Doq Holliday
@doqholliday
29 December, 02:11
It appears that the following is happening:
Every bank is going to have to adopt digital assets plain and simple.
Ripple team knew this.
Banks either play ball or they die. They have huge problems anyway with gold and silver reserves. They play ball by commiting to digital wallets and the conversion protocol for fiat into digital.
So when the banks utilize CBDCs (Central Bank Digital Currencies) or some other token for smaller banks, they will need a protocol to convert FIAT into digital to be stored in customers digital wallets.
Because these are all tokens on the blockchain they will have to use a blockchain based protocol.
Well, just look at the fees with BTC, ETH. There’s no question this conversion protocol is going to be done using XRP due the .0001 fee.
Oh and by the way, XRP is not only built for this but is also using the ISO20022 standard whereas other tokens aren’t.
Are you grasping magnitude of this yet?
Every bank is going to have to adopt digital assets plain and simple.
Ripple team knew this.
Banks either play ball or they die. They have huge problems anyway with gold and silver reserves. They play ball by commiting to digital wallets and the conversion protocol for fiat into digital.
So when the banks utilize CBDCs (Central Bank Digital Currencies) or some other token for smaller banks, they will need a protocol to convert FIAT into digital to be stored in customers digital wallets.
Because these are all tokens on the blockchain they will have to use a blockchain based protocol.
Well, just look at the fees with BTC, ETH. There’s no question this conversion protocol is going to be done using XRP due the .0001 fee.
Oh and by the way, XRP is not only built for this but is also using the ISO20022 standard whereas other tokens aren’t.
Are you grasping magnitude of this yet?
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30 December, 02:39
In response Doq Holliday to his Publication
DoQ, went on to KuCoin, VK said it was easy ... can't find any XRP to buy ... seems its gone down a bit and no one is selling, or that I am VERY unfamiliar with this platform / buying crypto, so its me.
I understand XRP will be handling major transactions for large institutions ... is it possible to Buy "stock" in XRP?
I understand XRP will be handling major transactions for large institutions ... is it possible to Buy "stock" in XRP?
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Sunny Star
@Sunny2021
31 December, 01:02
In response Generica - WE ARE ALL ONE VOICE to her Publication
Its being blocked it seems in the USA while the Sec is suing Ripple. You can buy it on Uphold but it is difficult to get it onto a hard wallet but you can keep jt on Uphold . You can only buy like $500 a week I think it is .
You used to be able to put VPN to London to buy on Binance but they are now asking for UK ID before you buy.
You used to be able to put VPN to London to buy on Binance but they are now asking for UK ID before you buy.
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Interesting ... so where ever you buy are you then beholden to only buy and sell with them? Asking for a UK ID is not cool.
05:26 PM - Dec 31, 2021
In response Sunny Star to her Publication
Only people mentioned by akalaurel in this post can reply
Michael Phillips
@Crager71
31 December, 09:59
In response Generica - WE ARE ALL ONE VOICE to her Publication
I use Coinbase to buy USD coin. I send the USD coin to my Kucoin wallet to purchase XRP, which I send to my Trust wallet.
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Sunny Star
@Sunny2021
31 December, 10:09
In response Michael Phillips to his Publication
Really ! Thats awesome! I am going to try that ! I have been ducking and diving to get XRP and here we go! Thank You!😀
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Sunny Star
@Sunny2021
31 December, 09:51
In response Generica - WE ARE ALL ONE VOICE to her Publication
Not specifically but the best and safest way to store crypto is on a hard wallet, like a Ledger Nano, which stores your personal crypto ‘offline’ or at least not where it can be hacked . So if you buy with Uphold you cant move it onto your hard wallet, so it stays on their server. Other firms are not hosting XRP.
With an English Company, I think I used Binance, you can buy and move it onto your wallet , but you can only buy now if you have an English or possibly EU ID.
With an English Company, I think I used Binance, you can buy and move it onto your wallet , but you can only buy now if you have an English or possibly EU ID.
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Sunny Star
@Sunny2021
31 December, 09:59
In response Sunny Star to her Publication
You can usually buy and move crypto at will but long term storage is better on a hard wallet. With XRP being under investigation by the SEC, there is a type of hold on it until it is settled , hopefully early 2022.
The case between Ripple and SEC is very interesting and cracks are starting to show in the corruption in the SEC, who wknt release certain documents and cant ascertain why XRP should be listed as a Security but not ETH, or other crypto’s . XRP is going to change banking completely.
The SEC is also allowing dark pools and extreme shorting on AMC and other stocks to help the Hedge Funds - this will come to a cresendo soon👊
Without the $$$ the pervs will crumble too😂
BTW - not a stockbroker.
The case between Ripple and SEC is very interesting and cracks are starting to show in the corruption in the SEC, who wknt release certain documents and cant ascertain why XRP should be listed as a Security but not ETH, or other crypto’s . XRP is going to change banking completely.
The SEC is also allowing dark pools and extreme shorting on AMC and other stocks to help the Hedge Funds - this will come to a cresendo soon👊
Without the $$$ the pervs will crumble too😂
BTW - not a stockbroker.
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