XRP News Update: The Internet of Value Forges Ahead

XRP News Update: The Internet of Value Forges Ahead

Why is XRP the best choice for digital asset investors?

When this question is posed to most of us in the XRP Community, the five-minute elevator pitches can sound completely different depending on the person you’re talking to.

If we are to observe what’s happened in the cryptomarket of late, it may be the word ‘consolidation.’

The market continues to behave in a way that doesn’t punish individual investors for making the incorrect choice; most of the trading occurs on exchanges, where people can instantaneously trade one crypto for another at the speed of a centralized database, not understanding that proof-of-work cryptocurrencies like Bitcoin and Ethereum could never support such real-time settlement.

These new investors, if their crypto never leaves the exchange, are not exposed to the failings of these obsolete cryptocurrencies.

Instead of encountering these limitations – such as Bitcoin’s one-hour confirmation times – these traders struggle to understand why one choice is better than another.

While this is happening, the companies in the XRP ecosystem are continuing their steady progress in building out the necessary liquidity, software, tools, and applications for XRP to thrive and grow. Ripple has super-charged this trend with enormous investment from Xpring, its initiative that plows massive amounts of capital back into the circle of companies championing XRP. These companies are using XRP for a variety of immense new use cases.

This includes usage in micropayment applications, social media, crypto custody tools, tokenization, monetization, and now, decentralized finance.

This is no accident. These developments are born of a plan, each of which reconciles to the overtly-stated goals for Xpring:

“𝘞𝘦 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘦 𝘵𝘰 𝘰𝘱𝘦𝘯-𝘴𝘰𝘶𝘳𝘤𝘦 𝘤𝘳𝘺𝘱𝘵𝘰 𝘱𝘳𝘰𝘵𝘰𝘤𝘰𝘭𝘴 𝘴𝘶𝘤𝘩 𝘢𝘴 𝘵𝘩𝘦 𝘟𝘙𝘗 𝘓𝘦𝘥𝘨𝘦𝘳 𝘢𝘯𝘥 𝘐𝘯𝘵𝘦𝘳𝘭𝘦𝘥𝘨𝘦𝘳 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴, 𝘸𝘦 𝘪𝘯𝘷𝘦𝘴𝘵 𝘪𝘯 𝘣𝘭𝘰𝘤𝘬𝘤𝘩𝘢𝘪𝘯 𝘴𝘵𝘢𝘳𝘵𝘶𝘱𝘴 𝘢𝘯𝘥 𝘸𝘦 𝘱𝘢𝘳𝘵𝘯𝘦𝘳 𝘸𝘪𝘵𝘩 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘵𝘩𝘦𝘮 𝘨𝘳𝘰𝘸.

𝘞𝘩𝘪𝘭𝘦 𝘙𝘪𝘱𝘱𝘭𝘦 𝘪𝘴 𝘧𝘰𝘤𝘶𝘴𝘦𝘥 𝘰𝘯 𝘤𝘳𝘰𝘴𝘴-𝘣𝘰𝘳𝘥𝘦𝘳 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴, 𝘸𝘦 𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘮𝘢𝘯𝘺 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘦𝘹𝘪𝘴𝘵 𝘧𝘰𝘳 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘟𝘙𝘗 𝘪𝘯 𝘵𝘩𝘦 𝘣𝘳𝘰𝘢𝘥𝘦𝘳 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘴𝘱𝘢𝘤𝘦, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘮𝘪𝘤𝘳𝘰𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴, 𝘦-𝘤𝘰𝘮𝘮𝘦𝘳𝘤𝘦, 𝘦𝘹𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘢𝘯𝘥 𝘱𝘦𝘦𝘳-𝘵𝘰-𝘱𝘦𝘦𝘳.”

It’s this organized, comprehensive planning and follow-through that is lacking in other blockchain projects; Ripple continues to lead the market, ahead of the curve with trends and developments, and it’s this vision that has set XRP on the path to one destination: To be the most-used digital asset in the history of planet Earth.

General Crypto News

‘Stella’ is the code name given to a joint project underway, sponsored by two central banks: That of the European Central Bank, and the Bank of Japan. The team just published the latest results on ‘Phase 3’ of their project.

Throughout the last three years, we’ve seen multiple central banks begin to run their own experiments with distributed ledger technology (DLT) in an effort to beef up their internal knowledge about the new field. In the project conducted by the European Central Banks and the Bank of Japan, the first two phases of the experiment(s) focused on:

“… 𝘵𝘩𝘦 𝘱𝘳𝘰𝘤𝘦𝘴𝘴𝘪𝘯𝘨 𝘰𝘧 𝘭𝘢𝘳𝘨𝘦-𝘷𝘢𝘭𝘶𝘦 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘶𝘴𝘪𝘯𝘨 𝘋𝘓𝘛 (𝘚𝘦𝘱𝘵𝘦𝘮𝘣𝘦𝘳 2017) 𝘢𝘯𝘥 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘺 𝘷𝘦𝘳𝘴𝘶𝘴 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 (𝘋𝘝𝘗) 𝘪𝘯 𝘢 𝘋𝘓𝘛 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵 (𝘔𝘢𝘳𝘤𝘩 2018).”

The third phase focused squarely on cross-border payments.

The document details the experiments conducted by the two central banks, the approaches used, and what technology was leveraged to complete the investigation. Throughout the document, I noticed that the same terminology is used for the necessary cross-border settlement of funds, as that used in the XRP Ledger: The terms ‘escrow,’ ‘payment channel,’ and ‘trust-line’ were all used to describe some of the necessary concepts for settlement.

In addition, the document talks about specific Ripple offerings, such as xCurrent, and delves more than casually into the Interledger Protocol, the international payment standard created by Evan Schwartz and Stefan Thomas.

One of the strong points of the paper is that it examined some of the ‘fringe’ cases that a robust cross-border payment system must handle, such as a ‘time-out’ or failed payment. It also tackled heady subjects such as payment safety, atomicity, and the relative importance of the ‘base layer’ technology – i.e. the performance metrics and settlement speed of the underlying ledgers. The team also ran experiments in parallel – with and without ILP.

