Thank you, really good point. Blockchain has the power to change the governance structure the products we use. It would be a shame if all it ended up doing was becoming a feature in the products of centralized companies.
Potentially. They most likely would choose to compete against KIN with their own ecosystem. KIN (or technically Kik) also has investment from Tencent (owner of WeChat). https://www.crunchbase.com/organization/kik-interactive
Thanks, yes it is a key distinction. In good news for XRP, Ripple is planning to work with 3 money transfer companies in 2018 (https://www.coindesk.com/ripple-claims-3-money-transfer-firms-xrp-2018/).
It will be really interesting to see if Cuallix continues to work with them and if other banks sign up. If Cuallix drops XRP…
Hi Brett, yes it’s because they are moving XRP in and out of fiat to reduce risks that XRP will change in price. Ripple has a clever way of allowing banks to do this without using exchanges (which they would absolutely hate), but the result is the same.