peg, and since by then all necessary financial institutions will have their amounts necessary to not be illiquid through the transition into their new respective precious metals backed currencies. Meaning, we will have near sovereignty levels of wealth, and that's it no need to trade it or anything, just wait for the Flare stuff too OR they will pay for it in full to get it back from us, because the central bankers need it (probably not that's why they have so much locked away, this was their game from the beginning) might even pump up price if we refuse to sell lol.

>>23367260
Didn't ask you. Nice to know you're thoroughly upset.... <3

>>23367271
Here.

https://youtu.be/3-csLHSLS-k

>>23367174
They haven't even launched mainnet yet you imbeilic cockwomble.

IMF seminar on cross border payments with Jerome Powell and BIS director agustin carstens starting now:

https://www.imf.org/en/News/Seminars/Conferences/2020/10/19/cross-border-payment

the stream begins!
just adding little dash of magic here

just bought

>>23367481
We got him. Time to pack up the threads, lads.

>>23367499
just bought some more

>>23367322
So wait you’re telling me they have all these parties lined up without even knowing if the product works? Hahahahaha

>>23367286
I bring to you, as promised on time. The beginning of the next leg up.Kneel before me peasants.

>>23367323
>https://www.imf.org/en/News/Seminars/Conferences/2020/10/19/cross-border-payment

> no ripple
> yes XLM

FFFFFFFFF

Any chance Ripple will get mentioned?

>>23367540
Velo, a domestic solution for international payments, designed to launder money more effectively for the Thai corporate royalty. great job. this might be a good thing to buy if you live in Thailand

>>23367580

I think the SAMA project that Ahmed is talking about was facilitated by Ripple.

>>23366640
damn good meme saved

>>23367580
they dont mention anything because...

>>23367606
yeee
https://ripple.com/insights/ripple-and-saudi-arabian-monetary-authority-offer-pilot-program-for-saudi-banks/

Ripple's strategy of not having any official representatives on these panels, only banking officials whose banks are partnered or collaborating with Ripple is fairly chad

>>23361313
cope

>>23367271
https://www.youtube.com/watch?v=fS6GA6csdk0

Powell trying to pretend that it's not an issue that China is ahead of them with the digital yuan...lol right

>>23367705
yeah the sama project was already mentioned and thats xrp.

>>23367540
Anyone can orchestrate a pump and dump you fucking idiot.

try it https://twitter.com/TimviOfficial/status/1311772800009502720

So it’s a nothingburger so far?

this malaysian lady is speaking through a tin can microphone

>>23367646
>https://ripple.com/insights/ripple-and-saudi-arabian-monetary-authority-offer-pilot-program-for-saudi-banks/

>xcurrent
they're not using xrp you dolt

>>23367757

Imagine being able to fucking print currency, and you cant even afford a half decent mic.....

Wtf did she said.. I couldn't hear a thing.

>>23367766
yeah and if you click on xcurrent
that goes to ripplenet and that gives the option to use xrp and a line of credit in xrp...

>>23363649
kek

>>23367766
Xcurrent is the same of the network that uses XRP to do interbank transfers, you drooling fucking retard.

>>23367793
if they used xrp they would say they used xrapid. >tfw a fudder knows more about ripple than you

>>23367772
No one knows lmao!

>>23363205
because he said it? retard sperg

>>23367808
>transfers
sigh...
https://www.coindesk.com/xrp-fits-ripples-payments-products-explained
>As such, the main goal of xCurrent is to provide interoperability between any and all currencies, not just cryptocurrencies.

>>23367811
lmao that was crazy

>>23367811
I could have sworn she said Xerpees 10k EOD check 'em!

JPow "Any CBDC will necessitate roles for the private and public sector"

also said Fed is collaborating with MIT to investigate a digital currency
https://www.bizjournals.com/boston/inno/stories/fundings/2018/10/24/mit-spinoff-blockchain-startup-algorand-raises-62m.html

>>23365312
i own 10 linkies just for the memes. but your a special type of retarded aint you?

>>23367910
>P.