The paper’s purpose was not to provide feedback or an endorsement on specific technologies used, but I felt, looking at the in-depth results and critical observations, that the people involved were heading in a specific direction that may include ILP and even, potentially, some of Ripple’s software products.

While not directly impacting XRP, this is one development that certainly adds to the list of central banks that have experimented with Ripple technology, which is critical to the growth of the overall DLT industry and market.

Thanks to CryptoEri for her coverage of the Phase 3 results.

Ripple News

PayExpo is a conference scheduled from October 8-9 of this year in London. The conference is in its ninth year, and it describes itself as:

“… 𝘵𝘩𝘦 𝘣𝘦𝘴𝘵 𝘱𝘭𝘢𝘤𝘦 𝘵𝘰 𝘴𝘩𝘢𝘳𝘦 𝘬𝘯𝘰𝘸𝘭𝘦𝘥𝘨𝘦 𝘢𝘯𝘥 𝘳𝘶𝘣 𝘴𝘩𝘰𝘶𝘭𝘥𝘦𝘳𝘴 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘥𝘪𝘴𝘳𝘶𝘱𝘵𝘰𝘳𝘴 𝘢𝘯𝘥 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘰𝘳𝘴 𝘥𝘳𝘪𝘷𝘪𝘯𝘨 𝘤𝘩𝘢𝘯𝘨𝘦 𝘪𝘯 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴.

𝘈𝘴 𝘵𝘩𝘦 𝘜𝘒’𝘴 𝘭𝘢𝘳𝘨𝘦𝘴𝘵 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘦𝘷𝘦𝘯𝘵, 𝘗𝘢𝘺𝘌𝘹𝘱𝘰 𝘪𝘴 𝘦𝘴𝘴𝘦𝘯𝘵𝘪𝘢𝘭 𝘧𝘰𝘳 𝘢𝘯𝘺𝘰𝘯𝘦 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘥 𝘢𝘯𝘥 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘦𝘥 𝘪𝘯 𝘮𝘢𝘬𝘪𝘯𝘨 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘧𝘢𝘴𝘵𝘦𝘳, 𝘦𝘢𝘴𝘪𝘦𝘳 𝘢𝘯𝘥 𝘮𝘰𝘳𝘦 𝘴𝘦𝘤𝘶𝘳𝘦.”

On Tuesday, October 8th, the conference is planning an afternoon session titled ‘Instant Cross-Border Payments. The good, the bad and the ugly,’ and it will feature two panelists; Chris Fletcher, the Global Head of Digital & Channel Partnerships, Global Payments at Western Union, and Jeremy Light, VP of EU Strategic Accounts – Ripple.

The panel discussion will be moderated by Imran Ali, Managing Principal at Answer Digital Payments.

Hopefully the conference will release video from the discussion.
Thanks to @BankXRP (Twitter avatar) for the reminder about PayExpo.

Codius Host 2.0 Preview

Ripple is giving Codius, their smart contract hosting platform, more attention, along with smart contracts and decentralized applications in general.

Not all of the work on critical application components and new technology is being done in-house, however; some of the progress is being made by Ripple’s Xpring companies, such as Coil. One example is a preview of the new version of Codius, published by Brandon Wilson (from Coil) for curious smart contract developers:

Codius Host two point zero Preview

It’s a point-in-time preview of the code, and not the finished product, but it’s worth noting a public-facing report of ongoing Codius development.

Coil

Soar Payments is a business that serves markets that have had a tough time finding traditional banks that are willing to fulfill their specialty needs and industries. This includes customers in such industries as digital streaming, fantasy sports, collectibles, vape providers, and precious metals.

The site also runs a podcast series called ‘PayPod,’ and on July 10th, the platform released an interview with Stefan Thomas, the CEO of Coil.

On that podcast, Scott Hawksworth asked Stefan Thomas to comment on a variety of topics, and started with a positive and comprehensive introduction of Stefan Thomas himself. Here are a few quotes from that interview:

Question / Comment (Scott Hawksworth): ‘𝘞𝘩𝘢𝘵 𝘥𝘰𝘦𝘴 𝘊𝘰𝘪𝘭 𝘥𝘰? 𝘞𝘩𝘢𝘵’𝘴 𝘺𝘰𝘶𝘳 𝘮𝘪𝘴𝘴𝘪𝘰𝘯? 𝘈𝘯𝘥 𝘩𝘰𝘸 𝘥𝘰𝘦𝘴 𝘵𝘩𝘢𝘵 𝘢𝘭𝘭 𝘤𝘰𝘯𝘯𝘦𝘤𝘵 𝘵𝘰 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘢𝘯𝘥 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 – 𝘢𝘯𝘥 𝘢𝘭𝘭 𝘰𝘧 𝘵𝘩𝘢𝘵?’

Answer (Stefan Thomas): ‘𝘞𝘪𝘵𝘩 𝘊𝘰𝘪𝘭, 𝘸𝘦’𝘳𝘦 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘪𝘮𝘱𝘳𝘰𝘷𝘦 𝘵𝘩𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘮𝘰𝘥𝘦𝘭 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘸𝘦𝘣.

