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Thread 60852475

94 posts 32 images 32 unique posters /biz/
Anonymous (ID: PsntD3Zw) No.60852475 >>60853495 >>60853918 >>60854287 >>60858950 >>60859900 >>60860545 >>60860787
Ripple was buying XRP and suppressing its price
>https://blockworks.co/news/ripple-xrp-sec-lawsuit-markets
Back in February 2023, Blockworks reported that Ripple had bought about $8.4B worth of XRP since the SEC lawsuit, saying it was “to support healthy markets”. They used to list these buys in their quarterly reports, but after Q3 2023 they just stopped mentioning them. That didn’t mean the buying stopped though, you could still see the big daily transfers (30M to 100M) on Whale Alert. If you run the math and assume Ripple spent around $10 billion at an average of $0.40, that’s close to 40 billion XRP picked up by the end of 2023. With the total circulating supply, that would leave maybe 20 billion XRP in the market back then and even less now. By early 2024 the pace slowed, not necessarily because Ripple quit, but because there was simply less XRP out there available. By the end of 2024, the open-market buying seemed to stop altogether. That’s also when the price started to move up and decoupling from the market. A lot of people pointed this to Trump, but it lines up more with supply drying up.
>TLDR: Ripple used the SEC lawsuit as cover for price suppression and to purchase XRP below $0.50 while everyone thought they were dumping
Do with that info what you will.
sage (ID: 4kwP7sBU) No.60853485 >>60853791 >>60853793
>buy your own shitcoin while getting sued because you know it'll get dragged out
>proceed to dump it on retards at higher prices when btc goes on a run
Wow. That's an absolutely profound strategy.
Now get back in your reddit general, nigger.
Anonymous (ID: ck0wGHG5) No.60853495
>>60852475 (OP)
Anonymous (ID: kiKQWjWr) No.60853684
shitting dickripples
Anonymous (ID: WOlaBCdx) No.60853712
funny how everything they accuse link of doing they wind up doing themselves. how very jewish
Anonymous (ID: tWZ7MRdX) No.60853791 >>60855144
>>60853485
kek this is exactly how I read it, I am confused as to how OP got to the conclusion that this is a good thing.
>Hooray, they have an insane amount to dump on us with the only business model being selling tokens
Sounds really enticing.
Anonymous (ID: nggllkFG) No.60853793 >>60853826 >>60853832 >>60853904 >>60853908 >>60854287 >>60858921 >>60860426
>>60853485
All Ripple sales since March 2020 have been to institutional clients. According yo the SEC they don't sell to retail like Chainlink does (and never lied about having 2/3 of the float and dumping it on you to float the bloated zonbie company and no-revenue network and bilk from the till. Even your best meme is reprisal cope of a meme we made you seethe with for months which you pretend piggybacking is clever and original. Everything you do is hollow conformity and emotional gush therefrom.
https://x.com/filanlaw/status/1639006359990550528
Anonymous (ID: nggllkFG) No.60853826
>>60853793
May* 2020
Anonymous (ID: 9sFn5suA) No.60853832 >>60854797
>>60853793
That's some nuclear grade cope, my brown little friend.
Xrp dumps on the open market regularly, and the amounts already given away to institutions dont get used in anything - even if they did decide to swap to cripple for no benefit, there would be no appreciation in value in the shitcoin itself. I know you're desperate for things to be some other way, but that's just the reality of your situation.
Anonymous (ID: tWZ7MRdX) No.60853904 >>60853974
>>60853793
The SEC quite literally ruled that while XRP is not a security and can be dumped on retail it can not be sold to institutional investors, you mongoloid. They legally can’t do that anymore. Their only out is dumping on you. Seethe, cope, dilate etc.
Anonymous (ID: MzEBosJd) No.60853908 >>60854793 >>60859907 >>60860246
>>60853793
>According yo the SEC they don't sell to retail
According to the SEC they did, via exchanges. It was a pretty big deal in the whole case.
You can't even get the simplest shit right.

And since you brought up the SEC, they also said zero banks want to use Ripple products. So yeah.
Anonymous (ID: MzEBosJd) No.60853918 >>60853974
>>60852475 (OP)
They bought back XRP purely to prop up the price. Like a stock (i.e. securities)
How the fuck aren't they in prison.
Anonymous (ID: 9sFn5suA) No.60853974
>>60853904
>>60853918
I think ive actually seen that mindbroken cripple's posting style elsewhere on here. I wonder if he's tried to ask cripple reps themselves about any of this because ultimately he just gets shut down every time THEIR statements get posted at him. Its probably easier to just spam cope where he can than to deal with the wave of cognitive dissonance he'll feel when he actually reads the statements of ripple execs and "partners" in and outside the case basically telling him to his face that he's holding a chuck-e-cheez token held aloft by normie idiots and bots.
Anonymous (ID: GZCQujpj) No.60854287 >>60854793
>>60852475 (OP)
>>60853793

Did the consortium tell you this?

