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> To be completely clear, not all of today’s cryptocurrencies will be supported on our network ... What are we looking for? > ...privacy and security of consum
by tal8d 6y ago
> To be completely clear, not all of today’s cryptocurrencies will be supported on our network ... What are we looking for?
> ...privacy and security of consumers’ information — the same level of security people have come to expect in their credit cards.
Well that is a low bar, so OK.
> ...strict compliance protocols will be needed, including Know Your Customer...
Woops, suddenly we aren't talking about a currency - we're talking about another licensed money transmitter.
> To reach our network, crypto assets will need to offer the stability people need in a vehicle for spending, not investment.
So some kind of pre-mined and centralized token system... hmmm, I wonder which poison pill they're talking about... could it be anything besides ripple?
- newsbinator 6y agoOne wouldn’t expect them to use Ripple, given the current SEC investigation. It could be Stellar XLM, but I haven’t heard any specifics in Stellar groups.
- tal8d 6y agolol, it is oddly comforting to take a break for a few years and then come back to find that ripple is still the Wile E. Coyote of the space. Fingers crossed for some kind of Frankenstein ZuckBuck.
- hi5eyes 6y agomastercard stablecoin
- hulahoof 6y agoDefinitely a stablecoin, perhaps USDC