𝘞𝘩𝘦𝘯 𝘺𝘰𝘶 𝘭𝘰𝘰𝘬 𝘢𝘵 𝘵𝘩𝘦 𝘸𝘦𝘣 𝘵𝘰𝘥𝘢𝘺, 𝘵𝘩𝘦𝘳𝘦’𝘴 𝘵𝘸𝘰 𝘮𝘢𝘪𝘯 𝘸𝘢𝘺𝘴 𝘵𝘩𝘢𝘵 𝘸𝘦𝘣𝘴𝘪𝘵𝘦𝘴 𝘦𝘢𝘳𝘯 𝘮𝘰𝘯𝘦𝘺. 𝘈𝘯𝘥 𝘰𝘯𝘦 𝘰𝘧 𝘵𝘩𝘦𝘮 𝘪𝘴 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘪𝘯𝘨; 𝘵𝘩𝘪𝘯𝘨𝘴 𝘭𝘪𝘬𝘦 𝘢𝘯𝘢𝘭𝘺𝘵𝘪𝘤𝘴; 𝘢𝘯𝘥 𝘵𝘩𝘦𝘯 𝘵𝘩𝘦 𝘰𝘵𝘩𝘦𝘳 𝘰𝘯𝘦 𝘪𝘴 𝘴𝘪𝘵𝘦-𝘣𝘺-𝘴𝘪𝘵𝘦 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯. 𝘠𝘰𝘶 𝘴𝘪𝘨𝘯 𝘶𝘱 𝘧𝘰𝘳 𝘕𝘦𝘵𝘧𝘭𝘪𝘹. 𝘖𝘳 𝘺𝘰𝘶 𝘴𝘪𝘨𝘯 𝘶𝘱 𝘧𝘰𝘳 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘈𝘮𝘢𝘻𝘰𝘯 𝘗𝘳𝘪𝘮𝘦, 𝘰𝘳 𝘸𝘩𝘢𝘵𝘦𝘷𝘦𝘳. 𝘈𝘯𝘥 𝘴𝘰, 𝘸𝘦 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘢𝘵 𝘣𝘰𝘵𝘩 𝘰𝘧 𝘵𝘩𝘰𝘴𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘮𝘰𝘥𝘦𝘭𝘴 𝘩𝘢𝘷𝘦 𝘪𝘴𝘴𝘶𝘦𝘴; 𝘢𝘯𝘥 𝘣𝘰𝘵𝘩 𝘰𝘧 𝘵𝘩𝘦𝘮 𝘳𝘦𝘢𝘭𝘭𝘺 𝘸𝘰𝘳𝘬 𝘣𝘦𝘴𝘵 𝘢𝘵 𝘩𝘶𝘨𝘦 𝘴𝘤𝘢𝘭𝘦.

𝘐𝘯 𝘵𝘩𝘦 𝘤𝘢𝘴𝘦 𝘰𝘧 𝘢𝘥𝘴, 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘢 𝘩𝘶𝘨𝘦 𝘢𝘥 𝘯𝘦𝘵𝘸𝘰𝘳𝘬. 𝘠𝘰𝘶 𝘰𝘣𝘷𝘪𝘰𝘶𝘴𝘭𝘺 𝘮𝘢𝘬𝘦 𝘢 𝘭𝘰𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺 𝘵𝘩𝘢𝘯 𝘪𝘧 𝘺𝘰𝘶’𝘳𝘦 𝘫𝘶𝘴𝘵 𝘢 𝘴𝘮𝘢𝘭𝘭 𝘸𝘦𝘣𝘴𝘪𝘵𝘦 𝘵𝘩𝘢𝘵’𝘴 𝘴𝘦𝘭𝘭𝘪𝘯𝘨 𝘢 𝘭𝘪𝘵𝘵𝘭𝘦 𝘣𝘪𝘵 𝘰𝘧 𝘢𝘥 𝘴𝘱𝘢𝘤𝘦. 𝘉𝘦𝘤𝘢𝘶𝘴𝘦 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘢𝘭𝘭 𝘰𝘧 𝘵𝘩𝘢𝘵 𝘥𝘢𝘵𝘢 𝘢𝘣𝘰𝘶𝘵 𝘺𝘰𝘶𝘳 𝘶𝘴𝘦𝘳𝘴. 𝘈𝘯𝘥 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘦𝘷𝘦𝘳𝘺 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘶𝘴𝘦𝘳 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘦𝘥 𝘧𝘰𝘳 𝘦𝘷𝘦𝘳𝘺 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘳 𝘵𝘩𝘢𝘵 𝘮𝘪𝘨𝘩𝘵 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘸𝘰𝘳𝘬 𝘸𝘪𝘵𝘩 𝘺𝘰𝘶.

𝘈𝘯𝘥 𝘴𝘪𝘮𝘪𝘭𝘢𝘳𝘭𝘺, 𝘸𝘪𝘵𝘩 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯, 𝘺𝘰𝘶’𝘳𝘦 𝘯𝘰𝘵 𝘨𝘰𝘪𝘯𝘨 𝘵𝘰 𝘴𝘪𝘨𝘯 𝘶𝘱 𝘧𝘰𝘳 𝘢 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯 𝘵𝘰 𝘢 𝘴𝘪𝘵𝘦 𝘸𝘪𝘵𝘩 𝘷𝘦𝘳𝘺 𝘭𝘪𝘵𝘵𝘭𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘖𝘳 𝘢𝘵 𝘭𝘦𝘢𝘴𝘵, 𝘵𝘩𝘦 𝘩𝘶𝘳𝘥𝘭𝘦 𝘰𝘧 𝘴𝘪𝘨𝘯𝘪𝘯𝘨 𝘶𝘱 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘴𝘪𝘵𝘦 𝘪𝘴 𝘢 𝘭𝘰𝘵 𝘣𝘪𝘨𝘨𝘦𝘳; 𝘐𝘵’𝘴 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘶𝘯𝘳𝘦𝘢𝘭𝘪𝘴𝘵𝘪𝘤 𝘵𝘩𝘢𝘵 𝘶𝘴𝘦𝘳𝘴 𝘸𝘰𝘶𝘭𝘥 𝘨𝘰 𝘢𝘯𝘥 𝘮𝘢𝘯𝘢𝘨𝘦 𝘰𝘯𝘦 𝘩𝘶𝘯𝘥𝘳𝘦𝘥 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯𝘴 𝘧𝘰𝘳 𝘢 𝘩𝘶𝘯𝘥𝘳𝘦𝘥 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘸𝘦𝘣𝘴𝘪𝘵𝘦𝘴.