Absolutely dunked, you stupid fuck
Anonymous (ID: f0VELLvc) No.60854317
Linkcels are just finding out that the monthly dump was only 3M XRP and the rest was bought back up the moment it released, every single month they posted about the dump and forgot to post the buy backs and now they’re making this thread holy kek these people are literally beyond medical evaluation retarded
Anonymous (ID: 3e4xqEYN) No.60854793 >>60854838 >>60855538
>>60853908
No they didn't. They argued ODL saw weak adoption during Chokepoint 2.0 but also said that all sales by Ripple in that timeframe were to institutional users. That picture is a section from SEC's own filing which is linked. Do a single second of fucking research.
>>60854287
Cope
Anonymous (ID: 3e4xqEYN) No.60854797 >>60854838
>>60853832
Go ahead and check those dates vs. the dates in the pic you are replying to and realize how stupid you are. Ripple haven't sold to the open market in over 5 years. Chainlink dumped like 40% of the float on you baggies to pay payroll and squelch and the network is still not 20% sustainable by actual revenues.
Anonymous (ID: 9sFn5suA) No.60854838 >>60854857 >>60855044
>>60854793
>>60854797
*shrug*
You can keep trying to argue but all the frantic little e-fights you want to have on here mean absolutely nothing when the creators of your own shitcoin + the 'partners' it has openly say it has no reason to appreciate in price, and provides no advantage whatsoever over current technology or emerging alternatives

>but but but but
No. Be thankful your shitcoin receives normie pumps like most of the other garbage in crypto, and be humble about the fact that even the most retarded memecoin flipper has more sense and made more money than you did over your years of being married to your bags.

Any further whinging or fantasies you have about the 'vision' or 'endgame' of cripple should be directed to its execs who are behaving publicly and shamelessly as grifters, kek.
Anonymous (ID: nggllkFG) No.60854857 >>60854907 >>60855044
>>60854838
3 unnecessarily segmented paragraphs of unbroken cope without a single sentence of data or actual argument. You engage like an anime fan whiteknighting imagining themselves as the protagonist winning but just looking corny to everyone who isn't a terrible cartoon obsessed fag. Not sure what you expect a reply to? Lol
Anonymous (ID: f3YMOo+0) No.60854907 >>60854981 >>60861341
>>60854857
Xcrement retard pees price is very real, the biggest meme date came and went and absolutely nothing happened. Vaporware propped up by copeing latelets, uber drivers and bots.
Anonymous (ID: 3e4xqEYN) No.60854981
>>60854907
Corny non-response motivated by butthurt with no grounding in substance.
Anonymous (ID: +vXJ+8MG) No.60855014 >>60855345
who cares, nigger? i just want to make a profit, the coin will make a 2x from these levels and then I'll sell and buy another coin
t. bought 10000 xrp at 0.32
Anonymous (ID: 9sFn5suA) No.60855044 >>60855048 >>60855343
>>60854857
>starts going on a weird tirade about anime
Picrel

Anyway, see recursively for any cope you might have:
>>60854838
Any further whinging or fantasies you have about the 'vision' or 'endgame' of cripple should be directed to its execs who are behaving publicly and shamelessly as grifters, kek.

You're done here, unless you're deliberately trying to waste time and shit up the catalog - at which point you're still done here.
Anonymous (ID: 9sFn5suA) No.60855048 >>60855343
>>60855044
Whoops, forgot to attach said pic
Anonymous (ID: PsntD3Zw) No.60855144
>>60853791
> how OP got to the conclusion that this is a good thing.
Where exactly in the post I said that suppressing the price and fucking over XRP holders for personal gain is a good thing?
Anonymous (ID: 3e4xqEYN) No.60855343 >>60855393 >>60855510
>>60855048
>>60855044
This is literally not even an argument. It is just you meandering for unnecessarily reddit spaced two lines and a meme that has no weight. It is hard to imagine the mindset that types this thinking it means anything unless it is just:
>See something that disagrees with my sense of entitlement
>Don't know how to reply to it
>Don't know how to not emotionally ejaculate to things that trip hairtrigger repression coping mechanisms
>Post 2 sentences that are somehow still long winded or multiple paragraphs that say nothing and pretend I said something to feel the sweet dopaminergic relief of simulated accomplishment