>>23367840
ctrl f xrp
0 results

>>23361770
58k XRP 16k XLM

>>23367772
My best guess is this:

This might be interesting today but I'm guessing nothing

>>23368112
man that starts in 5 hours...
https://www.dcfintechweek.org/

>>23367481
shit anon you are going to crash the market. Dont you know everytime "you" buy it goes down?!

>IMF DOES NOT ENDORSE THEIR PRODUCTS

LOL

>>23368112
geez! last week, next week and this week are really loaded with IMF, G20, G7, Fintech, legislation and regulation and roadmaps, all kinds of discussions and meetings about this stuff.

i'm not sure if "It" is happening (i hope it is) but something is certainly going on.

>>23368152
1 hour, no? isn't it EST

in the IMF seminar right now, mastercard is talking about its blockchain patents

https://cointelegraph.com/news/mastercard-asia-files-patent-for-tangle-based-device-billing-system

>>23368282
the IMF owns xrp escrow.

>>23368301
OH, yeah im tired

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>23368384
IT BEGINS

>>23368332
that's been debunked by the imf

>>23368384
Based ooooooo poster

"Those who focus on interoperability stand the best chance of being an integral part of that" (referring to digital payments) -Celo guy

bullish

>>23368332
as i understand it, Amazon, IMF, BIS, and other banking partners (BoA, BoE, BoCanada) SBI for example) have it split but IMF has the biggest part

>>23368440
no it has not my good little girl

rise together!!

>>23368444
Checked.

damn, Stellar mommy is going hard talking about USDC without actually mentioning USDC

>>23368444
Checked.

>>23368618
This.

the Libra hate is real

>>23362704
Fuck off you ccp chink we don’t care

>>23368483
>’interoperability’ sipping game

>>23368675
lol yeah that's been an interesting part of this whole narrative of CBP, is how Libra kickstarted the conversation by scaring the shit out of central banks, realizing that they were about to get the rug pulled out from under them and lose their monopoly on money to Silicon Valley, seems like that lit a fire under governments as well- the Congressional hearings where Libra got absolutely torn apart were proof of that

Celo dude is talking about different currencies for microtransactions and bank transfers- XLM and XRP confirmed to be the planned standards

>>23367731
It’s genuinely not. Let me ask you - how likely are you to use a digital yuan? About as likely as you would be to use a non-digital yuan?

>>23367757
Yeh, I could swear when she was talking about the corridors in the asean, she mentioned ripple, but I can’t be sure because Malaysian technology.

are you hearing the eCurrency guy talking about the liquidity right now!?!?!

holy shit he's seriously describing Ripple!!!

>>23368504
post source or stfu

>>23368315
Is that the panel from industry? I’ve had to jump on something so am missing it. Keep us updated.

>first currencies were things like shells....

https://www.coindesk.com/bahamas-sand-dollar-central-bank-digital-currency

what do we know about eCurrency? Do they have any links with Ripple? it seems like they are at least one degree removed.

they dont like my rock

>>23367910
Yeh, it was interesting how both he and the BIS guy split up the public and the private. I feel that’s bullish. CBDCs will all be in house centralised and controlled by the relevant CBs. XRP as the private solution bridge between them.

The standard.

>>23368920
Must be

>>23368920
https://www.ecurrency.net/company

>>23368926
it was in one of the insider threads so speculation but i'm not going to go back and dig it up. as i recall, it was said that these entities invested large amounts of money back when ripple was under a penny

>>23360860
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THIS STINKIE INDIAN IS CALLING OUT THE ILP AND XRP PEG

>>23368939
right now Celo dude and eCurrency dude are going back and forth about whether there needs to be a Standard or separate ecosystems.

>>23369047
thank you sir but have you heard about Ripple, Stellar, Algorand, Iota and Xinfin? I encourage you to do the needful and research these promising new cryptocurrency solutions to pressing financial technological challenges facing our quickly-changing world

>>23369025
they keep talking about public-private collaboration...now mastercard guy is saying the same thing. "The public sector has no comparative advantage."
Bullish

>>23369058
>>23369067
Link?

>>23368519

>>23369025
Feels like they've been trying to hint at XRP without actually mentioning it hahaha. They had to have planned it right? "We're going to even mention XLM to hint at it but don't mention XRP.

