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25 Ripple Quotes

25 Ripple Quotes

1. “Banking now is like sending a letter: you send it, you don’t know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know.”

– Chris Larsen

2. “A lot of financial technology is foolhardy. Saying, ‘We’re going to kill banks. We’re going to disrupt everything,’ ignores some realities.”

– Chris Larsen

3.”We don’t think the blockchain can do most of what’s been ascribed to it. But we’re entering the Internet of value – and that is very much underhyped.”

– Chris Larsen

4.”You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.”

– Chris Larsen

5.”Banks can send big corporate payments through existing channels or send a small payment through Ripple. They don’t have to rip out existing infrastructure; they can use Ripple to make the transactions more profitable or more efficient.”

– Chris Larsen

6.”A distributed ledger is basically a shared database that allows institutions to directly send and receive money in a trustworthy fashion without a middleman. As a result, we have the capacity to connect the world’s payment systems for the first time. That’s a big deal.”

– Chris Larsen

7.”Low-value payments are now possible. Now, Ripple can make it easy for Facebook and Uber and Amazon to make payments to developers in real time. It’s online and completely global.”

-Chris Larsen

8.”Countless banks around the world are already testing distributed ledger systems in proof-of-concept trials.”

– Chris Larsen

9.”We saw for a time that digital currencies were radioactive to banks, but that’s not the case anymore.”

– Chris Larsen

10.“The Ripple network is a protocol. It’s like HTTP for money. Users, merchants, anyone can use it for free without a license.”

– Chris Larsen

11.”2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than as an experiment.”

– Chris Larsen

12.”Ripple is redefining the way that value moves around the world, and today we’re already enabling real-time, affordable international settlement between banks who have adopted our solutions.”

– Chris Larsen

13.“Bitcoin solved the double-spend problem. The key problem was payment confirmation without central clearing. Bitcoin’s solution was ingenious but wasteful – it’s fairly slow, and you can’t put other things on it.”

– Chris Larsen

14.“We believe that Ripple will change the way the world thinks about and uses currency through universal access to a trusted, transparent, and easy-to-understand multi-currency financial tool.”

– Chris Larsen

15.“Take the plunge. Don’t hold back. The consequences of failure are usually much smaller than you think. But don’t be afraid to iterate your ideas as you search for that compelling mission for your business.”

– Chris Larsen

16.“Strategic investors – those with more than a simple financial contribution to make – can really add value to a startup, accelerating growth and quickly multiplying the value of the business.”

– Chris Larsen

17.“No-cost loans are pretty popular right now, especially for people with larger loans. The larger your loan the smaller the penalty for no-cost loans.”

– Chris Larsen

18.”With the internet world, we can have people make both sides of the lending market, bringing more transparency and efficiency. It can be both more capitalistically efficient and socially beneficial.”

– Chris Larsen

19.”Until now, financial instituations have controlled who is able to obtain credit and the rates people pay. Over time, this one-sided control has bred inefficiencies and excessive margins– leading to higher rates for borrowers, and restricting people who have money to lend from entering and generating income from this vital and lucrative market. ”

– Chris Larsen

20.”Ripple as a fintech is adapting itself more and more to the bank environment, and trying to help the banks cope with the future requirements of the payments space.”

– Marjan Delatinne

21.”Total $XRP now worth $380 billion makes Ripple labs worth $225 billion.. 10th largest company by market cap in the world.. makes Chris Larsen worth $55 billion tying Mark Zuckerburg as fifth richest man in the world…”

– Michael Novogratz

22.”One frictionless way to send money globally.”

– Ripple Twitter feed

23.”You need banking, but you don’t need banks.”

– Chris Larsen

24.”For me, joining this industry was a belief that there is something, a movement, a fundamental change happening.”

– Brad Garlinghouse

25.”If we’re successful, then that’s transformative. It allows us to put our own little dent in the universe.”

– Brad Garlinghouse