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XRP - Ripple (in the pond)

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wayneL said:
Wish I had got on board with all this stuff earlier... It's not that I don't have a brain capable of technical thinking, I could bore people for 6 hours straight with with digital morphology, physiology, biomechanics and suchlike.... stuff perhaps only 0.001% of the population might be interested in.

Try as I may need to understand all this crypto stuff, and beyond the absolute basics, I start to just glaze over.

I can't even really understand how it's a thing really. lol
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For me it's a constant search for the next big thing. Generally I can handle a couple months of intense study, then go off and do something else for a bit. Blockchain is a solution looking for a problem. Most systems we have now do it better. It's mainly the decentralised novelty of it.

Example one recent nft was basically a black square that you could code something on. So eventually a group of strangers will come together to make something together. Forgot what it's called. There's also buying and selling platforms that are decentralised etc.
 
My friend was ranting on a bit about the international settlement aspect of ripple/xrp as a replacement for SWIFT BIC, and as a true useable currency.... court case notwithstanding... plus a bunch of other stuff that went over my head.

TBH, I can't see Central banks and especially The Fed not putting the kibosh on it
 
wayneL said:
My friend was ranting on a bit about the international settlement aspect of ripple/xrp as a replacement for SWIFT BIC, and as a true useable currency.... court case notwithstanding... plus a bunch of other stuff that went over my head.

TBH, I can't see Central banks and especially The Fed not putting the kibosh on it
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Everyone thought that they were going to use xrp for the transactions. But apparently they only needed a small amount of it. Banks already implemented something similar themselves. They never needed the coin. Westpac and another bank did a trial/investigation and nothing came of it.

A few banks signed up, but the token isn't important from memory. It's fast transactions though.
 
frugal.rock said:
Not sure why, but it's getting well ahead of other crypto's.
What's happening with the SEC court case?
Interesting move to say the least.

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was looking at this today as ripple was going up, my google searches found this:

According to defense lawyer James K. Filan, on Sept. 18, Ripple Labs filed a motion for summary judgment — a legal process that involves the court making a final decision based on the provided facts, rather than ordering a trial — and a decision on whether XRP is a security is expected by mid-December
 
Watching xrp with interest, been holding up well, looks like it is unpegged from btc for now. Trading view is showing xrp as a buy where btc is a sell.
 
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