>>23369143
no, thats just you desperately trying to cope

>>23368926
That’s 2016-2017 news. You’ve had 4-3 years to look for it yourself.

>>23369187
And this is you projecting

>>23369121
https://www.imf.org/en/News/Seminars/Conferences/2020/10/19/cross-border-payment

it's in the second panel, about 40 minutes into it when the recorded version is released

>>23369143
Like I said above - I think the Malaysian woman did mention ripple when talking about corridors in the ASEAN. if only she wasn’t working with Malaysian technology, I could be sure!

But overall, yes - there’s a clear public/private split and I’m still 100% that all relevant national CBDCs will be in house (not using existing coins), but taking all the private side talk together, it seems to me only XRP fits.

>>23369187
>buys some more XeRPs on coinbase

>>23369240
>ignoring the fact that the stellar waman literally said that their network can also be used, and that its PERMISSIONLESS

>>23369067
In what sense standard and separate? As in one coin to rule them all vs. A whole bunch of individual coins? And banks represented? Is the MasterCard guy pro-standard or separate?

>>23369274
Kek. Stellar.
Double kek. Permissionless

Don’t be a dimwit.

>>23369274
>>23369313
Hang on - that was rude. Sorry.

Explain the point you are trying to make? Are you suggesting XLM as a bridge or as CBDC or something?

>>23369297
i think eCurrency guy was arguing for Ripple and Mastercard was arguing for a plurality of different payment interconnection mechanisms (presumably some of which will be diverted through Mastercard)

>>23369274
>>23369313
Both Stellar and XRP are going to be used extensively. It's not one or the other. Both.

>>23369351
XLM lady was arguing for XLM as the base/infrastructure layer for payments basically, which CBDCs would be built on. i think. idk they were all speaking in pretty broad generalities but it seems like they were split between Stellar/Celo guy in favor of permissionless and Masterard/eCurrency in favor of centralized

>>23369362
yeah the Celo guy mentioned something like this, saying that the same framework probably wouldn't be used by a guy making a small purchase in the developing world and a person transferring money between German banks

should I bake the next thread?

Is all this confusion maybe a diversion to make it seem like they’re discussing a plan ahead for the normies when really they already have the plan?

>>23360860
>>23369187
>>23369203
>>23369218
>>23369239
>>23369240
Yeetcrypto on twitter check them out

>>23369429
Gtfo pajeet

>>23369362
The only market I care about is the interbank/interCBDC market (ripple’s target).

In that market, XLM is not a serious consideration, with one of the biggest issues (not strengths) being that it is permissionless.

As far as actual CBDCs. I’ve already written extensively in this and other threads as to why no country will use XLM or any other coin for it. They will all come up with their own.

In that sense, I can see XLM being a quasi global ccy, predominantly aimed at those nations whose domestic currencies are trash, but I can’t see it being used in an ‘official’ capacity anywhere that matters (US, EU, UK, Japan, China).

>>23369429
>Yeetcrypto
Come back to me when you have bigtittygothgfcrypto. That's the only memecrypto I'm interested in.

>>23369387
>>23369403
Yeh, that’s basically my view: centralised for the big boys (interbank, actual CBDCs themselves), with other coins used in the third world as a global ‘my ccy is shiny pebbles’ currency.

>>23369424
my theory from watching Lagarde talk about 'the need for input' and the debate between different entities is basically that they are making a show of not being decided already but secretly it's been planned and the foundations have already been laid

In Carsten's final comments at the end of the first panel you could see him kind of smiling as he talked about this. they keep saying "we need to go slow" "it can't happen overnight" and i have the hunch these are inside jokes

"And that's why we think doge is perfect for cross border payments."

So,
What's the big thing to look out for today?

>>23369568
the dump

>>23369586

new thread

>>23369568
the fud

We want good things for better faster, we will better faster by more secure, but private sector must also secure better faster banks institutions organizations must all work in tandem and its happening better faster more secure and cross border payments for governments banks and all regulators work together existing solutions can solve all we must have digital identity big factor here is pay ID type information on a data exchange in a trusted way we must all work together for this reason and interoperable to make more secure better faster stronger.