𝘚𝘰 𝘸𝘦’𝘳𝘦 𝘱𝘳𝘰𝘱𝘰𝘴𝘪𝘯𝘨 𝘢 𝘵𝘩𝘪𝘳𝘥 𝘸𝘢𝘺 … 𝘢 𝘵𝘩𝘪𝘳𝘥 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘮𝘰𝘥𝘦𝘭 𝘧𝘰𝘳 𝘴𝘪𝘵𝘦𝘴. 𝘍𝘳𝘰𝘮 𝘢 𝘶𝘴𝘦𝘳’𝘴 𝘱𝘦𝘳𝘴𝘱𝘦𝘤𝘵𝘪𝘷𝘦, 𝘪𝘵’𝘴 𝘢 𝘧𝘭𝘢𝘵 𝘳𝘢𝘵𝘦. 𝘈𝘯𝘥 𝘮𝘢𝘺𝘣𝘦 𝘴𝘰𝘮𝘦 𝘥𝘢𝘺, 𝘪𝘵 𝘸𝘪𝘭𝘭 𝘦𝘷𝘦𝘯 𝘣𝘦 𝘣𝘶𝘪𝘭𝘵 𝘪𝘯𝘵𝘰 𝘺𝘰𝘶𝘳 𝘐𝘯𝘵𝘦𝘳𝘯𝘦𝘵 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘪𝘰𝘯𝘴, 𝘴𝘰 𝘺𝘰𝘶 𝘥𝘰𝘯’𝘵 𝘦𝘷𝘦𝘯 𝘩𝘢𝘷𝘦 𝘵𝘰 𝘵𝘩𝘪𝘯𝘬 𝘢𝘣𝘰𝘶𝘵 𝘴𝘪𝘨𝘯𝘪𝘯𝘨 𝘶𝘱 𝘧𝘰𝘳 𝘵𝘩𝘢𝘵.

𝘖𝘯𝘤𝘦 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘵𝘩𝘢𝘵, 𝘵𝘩𝘦 𝘮𝘰𝘯𝘦𝘺 𝘧𝘳𝘰𝘮 𝘵𝘩𝘢𝘵 𝘧𝘭𝘢𝘵 𝘳𝘢𝘵𝘦 𝘪𝘴 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘦𝘥 𝘵𝘰 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘴𝘪𝘵𝘦𝘴 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘷𝘪𝘴𝘪𝘵 .. 𝘢𝘴 𝘺𝘰𝘶 𝘷𝘪𝘴𝘪𝘵 𝘵𝘩𝘦𝘮. 𝘚𝘰 𝘺𝘰𝘶 𝘨𝘰 𝘵𝘰 .. 𝘵𝘩𝘦 𝘛𝘪𝘮𝘦𝘴? 𝘐𝘵 𝘴𝘦𝘯𝘥𝘴 𝘢 𝘭𝘪𝘵𝘵𝘭𝘦 𝘣𝘪𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺 𝘵𝘰 𝘵𝘩𝘦𝘮. 𝘠𝘰𝘶 𝘨𝘰 𝘵𝘰 𝘢 𝘷𝘪𝘥𝘦𝘰 𝘴𝘪𝘵𝘦? 𝘐𝘵 𝘴𝘦𝘯𝘥𝘴 𝘢 𝘭𝘪𝘵𝘵𝘭𝘦 𝘣𝘪𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺 𝘵𝘰 𝘵𝘩𝘢𝘵 𝘷𝘪𝘥𝘦𝘰 𝘴𝘪𝘵𝘦; 𝘠𝘰𝘶 𝘨𝘰 𝘵𝘰 𝘢 𝘱𝘰𝘥𝘤𝘢𝘴𝘵𝘪𝘯𝘨 𝘴𝘪𝘵𝘦? 𝘐𝘵 𝘴𝘦𝘯𝘥𝘴 𝘢 𝘭𝘪𝘵𝘵𝘭𝘦 𝘣𝘪𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺 𝘵𝘰 𝘵𝘩𝘢𝘵 𝘱𝘰𝘥𝘤𝘢𝘴𝘵𝘪𝘯𝘨 𝘴𝘪𝘵𝘦. 𝘈𝘯𝘥 𝘵𝘩𝘦𝘯 𝘵𝘩𝘰𝘴𝘦 𝘴𝘪𝘵𝘦𝘴 𝘤𝘢𝘯 𝘧𝘶𝘳𝘵𝘩𝘦𝘳 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘦 𝘵𝘩𝘢𝘵 𝘵𝘰 𝘵𝘩𝘦𝘪𝘳 𝘤𝘳𝘦𝘢𝘵𝘰𝘳𝘴.

