Yes, yes it is
>pic related
Is XRP shit?
Asher Thomas
Other urls found in this thread:
en.wikipedia.org
fincen.gov
ripple.com
twitter.com
Henry Bell
Somebody should shoop the bear jew into a clown
Elijah Evans
wtf why doesn't this monstrosity just shave it's head
it just looks like a creepy bozo the clown or something
Robert Young
how could you even buy this bonafide shit jew coin with the "creator" who looks like this? Holy shit
Gabriel Myers
Justin Ramirez
that guy genuinely looks evil. bad vibes every time I see his picture
Ryan Evans
this is the type of jew that will give you a high interest predatory loan, take your house, break your family, fuck your wife, and send you to prison. this jew probably rapes children, he smells like a democrat.
Jordan Butler
>Basing you investments on how good programmers look
user I...
Gavin Price
This is the worst FUD yet. He used to be an Ayn Rand fan. He has written code which still runs today in Bitcoin core. You people are insane lmfao
Andrew Clark
never bought this shit until yesterday and I get burned, fuck sakes
Ethan Thomas
banks using fractional reserve banking don't need XRP shitcoin
they can just lend themselves the money at nearly 0% interest rates and fund a nostro account.
so in essence XRP as a nostro place holder is worthless
>learn how fractional reserve banking works retards
Xavier Ramirez
>trusting this fucking kike with anything
Connor Rodriguez
of course, thats the impression we should ALWAYS get when we see jews. they are not western and they dont belong in western countries. it is extremely unfortunate that they look white to the uninitiated, and even more unfortunate, it is extremely unfortunate that they do the fellow whites bit and most goyim cant see past it.
Anthony Hughes
Ayn Rand is jewish and her books are designed to break down white collective action into the false god of individualism. Fuck you.
Its not her fucking name. She is ANOTHER shape shifting kike who is hiding behind white names to push a subversive message.
Aiden Perez
Powerful meme. Very, very powerful. Have a rare jew for your efforts.
Samuel Nguyen
This guy is an absolute monster. Wonder how big that neaderthall cock is
Dylan Gomez
>noooooo why didn't this highly technical and industry changing thing with an actual company behind it making sure it works pump and make me $10,000 after 1 day what is this MOMMMYYYYY PREPARE THE ANGER TENDIES >:(((((
The fuck is wrong with you ADHD retarded bastards? You expect gains from a long term project after 1 day? Are you seriously that dumb?
Since when did Jow Forums become full of Stacey's dissecting a guy's appearance? You're a bunch of faggots. Under his own company, this man patented the idea of distributed computing in the fucking EIGHTIES, before the internet as we know it even existed. Ideas and technologies that underpin Bitcoin and Ethereum. You show this man some respect, he is the original Blockchain Godfather.
Kevin King
I actually quite like him, seems relatable in all his talks. I just know me and him would be good frens irl.
Tyler Wilson
>neaderthall cock
Neanderthals had small pee-pees. Why else do you think niggers (0% neanderthal) have big dicks?
Connor Young
I don't give a shit if xrp is shit, they got Clinton to give a speech for them and th rest of their shill talks were 100% normie bait. Ripple is going to be another 5 bagger based on that kind of crap alone.
Josiah Evans
Yall really must not like making money, XRP is going to be huge by eoy, ride the wave faggot
Michael Morris
Dont take loans dont let strangers into your home protect your wife and kids and stop blaming other jews for the chaos that is your life
Carter Bell
Good goy.
A foreign hostile ethnic group that doesn't belong in our country and who have captured major power institutions are doing no wrong.
Liam Foster
he is a genius op, you shouldn't mock him when his iq is the double of yours
Michael Peterson
he is a bearable guy
Parker Myers
this is the dumbest thing i have ever read
Nicholas Gonzalez
>trying to understand money creation and fractional reserve banking for the first time
COPE
O
P
E
Isaac Kelly
you don't seem to understand it yourself
Justin Anderson
Luis Ortiz
Assuming xRapid replaces ALL SWIFT transfers, the price calculated using the equation of exchange [1] is... $0.0023/XRP.
The way xRapid works is that the sender first sells the token (eg. USD from an American bank) he has for XRP, then he sells XRP for a different, target token (eg. EUR issued by one European bank).
The equation of exchange is:
totalSupplyOfXrp*xrpPrice = xrpTransactionVelocity*transactionVolumeInDollars
or
marketCapitalization = howManyTimesEachXrpIsTradedPerSecond*transactionVolumeInDollarsPerOneSecond
The logic is simple: if there are 10 tokens in total, and we know both that the daily transaction volume in tokens is 10 (= daily velocity of 1) and $10 in dollars, then the price of the token is $1. Anything else is mathematically impossible.
SWIFT is used to transfer $5T daily. That's a lot, but for xRapid's 4 second per transaction [3] that's only $231.48M.
When divided by the total supply of XRP (~100B XRP), the fair price is $0.0023/XRP. (That means all 100B xrp are traded each 4 seconds).
Let's be extremely charitable and assume 99B XRP is holded and only 1B XRP is traded by banks. Now the fair price is $0.23/XRP.
Again, that's assuming xRapid fully replaces SWIFT, an extremely unlikely scenario.
What the fair price means is price without speculative money, ie. where it settles at after the bubble ends.
[1] en.wikipedia.org
[2] fincen.gov
[3] ripple.com
Nolan Clark
give us your lame explanation
Brayden Turner
>PATENTED the idea of "DISTRIBUTED" computing
TOP KEK
Benjamin Scott
this is even more dumb
Nicholas Allen
Great analysis by a 12 year old. Listen to this retard
Thomas Diaz
Rare merchant
Ethan Evans
Fuck the jews user.
Fuck them
Angel Gutierrez
Cameron Russell
This guy fucks
Luis Walker
>muh IQ
Adrian Morgan
based and jewpilled
Eli Ward
I’m pretty sure banks will go with IBMs crypto project since IBM already handles 95% of the worlds digital transactions
Parker Walker
>what is a monetary premium
fuck me how stupid is Jow Forums exactly
Henry Diaz
>I’m pretty sure banks will go with IBMs crypto project since IBM already handles 95% of the worlds digital transactions
HAHAHAHAHAH
HAHAHA
oh wait you are serious let me laugh even harder
AHAHAHAHAHAHAHAH
AHAHAHAHAHAHAHAHAHAH
AHHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
user I'm pretty sure you'll go with your plumber's cooking because he cooks food.
Juan Hall
What is it like to be retarded?
Bentley Murphy
to be fair its easy to be double OP's IQ when he's a literal retard monkey
Julian Roberts
>What is it like to be retarded?
GUYS ALL THE MUSIC STUDIOS IN THE WORLD USE WINDOWS
SO I'M SURE THE ZUNE WILL BE SUPER SUPER SUCCESSFUL
This is you ^