XRP=1cent

"If banks see Ripple as a threat to their existing business model, not only would they simply use their own digital tokens to cut costs, but they can simply lobby governments to do their bidding. The debtors are always at the mercy of their creditors after all — something everybody found out during the 2008 financial crisis.

So even though global networks like SWIFT may be technologically inferior to RippleNet, for example, the XRP token would simply not be needed because supranational institutions and governments certainly will —and some already are — issue their own tokens to maintain full control over their monetary systems."

LINK will surpass

This wasn’t Forbes doing the studyX. It was Satis, which advises institutional investors on crypto, The report is super bullish on XMR (predicting $18k in 5 years from $114 now), even moreso than BTC. They also love LEND and another lending coin. They are lukewarm on ETH and most platform blockchains and hate almost everything else. They specifically point out that XRP is a scamcoin with no real usecase. It actually has some thorough methodology and is worth looking at if you’re serious about crypto.

The Ripple Network exchange trades USD, Euro, Japanese Yen and the Chinese Yuan.
There is no mention of the British Sterling.
This is 4/5 of the SDR currencies.
The SDR is what the IMF uses for national bailouts- think of Greece.
If XRP replaces the SDR, each coin would be worth more than $300 easily.

>They specifically point out that XRP is a scamcoin with no real usecase.
That’s not true though

The author clearly holds coins which are threatened by XRP. It’s nothing more than a FUD article

Clearly they are getting worried XRP is going to eclipse ETH and BTC with xRapid going into production Q4

This. I was also under the impression that several banks have entered into partnership with ripple and will begin using xrapid by eoty. On another note how come Coinbase has not listed it?

unironically xrp has the most partnerships with established banks ready to use their tech

So why do so many people hate xrp

Alot of people got burned buying high so they bash it now, also they dont like the fact its helping the banks, i bought in recently(~30c) after doing some research and realizing its actually solid.

It represents the opposite principles of what block chain+crypocurrency stood for.

Because the token is useless and won't be used by those banks.

Security coin that will never get on coinbase or hedgefunds. They all won't touch it.

Xrp isn’t a security. It’s not centralized

Well 0 exchanges under NY financial licenses are selling it. Infer what you will.

Basically what he is predicting here is BTC will be adopted as the standard and all the currency alts will finally die, which is probably true at some point.

It shouldn't be part of the protocol. XRP ostensibly exists as an anti-spam measure, but there are much better ways to prevent spam. It's clearly tacked on has been controversial.

But it is part of the protocol, which makes it necessary if you want to use Ripple. Banks will need to have some. Not very much, but some.