Official BGOL Crypto Currency Thread ★★★★★

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From the comments section of another youtube video I was watching:

"Escrow is not controlled by ripple, it is programmed thru smart contract, so a billion must be released. This billion is released into a ripple wallet and not circulating amount. Ripple uses 300 million to make strategic investments or more and re-escrow the rest. The amount they use finds its way into circulation when whomever they pay with it moves it to an exchange. The re-escrowed amount goes into a new programed escrow different from the one it came out from. This explains why circulating amount slowly goes up and yes, it helps keep prices controlled. Ripple before the clarity act must change this cycle and have the releases of xrp controlled by a dao or else, the entire 100bil (now 99.97 bil) would not pass the decentralization test that is necessary for xrp to be deemed a commodity. This makes me think ripple benefits from the delay in regulations."


 
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That’s the aim but this video makes it seem that world adoption is instant. XRP is one of many vying for that top spot.
Think its more its usage and settling of transactions as to how swift and accurate it is for monetary transactions. I've been watching Ripple since its inception. Never knew it would become this for banking from back in 2014 when I first got news of it. But to see where it is today, its proven itself to probably be the primary used around like how we talk Visa and MasterCard today. We will see.
 
Think its more its usage and settling of transactions as to how swift and accurate it is for monetary transactions. I've been watching Ripple since its inception. Never knew it would become this for banking from back in 2014 when I first got news of it. But to see where it is today, its proven itself to probably be the primary used around like how we talk Visa and MasterCard today. We will see.

@Mixd

 

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#MelaniaRugPull #MAGAtears
 
Nobody understands how big this Singapore move really is for XRP.

Everyone reads “license expansion” and scrolls.
In reality, this is the kind of structural shift you need if you ever want to talk about four and five digit XRP in a straight face macro model.

Here is the logic.

Ripple just received expanded approval from the Monetary Authority of Singapore, upgrading its Major Payment Institution license so it can run full end to end digital token payment flows in Singapore. That includes fund collection, custody and holding, token swaps, and payouts for institutional clients, using assets like XRP and RLUSD.

Singapore is not just another market, it is Ripple’s APAC headquarters since 2017 and is treated internally as a pivotal global hub. MAS now recognises Ripple Markets APAC as one of the very few blockchain firms allowed to operate a regulated digital payment token stack at scale.

Put simply, Ripple can now
• onboard banks, fintechs and crypto companies in Singapore
• use XRP and RLUSD in fully regulated cross border payment flows
• handle the full lifecycle of those flows inside its own infrastructure

This is not speculative usage, this is licensed usage.

Now connect that to what is already in flight.

DBS and Franklin Templeton are issuing and trading tokenised money market funds on the XRP Ledger in Singapore, paired directly with Ripple’s RLUSD stablecoin for trading, lending and collateral. Franklin’s sgBENJI fund is issued on XRPL, listed on DBS Digital Exchange, and swappable against RLUSD in Singapore’s regulatory perimeter.

You have
• tokenised funds issued on XRPL
• a dollar stablecoin (RLUSD) on XRPL
• a bridge asset (XRP) on XRPL
• a fully licensed payment stack in Singapore that can legally connect all of these for institutions

Add to that Ripple’s other moves this year
• acquisition of Hidden Road, now Ripple Prime, a multi asset prime broker clearing 3 trillion dollars a year for more than 300 institutions
• acquisition of GTreasury, giving Ripple direct reach into global corporate treasury workflows and cash management

You are looking at a single integrated machine that can
originate flows in corporate treasuries
pipe them through Ripple Prime
settle them on XRPL
route liquidity through XRP and RLUSD
and do it from a fully regulated hub in Singapore that services the entire Asia Pacific region.

If XRP ever trades at ten thousand dollars, it will not be because of memes or charts.
It will be because
• multi trillion dollar treasuries are managing liquidity through XRPL
• tokenised funds, stablecoins and real world assets are settling on XRPL
• hubs like Singapore are clearing huge percentages of global trade, remittances and asset flows through licensed digital payment infrastructures that use XRP as a neutral bridge.

This MAS decision is one of those quiet foundation stones.
Regulators just gave Ripple permission to turn Singapore into the XRP and RLUSD liquidity switchboard for Asia.

Price will not move in a straight line, and nothing is guaranteed, but if you are building a serious path to extreme valuations, this is exactly the kind of regulatory and structural win you need on the way to an XRP that settles a meaningful slice of a 100 plus trillion dollar global value flow.

 
You guys been busy I see. Let's go XRP!!! I am going to fill up my bag and just chill. I hope it goes to 10k per coin. That would make a lot of patient folk millionaires. But in this new financial landscape what is a millionaire anymore?
 
What's good fam? I'm new to crypto & need some help... Mad vids are out saying "get your crypto off of exchanges" - I have mine in CoinBase. I copped the Tangem & Ellipal cold wallets to move off CB but there are some tokens I can't move over (MasterBOT, HBAR, XVM, XLM & VWA). Have no idea WTF I'm buying; just going off what others say. I've already lost 700k+ XLM trying to move to cold wallets & don't want to lose any more. I think it has something to do with the network(s)? If anyone can be of assistance, I'd sincerely appreciate it.
:please:
 
What's good fam? I'm new to crypto & need some help... Mad vids are out saying "get your crypto off of exchanges" - I have mine in CoinBase. I copped the Tangem & Ellipal cold wallets to move off CB but there are some tokens I can't move over (MasterBOT, HBAR, XVM, XLM & VWA). Have no idea WTF I'm buying; just going off what others say. I've already lost 700k+ XLM trying to move to cold wallets & don't want to lose any more. I think it has something to do with the network(s)? If anyone can be of assistance, I'd sincerely appreciate it.
:please:

I'm not personally familiar with using Tangem, or Ellipal
But I've heard a bunch of people saying they are pretty solid though
Just take your time & be careful to copy/paste the correct address to transfer the coins
But just a quick heads up
HBAR only works natively with a few cold wallets
And it takes a while (sometimes a couple days hold time) to transfer HBAR off of Coinbase exchange
I learned that the hard way
I use D'Cent (fingerprint) cold wallet, for the coins that are not as popular
*** If you stick with accumulating mostly "ISO20022 coins", you should be okay in the long run ***
 
What's good fam? I'm new to crypto & need some help... Mad vids are out saying "get your crypto off of exchanges" - I have mine in CoinBase. I copped the Tangem & Ellipal cold wallets to move off CB but there are some tokens I can't move over (MasterBOT, HBAR, XVM, XLM & VWA). Have no idea WTF I'm buying; just going off what others say. I've already lost 700k+ XLM trying to move to cold wallets & don't want to lose any more. I think it has something to do with the network(s)? If anyone can be of assistance, I'd sincerely appreciate it.
:please:

Fam.....is that a typo ??? :oops:
700,000 XLM is a hell of a lot of money to lose !!! :oops:
That's like $150,000 dollars !!! :oops:
 
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