𝘛𝘩𝘦 𝘨𝘰𝘢𝘭 𝘸𝘪𝘵𝘩 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘪𝘵 𝘦𝘢𝘴𝘪𝘦𝘳 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘢 𝘮𝘦𝘥𝘪𝘶𝘮-𝘴𝘪𝘻𝘦𝘥 𝘴𝘪𝘵𝘦 𝘢𝘯𝘥 𝘢𝘭𝘴𝘰 𝘵𝘰 𝘵𝘢𝘬𝘦 𝘢𝘸𝘢𝘺 𝘴𝘰𝘮𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘳𝘰𝘮𝘪𝘴𝘦𝘴 𝘵𝘩𝘢𝘵 𝘱𝘦𝘰𝘱𝘭𝘦 𝘩𝘢𝘷𝘦 𝘩𝘢𝘥 𝘵𝘰 𝘮𝘢𝘬𝘦, 𝘣𝘰𝘵𝘩 𝘰𝘯 𝘵𝘩𝘦 𝘤𝘳𝘦𝘢𝘵𝘰𝘳 𝘴𝘪𝘥𝘦 𝘢𝘴 𝘸𝘦𝘭𝘭 𝘢𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘶𝘴𝘦𝘳 𝘴𝘪𝘥𝘦. 𝘍𝘰𝘳 𝘦𝘹𝘢𝘮𝘱𝘭𝘦, 𝘢 𝘭𝘰𝘵 𝘰𝘧 𝘸𝘦𝘣𝘮𝘢𝘴𝘵𝘦𝘳𝘴 𝘵𝘩𝘢𝘵 𝘸𝘦’𝘷𝘦 𝘵𝘢𝘭𝘬𝘦𝘥 𝘵𝘰 – 𝘵𝘩𝘦𝘺 𝘵𝘢𝘭𝘬 𝘢𝘣𝘰𝘶𝘵 𝘩𝘰𝘸 𝘵𝘩𝘦𝘺 𝘥𝘰𝘯’𝘵 𝘭𝘪𝘬𝘦 𝘵𝘩𝘦 𝘶𝘴𝘦𝘳 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘸𝘪𝘵𝘩 𝘢𝘥𝘴; 𝘵𝘩𝘦𝘺 𝘥𝘰𝘯’𝘵 𝘭𝘪𝘬𝘦 𝘣𝘰𝘵𝘩𝘦𝘳𝘪𝘯𝘨 𝘵𝘩𝘦 𝘶𝘴𝘦𝘳 𝘸𝘪𝘵𝘩 𝘱𝘰𝘱𝘶𝘱𝘴 𝘢𝘯𝘥 … 𝘷𝘪𝘥𝘦𝘰𝘴 … 𝘢𝘯𝘥 𝘵𝘩𝘦𝘺 𝘩𝘢𝘷𝘦 𝘩𝘢𝘭𝘧 𝘵𝘩𝘦 𝘴𝘤𝘳𝘦𝘦𝘯 𝘴𝘱𝘢𝘤𝘦 𝘵𝘢𝘬𝘦 𝘶𝘱 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘢𝘳 𝘢𝘥, 𝘰𝘳 𝘸𝘩𝘢𝘵𝘦𝘷𝘦𝘳. 𝘛𝘩𝘦 𝘶𝘴𝘦𝘳𝘴 𝘥𝘰𝘯’𝘵 𝘭𝘪𝘬𝘦 𝘵𝘩𝘢𝘵 𝘦𝘪𝘵𝘩𝘦𝘳, 𝘴𝘰 𝘵𝘩𝘦𝘺 𝘶𝘴𝘦 𝘢𝘥-𝘣𝘭𝘰𝘤𝘬𝘦𝘳𝘴, 𝘸𝘩𝘪𝘤𝘩 𝘢𝘨𝘢𝘪𝘯 𝘤𝘳𝘦𝘢𝘵𝘦𝘴 𝘢 𝘣𝘪𝘨 𝘱𝘳𝘰𝘣𝘭𝘦𝘮 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘤𝘳𝘦𝘢𝘵𝘰𝘳𝘴 …

… 𝘢𝘥-𝘣𝘭𝘰𝘤𝘬𝘪𝘯𝘨 𝘳𝘢𝘵𝘦𝘴 𝘢𝘳𝘦 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘪𝘯𝘨.

𝘈𝘯𝘥 𝘰𝘯 𝘵𝘩𝘦 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯 𝘴𝘪𝘥𝘦, 𝘺𝘰𝘶 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘩𝘢𝘷𝘦 𝘢 𝘱𝘳𝘰𝘭𝘪𝘧𝘦𝘳𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯𝘴. 𝘐𝘵 𝘶𝘴𝘦𝘥 𝘵𝘰 𝘣𝘦 … 𝘐 𝘤𝘰𝘶𝘭𝘥 𝘫𝘶𝘴𝘵 𝘩𝘢𝘷𝘦 𝘕𝘦𝘵𝘧𝘭𝘪𝘹 𝘵𝘰 𝘤𝘰𝘷𝘦𝘳 𝘢𝘭𝘭 𝘮𝘺 𝘷𝘪𝘥𝘦𝘰 𝘯𝘦𝘦𝘥𝘴. 𝘉𝘶𝘵 𝘯𝘰𝘸 𝘺𝘰𝘶 𝘨𝘦𝘵 𝘴𝘰𝘮𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘣𝘪𝘨 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘤𝘳𝘦𝘢𝘵𝘰𝘳𝘴 𝘴𝘰𝘳𝘵 𝘰𝘧 𝘱𝘶𝘭𝘭𝘪𝘯𝘨 𝘰𝘧𝘧 𝘵𝘩𝘦𝘪𝘳 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 … 𝘰𝘧𝘧 𝘰𝘧 𝘕𝘦𝘵𝘧𝘭𝘪𝘹, 𝘴𝘰 𝘵𝘩𝘦𝘺 𝘤𝘢𝘯 𝘴𝘵𝘢𝘳𝘵 𝘵𝘩𝘦𝘪𝘳 𝘰𝘸𝘯 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 … 𝘪𝘵 𝘲𝘶𝘪𝘤𝘬𝘭𝘺 𝘨𝘦𝘵𝘴 𝘩𝘢𝘳𝘥 𝘵𝘰 𝘮𝘢𝘯𝘢𝘨𝘦 𝘧𝘰𝘳 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳𝘴.’

Question / Comment (Scott Hawksworth): ‘𝘞𝘩𝘢𝘵 𝘥𝘰 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦 𝘧𝘰𝘳 𝘊𝘰𝘪𝘭? 𝘈𝘳𝘦 𝘵𝘩𝘦𝘳𝘦 𝘢𝘯𝘺 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘪𝘦𝘴 𝘰𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴, 𝘰𝘳 … 𝘣𝘪𝘨 𝘵𝘩𝘪𝘯𝘨𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘩𝘰𝘳𝘪𝘻𝘰𝘯 …?

Answer (Stefan Thomas): ‘𝘐 𝘵𝘩𝘪𝘯𝘬, 𝘧𝘰𝘳 𝘶𝘴, 𝘪𝘵’𝘴 𝘢𝘭𝘭 𝘢𝘣𝘰𝘶𝘵 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘰𝘶𝘵 𝘵𝘩𝘢𝘵 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘢𝘯𝘥 𝘮𝘢𝘬𝘪𝘯𝘨 𝘴𝘶𝘳𝘦 𝘪𝘧 𝘺𝘰𝘶 𝘨𝘦𝘵 𝘢 𝘊𝘰𝘪𝘭 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘱𝘵𝘪𝘰𝘯, 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘢𝘷𝘦 𝘢𝘤𝘤𝘦𝘴𝘴 𝘵𝘰 𝘢 𝘣𝘶𝘯𝘤𝘩 𝘰𝘧 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘵𝘩𝘢𝘵’𝘴 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘪𝘯𝘨 𝘵𝘰 𝘺𝘰𝘶 …

