Hard to know based on the little information you've shared. Is it a case huge. Forgotten your login stuff or they've locked your account?

You'll likely need to go through their verification process. Try emailing them. Calling seems to never work in my experience

Yukon Cornelius said:

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People are going to exchange their money in their bank accounts for ripple which is centrally and majority held by ripple lad to make transactions better?

I'm legitimately trying to understand the value proposition of ripple. Is it driven by pure speculation some banks going to use it? And if so what for or how or why?

Seems some here have invested in it and thought they would have some thoughts.

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Ah, I see what you are saying.


Two things going on here. You have the speculators trying to jump on the train early predicting adoption. Their prediction would be that the banks trading back and forth internationally would be using this as a standard transactional distribution system. So instead of an American doing international business needing to figure out exchange rates of multiple different currencies, then waiting between hours and days for the transaction to change hands, you have a centralized distribution system reducing the amount of inefficiencies inherent in the system. And the transaction takes place much quicker.

Basically this chart:



Now whether this is that much of an advantage over the USD remains to be seen. One could argue that the ease of trading in dollars is heavily dependent on the direction the US is going in and their relation to the countries in question. It would probably be much easier to trade rubles for XRP than ruble for dollars right now, for example. I also question the speed of transaction makes up for the energy expenditure as a whole. Or whether a centralized blockchain payment system ends up being more energy efficient.

We will see I guess.

It's sound XRP is trying to replace all the central banks clearing house services. Big problem with that thesis is banks get money from central banks. Sometimes 0% interest 0% collateral. If they move away from those central banks clearing house devices can't imagine they will be getting the cheap money to loan out.

I had not logged into my account in a long time and do not have the same phone/authenticator app anymore so I guess I'm technically locked out. The weird thing is after being on the phone with "George" for about 10 minutes with most on hold or providing the same 2 pieces of information (legal name and email address) he said he couldn't find the account and hung up on me

I would email them. If it's worth alot you can involve a lawyer

Yukon Cornelius said:

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It's sound XRP is trying to replace all the central banks clearing house services. Big problem with that thesis is banks get money from central banks. Sometimes 0% interest 0% collateral. If they move away from those central banks clearing house devices can't imagine they will be getting the cheap money to loan out.

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You can lend Ripple with interest, and I'm betting some kind of concession will be made to kickback transaction fees to whales.


My main concern from a practicality point of view is just whether the energy expenditure justifies the speed increase. Then whether enough people are making their nut off of it from keeping politicians from screwing it up.

I still don't even understand the basic premise. How and why is it even better than current system

People can do business with other people without government getting in the way, basically. Incredibly faster, less people involved, less trust needed.

Is ripple decentralized? PoW or stake? I'm gathering it's essentially a quasi private/public blockchain?

Nanomachines son said:

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JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay. pic.twitter.com/pO7fS4NhgO

— Watcher.Guru (@WatcherGuru) December 2, 2024

About to get really interesting.

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But when will Coinbase answer their phone and email and solve the problem accounts in this thread?

Lots of Companies and People will TAKE your money.

Yukon Cornelius said:

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Is ripple decentralized? PoW or stake? I'm gathering it's essentially a quasi private/public blockchain?

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Quasi public, not really either. They call it RPCA, which means that it relies on trusted validators to verify the block chain, rather than rewarding traditional stakers or miners. As a result, it's not nearly as decentralized.

How people are selected as "trusted," I have no idea.

Assets added to the roadmap today: MOG Coin (MOG)https://t.co/rRB9d3hSr2

— Coinbase Assets 🛡️ (@CoinbaseAssets) December 3, 2024

You know what I'm going to say.

Congrats on your win! Sincerely

Nanomachines son said:

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JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay. pic.twitter.com/pO7fS4NhgO

— Watcher.Guru (@WatcherGuru) December 2, 2024

About to get really interesting.

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Does this mean you can now effectively buy bitcoin with credit cards?

mavsfan4ever said:

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Nanomachines son said:

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JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay. pic.twitter.com/pO7fS4NhgO

— Watcher.Guru (@WatcherGuru) December 2, 2024

About to get really interesting.

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Does this mean you can now effectively buy bitcoin with credit cards?

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You can only use debit cards

Looks like you can add credit cards to Apple Pay. Are you saying that coinbase will somehow prevent you from paying with Apple Pay if you have a credit card hooked up but will let you buy if you have a debit card hooked up?

mavsfan4ever said:

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Looks like you can add credit cards to Apple Pay. Are you saying that coinbase will somehow prevent you from paying with Apple Pay if you have a credit card hooked up but will let you buy if you have a debit card hooked up?

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correct I've been using Apple Pay and I'm never able to select my credit card

Got it, thanks.

mavsfan4ever said:

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Nanomachines son said:

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JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay. pic.twitter.com/pO7fS4NhgO

— Watcher.Guru (@WatcherGuru) December 2, 2024

About to get really interesting.

---

Does this mean you can now effectively buy bitcoin with credit cards?

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You can do this with trust wallet though.

Any link bros?

I've had some a while from when I first started getting into crypto in 2019 and picked a little more up during the downturn. I like the idea behind it. Wish I sold it when it was in the upper 40-50s though but glad to see a rebound

I'm very bullish on it. Tokenization for assets etc is coming. All of it needs chainlink

Bitcoin going for it

ETH ripping

TxAG#2011 said:

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Bitcoin going for it

ETH ripping

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run baby, run!!

#blessed

Congrats to the HODLers. I remember it was not too long ago we were all arguing with TexasRebel when price was in the 50s LOL. It's been a cool double since then.

Lol at that volume candle.

ac04 said:

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trump just nominated this guy as SEC chair

Quote:

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As inflation rages on, many people regard cryptocurrency as a silver bullet to escape the tyranny of fiat currency. But what happens when government tries to take over that tool for its own purposes? Matt Kibbe is joined by Paul Atkins, CEO and founder of Patomak Global Partners, to discuss the prospects for cryptocurrency in the near future, the FTX scandal, and the consequences of government attempts to control and regulate this exciting new market of competing currencies.

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He spoke at Cardano Summit 2020

Mas89 said:

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Nanomachines son said:

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JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay. pic.twitter.com/pO7fS4NhgO

— Watcher.Guru (@WatcherGuru) December 2, 2024

About to get really interesting.

---

But when will Coinbase answer their phone and email and solve the problem accounts in this thread?

Lots of Companies and People will TAKE your money.

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This is why I purchase my Bitcoin though and hold in my Fidelity account. More comfortable with them then Coinbase. I also buy monthly the Fidelity crypto ETF and two other BC ETFs every month and have since their startup.

gm

Thank yourself. #Bitcoin pic.twitter.com/6cUwViCbvi

— Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) December 5, 2024