Seems like it has to be this.^
Anonymous (ID: DXIaRucW) No.60855345
>>60855014
>the coin will make a 2x

fud

dyor

XRP can go to $10000 because all the money will be on XRP
Anonymous (ID: 9sFn5suA) No.60855393 >>60855403 >>60855412 >>60855426 >>60855465
>>60855343
That's because I don't care about the argument, seeing as it isn't even with me and I have no reason to believe that the execs of xrp themselves or the 'partners' they work with would be lying while plainly stating that xrp usage doesnt create value, isn't used anywhere, and there's no real incentive to switch to it. If you want to argue, feel free to contact them and tell them how they're wrong about their own products. Good luck little guy.
Anonymous (ID: 3e4xqEYN) No.60855403 >>60855412
>>60855393
XRP usage does create value. Even ODL burns tokens with every transaction. ODL is specifically demand neutral. That does not mean use in general is demand neutral. Lol You have zero concept of the 101 of the argument and claim to not care but spend more time posting nothing than it would take you to understand.
Anonymous (ID: 9sFn5suA) No.60855412 >>60855420
>>60855403
See
>>60855393
Anonymous (ID: 3e4xqEYN) No.60855420 >>60855426
>>60855412
Not caring makes sense to loop back to but your argument that ODL is the basis of our thesis is complete head canon portrayed as an own. You are arguing with a strawman of me in your own mind to feel like you are right. You aren't. Lol Insane you could see the 30 threads I've posted in and still just parrot the same shit that was never even originally true. If I was in denial about what you said, why would I agree ODL is demand neutral?
Anonymous (ID: 9sFn5suA) No.60855426 >>60855453
>>60855420
See
>>60855393
Anonymous (ID: ByQjl32U) No.60855438 >>60855502
They buy companies worth 10% of links mcap
They are under litigation paying lawyers
5 to 6 offices and associates payrolls
Buying up billions of supply
And all this money apparently comes from brole timmies who struggle paying rent. Something does not add up here
Anonymous (ID: 3e4xqEYN) No.60855453 >>60855465
>>60855426
Low IQ attempt at wit.
Anonymous (ID: 9sFn5suA) No.60855465
>>60855453
See
>>60855393
Anonymous (ID: gxG3WFoN) No.60855502 >>60855505 >>60855693 >>60856612
>>60855438
>And all this money apparently comes from brole timmies who struggle paying rent.
Ripple is fucking loaded. Half of their staff is former Blackrock employees. They actually have the A-team to navigate the redtape legal problems and all the institutional money to back it. Like how to they buy multiple BILLIONS of anything, they have been doing it since before they were even number 3 in crypto.

I have a conspiracy theory that they're just a Blackrock offshoot made 3rd party into crypto. Not some future "oh haha we dumped and we're rich now!", they're already extremely rich. This is about controlling everything. The only weird part is they aren't globohomo about it, makes me wonder what the endgoal is besides continued power.

No idea if it's neutral or nefarious.
Anonymous (ID: gxG3WFoN) No.60855505
>>60855502
>to they
Do they*
Anonymous (ID: DsvFMaQM) No.60855510 >>60857810
>>60855343
>meandering
Kek, I hurt you with that didn't I
Anonymous (ID: gPGkJsOq) No.60855538 >>60857837
>>60854793
>They argued ODL saw weak adoption
They said ODL is the only Ripple product that requires XRP, and that no banks were using it.
And the (non-bank) users it did have said it was too expensive to use.

>also said that all sales by Ripple in that timeframe were to institutional users
The judge's order mentions 757 million USD in sales to retail via exchanges.
About the same as the direct sales to institutions (728 million USD).

What fucking timeframe are you even talking about.
Anonymous (ID: 4mUn2Jte) No.60855693 >>60856531 >>60856612
>>60855502
>theory that they're just a Blackrock
Fugger family
Anonymous (ID: gxG3WFoN) No.60856531
>>60855693
I'd try to prove it, but if I'm right I'd probably end up tied to a chair, shotgun blasted to the back of the skull, and declared a suicide.
Anonymous (ID: PsntD3Zw) No.60856612 >>60856648
>>60855502
>Blackrock offshoot made 3rd party into crypto
I don’t think it’s true, but picrel is the head of DA at Blackrock and he’s not only ex-Ripple but also wrote a paper on XRP and BTC titled A Fundamental Valuation Framework for Cryptoassets.
>https://medium.com/@robbiemitchnick/a-fundamental-valuation-framework-for-cryptoassets-e101f1206901
>>60855693
>Fugger family
Most likely, Ryan Fugger invented Ripple long before Bitcoin even existed and I believe those missing blocks are a shitload of XRP sent to private family addresses and then wiped out so it would look like a bug.
Anonymous (ID: 4mUn2Jte) No.60856648
>>60856612
>I believe those missing blocks are a shitload of XRP sent to private family addresses and then wiped out so it would look like a bug.
This indeed, seems the case.

