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I thought 80% of Japanese banks were going to use XRP in 2025….what happened?

https://youtu.be/2NYtVjCKPpo?si=_OeV1JhAFsHrvA-y&t=554

>As for our development, I don’t want to say it’s a barrier but there were some challenges. In the beginning we thought that we were aiming for big banks. But we found the hurdles to be quite high. As a result we ended up with a relatively small-medium size bank for hometown remittences. We are now developing payment solutions for small-medium sized companies.

So I digged further and found this
https://www.ledgerinsights.com/japans-big-3-banks-to-use-stablecoins-swift-for-cross-border-payments/

Japans biggest banks are not going to use xrp. The 80 percent prediction is totally false. SBIs plans have regressed in a major way….im going to puke
>>
>>59553320
Fud

XRP will be used as world reserve currency

So all the money divided through the total supply = the price of a single XRP

but many XRP will be locked up

So price of a single XRP will be even higher, 3, 4, 5 or even 6 digits in the next decade or so
>>
It's called the hiding strategy. Look it up.
>>
>>59553335
>>59553340

kek
>>
>>59553340
It worked so well that even banks dont want to touch it
>>
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>>59553545
Really adds some perspective
>>
>>59553320
>We are now developing payment solutions for small-medium sized companies

lol, lmao even
>>
>>59553593
Its truly amazing how a community is allowed to spew so much information without being confronted.
>>
>>59553677
misinformation*
>>
The japanese thing has been said for the past 5 years, you didnt see it last year, because u where born this year
>>
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>>59553320
SBI was only looking at XRP because Ripple literally bought a stake in the company, and even they don't want to actually do anything with it.
What an absolute dumpster fire of a project.
>>
>>59553320
This also aligns with what Schwartz said about banks in general not wanting to use Ripple.
>>
Yes they dont want anything to do with it when their getting sued, saar yall are retards sell ur bags alrady, only smart xrp holders deserve to be rich
>>
>>59553320
https://youtu.be/r-ruxJf_Fv8?si=k9bIGZxabv33RkOD

Lol
>>
>>59553320
Are you ok? They say they are building on the ledger and distributing xrp to shareholders. You are becoming more and more unhinged lately. You know your efforts on this imageboard at the end of the day do not matter right? Soon the ETFs will launch and you will have a hard time for quite some time if you keep refreshing the front page of cmc. Touch some grass. Its not worth to lose your sanity over a crypto project.
>>
>>59553320
Dudes just start your own banks
Duh they're gonna be like that
>>
Steal their bitch ass companies with the idea they can own xrp directly and never have to follow dumb bankie mafia bs
>>
>>59554070
Customers I mean
Banks don't want to use it because you can see who and where the money be
>>
>>59554032
>They say they are building on the ledger and distributing xrp to shareholders.
How does that change what OP said lmao
>>
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>>59553320
You NGMI.
>>
>>59553320
Very good news.
Learn how interbank settlement works.
>>
>>59554126
That he posts a bullish vid with 1 sentence that you might, at most, interpret as a delay. The rest is good news. Building, developing products, interest in using rlusd as new legislation is coming in Japan. They work together since 2018. Op has to take that one point as fud because the remaining fud points (no use, adoption or price action, or Banks interested) are all disproven. All in all cringe effort as he has been postsing the same video, that i showed him, out of context, every day in multiple threads. Im worried for his mental state.
>>
>>59554344
>Building, developing products, interest in using rlusd
Literally the only company in Japan interested in this shit is Ripple itself, and a bank they partly bought (SBI).
Wake up and smell the dumpster fire.
>>
>>59553320
>a company literally gets multiple banks and this is bearish
>>
>>59554444
>>a company literally gets multiple banks
kek what company is that?
checked
>>
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>>59553708
kek

>>59553918
they say all this shit but never check their own conferences

>>59554126
everytime you present a glaring problem concerning xrp a fidget will spin it as a positive like this jackass >>59554237 and never address the red flag.

>>59554344
yeah bro you gonna trade your nfts with nakayama san from nishigiki bumfucknowhere bank in miyazaki at the osaka expo this year?
>>
>>59553320
XRP is replacing Swift and all the banks. It doesn't matter if banks don't use it.
>>
>>59554759
Sadly, theres retards on reddit and twatter that believe shit like this
>>
>>59554778
Just to add to it, banks' biggest problem rn is currency risk. They are starving for a neutral playing field, which means XRP. XRP will serve as the next world's reserve asset. The age of the USD is over.
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>>59554790
>>
>>59553320
Literally no one claimed it would happen on January 1 2025. The CEO of SBI claimed it would happen "by 2025." No one in XRP claimed this meant the first day of 2025 and fud other coin cult maxis all jumped on it in a forced semantic way to make it seem like this was a big expectation. I have heard mention of this claim more in the last week in the same fud poster spamming multiple threads than I did in the prior several months between the comment in the shareholder meeting from the SBI CEO in earnest intentional pro-XRP context.
>>
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>>59553593
Dude you are OBSESSED. You spam literally every fucking thread and get owned every single time. I said in the last thread you would continue to shill this same claim despite tacitly admitting it is absolutely disingenuous and bullshit in that thread, through abandoning it the second you were called out. What is wrong with you? Why be so snivveling and snakey and weird to market your crypto you are cultishly convicted to the success of? Extremely weird
>>
>>59553677
see pic related in
>>59555267

>>59553708
Literal fucking retard. InvestEE, not investor. As in, SBI Holdings are an INVESTOR in Ripple. They are the largest outside shareholder of Ripple, talk regularly about them to their shareholders for this reason, and announced recently:
https://www.binance.com/fr-AF/square/post/12120946966714

https://bitcoinist.com/japanese-giant-sbi-nfts-xrp-ledger-polygon/

Please learn to read the english language before trying to use it.
>>
>>59554593
The ledger never stopped producing valid ledgers, it just paused processing them. Same as last few times. Not a big deal in the slightest nor does it even really qualify as a Solana-esque crash of the network, which has never crashed in is over a decade of running, even in extremely volume intensive spikes. One dude going on Twitter and using extremely consciously and deliberately over-the-top severe language to characterize it does not change this reality and the price didn't drop literally at all from it as a deeper proof of its insignificance. His argument doesn't even make sense. Assets on chain were never at risk and how would sending them to exchange secure them? Lol
>>
>>59555267
Wtf s this bs FUD. So if I want to see a business built on Ripple, it won't come directly from a partnership with a successful bank? Ripple is in bed with all successful banks retard.
>>
>>59555294
Never stopped producing valid blocks*
>>59554415
They didn't partly buy SBI, you are just objectively (in this context) functionally illiterate, which speaks to the character of your opposition. See:
>>59555283
>>
>>59555294
>which has never crashed in is over a decade of running
Chat is this real?
>>
>>59555296
You misinterpreted my post. I was correcting an earlier post that deliberately mischaracterizes a quote from David Schwartz. Fud driving other coin obsessives were so deliberate sharing the quote disingenuously that David had to come out and explicitly correct them, which is the quote in my tweet. He never said that banks would not be improved using XRP, he said that banks were already successful and the deep success stories come from people who don't have the priviliged systemic position of big banks etc.
>>
>>59555311
Yes. If not, say when. It has paused a few times but never once stopped producing valid blocks and processed all transactions when it resumed every time, including yesterday.
>>
>>59554593
You got fucking WRECKED in the last thread you tried this and disingenuously spun every point at every turn and stopped arguing points after getting beaten on that you are repeating here and post in every single xsg. Your comment on XRP community response to "red flags" is profound projection to a level that is unreal
>>
>>59555317
I suspect you are a fuddie larping as a Ripple defender but implying that successful banks will not use XRP to fool newfags. Your David screencap is most likely photoshopped or out of context. All the money, anon.
>>59555325
What's the difference between crashing, pausing, and suffering downtime? Genuine question. Has the XRPL ever faced downtime?
>>
>>59555340
You are low IQ. I am literally saying that they will use XRP but that David is prouder of his contribution to leveling the playing field against them for the little guy. You are too defensive and not taking time to understand what I'm saying.
>>59555340
If the network stops generating blocks it has crashed, if it continues generating them and does not process them it is a pause on the network which when consensus is resolved processes the backlog.
>>
>>59555353
Is the tweet even real or you are just making ship? Post the link buddy.
>If the network stops generating blocks it has crashed, if it continues generating them and does not process them it is a pause on the network which when consensus is resolved processes the backlog.
I don't understand what any of this means.
Has the XRPL ever faced downtime?
>>
>>59555365
Sounds like you should read a bit more about the literal fundamental first principles of blockchain. Yes it has paused, no it hasn't crashed.
Here is the link. You are misunderstanding because you literally don't know the basics
https://x.com/JoelKatz/status/1856495642094535044
>>
>>59555387
Why does pausing not matter? I mean won't users and banks want no downtime ever?
>>
>>59555397
Dude literally just type blockchain 101 into google and watch a video and stop commenting until you understand this. This is like going to a math forum and asking what hole the square shaped block is meant for and why.
>>
>>59555420
Get off your high horse. How does typing "blockchain 101" on google answer the question "won't users and banks want no downtime ever?".
>>
>>59554593
>>59554237
The investment thesis is:
> XRP supply is fixed
> XRP is burned as transaction fees
> the amount of circulating XRP will decreases if XRPL is used, hence the price should rise

