"The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency."
So they don't use XRP, only the ripple technology.
BUT BUT BUT
Cant wait for 2018 and the missed opportunity for exactly THOSE people. They will be back. Massively oversalted.
Yeah and why should they hire someone who is responsible for regulatory framework within the US to adopt XRP usage. Man people open your eyes its right before you. Those facts arent made up and shit, it all comes together . In a few years people will read this thread and have a minute to honor some of the posters in here wich have given people the most legit informations and got trolled by mentally challenged patients. Me and many others wont be back into bitcointalk. We will life as legends!
I could not agree more. Just to add for others who dont know. Caullix and Flash FX are using XRP NOW.
https://www.flash-fx.com/blog/ripple-continues-to-bring-internet-of-value-to-life/
https://ripple.com/insights/ripplenet-grows-to-over-100-financial-institutions/
Another 'bagholder' here. I have absolutely no intention of selling my XRP any time soon. This is a great coin, and a genuine contender for the long-term number 1 spot, ahead of bitcoin.
Banks are stepping into a new technology here, and they are understandably cautious. Once they are comfortable and making savings, they will take the next step and use XRP. It has been demonstrated quite clearly that XRP, being the native coin, gives by far the greatest cost savings.
XRP will be huge. It is just a matter of time.