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/biz/ - Business & Finance

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Anonymous Sun Jul 30 18:19:37 2023 No.55704523 [Reply] [Original]

>xrp holders don’t even know what xrp does

>>	Anonymous Sun Jul 30 18:20:12 2023 No.55704527 >>55704523 >P-please spoonfeed me nice try you've had 10 years retard

>>	Anonymous Sun Jul 30 18:20:14 2023 No.55704529 >>55704523 Op is not wrong

>>	Anonymous Sun Jul 30 18:21:21 2023 No.55704537 >>55704523 Do you know what ANY of your coins do? Checkmate, gaytheist.

>>	Anonymous Sun Jul 30 18:21:24 2023 No.55704539 >>55704529 This!! So what does XRP actually do? Can the schizo's even answer this? And where do I buy it? Whats the SUI/Make it stack and price prediction? Not that I have any interest in buying any for myself, I just want to laugh haha

>>	Anonymous Sun Jul 30 18:23:16 2023 No.55704556 >>55704523 i don't know what the coins i hold even do

>>	Anonymous Sun Jul 30 18:23:46 2023 No.55704560 >>55704539 Biz isn't a search engine. https://yandex.com/search/touch/?text=what+does+xrp+do%3F&search_source=yacom_touch_common&mda=0&lr=21265

Anonymous Sun Jul 30 18:23:50 2023 No.55704561

>>55704527
I have never once had a discussion with xrp tards were they are forecasting how the technology is going to morph in the future.

It’s always a buzzwords like “cross border payments”, “big players”, “cbdcs”. Never had anything to do with actual underlying technology and why xrp is a desirable. Their explanation is always because the people involved are just connected.

I’m also betting you will not prove me wrong.

>>	Anonymous Sun Jul 30 18:24:58 2023 No.55704564 FEDNOW is IMMINENT. I repeat: FEDNOW is IMMINENT.

Anonymous Sun Jul 30 18:27:28 2023 No.55704578

>>55704561
XRP's primary use case is in cross-border payments. When individuals or businesses need to send money internationally, traditional banking systems can be slow and costly due to the involvement of multiple intermediaries and the need for currency conversions. XRP offers a more efficient alternative by serving as a bridge currency. Let's say a payment needs to be made from Country A to Country B. Instead of directly converting Country A's currency to Country B's currency, the sender can convert their money into XRP, which can then be quickly and inexpensively sent to the recipient. Once the XRP arrives in Country B, it can be converted into the local currency, completing the cross-border payment. The speed and low transaction costs of XRP make it an attractive option for cross-border transactions.
Large financial institutions, banks, big players, and multinational corporations, have recognized the potential benefits of using XRP for cross-border payments. These entities deal with significant volumes of international transactions and are continually seeking more efficient ways to move money across borders. Many big players have partnered with Ripple and integrated its payment solutions, such as RippleNet, to leverage the benefits of XRP's technology. By using XRP as a bridge currency, big players can expedite cross-border payments, reduce fees, and improve overall transaction efficiency. While XRP is not a CBDC itself, it has the potential to be used in conjunction with CBDCs in the future. XRP's underlying technology and the Interledger Protocol can be utilized to facilitate the interoperability of different CBDCs and traditional payment systems. Ripple has been exploring partnerships with central banks and government entities to integrate its technology with CBDC initiatives. If CBDCs gain wider adoption, XRP could play a role in enabling seamless and efficient cross-border transactions involving these digital currencies.

>>	Anonymous Sun Jul 30 18:31:36 2023 No.55704598 >>55704561 If you mean XRP holders don't how the tech works you're mostly correct. If you mean XRP holders don't know what it does you're mostly incorrect.

Anonymous Sun Jul 30 18:33:21 2023 No.55704608

>>55704578
> Let's say a payment needs to be made from Country A to Country B. Instead of directly converting Country A's currency to Country B's currency, the sender can convert their money into XRP
How is A to B less efficient than A to XRP to B
Honest question

Anonymous Sun Jul 30 18:34:25 2023 No.55704612
File: 839 KB, 1768x1994, Screenshot_20230727_125341_Chrome.jpg [View same] [iqdb] [saucenao] [google]

>>55704578
That was the idea like 10 years ago. Banks showed no interest because the price was too volatile. Since then it has done absolutely nothing and almost certainly never will.

