xrp-productions

Calm down, folks. It's called s-a-t-i-r-e.

In an earth-shaking announcement Monday, officials at the National Oceanic and Atmospheric Administration (NOAA) have confirmed unequivocally that the cataclysmic threats of global warming have now been fully extinguished by the digital asset XRP.

“The ice is growing back,” said Dr. Neil Jacobs, Assistant Secretary of Commerce for Environmental Observation and Prediction. “And it seems we owe it all to XRP, the greatest digital asset ever created.”

Becoming aware of XRP’s amazing abilities in late 2017, NOAA officials decided to start deploying massive amounts of it to the polar ice caps beginning in early 2018.

“We’d heard of the wonders of XRP and the XRP Ledger,” said Dr. Jacobs. “Its speed, scalability, low-fees, and features. It seemed there was nothing XRP couldn’t do. So, we decided to think outside the box and begin applying it to the problems we were facing.”

Within months of sending the asset to the poles, as well as dispatching packets of it deep into the earth’s atmosphere, NOAA began to see “marked improvements in carbon levels and drastically-slowed ice melt.”

No one was more surprised than Ripple, the San Francisco-based blockchain payments company who holds the largest amount of XRP and whose main goal is to position XRP as a global settlement asset.

“We knew XRP was amazing, obviously,” said Ripple CEO Brad

Garlinghouse. “It is the fastest, most energy-efficient, most decentralized of all digital assets. But we have mainly been focused on using it as a bridge-currency to settle cross-border payments.”

Garlinghouse said the XRP Ledger’s extremely low energy consumption was always bound to help the environment, but that Ripple officials had “no idea” it could be sent directly to help cure the planet’s ailments.

“This opens the door to countless new possibilities,” said Ethan Beard, head of Ripple’s xPring (pronounced ‘Spring’) initiative which invests in companies and ideas that expand the XRP ecosystem. “It’s not just payments and micropayments anymore. We’re now looking into using XRP to improve all aspects of human existence. Artificial sweetener? Anti-inflammatory? Stain remover? Why not… let’s put it to the test!”

Indeed, other industries are taking notice of NOAA’s usage of XRP and are beginning their own studies. Johns Hopkins Medical Center has recently started infusing XRP into medicinal treatments for cancer-ridden laboratory mice and results are “thus-far quite promising.”

“I may be going out on a limb here,” said Paul Rothman, CEO of Johns Hopkins Medicine, “but with these preliminary results, I don’t see any reason why XRP couldn’t both become the primary global settlement asset and also end cancer within 3-5 years.”

Read more...

VATICAN CITY—Addressing thousands of tightly-packed, devout onlookers in St. Peter’s Square Sunday, His Holiness Pope Francis extended a firm but gentle thumb from his pristine white garment while revealing the soon-to-be-released ICO for the Vatican’s first cryptocurrency offering, ‘SoulCoin’.

The coin, described by Vatican officials as a “scalable, high-availability and high-throughput” protocol, will offer users an opportunity to interact with the church in a “modern way that has never before been possible.”

“Imagine,” said Cardinal Angelo Becciu, “instead of a collection plate, a QR code is passed around the pews while the people scan their offerings with their smartphones. Imagine instead of being tasked with Hail Mary’s at the end of confession you could settle-up instantly with a screen-swipe. This is just a small glimpse of the miraculous future with SoulCoin.”

Cardinal Becciu added that other use-cases were presently being discussed and prayed upon by The Vatican, one possibility being the exciting but controversial re-emergence of indulgences, this time in a digital, blockchain-based form.

The news release of the coin sparked a wildfire of attention and comments on social media, with many fervently calling for the date of the ICO presale.

“Soon, my children,” said His Holiness on his official Twitter account. “We will announce the date of the announcement soon. Please Like, Retweet, and Follow!”

Tweeting in an uncharacteristically apologetic fashion Saturday, cryptocurrency online news outlet ‘The Block’ retracted its recently released controversial story about dragons destroying all Binance offices in a rain of fire.

The story, defined by many as the culprit for the massive decline in the crypto market over the past two days, detailed “dozens of winged beasts descending from the skies” which unleashed “a deluge of flames and hellfire” upon the offices of the largest cryptocurrency exchange in the world.

“We will address our usage of the language ‘dragon attack’,” said The Block’s news director Frank Chaparro after multiple sources confirmed the story was completely inaccurate.

With most cryptocurrencies, including Binance, losing over 20% of their value in the debacle, many in the industry are not so quick to forgive the journalists at The Block.

“We will be suing them,” said Binance CEO Changpeng Zhao.

WASHINGTON—After a night of reported imbibing at a special donor event Wednesday, President Donald Trump dispatched a flurry of tweets revealing plans to “level the goddamned playing feld [sic]” by U.S. adoption of the digital asset XRP.

“He was obviously a bit intoxicated,” said Press Secretary Stephanie Grisham, saying that Trump thought he was actually sending private texts to recently-appointed European Central Bank (ECB) Chairman Christine Lagarde. “The White House has no official comment concerning any digital assets.”

