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i guess the word Ruble is used and that's not far from it, still sounds dumb. and a short versoin? "Rip"? ... "yeah that guy was killed for ripping that other guy off for 80 Rips.... so R.I.P buddy"...
it's NOT being adopted now and it wont be in the future because it has super crappy branding.
But Holmes made it clear that’s the speculative part of the crypto world – and not where MoneyGram sees the value or value proposition.
Within the ledger technology – the actual underpinnings of cryptocurrencies – is where Holmes said there’s potential. With a nod to Ripple and the nascent partnership with MoneyGram, Holmes focused on two areas as a near-term roadmap for using alternative currencies and DLT to solve MoneyGram’s real business problems.
Ripple’s xRapid is a foreign exchange investment vehicle that allows companies to take their U.S. dollars, convert them to XRP and, within seconds, convert them to another fiat currency.
Rather than MoneyGram putting millions in cash into a country and then exposing that cash to price volatility, Holmes said, they would be able to exchange money in real time and on the fly.
Bitcoin sell-off marks buying opportunity: Trader Bitcoin sell-off marks buying opportunity: Trader 33 Mins Ago | 01:26 The old saying goes, "buy when there's blood in the streets," and that's what I'm doing with the recent bitcoin price action.
originally posted by: projectvxn
a reply to: neo96
"Buy when there's blood in the streets"
I intend to follow their investment advice. It may seem crass, but they've managed to stay rich and prosperous despite global upheavals.
That's pretty much the level of financial security I'm looking for.