Tag: Mt.Gox

The Ripple Mafia story comes to life: Ladies & Gentlemen, welcome to this discussion about Ripple Mafia. One of our partners just submitted a wonderful, elaborate piece about RIPPLE. We won't say much about it. Just make sure to grab your favorite beverage, sit down, and let this extensive piece of research sink in. Please enjoy the write-up, "The Ripple Mafia." Also, look at the EXPLOSION of interest for XRP as the next-gen coin! Or how about that? Cypherpunks have been calling for decentralized and anonymous financial transactions since 1993. And finally… David Chaum wrote a paper on anonymous electronic money all the way back in 1982. So, when it comes to the world of cryptocurrencies, there’s a lot going on in the background that most of us are unaware of. Many conversations are had, and decisions are made behind the curtain by influential individuals and organizations long before the general public is aware. And among all this commotion, one crypto company stands out - Ripple. It is a skillful player in the world of politics, having established strong, widespread relationships with the most powerful decision-makers and thought-leaders. This is surely to be a key pillar of Ripple’s success. Oh, and what if I told you that Ripple was older than Bitcoin? The Ripple Mafia story comes to life:Ripple Mafia: The CompanyRipple Mafia - But how did everything begin?The PayPal MafiaRipple’s Top Management & Third-Party RelationshipsRipple & The Bilderberg Group: The ConnectionThe CME & Digital Currency Group: The Surprising TiesThe SEC RulingBanks and other Partners Ripple Mafia: The Company Logo of RIPPLE Today, we’ll talk about some interesting connections between Ripple and numerous influential individuals, including Bill Clinton, Donald Trump, and Peter Thiel, as well as powerful organizations, including the IMF, Google, and the US Federal Reserve. Ripple’s primary vision is to enable the world to move money as fast as information. With over 300 employees and offices in the USA, UK, Australia, Singapore, India, Luxembourg, Japan, and Dubai, Ripple provides services to over 100 corporate clients. Their products - xCurrent, xVia, xRapid - are gaining traction and are being incorporated by huge names like Temenos. Even more… Chris Larsen, the Executive Chairman of Ripple, believes that XRP could even help prevent the next financial crisis by releasing the tied-up capital. OpenCoin Logo Ripple Mafia - But how did everything begin? Ryan Fugger started developing Ripple in 2004. In 2012, it was turned into OpenCoin Inc. by Jed McCaleb, Arthur Britto, David Schwartz, and Chris Larsen. A year later, the company was backed by some of the best-known venture funds in Silicon Valley. They include Google Ventures, Peter Thiel, co-founder of PayPal, and Andreessen Horowitz, the company that sold Skype to Microsoft for a whopping $8.5 billion. The PayPal Mafia Speaking of Peter Thiel, let’s talk about the PayPal Mafia. Elon Musk, Peter Thiel, Steve Chen, Reid Hoffman, and Russel Simmons all worked together at PayPal. They later sold it to eBay for $1.5 billion, splitting the cash and creating multiple billion-dollar companies of their own. The list is long and includes names like SpaceX, Tesla, YouTube, Yelp, and LinkedIn. Well done, guys! We are seeing a similar pattern in the world of crypto with the creation of Stellar and Tron. Jed McCaleb, the founder of OpenCoin, Mt. Gox, and eDonkey, left Ripple to set up Stellar, which currently has a $5 billion market cap. Later in 2016, Justin Sun left Ripple to create Tron, currently valued at more than $1.5 billion. Who will be the next Elon Musk, and what will be the next YouTube? That we don’t know. What we know pretty well, though, is that Ripple Mafia is building something huge. You’ll see why in a moment. Chris Susan Ken Sperling David Barack Obama, Bill Clinton Ripple’s Top Management & Third-Party Relationships Let’s start by looking at some of their current directors and their relationships with major organizations. Chris Larsen is the Executive Chairman, one of the co-founders of OpenCoin, with an extensive fintech background. As a member of the Fintech High-Level Advisory Group at the IMF and HSBC’s Technology Advisory Board, he ensures that Ripple’s interests are taken into account by global governing bodies. Susan Athey, a senior economic consultant to Microsoft and a board member of Ripple, is another key player. She is responsible for the partnership between Ripple and the Bill & Melinda Gates Foundation. This partnership aims to bank the unbanked in developing countries, where nearly 2 billion people lack bank accounts or access to financial services. Ken Kurson is a person who is closely related to the Trump family. He served as the executive vice president of Jamestown Associates, which runs controversial pro-Republican advertising campaigns in the US, including, of course, for Donald Trump. He almost joined the 45th President’s administration but was halted by sexual harassment allegations. Despite that, he still has close ties to the Trump family and the Ripple Mafia. Gene Sperling was the chief economic advisor to Hillary