Ripple (XRPUSD)

[KC01905]

So it’s like the wallets are for individuals / the POS aspect is for companies / and the wallet merges it all together. We also use pop menus for a lot of the things this wallet / pos could do. I think we are going to wish we had heard of it sooner 😂😂

[WiseYoda]

Thumbs up!

[KC01905]

Yes. So if you download the wallet there’s like an online mall where participating companies can set up rewards points / email blasts / any marketing campaigns / anything they want. It’s pretty innovative.

[trunkmonk]

I just wish XRP could break free of BTC control in pricing, but not yet.

[WiseYoda]

OV Loop can be used as POS system? Yes, I get it as restaurants are so integrated that changing to a new system can seriously jack things up.

[KC01905]

Anyone can use it as a POS system and he said it was far cheaper than any competition on the market. Because of our integrations it’s impossible for us to switch technology for so many reasons. However … anyone without these restrictions would be crazy not to. 3 of the owners spent the last 4 days in DC working on legislation for CC fees and minimum wages. Servers just made $50 / hour Tuesday night and $45 / hour on a Wednesday night. People don’t realize how detrimental wage legislation would be to restaurants in this arena. Especially as servers almost always make more than the proposed minimum.

[WiseYoda]

What restaurant is interested in using this new POS system? Is it a chain or family restaurant? You can use OV Loop as a POS system? It sounds interesting for both the merchant and the customer. I know many restauranteurs who tell me Toast is a good system but there merchant fee is 4% — its too high and have passed on it because of it. If a restaurant doesn’t need to use the system as a POS then how else could it benefit from it?

Also, hearing Japan and real time payments screams XRP.

[KC01905]

It’s a banger …

Ripple, Brad Garlinghouse on Fox this morning, talking stable coins and pushing for US regulators to step up. pic.twitter.com/uCqwWj5paa

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) April 18, 2024

[Alpha611]

MHO, When all said and done. And the clock is winding down fast.
Don't think you will....

[Alpha611]

Either way can't hurt. Will put it on the back burner for now. Sounds GREAT.
Hope it all pans out. / GL

[trunkmonk]

well i just accumulate. its long term, i see nothing better out there.

[KC01905]

And don’t get me wrong. I don’t know anything about their product. Someone on StockTwits said it had a low rating. And that may be the case. All I am saying is it has a certain demographic … has a SHIT LOAD of cool features (from a company & individual user standpoint) but there is no doubt when he said peer to peer payment and made the point to reiterate how it was done. If you saw his face when I asked him about XRP. Now this could be nothing. Maybe I am reading into it a little too much. But this isn’t some fluff hit piece about rails being build in another country. This is right here. Could be nothing. Could be the beginning.

[Alpha611]

Im not discrediting you. But I am in awe. Wish you all the best!
Still looking for that eye opener. Until I see it, I'll continue with the bottle opener.

[KC01905]

It’s been a WHILE since I’ve made any contributions of substance to the page so I made sure to get the tea. So here goes.

So Sunday I am returning home from 2 days of camping and I see my neighbor pull up. He’s taking tables out of his car and I immediately say “Please God … not a marathon party.” Turns out he was doing an event for a small fintech he’s been working at the last two years. OV Loop. Took me by surprise as I’ve always known him as a marine tech. This was a new gig and mentioned it may be something I’d be interested in.

So he mentioned the restaurant may even be interested using them as a POS. I told him we’ve invested a lot of time and energy into Toast and integrated it heavily with Restaurant 365 for invoicing / inventory / blah blah blah. But would listen to the pitch.

Basically … they run super cheap. But he did mention they can do VIP programs etc etc etc. (some things we would be very interested in) so he pulls out his phone and shows me the wallet they created and all of the cool things it can do from the customer side (as in the restaurant). And it’s cool as hell. But I explain I don’t make those decisions but would see if I could put him in touch with the right people.

But then he switched gears and focused on the wallet itself. It does have an e CC with a cvv code that changes every time you use it (virtually impossible to duplicate). Has a fob for your keys which can be used for 3 transactions without the phone nearby. Can be used to swipe or tap and pay (which by the way is ONE of the things this company created. Tap and pay). The fob can locate your phone … your phone can locate the fob with gps … and if you lose the fob you can disable it from your phone. All wild.

So I notice some of the customers on the wallet. Lulu lemon and Jaho coffee. You know Jaho he asked? I’m like sure they have that amazing coffee shop in Salem, MA and like two others in the Boston area. Jokes on me … turns out they are huge … in Japan … and are a major client of theirs.

THEN he tells me the most interesting thing. “If you have a wallet and I have a wallet … we can make peer to peer payments.” And I said “Cool … like Venmo or PayPal,”. And he said kind of … but these payments “settle in real time.” There’s no waiting period and it’s not messaging / IP based. So I said “That’s wild. I know you aren’t doing that with BTC or ETH. There’s only one token created for real time settlements.” He froze. Like immediately. He said OH so you know crypto. Well this wallet definitely does have a demographic … and even if the restaurant doesn’t want to use us as a POS you would love it. One cool feature of the wallet is it has an encrypted folder that only you know and can be used to store all of your passwords. So you don’t need tons of little seed phrases in a fire safe box (I had been seen). He went on to say you can store all of your phrases here and only have to remember one for the folder and blah blah blah. But he had already told me the good part.

