> PayPal Appoints Rodney C. Adkins to its Board of Directors
>Mr. Adkins will serve on PayPal's Audit, Risk and Compliance Committee. His appointment was effective September 26, 2017.
>he spent more than 30 years at International Business Machines Corporation (IBM), where he most recently served as Senior Vice President, Corporate Strategy, leading continuous transformation projects, developing new strategic growth opportunities, and expansion in Africa.
Buy XLM/STR NOW or be poor for the rest of your life. It's your call.
This is pretty fucking big news. The first dude, Ismail, Ahmed, worked United Nations Remittance Programme, helping African money transfer companies comply with tough anti-money laundering rules introduced after the 9/11 attacks.
If you look at Rodney Adkins bio, when he was at IBM, he most recently served as Senior Vice President, Corporate Strategy, leading continuous transformation projects, developing new strategic growth opportunities, and expansion in Africa.
Putting two and two together, all of these groups, IBM, Stellar, Paypal, and even this Earthport group which works on remittances, and was at one pointed partnered with Ripple, I would argue they are making a play at remittances between African countries. This is fucking huge as alternative forms of currency are looking to be big across Africa as there isn't a great continent wide infrastructure for finance.
Easton Diaz
First one who gets it.
Elijah Diaz
very interesting, thanks
Colton Stewart
So if we buy lumens now, we can literally be KANGZ, and sell the niggers our bags?
Kevin Reyes
too bad there isnt much need for remittance when you have a billion people who live in mud huts, eat bugs and will die of hiv by age 30 unless bill gates air drops them free gibs so they can pump out 10 more little niggers
African expatriots alone send $35.2 billion back to Africa. This doesn't include cross border currency exchanges. This is basically along the lines of Facebooks ballon powered wifi they send to Africa to provide internet to places with little infrastructure. Except this is for thew whole fucking continent, and it's finance, not so Africans can join in on jacking it to tranny prnstars.
Eli Evans
>dropping harder and lower since OP made his first thread at 560 sats >makes a new one to pretend he's not a dumbass who bought the top kek
Nathaniel Nguyen
...
Colton Anderson
flip phones and SMS
Dylan Clark
They might want to compete against PayPal, look at this news article from Feb 2017:
> IBM (IBM) announced in February 2017 that it was teaming up with Visa (V) to enable people to pay for goods and services through virtually any connected device.
> IBM is leveraging its Watson technology to enable payments through objects that people interact with in their everyday lives.
people are ignoring this because they all think africa is mud huts but they haven't been to civilized places (hint hint south africa is full of fucking whiteys )
Isaac Moore
The reason Africa is big is because population growth is going to be huge.
Facebook is trying to solve the problem of internet-lite on 2g networks. Most of Africa has access to mobile phones, and they need ways to transfer money. Yeah sure they don't use money with the same mindset we do, but they need it to send to family and right now they're copping massive fees to send hard currency via Western Union. Anything in the Africa space should be paid attention to.
John Davis
Jesus stop making these shit threads man take off your tinfoil hat. This is going to dump worse than Cripple conference.
Nathan Fisher
they are fucking right and u know it
Jack Cooper
David Kenny is connected to Dan Schulman through them meeting at Viva 2017. They were both speakers and the event. David is GM for IBM Watson and Dan is Paypal's current CEO. Just dig around on their linkedin and you can find exactly who they are in bed with.
Eli Williams
>Mudslime CEO dropped
Hunter Parker
Stellar was co-founded by Jed McCaleb, the same person that started Ripple in 2011.
The Stellar Foundation, being nonprofit, will, however, only retain 5% of all Stellar network tokens (Lumens), to support their operation costs. This makes Lumens much more distributed. While Ripple is accused of being a centralized blockchain network, Stellar is much more community driven and a decentralized network.
Ripple holds most of XRP. I have a feeling that this coin will crush cripple in the longer run. Don't forget that IBM also Watson which they tout is extremely useful for decision making. Godlike AI and easy payment access API across IOT is unlike anything we've seen from the competition.
