Which is super retarded as banks want to guarantee the value of their transfer in fiat. What’s the point in a fast transaction if the price moves a 1-2% within the time for remittance to occur?
Stablecoin on xrapid would work better.
This is all going to end badly.
Xrp army is all Astro turfed by bots.
It's fake
Serious XRP investor here. Jow Forums doesn't know shit about the projects/solutions Ripple has developed. Not interested in explaining it to dense biztards, there's multiple sources that you will find with a simple google search that will educate you about the topic if you really are interested and not just a larping faggot.
the only reasonable argument for xrp is that its fast. other than that its just a pump and dump scheme cause like you said its an utility token and you only need a few xrp o transfer a few hundred million of dollars.
none of the investors really know how xrp is meant to be used. it isn't meant to be used like
says. it wont be banking buying up tokens ant market value to transfer that value that way. that's not how it works.
also, highly centralized (or no ) governance.
the xrp witnesses / nodes is hard coded in the xrp wallet, which isn't technically a wallet but a node to process transactions. thats y you need a minimum of 25 xrp to set up a wallet.
the market capitalisation is cheated and ripple and frens control 60% of the supply, in this case being billions and billions of xrp tokens. way worse than any real chain / mined coin on the market right now.
Ripple is been in coinmarketcap top 5 longer than most of Jow Forums zoomers.
go buy your russian backed hacker coins or 1year old ponzi -tier coins with high hopes and nice discord channels but without working product
ripple is being supressed by price so they can accumulate as much as they can before it cannot be stopped anymore. its like raging bulls leaving the barn or hangover diarrhea bursting out of your ass.
many bizlets and noripplers wil cry when this shit launches to moon. maybe this spring or so.
which is why it isnt going anywhere the only place it is going is down because there are so many other projects to come.
delusional bag holder thats what you are.
ripple company has to bring into circulation atleast !60 billion! coins. You know how huge of an inflation that is? it makes the bitcoin inflation look like a fucking joke. any other decent top 10 coin has better odds. When you look at the market as a whole. XRP is one of the worst investments you can make, the only reason its up so high is because of hype and ripple company giving out millions of xrp to/for "partnerships"
Theres a thousand reasons why xrp sucks.
Cope.
Hahaha.
COPE
ripple aint going nowhere, it has banks and jews behind it. banks have all the money you need.