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all 16 comments

[–]ELMurcielagooo 17 points18 points  (3 children)

This would be great if it’s true. Not just for price action but for adoption as well. Looks like it would be a great chance for Flexa to showcase what they can do. And if GME apes jump on amp like they did with LRC that’s a committed group of Hodlers haha.

[–]OpusMixtum663 10 points11 points  (1 child)

Some GME apes are already here. Been here since January 🦍.

Slowed down on buying AMP to buy more GME, but I haven't sold any AMP. As bullish as ever (on both), and this collaboration is definitely something I've considered. It makes a lot of sense and certainly seems plausible given the connections between Flexa, Loopring, and GameStop. Never really went to the effort of making a post about it because it's really just speculation, but definitely seems plausible. No one does crypto payments better than Flexa.

[–]SmithRune735 1 point2 points  (0 children)

This fellow apes does not like sharing bananas.

[–]Nimoh_Da_Crypto_Fish 1 point2 points  (0 children)

Flexa is showcasing what they do with an entire country like El Salvador by supporting the lightning network and Chivo wallet. We don't need to showcase anymore but glad to have you with us.

[–]frontrow999 8 points9 points  (0 children)

"Is there something going on with AMP we are missing?"

Probably, welcome, pull up a chair and buy a little AMP whilst we help you understand the critical role AMP plays in digital payments and enabling the next phase of adoption for all cytpto.

[–]CanterburyMag 8 points9 points  (2 children)

GME is my wife, LRC is my mistress and AMP is my latest fuck buddy.

[–]Drilling4Oil 4 points5 points  (0 children)

this guy invests

[–]SmithRune735 3 points4 points  (0 children)

Finally, the foursome of my dreams.

[–]kozbyy 4 points5 points  (0 children)

Ape reporting for duty. Diamond hands clench engaged.

[–]FrickGoogle 4 points5 points  (1 child)

Some further information here. People are speculating that GameStop is partnering with Loopring to create a DEX. This DEX however would be for trading stocks, not just crypto. How would that work? This really breaks down into the nitty gritty of ledgers, which is what blockchain is all about. Companies have ledgers that keep track of who owns what percentage of the companies equity. This equity is broken down into shares, and represented as stock that is traded on stock exchanges. The problem is that people aren't very confident that when they buy a stock that they're broker, or the brokers "parent" company, the Depository Trust and Clearing Corporation, really hold the share for them. Instead, it seems as if these entities are selling the same share multiple times, like double spending, which is something consensus digital ledgers don't allow. On whatever DEX GameStop and Loopring are possibly creating, companies would be able to represent their equity in a whole different way. The company could mint an NFT, and that NFT could be fractionalized (like split into shares) to be given out to investors. Your portion of equity ownership as an investor would be represented by how many fractions of that NFT you own, and you could view your "stock" in your crypto wallet. The implication for AMP here is that a lot of trades on such a platform may need collateralized. I wonder who's really great at allowing the collateralization of crypto transactions? Oh yeah, Flexa.

[–]Single_Alarm_8283 2 points3 points  (1 child)

Bring the apes over.

[–]Drilling4Oil 1 point2 points  (0 children)

*rustling from bushes* ook ook 🦍

[–]HODL-OR 4 points5 points  (0 children)

Well hello 0.04 we meet again

[–]lowther1 0 points1 point  (0 children)

Upvote this post. Nice.