They use it as a fud angle. While its actually the gigabullish angle. But fuddies are usually the mid range, smart enough to see something is there. Too retarded to see what it means.
Anonymous (ID: 3e4xqEYN) No.60857810
>>60855510
You are coping in a really weird way
Anonymous (ID: 3e4xqEYN) No.60857837 >>60858843 >>60860356
>>60855538
ODL is specifically their payment product which uses XRP. They said there was weak adoption during the Chokepoint days when banks were not using crypto at all (because they literally until 2 months ago had OCC/Fed policy direction that they couldn't, had no regulatory clarity, had not compliance (say through AML/KYC requirements for sourcing liquidity) etc.). The SEC said banks were slow with uptake during the the Chokepoint 2.0 operation, in a specific window. Presently over half of Ripple Payments' transactions (billions of dollars) are ODL.

>Sales
Moron. The sales considered in the filing he posted were between October 2018 and July 2020. The SEC filing in the same suit I posted claim no XRP sales since May 2020 (2 month overlap, clearly last two months of first mentioned range were not relevant and had no qualifying retail sales) Ripple have not sold XRP to the open market and have exclusively sold to institutional users. This is seriously not that complicated.
Anonymous (ID: IdW29qYb) No.60858843 >>60858863 >>60859919 >>60860246
>>60857837
>Presently over half of Ripple Payments' transactions (billions of dollars) are ODL.
Too bad ODL does nothing for XRP.

Vomit more paragraphs xerpie.
Anonymous (ID: k19u+bZv) No.60858863 >>60858892
>>60858843
If it did it would be unusable. kek
Can't even tell if this is the new "market cap" meme or not at this point.
Anonymous (ID: SWOI84E7) No.60858875
ye olde pump & dump
Anonymous (ID: IdW29qYb) No.60858892 >>60860778
>>60858863
>Ripple's only product that requires XRP doesn't even capture any value
>this is a good thing

cripple logic
Anonymous (ID: bMYLFRCF) No.60858921 >>60858954 >>60860246
>>60853793
>All Ripple sales since March 2020 have been to institutional clients.
lol what
Ripple is literally banned by the courts from selling to institutional clients. They can only sell to unknown buyers via exchanges anymore.
Anonymous (ID: SOq7yH1i) No.60858950
>>60852475 (OP)
I don't care, if number goes up I'm happy, if number goes down I'm sad.
Anonymous (ID: ByQjl32U) No.60858954
>>60858921
>They can only sell to unknown buyers via exchanges anymore.
And once 1 transaction goes out you will screencap it, post it here and act as if its fud.
Anonymous (ID: 4RgFfk+j) No.60859900
>>60852475 (OP)
>Suppress price
>Provide massive buying pressure
>Hoover up all XRP on the market
>Pour billions of dollars into buying XRP
>In order to suppress the price
Jesus, the FUDers don't even try to be coherent, do they?
Anonymous (ID: 4RgFfk+j) No.60859907
>>60853908
I love the competing narratives here
>"Ripple is buying all the XRP off the market in order to set the price!"
Followed by another moron claiming
>"Ripple is dumping on retail, they are selling all the time to cash in!"
Pick a narrative lol
Anonymous (ID: 4RgFfk+j) No.60859919 >>60860227
>>60858843
>Increasing volume does not increase value
It literally makes the asset more valuable because it proves it has a use case, it demonstrates that people are obtaining value from holding the asset, even if it is just briefly. It's the opposite of a wash trade, sure the actual transaction does not drive buying pressure and does not force the price up, but it is proof of the utility of the asset which will drive its value up.
Anonymous (ID: L/egbHD9) No.60860227 >>60860246 >>60860780
>>60859919
>proof of the utility
Bridge currencies have no utility in a tokenized world.
Each tokenized asset is just as easy, safe, and cheap to transmit across borders as the bridge currency itself. It's useless.
Anonymous (ID: 3e4xqEYN) No.60860246 >>60860267
>>60858843
Again, has been said multiple times that no one believes ODL is demand injective beyond building out XRP as a liquidity/settlement layer to build on and burning supply. Not sure why you are strawmanning to cope.
>>60858921
No they aren't. The SEC waived their restriction and the restriction itself only restricted certain types of sales. They have been selling to institutions through blind bid/ask sales and different paperwork for the literal entire time and the SEC agrees and says this multiple times without claiming it was violation of the injunction (because it wasn't).
>>60853908
Check the timeline alongside my claim. You are objectively inarguably wrong in a super embarrassing way.
>>60860227
The tokenized world needs liquidity and settlement, particularly private ledger walled gardens. That is the core of the XRP use case. XRP atomic settlements using ILP are literally hundreds of times faster and cheaper for payments than CCIP and it is completely decentralized and micropayment capable (CCIP is neither). Anyone can use it and anyone can choose payment transmission structure.
Anonymous (ID: L/egbHD9) No.60860267 >>60860426
>>60860246
>The SEC waived their restriction
lel source?
The restriction came from the court, not the SEC. Pretty sure the SEC can't overrule the courts lol