The thing with interbank transations is that banks tend to group transactions and send them in batches and not individually.
I.e. if there are 3 separate transfers from bank A to B, worth $1000, $100 and $10, bank A will simply send $1110 to bank B along with the note how to split the money.
If XRPL is used for interbank transactions, then the XRPL use scales not with the number of transations, but with the square of number of participating banks.
It logically follows that getting lot of small banks to use XRPL is better than getting a few large banks to do it.
Also allowing smaller banks access to a cheap international remittance product based on XRPL makes these banks stronger vs big banks and competition is good.

> XRPL is shitting itself
From what I saw yesterday, some blocks were rejected because there was no majority consensus on them.
So? Everyone knows what these blocks are, if you had a tx in these blocks you just had to resubmit the tx.
Concerning? Yes. Catastrophic? Far from it.

> Ripple will offer banks private ledgers and abandon XRPL (and thus XRP)
That's exactly why this is a high risk investment with potentially high payoff.
If you don't want risk, but T-bills.
>>
>>59555445
>Ripple will offer banks private ledgers and abandon XRPL (and thus XRP)
Nobody said that ITT. You are another retard fuddie larping as an XRP defender trying to push fs fud. Probably a samefag too.
>>
>>59555429
I am saying you are a new person who is bogging discussion in shit that everyone else took it upon themselves to know which requires very little effort. If you don't know the difference between a network crash a pause which still produces valid blocks, you have no idea what you are talking about. To answer your question: Of course, ideally, they would want no downtime. Even permissioned networks experience downtime and maintenance. The transactions submitted are still processed just with a delay to ensure the security of the network when processing. Reality is imperfect but XRPL particularly using interledger is a massive step forward and solves Triffin's Dilemma/counterparty risk/trading pair volitility/liquidity having superior atomic settlement with auto-bridging a built in order book and next gen automated market maker that makes XLM's for instance look like trash/etc. This is a quantum leap in technology above the traditional permissioned network and has the competence to be quantum resistant etc. There are a million reasons why 3 down times spanning a few total hours across over a decade (less time than any bank network's collective maintenance etc.) is about as big of a deal as your friend accidentally slowing down at a yellow light on 1/1000000 times he drives you home from work.
>>
>>59555445
It was a problem that was for sure important for network operators to resolve but was absolutely not a big deal or even remotely a substantial threat to the network
>>
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>>59555283
This is old shit and I got my pics mixed up, see pic instead.
Ripple and SBI are in cahoots with financial interests going both ways, and they're trying to push XRP but nobody's biting, as they now admit themselves.

Like Schwartz said, banks simply aren't interested in using the tech. All SBI is doing is speculating.
>>
>>59555466
Right, I just don't get how we can act so high and mighty on the no downtime issue when the XRPL did suffer some downtime. When I researched this I was told the XRPL never suffered any downtime but I guess that's wrong.
>>
>>59555479
I am not being high and mighty you are just extremely insufferable and refuse to do the minimum amount of work to understand something and we are not going to revert to day 0 discussion just because you are lazy. The XRPL never crashed, you still literally don't even understand the difference between this, which is my whole point. Stop commenting and learn
>>
>>59555490
Who the fuck cares if the technical term is crashing or pausing. If it stops working for a while then that's downtime which is what users don't want. The XRPL is good overall but ofuscating simple facts about its history is a bad look.
>>
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>>59555257
>>59555267
>>59555283
>>59555339
>>59555325
>>59555353
>>59555387
>>59555420
kek this must be the guy who linked the SBI video without even watching it. Funny how Fidgets never address the elephant in the room. 80% of banks will not use your crippled, centralized PoA ghost chain. So what justifies XRPs current market cap? If they're not replacing the worlds financial system, what exactly makes it worthy of its speculative value.

>>59555445
ok david, no one uses your insecure chain and apparently neither could they give a shit about it
>>
>>59555511
>So what justifies XRPs current market cap?
Ripple will replace the banks retard. We don't need the banks to use XRP.
>>
>>59555478
Schwartz didn't say banks aren't interested in holding the tech and over half of Ripplenet usage (which processes billions in institutional transactions yearly) are ODL transactions which use XRP (which network has processed over a trillion dollars in transactions. Ripple do not own 40% of SBI, which are themselves several times higher marketcap than Ripple (how would a company dozens of times smaller than another company own 40% of the larger company?), they have a joint venture with SBI using blockchain, which makes the exact OPPOSITE of the point you are trying to make and shows that SBI are deeply interested in using them in a venture they have majority control over. Commercial banks increased their purchase of XRP several hundred percent over the last year and more deals have been made to use Ripple in the US over the last 6 months than the prior year. A majority of the consortium central banks also bought billions of dollars of XRP. XRP are partners with most of the Fednow service providers, which (Fednow) itself enables use of XRP in payments, etc. They are on the Federal Reserve's Faster Payments Steering Committee, the Bank For International Settlements' Payments Taskforce etc. Literally so much more. More on the SBI thing you misinterpreted:
https://www.ledgerinsights.com/ripple-owns-third-sbi-money-tap-blockchain-payments/
>>
>>59555520
kek the Ripple psychic driving team really convinced you all to repeat this mantra
>>
>>59555478
>>59555523
XRP is top 5 by trading volume and is used by global institutions and has been used to transact over $1 trillion dollars. 19 central banks (out of 45 members) announced purchasing a 10 billion dollar position in it:
https://talkmarkets.com/content/xrp-holdings-surge-19-banks-report-1027-billion-investment-positions?post=445786
Institutions are also buying it up. Cope:
https://coingape.com/xrp-institutional-buying-soars-266-ripple-vs-sec-lawsuit-appeal/
Other faggot will love this announcement from SBI:
https://www.crypto-news-flash.com/ripples-grand-plan-unveiled-xrpl-nfts-to-steal-the-show-with-millions-of-users-set-to-join-initiative/

XRP has additionally been used in billions of dollars worth of tradfi payments.

