Yes, we belong to the 2nd Decade of the modern 21st century right now! There are numerous ways to make payments. Today, the traditional methods of making payments are losing roots and the smartphone technology is taking its place.
People have started to Pay even smaller bills 'like one for coffee' using the smart phones. But, have you ever thought about the blockchain or distributed ledger solution used by your bank and the beneficiary bank? Surely, No !!
Today, various payments systems like new apps for smartphones, new peer-to-peer payment networks, and new blockchain and ledger systems claim to satisfy users needs, in ways similar infact better than legacy systems.
Big question is, Do these methods abide by Payment Laws and do they Provide Consumer Protection :) ? Does the Method by which I make Payment really matter?
Yes, your 'Method of Payment does matter. But, there is something that matters more than the means of initiation. What is it? Am M Missing on Something?
It is the Entity that provides the Payment Service to the Payer and the Payee and the Characterstics of this Payment Service.
- People can easily trust a Payment Service that is associated with the Banks. You need to do great research on non-bank payment services.
- One can easily determine the legal framework behind a payment service associated with the banks.
- People can easily inquire and realize their rights and responsibilities.
This is Why Ripple is so Important!
You can read my last post on Ripple and learn more about it here. https://steemit.com/ripple/@steem-god/ripple-is-the-next-big-thing-in-the-world-of-crypto-and-altcoins
Ripple 90 Days Price Chart:
The price of ripple has risen by about 12 times its price 3 months ago.
- Lowest Price in 3 Months: 905 Satoshis
- Highest Price in 3 Months: 22465 Satoshis
- Price Today: 11230 Satoshis
Hence, even though you have missed the 1st opportunity in making profits/money with Ripple (XRP), There is still a Chance!! Its Price will sooner/later go beyond $5 and only then will you realize of Missing a Huge Opportunity of making some Serious Money !!
Other Insights:
Market Cap of $11,509,519,507.92 ( ฿4,322,916 )is really Huge, isn't it?
Official Page: https://ripple.com/currency/
Facebook Likes: 15574
Twitter Followers: 56172
Reddit Subscribers: 12829
Average Users Online at any point of TIme: 823 i.e. Massive. Right?
I would Love to hear your reaction/opinion on the same. Do upvote/comment/resteem to spread the Love for Crypto.
Feel Free to ask if any Queries :)
Follow Me @steem-god (Reputation Score: 41, Followers: 66) if you Find my Blog interesting :)
Note: I do a Great Research before making any Announcement about the Prices and Future of any Altcoin. Also, I Listen to Everyone, but I Trust Nobody. Listen to my Announcements, Do your Research based on it and Invest Wisely. Success shall be Yours :)
Good posting!
I want to translate this article and share my followers!
Could you tell me you are OK?
thanks!
@mauver .. thank u for your appreciation and considering it worthy enough to be shared among your followers :)
however, i am sorry, i cannot allow you to translate this and publish it at steemit or any other website. I hope you understand it :)
but, i would like to help :) you can rather translate this blog, write translated blog here in a comment and resteem this blog for your followers. else I can translate this blog and publish a new one in your native language, you can simply resteem it for your followers :)
Thanks, I see.
:)
Huge fan of Ripple as well!
Yes, ripple will change the future of existing payment systems .. it is the coin with a mission :) @fatmax
Long live Ripple and mooncoin!!
@therightduke .. what is Mooncoin ??