>>	Anonymous Sun Jul 30 18:34:28 2023 No.55704614 >>55704608 because you cant send something A to B lol unless you got really long arms i guess

>>	Anonymous Sun Jul 30 18:36:22 2023 No.55704624 >>55704612 You bloody bastard bitch fudder please delete this fake image you repost it how many times?!?!

>>	Anonymous Sun Jul 30 18:39:14 2023 No.55704641 >>55704578 >>55704614 >what is swift

>>	Anonymous Sun Jul 30 18:40:02 2023 No.55704646 >>55704527 >10 years in crypto If you hold crypto for more than 5 years you’re doing it wrong

>>	Anonymous Sun Jul 30 18:41:08 2023 No.55704652 >>55704641 history

>>	Anonymous Sun Jul 30 18:44:58 2023 No.55704671 File: 22 KB, 640x479, DA9B4D74-3C8C-49B1-B509-3D6EDA8D59FD.png [View same] [iqdb] [saucenao] [google] >>55704652 >swift will use xrp! >xrp will replace xrp! Absolute state

Anonymous Sun Jul 30 18:46:43 2023 No.55704682

>>55704523
You have to distinguish the difference between speculators who have XRP and XRP holders.

Many people are only speculating on XRP and they intend to sell the first chance they get. As soon as we make a new all time high they are going to sell. There are many examples of this kind of person. Just like Moon Lambo. He often says he is gonna sell the majority or all of his XRP even before it makes a new ATH.

XRP holders are in this for utility because they know what XRP can really do.

XRP speculators are putting in alot more money and exposing themselves to alot of risk because they are trying to sell out early. XRP holders will probably never sell. They will wait till the moon happens and then they can stake their XRP and earn from it.

XRP speculators dont care what XRP does because they are just betting on it making a new ATH after bitcoin does.

>>	Anonymous Sun Jul 30 18:49:30 2023 No.55704700 >>55704682 Xrp can’t be staked?

Anonymous Sun Jul 30 18:52:58 2023 No.55704722

>>55704700
I am talking about an after XRP moon scenario. I would never stake my XRP before utility takes off but after we have a large price appreciation there will be new ways you can stake your XRP. You will probably be able to hold your XRP with Polysign or Ripple and get a % return paid to you each month.

>>	Anonymous Sun Jul 30 18:57:54 2023 No.55704748 >>55704523 Its going to hits 3 figures. Just you wait anon. Keep laughing. Its going to 589 dollars.

>>	Anonymous Sun Jul 30 22:48:27 2023 No.55706463 >>55704564 word

>>	Anonymous Mon Jul 31 02:35:45 2023 No.55707923 >>55704523 None of you know what any coin does, dipshit

>>	Anonymous Mon Jul 31 02:38:30 2023 No.55707944 >>55707923 Actually it’s pretty simple >bitcoin- first ever crypto >eth- creates smart contracts >link- makes smart contracts usable

>>	Anonymous Mon Jul 31 02:40:40 2023 No.55707962 >>55707944 Too bad it's still eth baby dick contracts

>>	Anonymous Mon Jul 31 02:45:02 2023 No.55707992 i have 100 xrp and im gonna be rich, hows that for what xrp does lmao

>>	Anonymous Mon Jul 31 02:55:35 2023 No.55708053 >>55707962 Cope What does xrp do? Are you going to post another paragraph worth of babble to explain? Kek

>>	Anonymous Mon Jul 31 02:59:39 2023 No.55708079 File: 2.09 MB, 1000x576, 1684849880184315.gif [View same] [iqdb] [saucenao] [google] >>55708053

>>	Anonymous Mon Jul 31 03:33:39 2023 No.55708311 >>55704523 I'm fully committed to this crazy XRP journey, Faggot. Don't spill the beans to those retarded fags that I own a piece of Tesla on Eloop, raking in profits from their daily ridesharing revenue

>>	Anonymous Mon Jul 31 03:37:07 2023 No.55708332 File: 14 KB, 250x250, 1690407935118121s.jpg [View same] [iqdb] [saucenao] [google] >>55707992 Keep a tight grip on your bag, Jeet. I'm holding KREST for that sweet PEAQ airdrop. It was a genius move, Anon.

>>	Anonymous Mon Jul 31 03:39:00 2023 No.55708344 >>55704523 I remember reading about it several years ago. Isn’t it’s utility basically like Bitcoin, but with faster transaction times?