Roughly 50% of their payments are already carried out using ODL:
https://www.scb10x.com/en/blog/crypto-enabled-infrastructure

https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger
Archax is the first ever digital securities exchange regulated by the FCA in London:
https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger
See also:
https://archax.com/insights/archax-adds-state-street-fidelity-international-lgim-offerings-to-regulated-digital-platform
Interesting connection:
https://thecryptobasic.com/2024/09/16/bitstamp-and-ripple-to-launch-derivatives-exchange-on-xrp-ledger/

There are hundreds of institutions using Ripplenet and again 50% of transactions are ODL. This number will only increase as the legal side is resolved and the rollout continues.
>>59555523
I never linked the SBI video, I am the guy who you accused of linking it in the last thread, I corrected you saying I never did, and you like every other point as you were proven wrong, jumped ship from the accusation.

All of above, see:
https://pastebin.com/Bb4GNJrG
>>
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>>59555523
>Schwartz didn't say banks aren't interested in holding the tech
>holding the tech
... what

>Ripplenet processes billions in institutional transactions yearly
That's exactly what Schwarz says it does NOT do.

>>59555542
>XRP is top 5 by trading volume and is used by global institutions and has been used to transact over $1 trillion dollars.
I guess Schwarz and the SEC are both lying then.
>>
>>59555499
Because they are different things with different implications, you literal fucking retard. It isn't obfuscation. If you slapped someone or shot someone, the reality is different and the legal response and peer judgment you would receive is different, because it deserves to be, because the two conditions are different. The only difference is you personally understand the difference between being slapped and shot for me to make the analogy which is itself only necessary because you understand so little about dlt that you need a retard child level analogy to grasp the difference. Reality doesn't become less specific just because you choose to look at a part of it you don't sufficiently understand enough to interpret meaningfully/at any level of actual depth. STOP POSTING AND LEARN (or go to Reddit).
>>
>>59555551
How many times are you going to continue sharing the same pic you know is a lie which David himself said is a mischaracterization of what he said which I already shared in pic related in >>59555267? No, he doesn't say it does not, and it objectively does, per the CEO of the company as well as the testimony of their partners and subsidiaries (like Tranglo, the Moneygram of the east). How exactly are they lying when they never made the claim you claim they did and you are just making it up to larp fud because you have nothing actually deep to say by way of real substantial critique, which is deeply telling and steelmanning to the Ripple bull case and telling of the type of persona that comes at this from where you are.
>>
>>59555551
Isn't it interesting how people linkpeople OBSESSIVELY parasite-glom onto every single mention of XRP in the least critical and most insufferably petulant way imaginable but the people in the XRP community pretty much don't even consider link or ever comment in its threads unless antagonized and the external perception is that link and XRP community are in a fierce constant shit flinging rivalry, LITERALLY just because the link community are so terminally butthurt and persistently and perpetually antagonistic? Lol
>>
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lmao this "juw" is losing his mind
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>>59555578
>mischaracterization
Those are literally his words, in context.

>pic related in >>59555267
In that pic he's literally confirming it: he's saying no existing "successful" banks are interested in using Ripple/XRPL.
You said "global institutions" are using XRP, but all global institutions are obviously "successful" banks. So no, they are not using XRP according to Schwarz.
>>
>>59555611
Name a single thing I'm wrong on.
>>
>>59555622
kek you really are a jew, take a break from /biz/ david we know you're ID hopping
>>
>>59555621
And he LITERALLY, because disingenuous faggots like you were mischaracterizing them, commented on the quote to say that you were mischaracterizing him, which you know but pretend not to because you are DESPERATE and have no integrity. Again, see pic related in >>59555267
Then read:
>>59555523

You are deliberately mischaracterizing him because you are in a fucking cult of crypto backing the floundering establishment play of SWIFT, which is so pathetic I can't even imagine anything worse.
>>
>>59554344
I get that the video is bullish indeed, lots of great stuff being said, but that's doesn't mean that the big banks to small banks thing didn't happen, having small and medium banks instead of big banks won't drive the price as high as we expected, right? I have a bag of XRP and I'm not selling at all, I'm just trying to get some real expectations
>>
>>59555631
You can posture + project all you want but me defending this in two consecutive threads across a few dozen posts in an actually substantive way that just corrects the record is a hell of a lot less cringe than you getting BTFO in literally every thread with everyone agreeing and then spamming the same low IQ shit in the next thread over and over, obsessively searching for every single thread that mentions XRP every day for months. Lol
>>
>>59555638
Anon, you're being brainwashed. Adoption on a grand scale is the single most importantly bullish thing. If the largest financial-corporate entities are not seeking XRPL and using XRP by moving their trillions of dollars then you majorly lost and David/Brad lied to you all.
>>
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>>59555643
>The more I argued with them, the better I came to know their dialectic. First they counted on the stupidity of their adversary, and then, when there was no other way out, they themselves simply played stupid. If all this didn't help, they pretended not to understand, or, if challenged, they changed the subject in a hurry, quoted platitudes which, if you accepted them, they immediately related to entirely different matters, and then, if again attacked, gave ground and pretended not to know exactly what you were talking about. Whenever you tried to attack one of these apostles, your hand closed on a jelly-like slime which divided up and poured through your fingers, but in the next moment collected again. But if you really struck one of these fellows so telling a blow that, observed by the audience, he couldn't help but agree, and if you believed that this had taken you at least one step forward, your amazement was great the next day. The Jew had not the slightest recollection of the day before, he rattled off his same old nonsense as though nothing at all had happened, and, if indignantly challenged, affected amazement; he couldn't remember a thing, except that he had proved the correctness of his assertions the previous day.

>Sometimes I stood there thunderstruck.

>I didn't know what to be more amazed at: the agility of their tongues or their virtuosity at lying.
>>
>>59555655
Literally objectively lying and you know it, see:
>>59555542
>>
>>59555660
You are beyond cringe. You can't win an argument and are getting wrecked so you are trying to make me seem uncool by pointing out the number of posts I have to make yourself seem less tryhard to people reading but again, even though this isn't a meaningful metric for substance or argument, I already described how you are even worse in terms of it. Lol Why be this?
>>
Leaving it here. This is just cyclical never ending shit slinging with a literally automated NPC coin cultist devotee. Have said everything needing said and sufficiently stated the case for anyone who cares enough to read, the rest will just be a huge waste of time back and forth with a retard. Enjoy the thread! Lol
>>
>>59555445
Blablabla. Only Algorand can claim absolute mathematical guarantees of 0 forking and ledger integrity with 0 downtime ever (not even for 5 seconds). XRPL is basically the same as TRON, just a shit permissioned shit chain with 100 validators. Cope.
Banks and institutions will never ever care about a company issued token. They WILL transfers their own assets ON CHAIN, including tokenized equities, gold, fiat currencies and continue to operate.

GET REAL RETARDS
>>
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>>59553335
Do actual tards really believe that a literal company token, created out of thin air, owned by few insiders in majority, is going to be a reserve something?
LIKE, FOR REALSIES, MY LIVES?
>>
>>59553335
XRP will have a decent pump in 2025 before it becomes irrelevant again in 2026.
>>
>>59555578
What do you think David meant by the "We focused alot on banks in the beginning just because a press release with a bank is a big thing" part?
Seems like they have done a lot of marketing directed at retail traders to me
>>
>>59555807
Yeah that's actually crazy to admit. He is literally saying that they were just vaporware trying to push some "partnership news" every now and then to pump the token. Just like many many crypto companies....
>>
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>>59555685
https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger

fledgling company partners with ripple, maybe it will work out but partnering with ripple is a bad idea. and who gives a shit about bitstamp lol.