The tweets have since been deleted.

The first of the posts, in which Trump greets “Chrissy ‘Legs’garde”, appears to confirm Grisham's statement that Trump was under the impression he was sending a personal message to Lagarde. Both Lagarde and the ECB have declined to comment.

The subject of the odd tweets, XRP, is an open source, decentralized digital asset touted by many as the fastest, safest and cheapest way to transfer value globally. Ripple, the San Francisco-based blockchain payments company that is championing its usage as a global settlement asset has ties to Lagarde as well as hundreds of banks and financial institutions across the world.

Ripple’s groundbreaking worldwide payments network allows banks and FIs the ability to access “On-Demand Liquidity” through XRP, doing away with cumbersome Nostro/Vostro arrangements and reducing settlement time down from days to minutes.

Ripple has also declined to comment on the President’s tweets.

The President's final tweet in the trio has many individuals questioning whether Trump and Lagarde use code words with each other in personal messages.

“Trump could be referring to his burning desire to sink his teeth into the soft flesh of the global financial system,” said Thomas Jorgenson of the Institute for Global Financial Research. “Or, he... well... he might just want some pancakes.”

Read more...

BRUSSELS—Addressing an audience of hundreds of reporters and financial-institution professionals Monday, newly-appointed SWIFT CEO Javier Perez-Tasso touted a recent study which states that individuals and businesses “thoroughly enjoy waiting long periods of time” to receive funds.

“We now have confirmation,” said Perez-Tasso, “of what SWIFT has been suspecting for years. People don’t want fast payments. They prefer to wait. Indeed, the longer the better.”

The study, commissioned by SWIFT and performed by the Very Accurate Scientific Study Organization (VASSO), reportedly surveyed hundreds of consumers, banks, and businesses, also finding that people “generally favor random, lost financial transactions” and that banks have a “positive reaction” toward “occasional breaches in security.”

“It all makes sense when you think about it,” continued Perez-Tasso. “Variety is the spice of life, after all. Payments that are always fast, accurate, and secure are also very boring, right? And can you imagine if you knew what your fees would be before you sent the payments? Horrible!”

The study’s findings contrast sharply against the views of certain other financial industry professionals and ‘FinTech’ firms such as Ripple, a blockchain-based payments company whose stated main goal is to provide a modern payments network that can “instantly move money to all corners of the world.”

“Our opinion is pretty straight-forward,” said Brad Garlinghouse, CEO of Ripple. “Payments should be fast, interoperable, safe, and cheap. Ripplenet makes this possible. And when utilizing our ‘On-Demand Liquidity’ product with the digital asset XRP, banks and FIs can free up trillions in trapped capital and settle their payments instantly.”

When asked by a member of the press if he thought banks and consumers would eventually warm to the idea of instant payments, instant settlement, and freeing up trillions in capital, Perez-Tasso burst out with laughter for two full minutes while wiping his forehead with a handkerchief.

“Next question,” he said.

Piquing the interest of their nearly 1 million followers, blockchain payments company Ripple announced in a tweet Saturday that their Chief Technology Officer David Schwartz would soon be “down for maintenance” for approximately two days.

The maintenance will reportedly begin Monday, with Ripple hoping to see Schwartz’s functionality fully return late Tuesday night. Though Ripple states the maintenance is “routine,” many holders of XRP (the digital asset that Ripple uses in their on-demand liquidity products) are anticipating significant upgrades.

“I think they'll give him XRP wallet capabilities,” said a member of the XRP online community on Discord. “Wouldn’t that be great to be able to hold your XRP directly on David’s processor?”

“They’re finally connecting him directly to the XRP Ledger,” said another commenter on Reddit. “No doubt. We’ve actually been expecting this for years.”

Though expectations are high, the community has experienced dashed hopes on previous maintenance upgrades, the last of which occurred in March.

“They boosted his FUD-fighting algorithm,” said one disappointed community member, “and also reduced the amount of sleep he required. That was okay, I guess, but I want something bigger! I want something that’s gonna take us to the moon!”

Broadcasting via internet from an undisclosed tinfoil-walled location, the oft-controversial cyber-security mogul John McAfee announced Friday that he has proactively made good on a 2017 promise by dining on his own phallus.

“It’s a done deal,” said McAfee, “and it was actually pretty tasty.”

The odd move comes nearly two years after McAfee tweeted a proclamation predicting that the price of the cryptocurrency Bitcoin, of which McAfee is an avid proponent, would be valued at a “guaranteed one million dollars” by the end of 2020. In a recent interview, he confidently doubled that amount to a staggering two million dollars.

“Yup, not sure what I was thinking on that one,” continued McAfee in his live stream, “Who knows? Maybe it will be. But, I mean, what are the chances, right? Two million dollars? Ha! I must have been a little drunk, lol.”

