Quote from: JoelKatz on January 20, 2017, 09:31:27 PM

Quote from: SupaDude on January 20, 2017, 09:21:47 PM

Payments is just the gateway for ripple, I am sure the have much larger aspirations.

As important as knowing what you are is knowing what you aren't. The payments business is *huge* and it's going to take us a very long time and maximal effort to both grow it and take a slice of it. We've definitely talked about other things, but we're already trying to do as much in the payments space as we possibly can.

For example, there are a few people within Ripple who think that we should be doing something big in the identity space. I'm not one of them, and they are definitely in the minority. And the reason is this: Imagine if we had a perfect idea and fully-formed product for that space. We'd still need to market it, support it, and so on. Getting significant enough market traction to make it valuable is a massive undertaking, comparable in scope to our current and planned efforts in the payments space. If we could double those, we would, we wouldn't build a second, equally large, parallel effort in another space.

That said, we do constantly re-evaluate our strategy and direction. And we do constantly evaluate whether we're trying to do too many things (and spreading ourselves too thin) or too few things (and possibly missing opportunities).

I agree and did not add any time frames to my comments. Yes, it will take some time for you guys to BLOCKBUSTER the SWIFT network and hopefully western union as well.

I will keep Ripple on my buy list. I think it has a place in the ecosystem as we transition away from old money to smart money. I think being added to cold storage wallets signals to the community that something is afoot and a TV show like Dash! That might be cheap with a great PR return. Also, the immigrants should be made aware of what a ripple bank is? You should be able to send a ripple cards to your family members back home, maybe up to 10 cards tied to one account in a western nation. I should be able to split up 200 bucks across 10 family members instantaneously.