>https://pastebin.com/Bb4GNJrG

you honestly expect me or anyone else to take out a chunk of their day to break down this disorganized schizo baby babble. Just provide a list of links, you are an unhinged jew digressing from one hype piece to another like a fucking lunatic lmao


Regardless, lets circle back to the beginning here. What SBI executives stated regarding large bank rejection confirms what david also stated. Very damning red flags compounded with the fact of how little its used, its centralization, performance issues, etc.
>>
Everyone here is talking about the block chain, forks, SBI, ODL transactions... I have literally no idea what any of that is. I feel like a giant retard not understanding something that makes up 60% of my portfolio. All I know is it might replace something the banks do and it'll make big green candles if it does.
>>
>>59555714
This is for that specific period and was basically because their ODL product was structured in a way that was difficult to comply with Operation Chokepoint 2.0 regulatory strangle despite having clarity in the broader world. They completely restructured their ODL product and how it sources XRP and now more than half of all transactions they process (billions of dollars a year) are processed through ODL, using XRP.
>>59555807
David was saying that they get a lot of coverage and press by making large deals and that from a marketing standpoint, similar to how the true fostered success of Ripple is heavily in the small guys able to compete on the level playing field, having a big name attached is a big shot in the arm to institutional confidence. It is what you would do as an early business trying to make a name for yourself and develop value for funding rounds and rouse institutional private investment in general etc. This doesn't mean anything but that. The alternative is him going on a retail investor centered call and telling them that they are using them for liquidity. Lol Why would he do that?
>>59555852
Archax aren't a fledgling company. They are the first FCA-regulated digital securities exchange, broker and custodian in the UK. Bitstamp are forming a derivatives exchange. Care to comment on the majority bank purchases or the ramp up in commercial bank purchases of XRP and deals with Ripple that he listed? SBI literally formed a company owning 60% with Ripple as their only partner specifically for crypto enabled payments and announced last month they were rolling out NFTs on the XRPL and constantly mention Ripple as a valuable prospect and investment. Nothing you said is even remotely responsive to anything he said. Funny you decided to pretend to respond after he left to make it seem like you could. kek
>>
>>59556025
A blockchain is just a giant text file that keeps track of transactions. A secure blockchain is saved across multiple places and requires multiple signatures to update it, and what's bitcoin nodes do.
>>
A crypto wallet doesn't hold anything, it's just a key that bookmarks your place on the blockchain file. The blockchain IS the currency.
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>>59556025
Same. Hope we make it fren
>>
Maybe I'm completely retarded, but, if banks are going to run their own XRP network that isn't accessible by us, won't they have their own XRP coins? Separated from the coins that we have here, on the public XRPL Ledger? Will the coins in their network be connected to the coins we have in our public network? I suppose yes, right? Otherwise they will just be making money out of nowhere?

XRP on the public network has value because we used real world currency to buy it, if they just come up with coins and a network of their own, they at least need to back it up with something of value, otherwise they'd be making money out of nowhere

I don't know, my brain hurts, help pls
>>
>>59555709
XRP is permissionless. Satoshi praised it specifically saying it doesn't concentrate trust into a centralized server and Vitalik said it is better sound money than BTC and that he is not trying to compete with and that Ripple is building the internet of value. XRP was literally created in its stated aim to solve the inefficiencies and inabilities of BTC (prohibitive transaction cost, needing centralization to scale, energy inefficiency, etc.).
>>59556232
It would create an arbitrage between public and private liquidity tokens which banks would immediately operate to close. David Schwartz has spoken on this a bunch of times saying explicitly that private ledger XRP would never be a different price than public. Additionally, the public permissionless ledger is the thing that is the point. They don't need to trust each other. They will have private ledgers internally that the public ledger connects between and gives endless on demand liquidity to any single trading pair of currency, even ones that usually have no volume and are consequently inefficient and expensive, because they are all swapping for XRP, no one in Korea is having to receive Canadian dollars they have no use for and vice versa. And Ripplenet and the XRPL are optimized using a high price low volatility XRP, so everyone involved is incentivized to have a high price (literally as high of a price as possible things else held constant).
>>
>>59556291
Thanks for clarifying anon, my brain is getting better now
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>>59556311
You're welcome!
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>>59556232
you should read this thread before anything else, let alone listening to a delusional fidget.
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>>59556056
Archax is a fledgling company. They're not established. Bitstamp is the 13th largest exchange on CMC kek. Those european bank purchases your schizo servant shared was an insignificant percentage among other cryptos including cardano, solana, litecoin, stellar, but most of what they bought were btc and eth.

I don't understand why you cant admit its bad that SBI cannot onboard large banks and will never reach their 80% prediction they claimed. How hard is it for you to just admit that they failed and XRP yet again is being ditched for other DLTs by big banks.

Just admit it. Just fucking admit it you jewish clown. Stop avoiding and address it directly I dont care about your little nft osaka origami showcase. I responded to everything that idiot said and pointed out its mostly inflated hype with asterisks. No wonder you idiots bought xrp, you can't read and refuse to consider the darker side of your PoA ghost chain scam.
>>
>>59555511
Clap with me
X r p
Rent free
We thank fuddies for their effort. Remember, no amount of fud on this mongolian basket weaver forum matters. We WILL have multiple etfs and price WILL rise. you fudding apes can recycle the same out of context screengrabs, screech, shit and piss yourselves, it does not matter
>>
>>59557491
ok but big finance still thinks its a pile of shit lul
>>
>>59555635
>he LITERALLY commented on the quote to say that you were mischaracterizing him
Anon, he literally repeated the exact same point again in his "debunking" comment: namely that "successful banks" aren't interested in using XRP.
That includes "global institutions".

If you don't like his argument, take it up with him.
>>
>>59553320
>Digged
Learn English before FUD posting
>>
>>59555635
Swift already won as did Chainlink
>>
>>59557339
>Archax
Them being the first in the UK, an extremely haughty regulatory environment, definitionally makes them not fledgling. They were literally founded before Chainlink launched. Is link a "fledling" cryptocurrency/company? Archax launched tokenized MONEYMARKET FUNDS for State Street (you know, the third name mentioned immediately after Black Rock and Vanguard, UBER-sized private equity company), Fidelity (AUM in the same ballpark as State Street) and LGIM, the 10th largest investment management firm in the world by AUM, second largest institutional investment management firm in Europe (after BlackRock). They partnered with Custom House Global Fund Services (which in the same month was acquired by Apex Group Ltd., >3 trillion dollars of assets on their platform) to "enhance its anti-money laundering measures to attract City firms to the digital currency market."
>Bitstamp
Contrarily, on the other end of things, Bitstamp Bitstamp (as of May 28, 2023, 6th largest cryptocurrency exchange by spot trading volume with 30% of total being XRP, longest running crypto business (11 years) and fully regulated payment institution in Luxembourg (as of 2016) allowing it to become first fully licensed crypto exchange in Europe with original license to operate in Luxembourg. They have 50 money transmitter etc. licenses in key jurisdictions that make them valuable as a payment network, are based in the extremely amenable Luxembourg, and were in June of last year acquired by Robinhood (yes, that Robinhood) to "strengthen their crypto offerings," and now they are building a derivatives exchange with Ripple.

