Looks like a trustline was just added on the ledger for gold.
bithomp.com
Yesterday with the trustline added for chinacoin, now this.
It has begun
RIPPLE - XRP - GOLD
Sebastian Martinez
Other urls found in this thread:
bpgbullion.com
flare.ghost.io
congress.gov
twitter.com
Lincoln Sanders
go back to sleep, don't mind me
Jayden Jenkins
dah fuck
Jason Roberts
It's happening, slower than expected but happening.
Jason Harris
XRP simply will not gain until they push DeFi.
End of story.
Aiden Wood
Ayden Jones
Explain for a retard?
Juan Taylor
good thing flare is about to be released
Ayden Thompson
Buy XRP before they turn on the wealth engine or you'll never be able to grab a single drop
Jonathan Phillips
Ok I know I’ve shit on you for years Ripple bro, but can you break down Flare and its potential implications for a stinker
Andrew Kelly
???????????????????????????????
Henry Wood
Justin Green
Half of biz now on suicide watch
Jack Ross
You have two different agents. One wants a loan, the other is the one who wants dividends on what he loans. We will call them loanee and loaner.
The Loanee stakes XRP + loan fee as collateral to the flare network, and the loaner stakes his spark as collateral. This creates FXRP, which is loaned to the loanee. This way if either party backs out, the other party doesn't lose anything. The FXRP can then be used in smart contracts. The benefits are that the loanee gets liquidity and the loaner gets dividends from the loan fee.
That's the base system for the creation of FXRP. It's going to be used for foreign exchange, mortgages, loans, options, etc.
Its also going to be completely interoperable with all digital assets, and you will be able to code in any language for the smart contracts.
and its going to have all the benefits of XRP since its a utility fork, namely the 4 second transaction times, microcent transaction fees, and scalability.
And its not proof of work or proof of stake since its a turing-complete federated byzantine agreement network.
Jose Gomez
My friend, I have xrp. I will not sell, for I do not subscribe to meme dates. We're going to make it my friend. But also I don't understand the OP image and would like to learn
Anthony Robinson
I don't really get it either, but it seems to relate to the idea that XRP will be backed by gold.
Juan Flores
can someone explain ?
Jordan Stewart
John Miller
It means BPG has been audited and they have 4424.80 grams of gold that can be traded on the ledger. Most people don't know this but XRP has had a DEX since its inception and the end goal is to tokenize all assets. Gold is really just one step and a notable one since people are monkey-brained
Liam Robinson
So are you saying right now I can trade 99 XRP for 4k Oz of gold? Or am I interpreting that wrong
Bentley Gonzalez
What do you need explained?
Daniel Jones
...
Elijah Bell
nigga r we gon be rich or wHAT FAMSZ
Ayden Bennett
gold is on the XRPL DEX for exchangeable market rate. XRP is a bridge currency. You can trade anything for anything, XRP is in the middle.
Everything of value will eventually be on the ledger. Everything.
All.
The.
Money.
This is beyond gold, XRP is the derivative of the value of the global economy.
William Rivera
Hmmm
Alexander Rodriguez
OK SO??? 2000$ EOY??
Jordan Rivera
Pray for me, for I hope you are right. If so it will be a blessing from God, through and through. I do not care if you think that my belief in God is silly, but I belive ethat holding XRP will bring Greta things. It honestly seems to good to be true, which is why I am wary about such interesting things. In time, we will all see whether holding XRP was the correct route or not. I will be holding on to xrp for dear life.
Mason Sullivan
checked, and yes. This thing is about to pop within 4 months
Aiden Price
shiiiiiiiiieeeet, guess I'll buy 500 more this weekend while it's down.
Michael Williams
XRP is the standard isn’t it
Aaron Bennett
how the fuck do you find this shit?
Brandon Anderson
>Greta things
Justin Torres
- Connect ledgers: ILP
- On-demand liquidity: XRP
- Software banks/FIs/corporates: Ripplenet
- Custody: Polysign
- Smart contracts and Oracles: Flare
- Addresses: PayID
- micropayments: Coil
Henry Baker
he's probably a gold bug too
Luis Gray
REMINDER: All meme dates, especially involving price rise, is fud. Only trust (pic)
Dominic Allen
I’m shitting myself please tell me this is real life what the fuck