Admitting that the ominous task lingered “like a sword of Damocles,” McAfee had decided it was “time to take the matter into my own hands, so-to-speak.”

He reported that the phallus was sautéed and served with a demi-glace and accompanied by a bold, earthy Bordeaux.

WASHINGTON—In an effort to quell the raging storm of businesses and individuals pleading with U.S. legislators for regulatory clarity, Congress announced Wednesday that it would soon be rolling out a “bold, 50-year fast-track” to cryptocurrency regulation.

“It is crystal clear,” said Rep. Maxine Waters (D-Calif), “that the people demand our guidance on this new technology. We’re putting this on the front burner.”

The plan, spearheaded by Waters and Rep. Bill Huizenga (R-Mich), lays out a detailed five-decade path to answering burning questions that entrepreneurs say are massively hindering domestic business growth in the rapidly expanding arena of digital assets.

“We will not stand in the way of meaningful innovation,” said Huizenga, “but we must also be responsible. We hope to see the full breadth of the issue after a short two decades of observation. Then, barring any unforeseen circumstances, we can think about beginning to discuss how to properly move forward in the thirty years to follow.”

Though five decades is generally accepted as prompt action by congressional standards, the effort is not without its critics.

“We applaud Congress for taking action,” said Ryan Zagone, Director of Regulatory Relations for blockchain-based payments company Ripple, “but would remind them that the U.S. needs clarity now, not in 2070. With each day that passes without regulatory certainty, we lose more businesses, tax revenue, and jobs to countries overseas who have that certainty.”

Zagone’s frustrations are mirrored by many U.S. entrepreneurs who wish to adopt digital assets and blockchain technology but are tentative because of unclear guidelines. Aware of this argument, congressional leaders thus far have refused to move any swifter.

“Don’t give me this ‘losing jobs to Asia and Europe’ baloney,” said Rep. Brad Sherman (D-Calif), claiming that 99% of all digital assets exist only to buy black market baby blood. “Half a century to regulate it is generous in my opinion. If I had my way, I’d ban it all! Internet too, dag-nabbit! Tell me one good thing that’s ever come from new technology?”

When asked the time frame for the start of the plan's roll-out, the legislators were unclear, responding that they first must get through a few months of mulling, followed by up to five years of dallying.

“After the dallying stage,” said Huizenga, “Buckle your safety belts, because then the 50-year fast-track is about to fire its engines.”

The Dustpan: An XRP Short Story

SWELL is upon us, and with it comes a bevy of excitement, speculation, predictions, hopes, dreams, etc., etc...

Will there be NEW PARTNERSHIPS? NEW CORRIDORS? REGULATORY CLARITY? BIEBER?!?!?

We've been through this before.

Don't get me wrong, I'm as excited as the next XRP community member to see if there are any news bombs, watch the enthralling panels, and finally get some on-location content from the various YouTubers that Ripple has invited. I will surely tune in with fervor.

But prepare yourself—yes, indeed REMIND yourself—that for whatever reason news DOES NOT seem to equal price reaction.

Ahhh, 2017.... I remember you well. You were the year in which I learned of the digital asset XRP and the astounding company that was helping to champion its use-case. I had soaked up every bit of information I could with a passion that seemed to never reach satiety. XRPChat was my hangout of choice and I was ravenous. Under my moniker at the time, XRPeteSampras, I had begun to notice something very strange: this exciting new market was completely IRRATIONAL!

Pumps came out of nowhere for dozens of different ridiculous alt-coins. Ripple, the company whose ultimate focus was to position XRP as a global settlement tool, would make ASTOUNDING real-world deals with BIG players and the market would react, “meh.”

To pour salt in the wound, other crypto firms would announce something like the changing of their logo and prices would BOOOOM!!! Yes, something was not right, and it caused us a ton of frustration:

My post above caused me to think, “Exactly what monumental news would we have to get to actually get some damned price movement?”

Was I bitter? Damn straight! A lot of us were. And I pretty much came to the conclusion that something was DEFINITELY wrong. Something was rigged. In the midst of my sulking, I made this post that some people were upset about:

To clarify: This was not to make fun of Jesus, Christianity, or religion. This was to say, “It doesn't seem to matter what miraculous thing happens for Ripple on the US or world stage. The price of XRP will not correlate.”

So, for any of you who entered the game in 2019 or 2018 and who have had these same thoughts... I feel your pain. We all do. Some of us have had these pains longer than others.

But then why am I still here? Because no matter how stinky the rotten-fish smell of this inane market, I STRONGLY hold that logic, reason, and utility will win in the end. IT HAS TO, when you really think about it.

The more problems something solves, the more it will be used. The more it is used, the more it will be valued.

Here is another post that I made shortly after the previous two:

It's painful for many of us to hear, because we want to see gains NOW, but... give it time. Trust in sound logic and reason.

And remember... even before the tidal wave of real utility kicks in, you never know what the circus of speculation can bring to town at any moment.

Coil subscribers get to see what happened just a few weeks later...

Read more...