… 𝘪𝘧 𝘐 𝘭𝘰𝘰𝘬 𝘰𝘶𝘵 𝘢 𝘤𝘰𝘶𝘱𝘭𝘦 𝘺𝘦𝘢𝘳𝘴, 𝘐 𝘳𝘦𝘢𝘭𝘭𝘺 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘴𝘦𝘦 𝘵𝘩𝘦𝘳𝘦 𝘣𝘦𝘪𝘯𝘨 𝘭𝘰𝘵𝘴 𝘰𝘧 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳𝘴 𝘰𝘯 𝘣𝘰𝘵𝘩 𝘴𝘪𝘥𝘦𝘴: 𝘉𝘰𝘵𝘩 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘰𝘳𝘴 𝘵𝘰 𝘊𝘰𝘪𝘭 𝘸𝘩𝘰 𝘢𝘳𝘦 𝘢𝘭𝘴𝘰 𝘱𝘳𝘰𝘷𝘪𝘥𝘪𝘯𝘨 𝘢𝘤𝘤𝘦𝘴𝘴 𝘵𝘰 𝘸𝘦𝘣 𝘮𝘰𝘯𝘦𝘵𝘪𝘻𝘢𝘵𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘭𝘰𝘵𝘴 𝘰𝘧 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮𝘴 𝘵𝘩𝘢𝘵 𝘢𝘭𝘭𝘰𝘸 𝘤𝘳𝘦𝘢𝘵𝘰𝘳𝘴 𝘵𝘰 𝘱𝘶𝘣𝘭𝘪𝘴𝘩 …

… 𝘧𝘰𝘳 𝘵𝘩𝘢𝘵 𝘵𝘰 𝘩𝘢𝘱𝘱𝘦𝘯, 𝘐 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘵𝘩𝘪𝘯𝘨 𝘪𝘴 𝘵𝘩𝘦 𝘱𝘦𝘳𝘤𝘦𝘱𝘵𝘪𝘰𝘯 𝘰𝘧 𝘮𝘰𝘯𝘦𝘵𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘢𝘴 𝘢𝘯 𝘰𝘱𝘦𝘯 𝘴𝘵𝘢𝘯𝘥𝘢𝘳𝘥.

… 𝘈𝘴 𝘱𝘢𝘳𝘵 𝘰𝘧 𝘵𝘩𝘢𝘵, 𝘐𝘯𝘵𝘦𝘳𝘭𝘦𝘥𝘨𝘦𝘳 𝘤𝘰𝘶𝘭𝘥 𝘴𝘵𝘢𝘳𝘵 𝘵𝘰 𝘣𝘦 𝘶𝘴𝘦𝘥 𝘧𝘰𝘳 𝘰𝘵𝘩𝘦𝘳 𝘶𝘴𝘦 𝘤𝘢𝘴𝘦𝘴. 𝘛𝘩𝘦 𝘴𝘢𝘮𝘦 𝘵𝘩𝘪𝘯𝘨 𝘵𝘩𝘢𝘵 𝘐 𝘮𝘦𝘯𝘵𝘪𝘰𝘯𝘦𝘥 𝘦𝘢𝘳𝘭𝘪𝘦𝘳: 𝘠𝘰𝘶 𝘞𝘢𝘯𝘵 𝘵𝘰 𝘴𝘵𝘢𝘳𝘵 𝘸𝘪𝘵𝘩 𝘶𝘴𝘦 𝘤𝘢𝘴𝘦𝘴 𝘵𝘩𝘢𝘵 𝘢𝘳𝘦, 𝘴𝘰𝘳𝘵 𝘰𝘧, 𝘯𝘰𝘷𝘦𝘭. 𝘖𝘯𝘤𝘦 𝘺𝘰𝘶 𝘢𝘳𝘦 𝘮𝘰𝘳𝘦 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩𝘦𝘥, 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘪𝘴 𝘮𝘰𝘳𝘦 𝘸𝘪𝘥𝘦𝘴𝘱𝘳𝘦𝘢𝘥, 𝘪𝘵 𝘴𝘵𝘢𝘳𝘵𝘴 𝘵𝘰 𝘣𝘦 𝘮𝘰𝘳𝘦 𝘷𝘪𝘢𝘣𝘭𝘦 𝘵𝘰 𝘶𝘴𝘦 𝘵𝘩𝘦 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘧𝘰𝘳 𝘴𝘰𝘮𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘮𝘰𝘳𝘦 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩𝘦𝘥 𝘶𝘴𝘦 𝘤𝘢𝘴𝘦𝘴.

𝘍𝘰𝘳 𝘪𝘯𝘴𝘵𝘢𝘯𝘤𝘦, 𝘵𝘩𝘦 𝘐𝘯𝘵𝘦𝘳𝘯𝘦𝘵 𝘴𝘵𝘢𝘳𝘵𝘦𝘥 𝘰𝘶𝘵 𝘣𝘦𝘪𝘯𝘨 𝘶𝘴𝘦𝘥 𝘧𝘰𝘳 𝘵𝘩𝘦𝘴𝘦 𝘯𝘰𝘷𝘦𝘭 𝘶𝘴𝘦 𝘤𝘢𝘴𝘦𝘴: 𝘍𝘪𝘭𝘦 𝘴𝘩𝘢𝘳𝘪𝘯𝘨, 𝘶𝘴𝘦𝘳 𝘨𝘳𝘰𝘶𝘱𝘴. 𝘉𝘶𝘵 𝘵𝘩𝘦𝘯, 𝘦𝘷𝘦𝘯𝘵𝘶𝘢𝘭𝘭𝘺, 𝘺𝘰𝘶 𝘴𝘵𝘢𝘳𝘵 𝘮𝘢𝘬𝘪𝘯𝘨 𝘱𝘩𝘰𝘯𝘦 𝘤𝘢𝘭𝘭𝘴 𝘰𝘷𝘦𝘳 𝘪𝘵, 𝘭𝘪𝘬𝘦 𝘸𝘦 𝘢𝘳𝘦 𝘥𝘰𝘪𝘯𝘨 𝘳𝘪𝘨𝘩𝘵 𝘯𝘰𝘸. 𝘌𝘷𝘦𝘯 𝘵𝘩𝘰𝘶𝘨𝘩 𝘵𝘩𝘦 𝘐𝘯𝘵𝘦𝘳𝘯𝘦𝘵 𝘪𝘴 𝘮𝘢𝘺𝘣𝘦 𝘯𝘰𝘵 𝘵𝘩𝘦 𝘣𝘦𝘴𝘵 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘧𝘰𝘳 𝘱𝘩𝘰𝘯𝘦 𝘤𝘢𝘭𝘭𝘴. 𝘉𝘶𝘵 𝘪𝘵’𝘴 𝘣𝘦𝘤𝘰𝘮𝘦 𝘴𝘰 𝘶𝘣𝘪𝘲𝘶𝘪𝘵𝘰𝘶𝘴 𝘵𝘩𝘢𝘵 𝘪𝘵 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘮𝘢𝘬𝘦𝘴 𝘴𝘦𝘯𝘴𝘦. 𝘐 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘵𝘩𝘪𝘯𝘨 𝘸𝘪𝘭𝘭 𝘩𝘢𝘱𝘱𝘦𝘯 𝘸𝘪𝘵𝘩 𝘐𝘯𝘵𝘦𝘳𝘭𝘦𝘥𝘨𝘦𝘳.’

