https://www.xrp.video/subscribe – My codename is Bear and I’m on a mission to help you conduct independent research on Blockchain Technology, W3C, Interledger, Ripple, AI and what it means for you and the world at large.
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The story of the Chinese Bamboo
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I know it sounds a little out there but hear me out on this one. This is such a great parable. I don’t know if you’ve heard this story about the Chinese Bamboo Tree before now but this is one of those lessons that really sticks with you. The Chinese Bamboo Tree teaches us success lessons on patience, faith, perseverance, growth & development and most surprising of all… human potential!
The Story of The Chinese Bamboo Tree
Like any plant, growth of the Chinese Bamboo Tree requires nurturing – water, fertile soil, sunshine. In its first year, we see no visible signs of activity. In the second year, again, no growth above the soil. The third, the fourth, still nothing. Our patience is tested and we begin to wonder if our efforts (caring, water, etc.) will ever be rewarded.
And finally in the fifth year – behold, a miracle! We experience growth. And what growth it is! The Chinese Bamboo Tree grows 80 feet in just six weeks!
But let’s be serious, does the Chinese Bamboo Tree really grow 90 feet in six weeks? Did the Chinese Bamboo Tree lie dormant for four years only to grow exponentially in the fifth? Or, was the little tree growing underground, developing a root system strong enough to support its potential for outward growth in the fifth year and beyond? The answer is, of course, obvious. Had the tree not developed a strong unseen foundation it could not have sustained its life as it grew.
The same principle is true for people. People, who patiently toil towards worthwhile dreams and goals, building strong character while overcoming adversity and challenge, grow the strong internal foundation to handle success, while those who try to get-rich-quick and lottery winners usually are unable to sustain unearned sudden wealth.
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Ripple’s XRP – Digital Asset
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Ripple positions itself as a complement to, rather than a competitor with, Bitcoin – the site has a page dedicated to Ripple for bitcoin enthusiasts. Ripple is a distributed network, which means transactions occur immediately across the network – and as it is peer to peer – the network is resilient to systemic risk. Ripples aren’t mined – unlike bitcoin and its peers – but each transaction destroys a small amount of XRP, which adds a deflationary measure into the system. There are 100 billion XRP at present.
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Special thanks to the following YouTube Channels:
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@Yahoo! Finance, @Jungle Inc, @Jeff Deluca (The Chinese Bamboo Story), @CBInsights, @BankXRP & @Robert Le
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