You super doubling down on the whole "project that actually HE is the one who is being disingenuous and weird and avoidant thing" doesn't really work through text to non-retards who can literally just read the full comment exchange and see that everything you mentioned was replied to and that you were weird and dishonest and wrong on literally every point.
>>
>>59557321
This is literally just a single guy who is an extremely vocal (like you) XRP hater, who was replied to in real time by David Schwartz. XRP is objectively more decentralized than BTC. I am a big fan of Satoshi but his system is vulnerable to attack and centralization in ways the XRPL defends against and there are no rent seekers. Again, even Satoshi said it was not centralized.

https://thecurrencyanalytics.com/altcoins/ripple-cto-defends-xrp-design-amid-decentralization-debate-149882

>>59556210
Also see above. Linking so you see this in reply to his reply to not be misled by a serpent faggot.
>>
>>59557339
Remember, we aren't just talking about central banks. We are talking about the standards body consortium governing central banks. The Basel Committee on Banking Supervision (BCBS). You either didn't even read the article and just arbitrarily sperged out randomly naming cryptos. Or you read it and in typical fashion, rather than coping and admitting original wrongness, are trying to disingenuously spin it to make it seem untrue, hoping I won't respond substantively and that people won't read the link themselves and check you on your lie. The report specifically mentions that XRP was the 3rd most invested in (again, by central banks) crypto, after Bitcoin and Ethereum. Additionally, the other links you disingenuously lied about show that Ripple ODL (XRP using) transactions have increased massively to now account for over half of all Ripplenet transactions, they have struck more deals in the US in the last 6 months than prior year, and commercial bank purchases of XRP are up dramatically as well. SBI literally formed a company to partner with Ripple taking a huge minority stake of 40% (SBI took the major 60) to build out payments using XRP. They are the largest outside shareholder in Ripple and literally offer XRP as an investment perk to investors large enough to qualify to receive it. They are launching NFTs on the XRPL and any plans banks have across the next year is impossible to speculate on the outcome of but literally no one has ever pinned their core thesis on the words of SBI's CEO, which literally made XRP news for like a month and then no one except you mentioned it. Still very possible to happen but no matter what extremely bullish on XRP and XRP's continued use by SBI and you are wrong on everything, intentionally, like a disingenuous faggot who would rather shill crypto than have integrity. Hilariously you just instead alienate others/make them not want to conform to your decisions, especially when you get called out (which you always do).
>>
>>59557586
We already did. He replied and said he wasn't saying what you are saying he was and that specifically what he was saying was (his words) the exact opposite of what you are saying. The fact you are clinging to the hope you can revive the frankenstein monster of a failed attempt at fud via deliberately misinterpreting a quote the speaker already gave clarification on is so insanely insufferable and pathetic it is unreal. This is LITERALLY the same rhetorical strategy as the media pushed o Trump with the very fine people thing. You are going to have consequences in the afterlife for being such a treacherous, disingenuous snake. Investment and everying aside, shilling a crypto is not worth it and I hope you change.
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>>59557653
All graphics in picture are institutions Ripple is partnered with or governing bodies they are members of btw
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>>59557667
>He replied and said he wasn't saying what you are saying
Then why did he repeat exactly what I said he said?
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>>59557674
Except Fednow, which it is just technically enabled through, though Ripple are partners with the vast bulk of their chiefmost service providers (Volante, Accenture, Finastra, etc.).
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>>59557679
Unreal. I love how you skipped the highlight on the single sentence that qualifies why you are lying in a pargraph long text. You don't get to editorialize quotes to fit your investment outcome. If he was affirming he said, why did he clarify his correction as a correction and not say "yes that's what I meant?" You seething fucking faggot
>>
>>59557697
>you skipped the highlight on the single sentence that qualifies why you are lying
The part where he says "I said the opposite of that"?
The problem is he then goes on to literally say "existing successful banks will never be a Ripple success story" and that those existing successful banks won't build on Ripple.
Which is exactly what I said he said.

Boy, your brain must be absolutely melting down right now.
>>
>>59557737
No, he goes on to say you are semantically loading his statement in a way he doesn't mean, which has already been qualified in this thread and is qualified in every thread you spam this in and will continue to even after embarrassed again in this one, as you have been. He is specifically saying they are already successful relative to new entrants Ripple levels the playing field for, not that they won't be (they already are) used. This is like Nike saying their shoes enable athletic development. They aren't saying that Michael Jordan can't benefit from wearing them or that he was going to stop, they are saying he developed before them and they are most proud of the athletes they brought up through use who otherwise wouldn't have the necessary equipment to compete on an unlevel playing field. You know all of this. This is beyond desperate. Why be SO pathetic?
>>
>>59557760
He's saying "existing successful banks" aren't interested in Ripple. Literally.

His debunk is that it's not "literally all banks" that don't want to build on Ripple, just the "existing successful" ones.
>>
>>59557769
No, he LITERALLY isn't. Which is why he said that is the exact opposite of what he said. There are multiple existing commercial and central that already use Ripplenet and the XRPL. That wouldn't even make sense as a statement, it is jut something you pretend is true, ignoring the stuff already mentioned in this thread that prove it wrong inarguably. He is saying new businesses and small and medium sized business can now compete with services big correspondent banks had monopoly over basically, and that their businesses with be the most transformed by them being able to compete. Big bank business is also helped but in relative compare not as much. Multiple major banks, the largest financial services company in the MENA region and the Moneygram of the east (Tranglo) etc. already use Ripplenet. Stop being an insufferable disingenuous faggot.
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>>59557637
so many words to describe a fledgling RWA chasing company. How many of these are going to survive come the next bear? It's not all that impressive. Again, what does this have to do with the topic concerning SBI?

>bitstamp
wow amazing, 13th rank cmc exchange made a deal with ripple. what does this have to do with the topic concerning SBI?

How many anons need to remind you that Ripple/XRP boasted how it was suppose to replace Swift and or be adopted by them and other large financial institutions. That obviously is not happening or at least at the exorbitant scale they implied. So nothing really justifies XRPs value at the moment. it's not the standard.


>>59557645
lol do you track down "xrp haters" like the fidget gestapo. i dont even know the guy, but he made a very detailed and informative thread regarding XRPLs centralization structure and its woeful problems. It's not like he has bias, he strictly uses data to prove his point. It's honestly tiring reading all of these half baked, xrp fellating articles when they constantly omit information outlining how its not being used or being bought in tandem with other assets. You constantly write so much just to say very little, verbosity is a sign of desperation. you and your ilk are impervious to criticism, which is what you all continually incur for not listening.


This is my thread and you're not addressing the elephant in the room: Japan's largest banks aren't interested in XRPL, and SBIs 80% prediction is complete bullshit. I still see this celebrated by fidgets time and time again and your idiotic cult refuses to correct itself. Furthermore this confirms what David said about how big banks aren't interested in XRP...but that didn't stop him and brad from bragging about their sweet deals for speculative promo.
>>
>>59557784
>There are multiple existing commercial and central that already use Ripplenet and the XRPL.
No "existing successful bank" is using Ripple, or is interested in using Ripple in the future.