Clinton during her 2016 presidential campaign and served as the National Economic Council Director and National Economic Advisor under Presidents Clinton and Obama. David Schwartz, Ripple’s lead developer, used to be on the board before he gave his spot to Ken Kurson. David has worked for CNN and the NSA on multiple occasions. These are just some of Ripple’s directors and their cozy relationships with the rich and powerful of our world. If you look closer, even more fascinating details come to light. Ripple Mafia The Bilderberg Group Ripple & The Bilderberg Group: The Connection What is the connection between Ripple and the Bilderberg Group? After all, it’s a forum (established in 1954) for immensely influential individuals and organizations to engage, interact, and share ideas. Senior decision-makers from companies like IBM, Xerox, Nokia, Daimler, Google, and Amazon meet with monarchs, politicians, and academics every year to discuss business opportunities. Ana Botin was invited to the meeting in 2015, on account of being Banco Santander’s chairman; 4 months later, the bank invested in Ripple. Interestingly enough, Susan Athey joined Ripple Mafia shortly after attending the Bilderberg Group meeting in 2013. Peter Thiel, one of the early Ripple investors, and his colleagues are present at almost every Bilderberg Group meeting. Bill Clinton is another member of the group who was also the keynote speaker at this year’s Ripple Swell. Ben Bernanke, the former Federal Reserve chairman who also regularly participates in those meetings, was the keynote speaker at Swell in 2017. Interests of numerous businesses, organizations, and pressure groups are represented in those gatherings. Nonetheless, it seems clear that Ripple’s agenda is being successfully pushed forward. CME-Group-Logo The CME & Digital Currency Group: The Surprising Ties Who else might be connected to Ripple? Well, a better question would be ‘Who is not connected to Ripple?’ The famous CME Group, which offers crypto futures, is an investor in Ripple and has one of its executives, Miguel Vias, on Ripple’s top management. Leo Melamed, CME Group’s Chairman, once said, ‘We’ll tame Bitcoin’. Quite an ambition. Another investor in Ripple is Digital Currency Group. The group has a stake in Coinbase and many other crypto-related services. Speaking of Coinbase, let’s take a look at Ripple’s partnership with the Viamericas Corporation. Its co-founder and CEO, Paul Dwyer, is the board chairman of the Money Services Business Association (MSBA). The MSBA works directly with the Securities and Exchange Commission (SEC). The SEC Ruling If the SEC declares XRP a security, it will be taxed on capital gains whenever it is bought or sold. Such an outcome would diminish XRP’s value proposition. If the SEC states that XRP is not a security, many doors will open, and one of them will lead to a listing on Coinbase. (In 2025, the SEC lost the court case, and XRP is not a security.) Furthermore, Ripple, together with a group of companies, has formed the Securing America’s Internet of Value Coalition. This organization engaged the Klein/Johnson Group, a bipartisan lobbying firm, to raise concerns with the SEC and other government agencies that regulate cryptocurrencies. Ripple Mafia and its influential leaders know really well how to protect their interests, and they are actively doing it. The Ripple Mafia Members Banks and other Partners Overall, Ripple has partnered with more than 100 banks and financial service providers worldwide. These names include, but are not limited to, American Express, MoneyGram, Standard Chartered, UniCredit, BBVA, Santander, and Credit Agricole. The expansion continues. Later this year, Ripple is opening an office in Dubai and partnering with three banks in Saudi Arabia, two in Kuwait, and one in Bahrain. Latin America’s largest banks will soon use Ripple to process payments. One of the biggest banks in Asia, SBI, is a long-term partner and investor in Ripple, with a seat on the board of directors. The integration of Ripple with Temenos, a B2B financial software solution, was another step forward, as it enabled Ripple to access over 500 million consumers and 3,000 financial institutions across more than 150 countries. To wrap it all up, those who we see as visionaries understand well that it’s the business component of their vision that drives adoption. For better or worse, groundbreaking technology goes nowhere without commerce. It was true for the printing press, and it is for cryptocurrencies. And at the core of building a strong commercial base is building strong business relationships. This is something that Ripple Mafia truly excels at. ‘The man who controls the British money supply controls the British Empire, and I control the British money supply’ Like and share to spread the word about Ripple Mafia; join our Telegram crypto signals communities to discuss this further. Peace out! Thank you for reading.

Tag: Mt.Gox

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Tag: Mt.Gox

The Ripple Mafia

Understanding the Mt. Gox Bitcoin Distribution: Spreading the FUD

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