>>23369447
>In that market, XLM is not a serious consideration

Stellar is a serious consideration, it is Iso20022, The Stellar Foundation is a non profit and can, at any moment, donate its XLM. Stellar is connected to the IMF. The idea that Stellar isnt going to be a big player in the new system is utterly laughable and reveals just how little most people know about this.

Stellar is going to be all over the place, hell that's why Stellar is going to be the only other currency on Flare when it launches.

>I’ve already written extensively in this and other threads as to why no country will use XLM or any other coin for it.
And you're wrong

>>23369942
Do we need to register stellar for flare too?

>>23369942
I work for a bank. In derivatives/markets legal.

I would laugh anything decentralised/permissionless out of the fucking building.

It’s not a serious consideration for interbank or for CBDCs. For the latter, maybe a centralised/permissioned fork or using its tech to create something new.

But the underlying point is that neither banks, nor central banks, will have anything to do with permissionless/Decentralised.

>>23370044
>I am a cashier at mcdonalds so my opinion on the executive global strategy matters

>>23370077
You write like a cashier at McDonald’s. But work hard and buy XRP and you might one day find a better life.

The simple fact, that I’d invite you or the original guy to answer is that no bank would want decentralised over centralised. No central bank would want decentralised over centralised. Are you actually disputing that fact?

>>23370044
>I work at a bank
hahaha
>I would laugh at anything decentralized
You do realize XRP is also decentralized?

Do you even know what XRP can do? Are you familiar with the XRPL and Trustlines, Rippling, etc? You do realize that Flare brings Defi to XRP? Do you know what Flare means for XRP and the entire industry? Stellar is just as prominent, if not will be even bigger than XRP in the long term.Stellar is fucking everywhere. Everywhere just like Ripple Labs.

You're out of your depth.

>>23370181
XRP is controlled by a very limited number of validators - effectively, centralised. Is XlM the same?

I haven’t brought flare up but again: XRP’s target market is interbank/interCBDC. Are you kidding me with the defi shit? That’s entirely retail.

Just so I’m clear - you are arguing on a public forum that banks and central banks want a decentralised/permissionless coin? That’s your assertion?

Because any critical thought will show otherwise. And if XLM is not used as a CBDC and not used for interbank, what will it be used for? A third world currency.

>>23370282
>XRP is controlled by a very limited number of validators - effectively, centralised.
Good to know that BTC and ETH are centralised then ...

>you are arguing on a public forum that banks and central banks want a decentralised/permissionless
decentralised =/= permissionless

MASTER BAKER, BRING OUT YOUR FRESHEST LOAVES

>>23370282
>Are you kidding me with the defi shit? That’s entirely retail.
Hahahaha, he think's its just retail
>you are arguing on a public forum that banks and central banks want a decentralised/permissionless coin? That’s your assertion?
Nope
>And if XLM is not used as a CBDC and not used for interbank, what will it be used for? A third world currency.
These responses are incredibly short sighted.

The Founder of both XRP and XLM, Jed Mccaleb, has family ties connecting him to the Federal Reserve. In 2014 he moved from XRP to create XLM, giving the illusion that the organizations are separate entities.

XLM is moving to position itself as cross border payments. It's just as fast, if not faster than XRP. It has built in atomic swap capabilities. It's not a "third world currency" it is a world currency, it is THE world currency that is coming.

You need to open your mind, get out of your bank and see the bigger picture here. The entire world of finance is changing.

>It's happening
lol, still only 0.24$
How many days has it been stuck at 0.24? Four days? Five days?

>>23370410
And you’re now avoiding the question because you know your position is retarded.

XRP has a limited number of validators. Is XLM the same?

XRP is not permissionless. XLM is. Do you imaging that banks/central banks would use a permissionless coin? It’s all about control with them. Why the fuck would they want permissionless?

XLM will be a global third world currency. That’s the connection with the IMF. It satisfies their ‘inclusion’ KPI. It will not be used as a CBDC or for interbank transfers.

>>23370438
I see. So you’re just retarded.

Will the US give up the dollar? Will the EU give up the Euro? China the yuan? Will they give up that control in order to hand it over to XLM? That’s what you’re arguing?