>The tokenized world needs liquidity and settlement
Absolutely. But not from any bridge currency.
Anonymous (ID: Nuk8i9FA) No.60860356 >>60860408
>>60857837
>They said there was weak adoption during the Chokepoint days
>Presently over half of Ripple Payments' transactions (billions of dollars) are ODL.
Are you implying banks have adopted ODL since?
Because they haven't.
Pretty much the only bank that has is SBI, and even they are only using it for a small local branch. And now they're using Chainlink for settlements, directly competing with ODL's usecase.
Anonymous (ID: 3e4xqEYN) No.60860408 >>60860413
>>60860356
Yes they objectively have. SBI use XRP in multiple divisions. They don't use link to settle. You literally don't understand your own technology which (CCIP) itself does not even use link to settle, nor does it even claim or aspire to.
Anonymous (ID: Nuk8i9FA) No.60860413 >>60860453 >>60860455
>>60860408
>Yes they objectively have.
Feel free to post em

>SBI use XRP in multiple divisions
The SBI Ripple Asia CEO said they only use it in a small local branch.

>They don't use link to settle.
They use it for atomic settlement for Forex and cross border tx
Anonymous (ID: 3e4xqEYN) No.60860426
>>60860267
>SEC
https://www.sec.gov/files/rules/other/2025/33-11383.pdf

