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RE: Is XRP/Ripple the future? I beleive so, my thoughts....

in #bitcoin7 years ago

it just makes sense. Ripple solves a real world problem which would give it a real use case. and if banks use ripple technology , they save more money on processing fees if they use XRP. that would be 100 billion or more in volume a day, which is why 100$ a coin would be easy. Ripple to the moon friend!

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Yep, we are on the same wawe....

I am not sure if 100USD a coin but if we go to 0.5 to 1USD by the year end and up to 10 in next few years then I am a very happy man:)....

100$ a coin is possible. Imagine the volume if banks used xrp and the volume of investors because this is the first time a cryptocurrency will be used in large financial institutions. Don't look at this as a regular bitcoin type crypto, this crypto will break new barriers by being used by the largest financial insititutions in the world

Well, that would certainly be great but let's talk about that when it happens:)....

Exactly my thoughts. Concerns are 1. Banks don't have to use XRP when using the Ripple network (as far as I know) and 2. They would prefer a stable currency.

Using XRP token by banks is saving them additional tens of percent on each transaction which can equal to billions in savings for the biggest banks on yerly basis.... XRP is a win-win situation for the banks and the consumers....