That's literally what Schwarz is saying.
And not only did he say it, but he literally confirmed it in his "debunk".
>>
>>59557737
He is an unhinged lunatic. You cannot trust any information these imbeciles share or anything they boast about for that matter. Time and time again it's a grossly exaggerated, outdated, a half truth or flat-out lie.
>>
>>59557790
Santander, QNB, National Bank of Egypt, multiple of the largest banks in India, etc. Ripplenet processes billions of dollars of institutional transactions annually. You literally cannot even write a coherent sentence and are wrong on what you say.
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>>59557797
>Santander, QNB, National Bank of Egypt, multiple of the largest banks in India, etc.
And none of them are using Ripple, or plan on using it going forward.
t. David Schwarz.
(unless of course David doesn't think those are "existing successful banks")
>>
Sorry link niggers
We won
>>
>>59553320
Swift you say, eh?
>>
>>59557803
i wish i had your stamina for fud in bed
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>>59557787
Dude you literally didn't say a single thing or rebut a single point in this and still wrote like 3 paragraphs and have the audacity to accuse me of saying nothing. It is unreal and seriously next level projection and NPCdom. To address obly thing you actually said (which itself is a pretending I didn't reply to what it is talking about kek): I literally replied to it. No one knows what will happen in 2025. No one made a prediction that it would be January 1, 2025. MUFG and SBI are both very into Ripple. No prediction is killed yet and even if it were, literally like 1/50 XRP investors even heard/read the CEO's speech. The only one who posts about it is you and you spam it in every fucking XRP thread and always get the same sweeping response and then rinse and repeat.
>>
>>59557787
Archax is the first of its kind in the UK tokenizing assets for multiple trillion dollar AUM companies. Bitstamp is the longest operating in the world with more money transmitter licenses than almost any if not every and is headquartered in a financial money center nation, partnering with Ripple, and purchased by the largest free realtime crypto enabled retail stock exchange in the world. Your critique is completely invalid and in many ways self-contradicting in a self-serving but REALLY low IQ and desperate and pathetic way. Unbelievably cringe
>>
>>59555420
Haha, xrp tards are so entertaining. See how aggressive this one gets when his god (or the only ticket out of his miserable existence) is questioned?
>>
>>59557803
>Santander (Spain's largest bank)
https://www.ccn.com/80-billion-banco-santander-uses-ripple-for-payments-will-many-banks-follow/
>QNB (largest bank in MENA region)
https://www.qnb.com/sites/qnb/qnbglobal/en/ennews04oct2021news
>National Bank of Egypt (Egypt's largest bank)
https://finance.yahoo.com/news/egypt-largest-bank-joins-ripple-095855366.html

Could literally list dozens more of equal size spread across the world. Since it is established that multiple of the objectively largest and most successful banks in the world are already using Ripplenet and adoption is accelerating, particularly in the US, as is the switch over to using ODL which uses XRP, is your chief argument then that David is misusing the word "successful" or are you willing to own being deliberately full of low IQ shit?
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>>59557822
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>>59557832
>Santander
Not heard from again nearly a decade later.
And on top of that, Santander later launched a Ripple-free successor: https://www.ledgerinsights.com/santander-launches-pagofx-forex-startup-without-ripple/

>QNB
Pilot. Says so in that very link. Also not heard of again half a decade later.

>National Bank of Egypt
The source for this is Ripple itself. Also not heard of again half a decade later.

Like Schwarz said, Ripple initially liked chasing press releases with banks because it's "sexy", but none of it went anywhere and at this point no "existing successful bank" wants to work with Ripple.

>>59557809
I'm not the one doing a mental gymnastics marathon wall of text free solo.
>>
>>59557811
I'm not interested in your bullshit novels, my thread concerns SBI and what David said. I want you, the unfathomably retarded mother fucker that you are, to realize and admit that what they said is very bad for your beloved cryptocurrency. You and your band of idiots come in here and just start info dumping all of this trash we have to sift through and realize it's not all that exciting or plain bullshit. It's fucking annoying. Instead of saying "oh shit, Ripple failed to meet expectations and we have a lot more competition", you double down like your Yahwehs chosen ledger scam.


and because your a feral animal:

>santander
NOT using xrp

>QNB
No information confirming its using xrp for ripplenet services.

>NBE
not using ODL

>pajeet bank
same deal as NBE

MUFG is using other DLT.

Nigger this shit is exhausting, can you just be fucking honest about what you hold for fucks sake. How is anyone going to know what is using XRP or not when you never clarify it. It would be helpful for investors, but instead you entertain them with imaginings.
>>
>>59557787
Anon I have read the thread and I am nothing short of amazed. The absolute DENIAL of reality from battered XRPtards. You CANNOT save these people, nor they want to be saved. They have gone to the schizo end and they will be staying there for the rest of their lives or until it drops to $0 and they kill themselves.

Nothing you bring to them will be read. You could have the actual founders say
>YEAH REMEMBER THOSE BANKS? DIDNT HAPPEN AND NOT HAPPENING EVER LMAO THANKS FOR PLAYING
and these gaslit stupid motherfuckers would find a way to go
>Well anon here's the thing. They HAVE to say that because its under NDA and shit but if you look at this schizo theory that means that they're really close to flipping le switcheroo and replacing SWIFT and the banks (again, all under NDA ofc)
Funny how those same banks and SWIFT dont need NDAs to disclose their own developments towards crypto huh?

XRP its a giant jew scheme designed to trap liquidity that should go to BTC/ETH or any actual project.
>>
>>59557877
>The absolute DENIAL of reality from battered XRPtards.
It's insane.
The Ripple CTO is literally saying "forget about those early bank press releases, the banks don't want to work with us", and cripplets are responding by spamming those very same press releases from 5-10 years ago that Schwarz told them to forget about.

It's like those elderly Jap soldiers they found in the jungle islands still thinking they were at war with the US decades after Japan surrendered.
>>
>>59557877
jeet cant read the ip hopping turd is back how ya doing you financial wunder
>>
>>59557862
You are a literal thirdworlder who probably is actually paid per post/reply. You keep saying they "failed to meet expectations" but wtf are you even talking about? They are on the committees of central banks, being used to mint central bank assets, used by the commercial banks listed and many others. I never claimed those banks used ODL I claimed they used Ripple, which was exactly what you claimed they didn't. The majority or Ripplenet transactions do use ODL though and have for a long time. Ripplenet is optimized using XRP and there is literally no reason why people would use Ripplenet without it eventually except to increase risk and sacrifice a percentage of margin their competitors would then have over them.
>>
>>59557916
he really really cares about randos on the internetz and were they put their money, for some reason i bet is as pure as the driven snow
>>
>>59557920
>i bet his curry colord intentions are as pure as the driven snow
>>
>>59557854
The article I gave on Santander is like 3 years old. Lol. QNB state they are currently running its service in one of their divisions which you can see on the division's website. That is not a "pilot" in the sense they are not being used. Lol The National bank of Egypt link is also from 3 years ago. Why lie and pretend either were a decade? If it went nowhere, why has their usage increased and why has their ODL usage increased as a percentage share. All of the banks mentioned are current Ripplenet partners. Look who else is ODL open via Tranglo (pic related):
https://x.com/chadsteingraber/status/1780345162171924799?s=46&t=TK9_lqM8k5hIDbfrqdglmg

And Tranglo is just one or multiple partner payments companies. Another just one is Onafric, pan-African payment system, which is a private sector innovation is responsible for linking 500 million mobile wallets across 40 countries, which specifically stands as an example of who David said stands to benefit the most.
>>
>>59557854
Further, if they failed, why are multiple central banks using them to mint national assets, why did they win the Juniper award for such services, why are Basel core central banks buying XRP, why is Ripple on the Fed's Faster Payments Steering Committee, the Digital Dollar Project, the Digital Euro Foundation and the Digital Pound Project? Why are they ISDA members? Why are they on the Bank for International Settlements' (central bank of central banks that sets policy for others) interoperability crossborder payments committee (see pic related for who else is on it, no other crypto companies) etc.? Lol
>>
>>59557877
Btc is a centralized shadow of what it was created as. Eth is THE centralized pre-mine ICO absolute trash tech that is expensive and slow and literally gave a majority of its tokens to Joseph Lubin and the CCP that literally requires censorship capable fully throttled centralized L2 hell (which 1000000% will be used as surveillance tech) to scale. XRP Ripple were not invited to Davos and went and hosted an alternate event to show up SIBOS. XRPL has a built-in order book with autobridging and path finding and an automated market maker with no clawback or central seizure capability. You can literally interact on L1 with no gated access or problem from your own wallet. It is scalable using ILP to literally millions of tps, is secure, and even Vitalik said it is better sound money than Bitcoin, which again, is what it was created to be. They are the silver stake in the heart of the globohomo. You are stuck fanning over old technologies that you bought late that are basically AOL Online for Web3, with the twist that they are also surveillance state plays for top down back channeled gated money. Why do you think Vitalik is pushing the "purge" so hard? He knows Nerayoff is going to expose them, like he did in the prior suit.
>>
>>59557916
I know that for the WEF they pay membership fees to be listed, so these "committees" are just another thing Ripple paid for with your bags. And you're putting words in my mouth, digressing like a loon again. You are not being clear about whether these banks you love so much are using xrp. They don't need to use xrp to access ripplenet.