SEC's own filings (see >>60853793) show they have been selling to institutions this whole time in inviolate ways that did not constitute securities contracts, XRP itself not being a security only certain very specific, very specific span of time past structurings of it in sales. The judge did not find these to violate the injunction. They have been selling for years and do not sell to the open market, only to clients who use it, unlike Chainlink Labs which dump on you to literally scam you.
>bridge
Yes it objectively does. Or at least is improved doing so. Uber-liquid bridges have a massive structural and economic advantage over smartcontract swaps, especially if done so between on-chain assets. ILP makes XRP interoperable with any even conceivable blockchain or tradfi network. Hundreds of times cheaper and faster than using CCIP for payments, not exaggeration or giving a turn of phrase, literally hundreds.
Anonymous (ID: 3e4xqEYN) No.60860453 >>60860455 >>60860458 >>60860458 >>60860783 >>60860855
>>60860413
>ODL
Pic related
>SBI
No he didn't.
BIS Project Agora participant SBI Shinsei Bank just announced the use of Ripple for international remittances:
https://www-sbigroup-co-jp.translate.goog/news/2025/0131_15229.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
>SBI and Ripple formed a joint venture with Ripple owning 40% and SBI owning 60% called "SBI Asia." Description from the press release detailing their objective in forming it: “As a joint venture established by Ripple, an American fintech venture company, and SBI Holdings, Inc., SBI Ripple Asia creates the “Internet of Value” in Japan and other Asian region by merging the expertise and technology of both companies. Participants of RippleNet, which uses distributed ledger technology (DLT), can directly connect with financial institutions with a single API and instantly and reliably transfer money in more than 40 currencies to more than 70 countries. SBI Ripple Asia provides RippleNet to financial institutions and money transfer service operators in Japan, South Korea and certain Southeast Asian countries.":
https://www.sbigroup.co.jp/english/company/group/sbirippleasia.html
>SBI are the largest non-Ripple investor in Ripple and literally offer XRP to private investors who buy a sufficient amount of SBI shares.
>SBI is using the XRPL to introduce NFTs:
https://www.crypto-news-flash.com/ripples-grand-plan-unveiled-xrpl-nfts-to-steal-the-show-with-millions-of-users-set-to-join-initiative
>SBI Digital Asset Holdings, SBI's digital asset division uses XRP as a bridge asset for settlements and acts as a liquidity provider for XRP in Asian markets.
> SBI Ripple Asia formed the “Asia-Pacific Banks Blockchain Consortium” with institutions like Siam Commercial Bank (Thailand) and CIMB (Malaysia).
>SBI Remit, SBI's international remittance arm uses Ripplenet for settlement and XRP in a few of the payment corridors already.
Anonymous (ID: 3e4xqEYN) No.60860455 >>60860458 >>60860496 >>60860508 >>60860783
>>60860413
>>60860453
>SBI cont.
>SBI Digital Asset Holdings, SBI's digital asset division uses XRP as a bridge asset for settlements and acts as a liquidity provider for XRP in Asian markets.
> SBI Ripple Asia formed the “Asia-Pacific Banks Blockchain Consortium” with institutions like Siam Commercial Bank (Thailand) and CIMB (Malaysia).
>SBI Remit, SBI's international remittance arm uses Ripplenet for settlement and XRP in a few of the payment corridors already.
>SBI developed Moneytap (partnered with 42 (and some very large) banks) a mobile payments app offering 24/7 domestic realtime payments, which uses Ripplenet.
>Atomic settlement.
No they don't. They use it (in so far as users choose to) for data feeds to facilitate payment. It does not even touch settlement. Pic related is the CCIP process. Enclosed in the big red circle is the settlement portion of the process. It is COMPLETELY separate from the link token which is just used for data feeds to facilitate it. The part of the process that potentially involves link is the same part of the process that makes settlement of payments take 5 minutes (hundreds of times) longer than ILP settlement and cost hundreds of times more. No exaggeration, LITERALLY hundreds of times. And it can't even process micropayments in a realistically economical way.
Anonymous (ID: Nuk8i9FA) No.60860458 >>60860508
>>60860453
>Pic related
Who the fuck is Tranglo fucking lmao
Also Ripple Payments is not ODL.

>>60860453
>wall of text about SBI
>>60860455
>wall of text about SBI
Pic related.
Also SBI literally adopted Chainlink for settlements.
Anonymous (ID: Nuk8i9FA) No.60860496 >>60860784 >>60860803
>>60860455
>It does not even touch settlement
Holy semantics cope.
Chainlink products are LITERALLY used for settlement, and Link is an integral part of LITERALLY every single Chainlink product transaction.
When you pay for CCIP, you receive your data at the exact same time the node receives his Link payment in an atomic swap of its own.

But anyway are you saying that XRP does touch settlement?
Anonymous (ID: 3e4xqEYN) No.60860508 >>60860519 >>60860855
>>60860458
>Ripple Payments.
Yes it can and in this case does (pic related).
You spam this picture in literally every thread and get owned literally every time. He didn't say what you claimed and you know it but repost this 40 threads straight acting like it is the fist time because you are either paid to or are an obsessed retard incapable of higher.
>Wall of text
Literal step-by-step proof against the claim you lied about which also undermines your pic completely.
>Settlement
No, they objectively didn't. You LITERALLY don't understand your own technology. See pic related in >>60860455
Anonymous (ID: Nuk8i9FA) No.60860519 >>60860783
>>60860508
>the claim you lied about
You mean Masashi Okuyama lied about.
And your entire narrative revolves around SBI, where are the other banks?

Tranglo isn't a bank btw, it's a fintech company. And a tiny one in the third world at that.

>No, they objectively didn't.
Payment versus Payment is literally atomic settlement.
Anonymous (ID: guYCchID) No.60860545
>>60852475 (OP)
Imagine trusting an entity that is doing backdoor shenanigans in their best interest.
Anonymous (ID: k19u+bZv) No.60860778
>>60858892
No. The point of the ODL is that it's the same when it comes out either end.
I know it makes you seethe, but it's great.