Question / Comment (Scott Hawksworth): ‘𝘞𝘩𝘢𝘵’𝘴 𝘵𝘩𝘦 𝘣𝘦𝘴𝘵 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘢𝘥𝘷𝘪𝘤𝘦 𝘺𝘰𝘶’𝘷𝘦 𝘦𝘷𝘦𝘳 𝘳𝘦𝘤𝘦𝘪𝘷𝘦𝘥, 𝘢𝘯𝘥 𝘧𝘳𝘰𝘮 𝘸𝘩𝘰𝘮?’

Answer (Stefan Thomas): ‘𝘛𝘩𝘢𝘵’𝘴 𝘢𝘯 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘪𝘯𝘨 𝘰𝘯𝘦. 𝘐 𝘵𝘩𝘪𝘯𝘬, 𝘱𝘳𝘰𝘣𝘢𝘣𝘭𝘺 𝘵𝘩𝘦 𝘣𝘪𝘨𝘨𝘦𝘴𝘵 𝘵𝘩𝘪𝘯𝘨, 𝘫𝘶𝘴𝘵 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘪𝘵 𝘴𝘦𝘦𝘮𝘴 𝘭𝘪𝘬𝘦 𝘴𝘶𝘤𝘩 𝘢 𝘴𝘮𝘢𝘭𝘭 𝘱𝘦𝘳𝘤𝘦𝘯𝘵𝘢𝘨𝘦 – 𝘭𝘪𝘬𝘦 10% 𝘰𝘧 𝘱𝘦𝘰𝘱𝘭𝘦 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘧𝘰𝘭𝘭𝘰𝘸 𝘪𝘵, 𝘪𝘴 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘮𝘺 𝘋𝘢𝘥 – 𝘮𝘰𝘳𝘦 𝘭𝘦𝘢𝘥𝘪𝘯𝘨 𝘣𝘺 𝘦𝘹𝘢𝘮𝘱𝘭𝘦, 𝘣𝘶𝘵 𝘩𝘦 𝘱𝘳𝘰𝘣𝘢𝘣𝘭𝘺 𝘵𝘢𝘭𝘬𝘦𝘥 𝘢𝘣𝘰𝘶𝘵 𝘪𝘵 𝘰𝘯𝘤𝘦 𝘰𝘳 𝘵𝘸𝘪𝘤𝘦 – 𝘪𝘴 𝘵𝘩𝘪𝘴 𝘪𝘥𝘦𝘢 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘵𝘩𝘪𝘯𝘬 𝘭𝘰𝘯𝘨-𝘵𝘦𝘳𝘮. 𝘈𝘯𝘥 𝘺𝘰𝘶 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘵𝘩𝘪𝘯𝘬 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘳𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱, 𝘯𝘰𝘵 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘥𝘦𝘢𝘭 …

… 𝘐’𝘷𝘦 𝘢𝘭𝘸𝘢𝘺𝘴 𝘨𝘰𝘯𝘦 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘵𝘩𝘦 𝘳𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱 𝘳𝘢𝘵𝘩𝘦𝘳 𝘵𝘩𝘢𝘯 𝘵𝘩𝘦 𝘴𝘩𝘰𝘳𝘵-𝘵𝘦𝘳𝘮 𝘱𝘢𝘺-𝘰𝘧𝘧. 𝘈𝘯𝘥 𝘵𝘩𝘢𝘵’𝘴 𝘢𝘭𝘸𝘢𝘺𝘴 𝘱𝘢𝘪𝘥 𝘰𝘧𝘧 𝘭𝘰𝘯𝘨-𝘵𝘦𝘳𝘮. 𝘈𝘭𝘸𝘢𝘺𝘴 𝘩𝘢𝘷𝘦 𝘧𝘢𝘪𝘵𝘩 𝘵𝘩𝘢𝘵, 𝘣𝘺 𝘥𝘰𝘪𝘯𝘨 𝘵𝘩𝘦 𝘳𝘪𝘨𝘩𝘵 𝘵𝘩𝘪𝘯𝘨, 𝘪𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘣𝘢𝘤𝘬 𝘪𝘯 𝘢 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘸𝘢𝘺.’

In addition to the quoted topics, Scott Hawksworth also covers Stefan Thomas’s advice for those new to the space, and also a little bit about the regulatory landscape and outlook.

The interview covered a lot more than what’s contained in my excerpts, and ran for over thirty minutes; I’d say it’s one of the most important interviews for those independently researching XRP and its ecosystem, as Stefan Thomas may have a unique perspective and insight into the future of payments that many other industry stakeholders lack; it’s definitely worth watching for those in the XRP Community, and for those who are interested in Coil or web monetization.

