Since I have been following the world of crypto I have been adamant about finding a bigger picture. It can’t simply be meme coins like Doge and Shiba Inu that have no real world use factor. There must be a means of global institutional use or it won’t go farther than a passing fad. Crypto can’t simply be something that was born out of the 2008 economic collapse by an unknown entity using the name Satoshi Nakamoto. I mean, some conspiracy theorists might go here:
"...what it was thought it was going to be" has always been what it was going to be. In the background, Ripple, has been doing business across the world with various Central Banks of scores of countries including the EU, Australia, and many others. In fact, China, which supposedly has outlawed the trading of crypto for its citizens is using the Ripple XRP platform for their international commerce. You can see in the post just a fraction of examples where Ripple is becoming the standard for financial transactions through blockchain technology. If you read through the past few posts I have on crypto you will find the through line that the United States was spending its time figuring out how to "regulate" this decentralized crypto asset. Since scores of countries have been using this trading platform for years now due to its efficiency and cost savings the United States needed to find a way to regulate and capitalize before it became what it was always going to be...on the grand stage. Meaning, the taking over of the global institutional financial transactions of multiple monetary denominations with ease, cost effectiveness, and a decentralized transparent exchange platform. So, what the SEC has done is negotiate with Ripple and other coins to create stablecoin regulations in order to help facilitate the crypto revolution without the collapse of the current capitalistic paradigm. So, the short answer to your question is "yes". Ripple CEO, Brad Garlinghouse, has stated, and I will be going deeper into this in the next few posts, that in order for XRP to work the way it is supposed to and to compete with the SWIFT platform is that the value of XRP must be in the range of $40k-$70K. At this level it will be able to handle over 10% of the entire global capital movement at any given moment. The price increases over time as Ripple and the XRP platform grow to handle more of the global financial transactions. Right now, the XRP platform is handling a very small percentage of global transactions since the United States has been "left out" of the growth process due to the SEC securitization lawsuit against Ripple. The SEC lawsuit settled just a few hours ago. This will drastically change the trajectory of the business and its business model in the very near future. Many expect XRP to reach over $1000 by the middle of 2025. This information is not to be construed as investment advice.
I have owned about 800 “shares” of XRP for about 7 years now…are you saying it will finally be recognized for what it was thought it was going to be?
"...what it was thought it was going to be" has always been what it was going to be. In the background, Ripple, has been doing business across the world with various Central Banks of scores of countries including the EU, Australia, and many others. In fact, China, which supposedly has outlawed the trading of crypto for its citizens is using the Ripple XRP platform for their international commerce. You can see in the post just a fraction of examples where Ripple is becoming the standard for financial transactions through blockchain technology. If you read through the past few posts I have on crypto you will find the through line that the United States was spending its time figuring out how to "regulate" this decentralized crypto asset. Since scores of countries have been using this trading platform for years now due to its efficiency and cost savings the United States needed to find a way to regulate and capitalize before it became what it was always going to be...on the grand stage. Meaning, the taking over of the global institutional financial transactions of multiple monetary denominations with ease, cost effectiveness, and a decentralized transparent exchange platform. So, what the SEC has done is negotiate with Ripple and other coins to create stablecoin regulations in order to help facilitate the crypto revolution without the collapse of the current capitalistic paradigm. So, the short answer to your question is "yes". Ripple CEO, Brad Garlinghouse, has stated, and I will be going deeper into this in the next few posts, that in order for XRP to work the way it is supposed to and to compete with the SWIFT platform is that the value of XRP must be in the range of $40k-$70K. At this level it will be able to handle over 10% of the entire global capital movement at any given moment. The price increases over time as Ripple and the XRP platform grow to handle more of the global financial transactions. Right now, the XRP platform is handling a very small percentage of global transactions since the United States has been "left out" of the growth process due to the SEC securitization lawsuit against Ripple. The SEC lawsuit settled just a few hours ago. This will drastically change the trajectory of the business and its business model in the very near future. Many expect XRP to reach over $1000 by the middle of 2025. This information is not to be construed as investment advice.