Their own ODL service is actually contractual that the same pops out on both ends because it's possible, but unlikely, that there is a volume surge at some point and you will se a small float.
Anonymous (ID: k19u+bZv) No.60860780
>>60860227
Which is more valuable? Excel? Or whatever other spreadsheets exist?
Anonymous (ID: 3e4xqEYN) No.60860783 >>60860806
>>60860519
He never claimed remotely what you did. Revisit pic in >>60860453. Tranglo is a payments company used by 5000 banks. Ripple are partnered with many similar such companies which onboard their network of banks to Ripple Payments. Check out Bank Social and Onafriq. There are other banks they use. No one is depending on SBI exclusively.
>pvp
I know. I literally described granularly in >>60860455 how it does not use link in settlement. Smart contract atomic settlement will always be more cumbersome and costly and slower with worse performance than ILP offers. It does not settle through the link token and it is hundreds of times slower and costlier than XRP, which is interoperable using ILP. See:
>>60844361
>>60844470
>>60844527
Anonymous (ID: k19u+bZv) No.60860784 >>60860806
>>60860496
That's not settlement. That's a fee.

The volume of tx on the ledger is all that matters. You are ten years behind.
Anonymous (ID: ydbyw6oJ) No.60860787
>>60852475 (OP)
just buy xrp its only 3 dollars and has amazing fundamentals stinklink is already 25 dollars
Anonymous (ID: 3e4xqEYN) No.60860803 >>60860810
>>60860496
It isn't semantics whatsoever. It either moves the trillions in payments or it doesn't. See my analogy of the bank teller in >>60860575. This is not me being pedantic over something that is conceptually the same or even a similar thing. It is not even remotely close and does not even come close to touching the value moved. XRP IS settlement. It is used expressly and explicitly as a settlement layer. No one would ever use link as one because it would be absurdly expensive and slow and it isn't even pitched as one. This isn't me being obtuse on terminology, it is you failing to understand the literal basics of your ow investment thesis.
Anonymous (ID: kdlTEhyh) No.60860806 >>60860820 >>60860820
>>60860783
>He never claimed remotely what you did.
Pretty sure that's a direct quote.

>>60860784
>That's not settlement.
Pretty sure PvP is settlement.

The cripple cope is off the charts today.
Anonymous (ID: kdlTEhyh) No.60860810 >>60860824
>>60860803
>XRP IS settlement
Literally only in ODL
Which nobody uses because tokenization makes bridge currencies obsolete.
And which also doesn't accrue value for XRP.

So what the fuck is even your point.
Anonymous (ID: 3e4xqEYN) No.60860820 >>60860831 >>60860831
>>60860806
Completely sure he didn't say what you are saying. He was talking specifically about institutional use through the subsidiary during a specific time period with zero regulatory clarity and extremely difficult compliance features. The actual CEO of SBI itself talks about his confidence XRP in every shareholder meeting.
>>60860806
I didn't say pvp isn't settlement. I said the link token does not touch the settlement process, like the bank teller, because it objectively doesn't. Inarguably.
Anonymous (ID: 3e4xqEYN) No.60860824 >>60860831
>>60860810
No literally in essence. XRP is not Ripple. XRP transactions are settled in 3-5 seconds with finality. You literally don't understand the 101 of the conversation you are trying to have.
Anonymous (ID: kdlTEhyh) No.60860831 >>60860874
>>60860820
>He was talking specifically about institutional use through the subsidiary
What subsidiary?

>during a specific time period
He was talking about the entire timeline of his company, 10 years.

>>60860820
>I didn't say pvp isn't settlement
You're right, your other ID did lel

>>60860824
>No literally in essence.
ODL is the only Ripple service that necessitates the use of XRP for settlement.
And nobody uses it because bridge currencies are OBSOLETE.
Which is why Visa, JP Morgan, SBI, ... are using Chainlink for settlement and literally nobody is using XRPL, ODL, ... for settlement.

Your days are numbered xerpie. On your bike and away you go.
Anonymous (ID: kdlTEhyh) No.60860855 >>60860886
>>60860453
>>60860508
>Tranglo

L to the MAO
The only companies in the world willing to touch anything Ripple related are literally being paid to do so, or have a vested stake in doing so.
Anonymous (ID: 3e4xqEYN) No.60860874 >>60860894 >>60861131 >>60861179 >>60861246
>>60860831
SBI Ripple Asia, though I guess it isn't even a subsidiary. It is a separate entity entirely jointly formed with Ripple. He was discussing the period of time wherein crypto in general is basically forbidden or compliance incapable in banking.
>other id
Wtf are you talking about? I literally never said anything remotely like that. This is beyond desperate.
>ODL
None of them use link for settlement. Many banks use XRP enabled corridors for international payments. There is a huge purpose to want a counterpartyless intermediary currency, particularly for onchain assets. Smart contracts are not capable of the same level of payout at the same efficiency value. Already discussed this at length in
>>60844361
>>60844612

