🤐 ai builder (👆). utility hodlr. ☀️
Chicago, IL
Joined December 2012
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I read all 71 pages of the SEC complaint
I read Ripple’s Wells Notice response
There is only one outcome
Ripple prevails and gains regulatory clarity for XRP as a currency
One can only guess why the SEC pursued this. But it is clear that it was not for the stated reasons
💥
HASHR retweeted
I’m convinced that 99% of success is just the ability to stay in the game. The best things in life are a result of compounding. But you can’t compound if you let yourself get taken out of the game. Whatever storm life throws your way. Adapt. Survive. Advance. Stay in the game.
HASHR retweeted
Maybe Hugo Philion was right all along
$XRP + #Flare could end up providing more real utility than almost anything else in the #XRPL ecosystem.
Flare is the programmable layer on top.
Native oracles, FXRP as collateral, Morpho-style lending, Firelight yield, Smart Accounts so you stay in your XRPL wallet, and confidential compute for the private stuff institutions need.
The funny thing is, everyone’s gonna need this.
Every major asset eventually wants to be productive capital without forcing holders to leave their native chain or sacrifice privacy.
Once the plumbing exists, the capital follows. XRP just has a head start. flare-networks:native
🤖 Made with AI
⚙️ C’mon man, you’ve been around long enough to understand where market cap applies and does not apply.
⚙️ You may wish for a lesser performance for XRP because of your content bias.
⚙️ But that’s simply downside hopium
🔑 Give Ripple a few years and they may have a ‘private market valuation’ that reaches that territory and or ‘market cap’ should they go public.
🔑 XRP is an L1 crypto token native to their DLT the XRPL.
🔑 Market cap does not apply.
🔑 There is no physical, logical or financial utility, liquidity, or collateral caps that will prevent XRP from reaching $100 or more.
⚙️ Avoid exclamatory statements that aren’t supported.
🔑 A more useful / realistic mental model would be to use the historical case of Amazon. (Using Amazon as a contemporary example you should be familiar with)
🔑 Amazon was founded in 1994.
🔑 Amazon’s first full profitable year was 2003. Nine years from its founding. Think of Amazon as an example for where Ripple is headed, directionally.
🔑 Think of the Amazon Web Services (AWS) as an infrastructure corollary to the XRPL for explanatory purpose’s.
🔑 AWS accounts for 63.3% of Amazon’s total operating profits.
🔑 🔑 Recall, “…there was immense skepticism, confusion, and outright negativity surrounding the launch of Amazon Web Services (AWS) in 2006. (Forbes)
🔑🔑 “Almost nobody on Wall Street or in the tech industry predicted that it would become the juggernaut or deep profit engine it is today.” (Forbes)
⚙️ Time in the market will evolve similarly for the Ripple and the open DLT associated with Ripple - the XRPL.
bitcoinist.com/ripple-to-bec…
teapawt.net/joelkatz/status/160678…
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HASHR retweeted
Is so sad people really don't get how Revolutionary this is.
teapawt.net/FlareNetworks/status/2…
One signature from the XRPL wallet you already use. No second wallet, no gas token, and your XRPL account authorizes every step.
@HugoPhilion on Flare Smart Accounts at @kbwofficial.
fsa.flare.network
G20 targets for cross-border payments by 2027.
🔑 Repeat: By 2027
🔑 Directly from the Roadmap 2022. As communicated by the FSB.
🔑 SPEED: 75% of all x-border payments - settled within 1 hr.
🔑 TRANSPARENCY: All providers, must show total intermediary costs, from their originating domestic systems, before transaction up front, before it is initiated.
Two options.
⚙️ 1. JPM’s Kinexsys - old method new system - stockpiles liquidity - mimics, correspondent system’s nostro/vostro.
⚙️ 2. Ripple’s On Demand Liquidity rebranded as Ripple Payments ODL
🔑 Translation: #2 is the winning product in the marketplace. Competitor GSIB banks will not support JPM as their operating partner and overlord.
🔑 The G20’s Roadmap will drive the transition from a speculative market to a ‘utility’ driven market.
🔑 #XRP the world’s source for systemic liquidity and collateral.
Inspired by: Across the Pond
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“There are decades when nothing happens, and there are weeks when decades happen.”
- Often attributed to Vladimir Lenin but the first attribution wasn’t until 2001, 77 years after he passed.
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“Financial crises take much, much longer to come than you think and then they happen much faster than you would have thought.”
- Agustín Carstens, 2024
GM Bank for International Settlement
-Former Governor of the Bank of Mexico,
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