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/biz/ - Business & Finance

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22517929 No.22517929 [Reply] [Original]

/XGT/ - (XRP General Thread)

Drop anything XRP related below. Memes, questions and anything xrp related. (NO STINKTARDS)

>> No.22517973

>>22517929
Nothing ever happens, btc will moon and XRP will be left behind

>> No.22518000

>>22517929
LINK $1000 eoy

>> No.22518017

>>22518000
=( STAY OFF MY THREAD LINKIE

>> No.22518026
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22518026

>jed who?

>> No.22518037
File: 266 KB, 1080x1285, 6574D687-ED55-4387-8A2D-24074E1D907F.jpg [View same] [iqdb] [saucenao] [google]
22518037

Today is a day where it’s very evident that everyone especially the linktards are fearful of the conglomerate that is Ripple that’s pushing for crypto regulations. Tuesday (not sure if by end of day or next Tuesday) we’re getting some updates on pic related. Jewbase ft. Ripple will be leading the crypto revolution in the greatest country in the world.

>> No.22518089
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22518089

nothing will ever beat this

>> No.22518119

>>22518089
wtf, is this real?

>> No.22518143

Use /xsg/ we only need 1 thread up at a time.

>> No.22518625

>>22518143
k

>> No.22518676

Totally natural chart here guys

>> No.22518947
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22518947

>>22518037
They took out Ripple after...
WONDER WHY. ;) It is happening bros.

>> No.22519030

>>22518947
just noticed this to, spooky. They said they 'updated the article for clarity'. Whatever that means.

>> No.22519078

>>22518947
Fucking Jews holy shit lmaoo

>> No.22519087

>>22518947
>>22519030
Changed it from 48 states to 49 also.

>> No.22519114

>>22517929
Its all about XDC

>> No.22519150

>>22519078
I wonder if we can get in touch with the author of the article and ask him why the change.

>> No.22519168

>>22519087
Well they did say in the article that more info was to come on Tuesday (so I guess today) and perhaps it’s non disclosure. There’s no way they’d leave Ripple out of the equation. It’s the most profession and ambitious crypto company in the world, and it’s American.

>> No.22519174

>>22519150
https://twitter.com/paddybaker_?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

>> No.22519218
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22519218

>>22517929

>> No.22519270

>>22518947
>>22519030
>>22519150
>>22519168
I suspect Ripple doesn’t fit (I’m a regulatory sense) as a ‘money service business’, in the sense that they product provides the infrastructure that such businesses use, but do not themselves engage in that business (e.g. moneygram is an MSB and they use Ripples infrastructure to conduct their business).

>> No.22519340

>>22519270
Jesus that’s barely comprehensible - sorry. You get what I’m saying though - they’re not an MSB. Their clients are MSBs

>> No.22519410
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22519410

>>22519270
That may be it.

Pic related-
This guy thinks it was faked lol... I literally checked the website, saw it...Then checked again later and it was gone.

>> No.22519450

>>22519270
Have you never heard of PayID for P2P payments and Polysign for institutional digital asset custodianship? They’re all over the place

>> No.22519471

>>22519270
Yea that must be it, that makes sense

>> No.22519486
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22519486

>>22519410
I saw it too, and even started a thread with the link. Fuck jannies

>> No.22519528

>>22519486
I actually sent a pic this morning from my phone with a drawn on arrow pointing to Ripple lol...
Now I am sending her the current one and asking her to spot the difference lol.

>> No.22519553

>>22519450
Yeh, but PayID is a product. MSBs will use that product. Ripple doesn’t move any money - they sell the product (PayID, XRapid, whatever) and MSBs (Moneygram, etc.) use that product to move money. Even the XRP link doesn’t matter - it’s not Ripple using XRP to move money, it’s MSBs.

>> No.22520027

>>22519528
Based. Keep us updated
>>22519553
PayID and Polysign are 100% XRP. I’m 99% sure Bank of America and MoneyGram will be the first financial institutions to adopt Polysign for custodianship. Just waiting for regulations

>> No.22520117
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22520117

fuk jannies

>> No.22520239

>>22520027
I know they’re XRP. But the point is, it’s not Ripple using them, so Ripple is not an MSB. To follow your post, Moneygram and BAML are the ones that will be using them to send money (making them MSBs), not Ripple.

Btw - I don’t know any of this for certain. I’m just advancing an explanation why Ripple may have been removed from being named as an MSB. I’m a derivatives lawyer, so have some experience in how regulatory labels can be fairly specific (in this case perhaps, the company that is responsible for transferring the money is an MSB, their infrastructure provider is not). It’s just a guess on my part.

>> No.22520314

>>22520239
I think the most simple answer may be the most true. They were told to remove it.

>> No.22520433

>>22520314
Told to remove it why though?

The obvious answer to me from a legal perspective (and frankly the most realistic answer) is that naming Ripple as an MSB was factually incorrect.

The Schizo answer (far juicier) is that they were directed to remove it by a shadowy cabal because XRP is about to be adopted on a large scale.

As I say - I don’t KNOW which is true. I’m just advancing what I would see as a possible explanation.

>> No.22520663

>>22520433
Life is too short to not entertain the juiciness. That's all I am saying lol.