>What wallet do I use? There is no right answer for this. Mostly personal preference and security vs. convenience. Hot storage (with Spark support) - XUMM or Exodus. Cold storage - Ledger/Trezor or Paper/Metal Wallet
>(asking again in new thread) Say at some point XRP hits a certain price in USD at which you want to "cash out" into fiat. How would you do it? Coinbase pro has a starting withdrawal limit of $25k per day. Kraken Pro has a $10m daily limit but how many millions of dollars they store for people to actually withdrawal is a mystery, iirc. Do you phone UBS (or any other swiss bank) in the Bahamas, Zurich or Singapore and tell them that you have some XRP to sell them? Sorry, these might be the faggiest of questions but I really don't know. Any ideas? (plz no bully)
Hudson Peterson
thank you based baker
checked and thanks for the addition to my pepe folder user
Connor Gutierrez
inb4 >user, you're so important that the global elite will box you out of gains
don't cash out dummy, XRP will be used as fiat just like normal cash, wait for Flare to come out with a debit card
Christian Roberts
>If you don't want to be bullied, don't immediately reask a question. It was near the end of the last thread when it already hit its limit but okay, in other words you don't know yet either.
Go to a reputable asset manager - BlackRock, JPM Asset Management, etc.
They’ll want your business and will talk you through cashing out in the most tax efficient manner. They will have access to exchanges that we don’t have access to.
You should not be cashing any reasonable sum of money out without first seeking professional financial advice.
Grayson Sanders
I mean this is no different then people wanting to cash out millions in bitcoin or the recent Chainlink pump to $20.
Move a large part over into Tether (and usually collect some sort of interest on that) while beginning the process of moving 10 to 20k a day. My bank only allows me $7,500 a week. I imagine I could get them to increase that limit though.
If you are worried about leaving crypto on an exchange after it moons, then buy a ledger and move some of it onto there.
Sebastian Campbell
Holy shit look at that schnoz
Jacob Hall
Hey guys China has plans to utilise blockchain and has a central bank digital currency on the way. Question is what’s the Chinese ripple? Could be another good opportunity.
Tyler Butler
Saw a few threads ago a good call of teaming up with a wealth management firm. Many are even advertising that they are holding digital assets (Blackrock) and taking advantage of the asset custody ruling passed in July (if you're US). They will likely have the best advice on spreading and protecting your investments, too.
I wouldn't worry about it. Follow other anons advice about finding a financial advisor at Blackrock, Vanguard, JPMC. It's all gonna work out, just be comfy.
bills are being passed to have banks have wallets for crypto xrp would work as a global exchange to any currency once operational you'd either have your money in a secure wallet that you'd then be able to convert that xrp into usd and that'd be available in your bank to use normally
you're just thinking of things in modern terms but things are pushing toward it being normalized to the point that there'd just be very simple easy means to be able to use your money
Why should it be nigger? How will a propensity for crime and poor communication skills aid it?
Parker Lee
China would be doing their own shit for the purpose of world domination no?
After all China is the new Jew
Bentley Clark
I dunno, I guess that if they want to use it internationally they still need some RippleNet action, they like their VeChain but I won't think they would release their backend blockchain medium to a secondary market, inside of zhonggou they have enough liquidity being "communist" and all
Robert Barnes
yes, china has already released blockchains.
i feel as though ripple is going to be siding with the US.
Adam Price
the chinese have always been the jew of asia, even before the jews existed and they would have enough power to hijack RippleNet if they wanted >unless RippleNet is rules neutral by the IMF/worldbank
Parker Baker
They might have something in the works, but really, it’d be doomed to fail.
US, European, Japanese, Australian, South American, Indian, Indonesian, Middle Eastern, South African... etc. etc.... anyone who matters even slightly, will be using the US version. At a push, you might get a Euro or Jap version being considered as viable but Chinese? Not a chance in hell.
Aaron Hall
Thanks for the replies, anons. Good points.
Cameron Hill
>I failed to change the future, change yours by voting this November for a better tomorrow...