Peer to peer real time settlements. One of their biggest clients are a major player in Japan (makes sense). We both joked about how far behind the US is falling. But super low transaction fees. What would make all of this possible. I have to talk to him again soon and will let you know what I hear. But I think we all heard the same thing.

[KC01905]

Well you can download the wallet from the iStore. They have an encrypted credit card whose CVV changes with every purchase making it virtually impossible to use. Its pos is awesome for companies BUT the wallet is also awesome for users like us. It can even do peer to peer payments unlike PayPal or Venmo because … and I quote … the payments happen in real time settlement. Not IP messaging and no waiting for payments. Real time.

[Alpha611]

Soon to be Mr. Sadman. ) :

[Alpha611]

lol....I think it's called Mr. Sandman. Both story and song!

[KC01905]

It’s bigger than that. I am downloading the OV Loop wallet from the App Store today. Regardless of how this conversation / story goes it’s definitely worth looking at.

[WiseYoda]

If XRP gets implemented into merchant use then this is good news.

[KC01905]

It’s a great story. Apparently they are the company that developed “tap and pay”. They have an application for businesses and then an application / app / encrypted credit card (cvv code changes with every purchase so it’s like impossible to steal). I was approached about using it as a POS system for the restaurants but wait til you hear the good part. Like f’ing over the top wild.

[WiseYoda]

Fill us in when you get some free time….

[trunkmonk]

well thankyou, i can use some good news for my Ripple right now, i have accumulating going down. its not healthy. i feel better on the way up

[KC01905]

Has anyone here heard of a company called OV Loop. It is a very small FinTech startup here in the. Boston area. My neighbor works for them. I have a wild story for everyone after work. Gather around the campfire for a wild tale of the possible future of XRP.

[Alpha611]

Did you expect any thing less with the Election around the corner.
It's part of the program.

[Horsts]

USA have to destroy Irans nuke program.
Never ever a religious idiot should get allowed to have nukes.

[ap17]

Yep, and iran's nuk program is about to return to the stone age. MARK IT!

[Sooth_Sayer]

100 drones were flying towards the promised land from Persia. Fear trade pan sell-off in the crypto markets.

[delerious1]

I wish I knew but this "sell off" wasn't just limited to just XRP

[Sonic Boom]

So, that was quite the hair cut today. What's up with the sell off?

[Alpha611]

LOL.....And then there was light!

[Horsts]

Let’s go away

[trunkmonk]

Letsa gooo🏎️

[KICK1]

Powder Pumpin! $XRP

[WiseYoda]

Lets go!

[KICK1]

HaHa Ripple Apes! To The Moon & Mars! $XRP

[WiseYoda]

Ripple apes….hehehe!

[KICK1]

Indeed, Stacking More Ripple $XRP XrpStandard! Apes

[Alpha611]

lol......Looking good!

[trunkmonk]

I may bring my friend Mongo over to Ripple soon, he will help get this above dollar tree levels. July 2024 to get above 2021 hi.

[Alpha611]

Yep! All in good time. 🚀

[KICK1]

Hey Thanks Alpha, There is Chance Soon, I See A Very High Ask Level 2 & Other Tickers Showing the MoMo’s Want It $XRP Go Ripple Apes!

[MindlessSelf]

If 5 trillion pour into the asset class it doesn’t matter what you hold. It is all going up. I’m all in on the slowest horse but xrp will pay off no matter what long term. Question no one knows is how much. Is it the diamond in the rough? I certainly think so

[Bizdevguy]

Ripple‘s (CRYPTO: XRP) CEO, Brad Garlinghouse on Monday predicted the total cryptocurrency market capitalization could soar to $5 trillion, solidifying bullish expectations for the cryptocurrency market,

[ceaa]

Sell ?...this is XrP it never disappoint and back for the retest 🤦😂😂😂

[Alpha611]

Who and why are these F-*(&&%* IDIOTS keep making up these
not so smart predictions. Just cluttering everything up. A-HOLES!

[Alpha611]

Im with you brother 100%.
Just getting a little anxious and waiting on that early X-Mas gift.
My gut feeling she's going to light up like a Christmas tree. I just want to see it when they hit the switch.
Keep buying them ornaments. Need a break and move on to a new holiday.
Will make one more purchase at the time of the eclipse if opportunity arrives.
Need to focus on my Helium -Mobile. lol

[trunkmonk]

thankyou, u just said it without knowing what you just said, its ready to do exactly the same thing it did almost 5 years ago. not a problem, an opportunity that appears to be forming right now. good luck, it the pattern breaks then it wont, but so far its shaping up perfectly

[Alpha611]

Agree. Problem is its a 1bagger every 5 years! lol

[WolfOfGrnStreet]

At least a 5 bagger from here. Word!

[Alpha611]

lol, Going know here fast.