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[microunit]

According to Ripple CEO, there are now ongoing trials and experimental projects in asia countries in using ripple as a next generation payment platform. The company also stated that there will be much more expansion in ripple coming year 2021. Ripple used as a payment method will be much cheaper and much faster

 

[Sojib khan]

According to Ripple CEO, there are now ongoing trials and experimental projects in asia countries in using ripple as a next generation payment platform. The company also stated that there will be much more expansion in ripple coming year 2021. Ripple used as a payment method will be much cheaper and much faster

Its a great news for us because most people from asia love ripple to do transaction.. And if ripple now get accept in company to pay payment to the employees then its a good step made by xrp to gain popularity more..hope it comes true

 

[Josemendez]

This may appear to be a good initiative but the problem is that the continent is not among the continent where crypto currency is waxing stronger and thus it's effect may not be much

 

[Niftyicon]

According to Ripple CEO, there are now ongoing trials and experimental projects in asia countries in using ripple as a next generation payment platform. The company also stated that there will be much more expansion in ripple coming year 2021. Ripple used as a payment method will be much cheaper and much faster

This is really a good thing for Asians considering that ripple is easier and faster when it comes to transaction, also it is one of the coins gaining more popularity presently.

 

[Wisdom01]

But seriously this might influence the price of ripple , i dont like seeing ripple price been low while other coins price are above $1, i just hope ripple is been adopted in more countries

 

[BullyMaguire]

This may appear to be a good initiative but the problem is that the continent is not among the continent where crypto currency is waxing stronger and thus it's effect may not be much

Or i can be a good thing, introducing the use of XRP in countries that's not into Cryptocurrencies yet, Because The price is still low locals might consider using it.

 

[Wisdom01]

Or i can be a good thing, introducing the use of XRP in countries that's not into Cryptocurrencies yet, Because The price is still low locals might consider using it.

I think you are right locals can even consider it due to the transaction fee been low unlike bitcoin, because that's what most usually check ,when considering crypto

 

[Salina]

According to Ripple CEO, there are now ongoing trials and experimental projects in asia countries in using ripple as a next generation payment platform. The company also stated that there will be much more expansion in ripple coming year 2021. Ripple used as a payment method will be much cheaper and much faster

Ripple is also one of progressive Cryptocurrencies. Hopefully it will also successfully use in those fields where only bitcoins and Ethereum are used.

 

[BullyMaguire]

I think you are right locals can even consider it due to the transaction fee been low unlike bitcoin, because that's what most usually check ,when considering crypto

Exactly, if they introduced Bitcoin or ETH first they might reject using it because they need to pay huge transaction fees in order to use it. They might even be skeptical about it because 1 coin is worth a lot.

 

[BullyMaguire]

Plus not to mention.. it will be a pain in the arse to explain the Satoshis and values because it's not a whole coin. Best to introduce xrp first because all of them can afford to own a lot of it.

 

[Wisdom01]

Plus not to mention.. it will be a pain in the arse to explain the Satoshis and values because it's not a whole coin. Best to introduce xrp first because all of them can afford to own a lot of it.

Assuming xrp has same popularity as bitcoin i think many people would have considered using it as payments and transactions , but despite bitcoin huge transaction fee it widely used

 

[BullyMaguire]

Assuming xrp has same popularity as bitcoin i think many people would have considered using it as payments and transactions , but despite bitcoin huge transaction fee it widely used

Xrp can be a start. Yeah Bitcoin is widely use... By investors. Most people who owns Bitcoin sees it as an investment more than a currency itself.. we atleast right now. But we're talking about a currency that's going to be used by the locals here, first they must afford to own it before they can use it. Not everyone can own 1 Bitcoin specially asians.. it's a huge money for us.

 

[Wisdom01]

Xrp can be a start. Yeah Bitcoin is widely use... By investors. Most people who owns Bitcoin sees it as an investment more than a currency itself.. we atleast right now. But we're talking about a currency that's going to be used by the locals here, first they must afford to own it before they can use it. Not everyone can own 1 Bitcoin specially asians.. it's a huge money for us.

If 1 btc is too much to buy you can purchase in denomination like 0.001 btc and others ,and for ripple one of is easily bought due to the price

 

[BullyMaguire]

If 1 btc is too much to buy you can purchase in denomination like 0.001 btc and others ,and for ripple one of is easily bought due to the price

Yeah, that why it's better to introduce them a coin that's easy to buy and use. If we introduce a local to Bitcoin we need to tell them about the huge transaction fees, wouldn't they be turn off then with that?

 

[Mtaleben]

According to Ripple CEO, there are now ongoing trials and experimental projects in asia countries in using ripple as a next generation payment platform. The company also stated that there will be much more expansion in ripple coming year 2021. Ripple used as a payment method will be much cheaper and much faster

that will trigger a tremendous up take of ripple because the more everyone will get engage with ripple transactions the more its value will increase , i hope the assian people will be the first to support this idea .

 

[Wisdom01]

Yeah, that why it's better to introduce them a coin that's easy to buy and use. If we introduce a local to Bitcoin we need to tell them about the huge transaction fees, wouldn't they be turn off then with that?

But when explaining to them is also good to enlighten them on the causes of those high transaction fee so they would know more and tell them about ripple and other transaction fee

 

[Josemendez]

Or i can be a good thing, introducing the use of XRP in countries that's not into Cryptocurrencies yet, Because The price is still low locals might consider using it.

Ofcourse but the government of the country may not likely accept it as it is something that they can not control . I hope that they may consider benefiting from taxation thus allowing the use of the coin

 

[Wisdom01]

The government might not look into the taxation aspect as most of them don't want to consider it since some use it to embezzle public funds

 

[BullyMaguire]

But when explaining to them is also good to enlighten them on the causes of those high transaction fee so they would know more and tell them about ripple and other transaction fee

Yes, you're right. They will need to know about that anyways.

Ofcourse but the government of the country may not likely accept it as it is something that they can not control . I hope that they may consider benefiting from taxation thus allowing the use of the coin

Maybe? But if they're going to get something from accepting cryptos, im sure they will consider it. I hope this succeeded.

 

[bitforex22]

china is strongly against other crypto but other asian countries are showing acceptance , banks in our country have clearly said no , so far it's a mixed response , there are positives but still bitcoin is the best to invest in if you choose crypto