There is extreme utility to public networks to bridge the walled gardens with liquidity and no central counterparty basically frictionlessly against other assets and tokenized products and any even hypothetical network. US banks literally cannot even use crypto yet and OCC/Fed bank regs just got rescinded like 2 months ago with still no pending legislation. There probably wouldn't be US bank adoption until we have permissioned liquidity pools for compliance/AML/KYC purposes, which is on the docket for amendments, or until we have the market structure legislation. Meanwhile Wellgistics and Linklogis (pic related) are adopting XRP for payments. I wonder why such HUGE in their space companies would adopt an "obsolete" bridge, particularly in hyper-regulatorily tight China! Lol
Anonymous (ID: 3e4xqEYN) No.60860886 >>60860894
>>60860855
Not true. You just learning this about Tranglo is kind of wild. Same is true for Hidden Road etc. Not seeing how bullish what Ripple is ending with custody through Metaco and Standard custody, prime broker foundational utility using XRPL for backend in the literal advent days of crypto in that space, settling trillions yearly and being the specialty shop for digital assets specifically, and bringing dollar collateral onchain with collateral custody at BNY, pursuing a Fed master account and a National Banking Charter, having all these pieces building out to use XRP, the Dubai Land Department tokenizing land on the XRPL, etc. is proof you are low IQ and fudding for its own sake.
Anonymous (ID: kdlTEhyh) No.60860894 >>60861131 >>60861151
>>60860874
>He was discussing the period of time wherein crypto in general is basically forbidden
That interview is only a few months old.
He's talking about the entire lifetime of his company.

>>other id
>Wtf are you talking about?
kek you replied as if you were k19u+bZv

>None of them use link for settlement.
They use Chainlink for settlement, thus they use link for settlement.

>>60860886
>Ripple having to buy adoption is a good thing!
HAHAHAHAHAHAHAHA

Can you feel it xerpie boy?
It's all coming to an end.
Anonymous (ID: 3e4xqEYN) No.60861131 >>60861155
>>60860894
>Timing
Retard, we are still in that time. And again, they were focused specifically ln international payments and are not SBI.
>Other ID
No I didn't. I replied in complementary response. You always say this retarded samefagging shit when you lose which is every time.
>Ripple
They aren't buying adoption, they are building it through infrastructure. And many companies are joining them. See pic related in >>60860874 and cope.
Anonymous (ID: 3e4xqEYN) No.60861151 >>60861179 >>60861246
>>60860894
Also another example just off top of the head is the Crowned Prince of Dubai launching an XRP treasury company partnered with a billion dollar NASDAQ traded company and SBI. SBI are launching NFTs on the XRPL beginning of next year. The Dubai Land Department (Switzerland of the MENA region) is tokenizing land on the XRPL. ONDO are tokenizing OUSG on the XRPL and included it in the org chart of networks their service is built on functionally. Bank Social (just take a look at their partners) just announced they are expanding to building out on the XRPL, etc. All of these are just the last few months alone, just off the top of my head. You are delusional and DESPERATE.
Anonymous (ID: kdlTEhyh) No.60861155 >>60861179
>>60861131
>They aren't buying adoption, they are building it
... by literally buying users like Tranglo

Who exactly do you think you're fooling here?
Anonymous (ID: 3e4xqEYN) No.60861179 >>60861185
>>60861155
You're right, they're the first company to acquire businesses to drive foundations. Also all of the others I posted in >>60861151
and pic related in >>60860874 who I literally just pulled off top of head from announcements over the literal last few months alone are completely illegitimate because they acquired a sizeable stake in Tranglo.
Anonymous (ID: kdlTEhyh) No.60861185 >>60861246
>>60861179
The problem is Ripple has no adoption other than companies they buy (or who bought part of them).

What planet are you from
Anonymous (ID: 3e4xqEYN) No.60861246 >>60861272
>>60861185
Revisit
>>60861151
and pic related in
>>60860874

and cope with being a loser.
Anonymous (ID: kdlTEhyh) No.60861272 >>60861286
>>60861246
>"crowned prince"
>SBI again

You guys are so cooked holy shit
Anonymous (ID: 3e4xqEYN) No.60861286 >>60861301
>>60861272
You are literally barely even a person. NPC for a crypto project. Does it get lower?
Anonymous (ID: kdlTEhyh) No.60861301
>>60861286
I tell you Ripple has no users other than companies they bought or who bought part of them, and your response is more SBI and a crowned prince.

Absolutely cooked.
Anonymous (ID: jmh/OIVS) No.60861341
>>60854907
We’re up 600% in 9 months lol