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RE: Why I did NOT buy Ripple, Why I will NOT buy Ripple?
Dude - I've worked most of my life in finance - stockbroking, money broking, commodity trading, futures, options, real estate, plus I've consulted to banks, big and small. I don't need movies to tell me what it's like - though the Big Short is a good one! And Zeitgeist is great - I've used parts of that in front of bankers in the past!
What you need to understand is that banks are not going anywhere anytime soon, and that's because they don't exist for you and me. They exist in order to action government economic policy. You and I are just a bonus... And crypto is not going to bring banking to it's knees, no matter how hard you pray ;-) Banking will incorporate it, over time.
There's no chance that the iPhone is going to get any significant market share.
Steve Ballmer, USA Today, April 30, 2007.
"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us."
Western Union internal memo, 1876
"X-rays will prove to be a hoax." -
Lord Kelvin, President of the Royal Society, 1883
"The world potential market for copying machines is 5000 at most.”
IBM, to the eventual founders of Xerox, saying the photocopier had no market large enough to justify production, 1959
go on.. ;)
//r u using walkman or cd? ;)
I really have no idea what point you're trying to make here... Apart from anything else, none of the above folk would be contributing to Steemit today (as I am), and none would be holding a crypto portfolio for the past three years (as I am).
Oh, and Spotify, if you must know ;-))
:)