>>59557910
>2050
>kids find +CGBiXGb's solar flare schizo shelter
>crack open door
>a frail old man sits in the corner next to cans of spam
>he's spinning rusty blue fidget while mumbling to himself
>"the standard, the standard..."

>>59557877
kek yeah you're right its a waste of my time, but the SBI bit was very amusing lol...it's always entertaining watching how they react to substantial information. And it's also good for newbs to see this stuff for their sake.
>>
>>59557877
Why do you need to strawman instead of addressing my arguments? Lol
>>
>>59557910
Lmfao He LITERALLY never said that and none of them are even 5 years old, you streetshitting one step above a scam call center thirdworld, literally paid for (you)s fudder.
>>
theres multiple xrp fud threads on biz, that same fudder in this thread writes same way in this thread..

pump must be close
>>
>>59558005
Your claim was they don't use Ripple, which I directly replied to. I then gave example of two of the largest payment service providers in the world (that use ODL) and connect payments between multiple huge commercial banks like HSBC, JP Morgan etc. using XRP, and pointed out that an increasing share (60%) of an increasing base of payments (institutional Ripplenet processed payments) are using XRP. You are objectively inarguably wrong on every claim.
>>
What barriers remain for me?
What meaning does this have?

Wont somebody think of the price action?!
I think ai will pave the way for the future and i think xrp doing it with xrph is ahead of the curve for most, takes high IQ to sift through all the bullshit but xrp? Xrp got it figured out. Just time is too slow to catch up!
I see a cultural shift happening before my very eyes! What wall?
What test? Yes im ahead, of the curve it seems! Steep learning curve!
Very many cases very sad much wow!
>>
59558005
(No you for you)
kek this nigga thinks the WEF is like a football club were you can just buy a membership and be part of the club,(Its strictly invite only) in other words you dont know shit you only eat shit ranjesh prutprut.
>>
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>>59558020
I very rarely make XRP threads.

>>59558022
Oh, did I say ripple instead of xrp and now you're going run with that like a dumb cunt? all these frickn providers and banks and partners and committees sucking Brads cock and yet no one uses your coin! oh no, what are you going to do?
>>
>>59558028
https://digital-members.weforum.org/new-champions

idiot
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>>59558045
>https://digital-members.weforum.org/new-champions
The Forum team will review and select eligible candidates based on the selection criteria provided. All applicants should carefully read the criteria before submitting their application.
litterly the first paragraph ranjesh
>>
>>59558034
Again cherry picking. The article continues:

They went on to list 20 blockchains they believe are “good for nothing” with little utility. The list includes XRP, Cardano, Bitcoin Cash, Litecoin, Internet Computer, Ethereum Classic, Stellar, Stocks, Kaspa, Theta, Fantom, Monero, Arweave, Algorand, Flow, MultiversX, BitcoinSV, Mina, Tezos, and EOS.

Nearly all those projects are at a higher value compared to when the article was written.

>>59557877
>XRP its a giant jew scheme designed to trap liquidity that should go to BTC/ETH or any actual project.

That is the point, they are not actual projects , they all failed at what they were supposed to do. Every single time you refresh cmc and you see ripple in the top 3 makes you SEETHE. Its so bad that even in unrelated threads you pajeets try dragging ripple through the dirt.
clap with me
X R P
RENT FREE
>>
>>59558053
xlm in ID
bullish
>>
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So This is why XRP made a stablecoin and on the ETH blockchain lol
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>>59558014
>He LITERALLY never said that
see pic

>>59557957
>The article I gave on Santander is like 3 years old. Lol.
No, that article is from 2018.
It was last updated in 2021.

>why are multiple central banks using them to mint national assets
They aren't.

>why are Basel core central banks buying XRP
They're basically buying most of the top 10.
>>
Jeet cant read hits again first he is like>>59558053 i cant read
and then he is >>59558189 derp i cant read go flush yourself if you had a toilet that is
>>
>>59558189
So the article is current to 2021 just like I said and the Basel banks are buying XRP in huge amounts second only to Btc and Eth just like I said? Lol Not sure why you are STILL spamming the same quote. No one will ever begin to take you seriously when you run the very fine people media play on a single paragraph quote which the speaker specifically qualified doesn't mean what you push like a weird obsessive to fud absent any real substance to be able to.
>>
>>59558089
They made it on XRP and Eth and will probably expand it to others, particularly Charles has expressed interest in ADA. This is not a bad thing for XRP. Lol
>>
Just go to a doctor and you'll feel better
>>
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>>59558403
>So the article is current to 2021
No, it isn't. They edited the article to specify that this system was not using XRP.
And like I said, Santander has since released a successor called Pago which no longer uses Ripple.

>the Basel banks are buying XRP in huge amounts
They're buying most of the top 10.
They bought 56% BTC (+trackers), 32% ETH (+trackers), compared with 2% XRP (equal with Polkadot).

>Not sure why you are STILL spamming the same quote.
Anon said he never said the quote, so I posted source.
>>
>>59558189
Central Bank or Montenegro (uses the Euro, interesting test bed for a small isolated economy test), Government of Palau (has no central bank but uses the dollar as a currency and has a dollar pegged stable coin which presents an interesting test bed for isolated economy use, which their VP in charge of the program has said also in exactly those terms), Central bank of Bhutan (uses Indian Rupee pegged currency same interesting opportunity as Palau and Montenegro, man what a coincidence!) Central Bank of Georgia, partnered with HSBC and Standard Chartered on pilot for real world asset (in this case focused on real estate) tokenization in Hong Kong CBDC, partnered with central bank of Colombia and in talks or undeclared partnerships with a dozen others per that same VP. They literally won the Juniper Research Platinum for Best Crossborder Payments Platform.
>>
>>59558447
>Montenegro
>Palau
>Bhutan
>Georgia
Tell me you're kidding.
Also, these are all pilots. Again, this is Ripple chasing "sexy" press releases with all kinds of incentives, which is why only complete shit-tier """central banks""" like this are actually biting.
>>
>>59558441
And yet they in their update didn't edit it to say they were not using Ripplenet (because they are). From World Bank 2021 (see pic related):
https://fastpayments.worldbank.org/sites/default/files/2021-10/Cross_Border_Fast_Payments_Final.pdf
Here is Santander's To of their international payments app claiming it runs on Ripple:
https://www.youtube.com/watch?v=fg0ylBU_gFI
"THE PARTNERSHIP WITH RIPPLE IS KEY BECAUSE OUR SUCCESS SO FAR GIVES US THE CONFIDENCE TO MOVE AHEAD EVEN FASTER. BEING PART OF #RIPPLENET HAS HELPED US TO FORGE SUSTAINABLE AND SCALABLE RELATIONSHIPS WITH OTHER FINANCIAL INSTITUTIONS AROUND THE WORLD."
The Linkedin page for the head of Santander payments & FX from PagoNXT is also the RippleNet Committee member. Santander did not announce Pago is a successor to their payment app you literally just keep making random claims and assuming we will accept them on face, usually being demonstrably (and repeatedly demonstrated to be) untrue:
https://x.com/wkahneman/status/1595466922086105088?s=46&t=TK9_lqM8k5hIDbfrqdglmg

