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throw9991999

Re:Possible BGP hijack of 1.1.1.1 on Tuesday May 29, 2018 @11:01AM (#17179718)
I use 1.1.1.1 Do I need to do anything? Can I just continue using it or do I need to clear some cache etc?
Re:Stripe Atlas for LLCs on Monday April 30, 2018 @07:57PM (#16963586)
Any ballpark figure on how much it costs with Atlas?
Kind of a bummer that none of the mainstream payment processors allow crypto related businesses on their platforms. Which banks have no issue dealing with crypto related businesses? Anyone know what banking partners Coinbase, Gemini, Bitpay etc use?
$29M worth of XRP going to a good cause. Great, cash out and make good use of it.

The cynic in me sees this as a cheap PR move (an SVP of marketing promoting it doesn't help). Associating your token with a good cause gives it credibility in the eyes of the public which in turn leads to an increase in the XRP price in USD. Here's what I understand about ripple:

- 100 billion XRP was created at inception with 20 billion going to the creators and 80 billion going to Ripple labs.

- It's supposed to be a payment layer between financial institutions and XRP is the underlying token.

- Distribution of XRP is arbitrary. Ripple labs can allocate it to whoever they see fit.

Donating $29M worth of XRP costs them nothing since Ripple labs holds 80 billion XRP. Only 40 billion XRP is currently in circulation though and XRP's price is currently $0.5. I don't know, I find Ripple quite ridiculous. But the silver lining is donations such as these.