My Coil Recommendations

Every once in a while, I come across a new artist on Coil that catches my eye – either from a link to a YouTube video, or a blog about a fascinating topic where I can’t seem to turn away for the time it takes to read.

One of those was a new musician that posted a famous cover, ‘Learning to Fly,’ on June 24th:

Learning to Fly cover

It’s not the only cover by Thomas Gardner; to see what other songs he’s posted on Coil, here is his channel:

https://coil.com/u/thomasgardnerjr

XRP News

One early entrant in the business of providing standardized access and smart contract hosting via the XRP Ledger and Codius is a site known collectively as ‘Solstice.’ It’s run by an XRP Community Developer that otherwise goes by the Twitter avatar ‘Reverend Ripple:’

Solstice tweet from Reverend Ripple

To keep up to date on Solstice developments and their projects, make sure to follow both @Reverend_Ripple and @Solstice_Info.

NYC Meetup

If you live in or near New York City, or are thinking of visiting, you may want to check out the plans for a meetup that was tweeted out by @DevNullProd (Twitter avatar) recently:

NYC Meetup tweet by DevNullProd

So far, approximately 30 people have signed up for the event. It’s scheduled to take place on July 16th at ‘Tanner Smith’s’ at 204 W 55th St in Midtown NYC. The invitation states:

“𝘛𝘩𝘪𝘴 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘢𝘯 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘭 𝘴𝘰𝘤𝘪𝘢𝘭 𝘨𝘢𝘵𝘩𝘦𝘳𝘪𝘯𝘨, 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘪𝘯𝘵𝘦𝘯𝘵 𝘵𝘰 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘰𝘶𝘳 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘺 𝘢 𝘤𝘩𝘢𝘯𝘤𝘦 𝘵𝘰 𝘮𝘦𝘦𝘵 𝘦𝘢𝘤𝘩 𝘰𝘵𝘩𝘦𝘳 𝘪𝘯 𝘱𝘦𝘳𝘴𝘰𝘯 𝘢𝘯𝘥 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘵𝘩𝘪𝘯𝘨𝘴 𝘴𝘶𝘤𝘩 𝘢𝘴 𝘵𝘩𝘦 𝘥𝘪𝘳𝘦𝘤𝘵𝘪𝘰𝘯 𝘪𝘯 𝘸𝘩𝘪𝘤𝘩 𝘸𝘦 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘨𝘰, 𝘸𝘩𝘢𝘵 𝘸𝘦 𝘤𝘢𝘯 𝘥𝘰 𝘵𝘰 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘦 𝘢𝘯𝘥 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘵𝘩𝘦 𝘨𝘳𝘦𝘢𝘵𝘦𝘳 𝘨𝘭𝘰𝘣𝘢𝘭 #𝘟𝘙𝘗 𝘮𝘰𝘷𝘦𝘮𝘦𝘯𝘵, 𝘭𝘰𝘨𝘪𝘴𝘵𝘪𝘤𝘴 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘮𝘦𝘦𝘵𝘶𝘱𝘴 𝘢𝘯𝘥 𝘦𝘷𝘦𝘯𝘵𝘴, 𝘦𝘵𝘤.

𝘛𝘩𝘪𝘴 𝘨𝘢𝘵𝘩𝘦𝘳𝘪𝘯𝘨 𝘴𝘵𝘢𝘳𝘵𝘴 𝘢𝘵 7𝘱𝘮 𝘢𝘯𝘥 𝘸𝘪𝘭𝘭 𝘭𝘢𝘴𝘵 𝘢 𝘧𝘦𝘸 𝘩𝘰𝘶𝘳𝘴 …”

Thanks to the leaders at ‘Dev Null Productions‘ for organizing the meetup!

For more information, or to get on the wait-list, here is the link: https://www.meetup.com/NYC-XRP/events/262534928/

Over… and Over Again

XRP Productions has created some incredible video content recently, and on July 8th, the account continued this trend with a new story titled ‘Over… and Over Again:’

tweet from XRP Productions

The story is about the effect that real-time payments can have on ordinary workers from all walks of life.

It’s one of multiple features that XRP Productions has published; if you’re looking for other content to share with a friend or family member, I recommend perusing their YouTube channel when you have a chance: https://www.youtube.com/channel/UC5922Z0W1BJuFqWulbKILbw

DMM

On July 9th, DMM, a Japanese-based crypto exchange, announced that they would be supporting a new XRP – JPY pairing:

DMM Tweet from Crypto Eri

DMM began operations on December 1st, 2017, and supports leveraged trading. The exchange is a major player in Japan, and the addition of XRP was also tied to an XRP promotional campaign.

Thus far, 700,000 downloads of the DMM trading app have taken place, which is a very sizable number of potential customers.

Thanks to @CryptoEri (Twitter and YouTube) for the update about DMM.

Bitpanda Global Exchange

BitpandaGE is opening a new exchange called ‘Bitpanda Global Exchange‘ that will be going live on August 7th of this year.

BitpandaGE, the parent company, has been running a crypto on-ramp for years, and has also supported XRP for much of that time. The company is based in Vienna, Austria, and pursues markets for precious metals as well as crypto.

On July 8th, they formally announced that their new exchange would be supporting a direct fiat Euro – XRP pairing at launch:

Tweet from BitpandaGE about their new exchange

The exchange also plans to use ‘Tether’ (USDT) as a stablecoin, so I expect that additional pairings will be announced subsequently once the platform is up and running. It’s great to have another exchange supporting XRP, and it’s even better that it involves a direct fiat pairing.

The IoV Advances

There is no stopping the innovations that are part of the Internet of Value.

While the creativity and clever development from the businesses involved are key, it’s an overall vision that is guiding the collection of companies involved; and this plan can be seen and felt from the specific steps taken by Ripple’s Xpring Initiative.

To keep up to date on all of the important developments in the IoV, and learn about their impact on the best digital asset for payments, subscribe to my blog on Coil. And please support others in the XRP Community as well!
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Sources and Credits:
Cover Art: Thank you to Adeolu Eletu

Agustin Sanchez