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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23396186 No.23396186 [Reply] [Original]

IMF and USG officials describing Ripple without saying Ripple edition

>Flare snapshot date - December 12th 2020:
https://flare.ghost.io/claiming-spark-faq/
https://flare.xyz/supporting-exchanges/
https://flare.wietse.com

>Past /XSG/ threads
>>/biz/?task=search2&ghost=yes&search_text=&search_subject=xsg&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=op

>UHNWI aka Mellon:
>>/biz/thread/S16595583
>>/biz/thread/S17266853
>>/biz/thread/S17914598
>>/biz/thread/S18102776
>>/biz/thread/S18417446
>>/biz/thread/S19283439
>>/biz/thread/S19919081
>>/biz/thread/S19980410
>>/biz/thread/S20098041
>>/biz/thread/S20429829
>>/biz/thread/S20720991

>Kendra Hill:
https://threadreaderapp.com/thread/1189356847117033484.html

>Other Insider:
>>/biz/thread/S17203568
>>/biz/thread/S19464720

>Other Other Insider:
>>/biz/thread/21924286#p21931998

>Bank of Canada Insider:
>>/biz/thread/S20806161

>Conference Anon:
>>/biz/thread/S21274558

>33 million XRP anon:
>>/biz/thread/S21485221

>Judy Shelton (Trump Fed nominee):
https://www.cato.org/cato-journal/springsummer-2018/case-new-international-monetary-system

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>Twitters:
https://twitter.com/BabaCugs

>What wallet do I use?
There is no right answer for this. Mostly personal preference and security vs. convenience.
Hot storage (with Spark support) - XUMM or Exodus.
Cold storage - Ledger/Trezor or Paper/Metal Wallet

Previous thread: >>23382636

>> No.23396210

https://mobile.twitter.com/ijulianflash/status/1318302587565821959
>"Imagine if there was a single token that was recognized on both sides of that divide and when you receive it you can cash it out into your local currency and when I receive it I can cash it out into my local currency without the need to change it." - @BrianBrooksOCC

>> No.23396261
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23396261

https://web-assets.bcg.com/7c/e0/596af1214f32820093f1f88c05f0/bcg-global-payments-2020-fast-forward-into-the-future-oct-2020-1.pdf

whoops they said ripple (picrelated)

>> No.23396286
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23396286

this IMF paper describes On Demand Liquidity almost exactly how Ripple has designed it:
https://www.imf.org/en/Publications/Policy-Papers/Issues/2020/10/17/Digital-Money-Across-Borders-Macro-Financial-Implications-49823

>> No.23396302

David Schwartz gave a talk about Ripple at Berkeley yesterday, here is the text:
(note file size and date)
https://pastebin.com/zAAB9Hu3

>> No.23396320
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23396320

>>23396186
bless you, baker
choice pic, too

>> No.23396325

Canada's digital overhaul of many government functions to include 'digital wallets'
https://twitter.com/BabaCugs/status/1318373454916222979/photo/1

>> No.23396342
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23396342

https://news.bitcoin.com/digital-ruble-russia-central-bank-digital-currency/

>As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.

>> No.23396350
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23396350

THIS! IS! XSG!!!!!!!!!!!!

>> No.23396381
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23396381

this fellow, CEO of eCurrency, seems to be describing something quite a bit like Ripple, don't you think?
https://twitter.com/RK_XRP/status/1318244998706565125

>>23396320
thanks mane

>> No.23396393

Why doesn't Ripple just burn the remaining unsold XRP?

>> No.23396405

>>23396342
Russia, China, EU, Canada, England, all onboard the digital currency train- Jerome Powell said yesterday they are looking into the Digital Dollar- seems like things are moving ahead pretty quickly!

>> No.23396439

>>23396393
define "unsold." it's alleged that much of the XRP that's held in escrow is already spoken for by institutional investors who bought it at discounted rates several years ago

this is speculation, however. could be wrong.

>> No.23396567

>>23396439
yeah you know, they've been calling to release some of it every month, like 1 billion but I've never seen more than the 45 billion is circ...
>just monetary reserve

>> No.23396610

Wait why is there 2 XSG #102? The first #102 doesn’t even have 100 replies yet