Here is an article from 2023 mentioning the use or One Pay between the US the UK, Spain, and Poland:
https://x.com/wkahneman/status/1836802753126932609?s=46&t=TK9_lqM8k5hIDbfrqdglmg

You have been continually btfo on the quote you are fooling absolutely zero people on by being disingenuous about and are showing yourself to be a totally uncritical liar and pathetic integrity lacking slimeball. XRP is the third most purchases by size. You claimed it was not purchased and now are trying to pretend you never claimed that and are somehow still right because it is less than bitcoin. Lol Cope.
>>
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>>59558479
>And yet they in their update didn't edit it to say they were not using Ripplenet
That 2018 thing was using Ripplenet, yes.
And nobody used it, and the entire system was replaced in 2020 by a completely Ripple-free solution called Pago.

>Santander did not announce Pago is a successor to their payment app
They literally did, see pic.
They said Pago is the "open-market version" of One Pay.
Open market meaning "not restricted to ripple".
>>
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>>59558479
Schwarz literally debunked this narrative btw
>>
>>59558453
Literally every country is in the pilot phase. CBDCs are a "fledgling" to use your cope term actually properly, technology. Ripple were also the platinum winner of Juniper's CBDC Innovation award in 2023! Lol Ripple are being chosen more often than any other blockchain company and again are on the W3C and the Fed's payments committee and the BIS' and an ISDA member and Mojaloop Foundation member (which uses Interledger Protocol (which Schwartz helped found and is literally built TO scale Of Ripplenet for banks and is optimized using Ripplenet with XRP)), etc. No other company is being chosen and included in national currency programs and committees and industry standards working groups and public private partnership committees etc. at nearly the rate Ripple is. Why, if they "failed," is this the case? Lol
>>
>>59558513
>if they "failed,"
They did fail, it's not an "if".
All these years, Ripple's narrative has been about big banks, and it's very clear now that this narrative is bunk. Ripple themselves confirm it over and over.
And without the promise of banks, Ripple has nothing. Nobody uses it within crypto and defi.
>>
>>59558453
>>59558441
The mind of the linkie was already fascinating but this specimen is just WILD.
Link is all hiding strategy a la google and everything goes.

Once its another project everything that is mentioned turns to ''marketing, press release, lies and paid partnerships.''

The way you cope is to become the biggest lying hypocrite in every single thread, repeating the same low quality bait fud. You truly are mind broken from holding link, it has become your personality and you WILL rope once reality sets in.

You wake up and you start making the same ripple fud threads every day for weeks on end. clap with me X R P
RENT FREE
>>
>>59558499
No, he literally didn't. And repeating the quote he said doesn't mean what you say and explicitly says it means the opposite doesn't change the fact you are wrong and know it and can't cope.
>>
>>59558527
>No, he literally didn't.
kek you're right, it's only the "existing successful banks" that don't want to work with Ripple.
All the non-existing failed banks do.
>>
https://ripple.com/ripple-press/ripple-adopts-the-chainlink-standard-to-further-rippleusd-utility-and-access-in-defi/
>>
>>59558496
I didn't say they didn't announce it as an app. I said they did not announce it as a successor or replacement and I already linked their CTO literally being a Ripplenet Committee member and a link detailing the Ripplenet enabled app's use last year in multiple international corridors. This is totally unproductive and going to bed/done wasting time on this. Spent enough time for good people just trying to see reality of things to see how disingenuous and weird you have been and see the real stuff of the argument. Good luck rediscovering your integrity!
>>
>>59558544
>I said they did not announce it as a successor or replacement
They said Pago is the "open market version" of OnePay.
Implying OnePay is the "closed market" version.

>>59558524
>>59558539
man the timing the on these two posts is on point
>>
>>59558536
see
>>59557832

and then reply on a loop to yourself and just pretend I am here to field your coin maxi cult tier fud engagement farming.
>>
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>>59558539
>https://ripple.com/ripple-press/ripple-adopts-the-chainlink-standard-to-further-rippleusd-utility-and-access-in-defi/


LMAO ITS REAL
>>
>>59558548
This doesn't mean successor you fucking retard. Goodnight. Lol
>>
>>59558549
Those are the "sexy press releases" Schwarz was talking about.

>>59558553
Going from "closed market" to "open market" is an improvement, obviously.
>>
>>59558539
L00000000000000000000000000000000000L
CHAINLINK WILL ENABLE VALUE TRANSFER ON THE XRPL
THE FUTURE IS MULTICHAIN
IMAGINE FUDDING A PROJECT YOUR OWN PROJECT PARTNERS WITH
FUDDIES ON SUICIDE WATCH
>>
>>59558539
Just seeing this! Wow, crazy partnership. Now maybe link fags will stop spamming XRP threads obsessively! Lol Bear in mind this in literally no way impacts or diminishes the use case of XRP.
>>
>>59558554
Literally all David said was that getting banks signed made a splash for early companies trying to get funding etc. This is not exactly a revelation. You just try to semantically load 2 quotes he has and pretend they mean something he says explicitly in one it does not and the other you would have to be retarded (or functionally retarded through being so disingenuous any competency you have is totally nullified) to interpret it to mean what you are suggesting it to. It is unreal how pathetic this bill type of argument is and again it is LITERALLY "very fine people" shit. There are reasons closed and open market are both valuable. You just decided one meant successor because you have no idea what either means and you are trying to insert narrative at all costs. Why?
>>
>>59558591
>Literally all David said was that getting banks signed made a splash for early companies trying to get funding etc.
Well he also said they don't want to actually move money and build with Ripple.
Don't forget about that.
>>
>>59558554
Okay actually going to bed. Annoyed it kept me but didn't want to leave right after refreshing and seeing the link post. Finally maybe xsg can become less bogged in the perma butthurt! Later my niggas!
>>
>>59558539
>>59558550
no no no nooooo cRipple bros...why is this happening to us?!
>>
>>59558600
Holy shit no he didn't. This is so fucking retarded. Peace. Lmfao
>>
>>59558616
>no he didn't
Literal quotes from David Schwarz:
"We want to move billions of dollars now, and banks replied that they don't".
"Existing successful banks will never be a Ripple success story".
"If you want to see business built on Ripple, it won't come directly from partnerships with successful banks".
>>
and sanjeet prutprut just keeps on misreading amazing must be the shit coverd eyes
>>
>>59558566
It just means Ripple is another paying customer of Chainlink’s services, like the other 1000+
>>
SELL SAR SELL NOW AAAAAH
>>
59558715
Find portal SAR PORTAL VERY CLEAN
>>
>>59558539
Kek
>>59558523
They list all their trophies and club houses but never address this simple fact kek

>59558072
lol cry more

>>59558053

Moron, you can’t read. I said they pay their way for admission, which is right there on the page. They weren’t hand picked, they literally applied, paid a fee and pay a yearly fee to stay as a partner or digital member. haha cool ID tho I bet you spilt your Diet Coke and had a vision
>>
Xrp will run world wide, every person, no matter the race is buying this apparently , xrp runs biz



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