XRP is hailed to be a wonderful product, but several investors are breaking their heads over why it is not widely used and why the price is not getting any better.
Brad Garlinghouse tweeted: “Brrr jokes aside (which are hilarious), we need to take a cold hard look at how many countries are likely on the precipice of extreme inflation. Diversification into other asset classes including crypto could help stabilize markets in the future.”
Ripple XRP per Asheesh Birla are continuing to stay their course in remittances and SME payments. He expressed that more than ever financial institutions need the On-demand liquidity from RippleNet to provide for instant global payments and to meet the market demand. He recollected on how it takes more working capital when it comes to sending cash payments than making digital payments.
Since XRP can be sent instantly it is cost effective and there is no need for an intermediary, therefore doing away with additional costs which add up when sending cash payments. This is indeed a good alternative to pre-funding. With XRP, the greater the liquidity of XRP, the lesser will be the cost and risk.
Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) ODL facilities are bring widely considered by more businesses across the world. It does in a great deal in terms of eliminating pre-funding.”
Some investors expressed that it looks like it is the time for Paypal, Uber, and Amazon to come in. Some think that Ripple is in a prime position of rivaling Visa, Mastercard and the likes.
Previously Brad has been tweeting: “We cannot stop shining a light on the deep-seated racism that the murders of Ahmaud Arbery, Breonna Taylor, George Floyd, and countless others represent.” If you are neutral in situations of injustice, you have chosen the side of the oppressor.” -Desmond Tutu.”
Now, it looks like he is checking into the business pages after lot of social and philanthropic duties.
Ripple (XRP) Global Liquidity
We cannot be sure how many people are going to turn their USD to XRP or Bitcoin, but the monetary system is evolving on the wrong side.
While it is true that XRP does not represent digital gold, it does represent digital speed and cheap fees. And, Ripple does not print XRP like the Fed prints the dollars. XRP is going a lot to ensure global liquidity. Tribalism continues.
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