An Honest Discussion - Will Banks Use Ripple's XRP Token
Today I am joined by Ripple & XRP enthusiast Sam from To The Lifeboats Youtube channel. He has worked in IT & followed Ripple & XRP closely for a while now. We discuss whether banks will use xRapid, xCurrent, XRP & other services offered by Ripple.
#Ripple #XRP #Cryptocurrency
0:00 Background
5:15 Ripple vs XRP
8:15 xRapid & xCurrent
14:25 Centralised vs Decentralised
18:10 Bank Coins, Stablecoins & Libra
21:10 Competition From Other Cryptocurrencies
23:50 Payment Network vs Settlement Layer
26:50 Regulation & KYC
29:45 Volume & Liquidity & Net Demand
35:25 XRP vs Lightning Network
38:50 Can Ripple Pivot?
41:28 MoneyGram & Pay To Play?
43:55 Western Union Failed Trial
48:20 Retail HODLers
51:20 Volatility
54:25 Bitcoin Scaling & Defi vs Ripple
58:10 Implementing Privacy
Sam: / tothelifeboats
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❗ DISCLAIMER ❗
Alex Saunders is not a Financial Advisor. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.
Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.
The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.
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