And the world of finance is it changing, if by changing you mean using a decentralised, permissionless bridge. How many validators does XLM have? Can it be controlled by banks and central banks in house? (As XRP can with the limited number of validators going to certain trusted entities)

You’re ranting like a madman but can’t answer the central question: why in the name of duck would any jurisdiction that matters give away control like that?

>>23370477
Holy fuck, checked and coronapilled. I've missed you, Gary.

>>23370438
>>23370410
Hell, XLM’s whole MO was ‘banking the unbanked’ wasn’t it??
Third world currency.

>>23370546
>Will the US give up the dollar? Will the EU give up the Euro? China the yuan? Will they give up that control in order to hand it over to XLM?
Yes and no. How do you define "control". What do you even mean by that?

Do you not see what is coming? Do you not understand how XRP and XLM are going to operate in the grand scheme of things?

Like the other poster said Decentralized does not equal permissionless. Stellar is going to be used by banks whether you agree to it or not. It's the most liquid crypto in existence. It is faster than XRP.

>why in the name of duck would any jurisdiction that matters give away control like that?
They are not giving away control. You are just stuck in a certain mindset. Mr "I work at a bank's legal department" you sure dont know what's coming. You're in for a big surprise.

>>23368315
You mean iota parents right?
What was said?

>>23370686
>Hell, XLM’s whole MO was ‘banking the unbanked’ wasn’t it??
It's just an excuse. Stellar will be used by everyone. Jed Mccaleb has family ties to the Federal Reserve.

Everyone is going to use Stellar.

>>23370697
A digital dollar will be centralised. With one single controlling entity: the US govt. that’s what I mean by control. They will be able to do whatever they want with it - affect the supply predominantly, to allow them to effect monetary policy.

XRP is similar in that by having certain key institutions as validators, banks can be sure to effect whatever they want.

You literally started this discussion by saying the stellar woman claimed it was permissionless? That’s not the case now?

What the fuck would banks use it for? They may accept XLM deposits, etc, like any other ccy, but what will they ‘use’ it for? Interbank transfers? Nope.

Read every one of the reports that have come out from CBS and the BIS. Control over the CBDCs is key to them.

XLM will be ‘banking the unbanked’ a third world currency.

And so you imagine investors want to use the third world currency or the US/EU’s etc, official currency?

>>23370738
Sure. The US is going to stand by while everyone uses XLM instead of their own in house CBDC which they control.

Read the fucking reports. They want control. They don’t want offshoring. They don’t want dollarisation. They want full control. Look at the reaction to Libra. They don’t want anything decentralised being used.

>>23370813
>You literally started this discussion by saying the stellar woman claimed it was permissionless?
No I did not. You're ranting like a crazy person, re-read what I said.

>What the fuck would banks use it for?
CBDC's will probably use Stellar. You really believe that malarky about Stellar being decentralized? Is it really all that decentralized? hahahaha

>XLM will be ‘banking the unbanked’ a third world currency.
No. Everyone is going to be using Stellar. It is the most liquid crypto in existence. There will be CBDC's alongside cryptocurrencies. Hell the USD will probably be a token than runs on Stellar. Stellar specifically states that it was made for digital representations of any currency.

You don't understand crypto.

Read this: https://www.stellar.org/blog/tokens-on-stellar?locale=en

>CBDC's want control and Stellar doesn't give them that

Jed Mccaleb is related to people running the FEDERAL RESERVE

AND YOU ARE STILL ARGUING AGAINST STELLAR

HAHAHAHAHAHA

You're nuts.

>>23371046
See: >>23370849

CBDCs will use stellar for what? They’ll use the technology to develop their own coins? They’ll hard fork it? How does that boost XLM?

> Everyone is going to be using Stellar
Stellar or XLM?

>Jed Mccaleb is related to people running the FEDERAL RESERVE
Oh fuck, sorry I didn’t realise he was related to people. Pack it up folks, we’re done. So can the fed, if using XLM, affect the supply of XLM at Will? Could they do that if they had their own coin instead of XLM?

Jesus Christ, kid. You’re getting dumber by the post.

>>23371046
Sorry, this was the one with the stellar woman and permissionless
>>23369274

>>23365286
Who let this nigger in???

>>23371046
And there you have it: a token that runs on stellar. Not XLM.