>>	Anonymous Mon Jul 31 03:39:11 2023 No.55708345 File: 33 KB, 657x527, 1597190458709.jpg [View same] [iqdb] [saucenao] [google] >>55704523 I know what it does : it transfert goyim's money into jewish grifters' pockets. See?

>>	Anonymous Mon Jul 31 03:41:24 2023 No.55708354 >>55704578 >I just bought the recent top and it's already overwhelming my life.

>>	Anonymous Mon Jul 31 03:41:55 2023 No.55708357 >>55704612 >the price is too volatile Isn’t that irrelevant though? In theory bank A would purchase xrp as soon as a transfer is needed, then send it to bank B, where bank B will immediately cash it out. All within the span of seconds.

Anonymous Mon Jul 31 04:18:55 2023 No.55708543
File: 250 KB, 1283x2025, FuwkhJXXgAAQ3Mg.jpg [View same] [iqdb] [saucenao] [google]

>>55704523
>liquidated as soon as jewbase opened trading
>made several hundred dollars of gains
I bought like $300 worth several years ago, before coinbase stopped trading. They mentioned we could sell or they would lock it, I had faith retards would raise the price a bunch if they added it back or they survived the SEC. The risk paid off, I sold, now it can crash.

>>	Anonymous Mon Jul 31 04:52:31 2023 No.55708715 >>55704682 Nobody knows what XRP can do because nobody is going to use that dogshit. Token not needed retard

>>	Anonymous Mon Jul 31 04:55:39 2023 No.55708729 File: 178 KB, 720x1087, Xrapid.jpg [View same] [iqdb] [saucenao] [google] >>55704523 https://ripple.com/insights/much-ado-much-to-do-part-3/

>>	Anonymous Mon Jul 31 05:02:45 2023 No.55708764 >>55707944 LINK is vaporware. It will never do anything. ETH is smoke and mirrors. No one uses it for anything. Except monkey pictures. XRP is in use in ODL today.

>>	Anonymous Mon Jul 31 05:24:09 2023 No.55708843 >>55704523 thats the secret: it doesn't do anything

>>	Anonymous Mon Jul 31 05:33:13 2023 No.55708862 bros if I go on vacation, would it be cheaper to transfer my money trough xrp so I get the other currency? Like from euro to dollar? Because now I pay way to much transaction cost whenever I get some cash at a bank in another country

Anonymous Mon Jul 31 05:39:33 2023 No.55708880

It’s actually hilarious how half this bitnigger board doesn’t even know XRPL is the very first DEX and introduced the ability to create trust within it’s ledger which mETH tries to replicate through “smart contracts” which is essentially a “”trustless”” shitcoin casino.
It’s 2023, bitniggers still believe ripple runs all the nodes kek kys faggots

Anonymous Mon Jul 31 05:42:28 2023 No.55708893

>>55708862
You'd have to have a foreign bank account linked to your exchange account.

If you already have that then I would guess it's very likely.

If you don't already have a bank account at the county you're visiting then it would probably be a huge pain in the ass to get one just for that purpose.

>>	Anonymous Mon Jul 31 07:22:57 2023 No.55709243 >>55708893 I am going to look into this, if this saves like 5% every vacation in my life its pretty substantial

>>	Anonymous Mon Jul 31 07:39:45 2023 No.55709297 >>55704578 HOLY FUCKING COPE

>>	Anonymous Mon Jul 31 09:21:29 2023 No.55709578 File: 1.90 MB, 1767x1185, png.png [View same] [iqdb] [saucenao] [google] >>55704523 It just does XRP things, okay?

>>	Anonymous Mon Jul 31 10:11:33 2023 No.55709732 File: 12 KB, 485x312, 0249_-_mmTnRA1.png [View same] [iqdb] [saucenao] [google] >>55704523 >xrp holders don’t even know what xrp does Gonna make me rich you absolute faggot

>>	Anonymous Mon Jul 31 10:23:00 2023 No.55709771 >>55704523 it makes us rich

>>	Anonymous Mon Jul 31 10:39:49 2023 No.55709840 >>55708764 >XRP is in use in ODL today. You have no idea what that means do you?

>>	Anonymous Mon Jul 31 10:41:57 2023 No.55709847 >>55704560 reminder yandex is a kremlin asset.

>>	Anonymous Mon Jul 31 10:52:21 2023 No.55709893 >>55709847 muh ruskies stfu boomer

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