Ripple Token Whats The Point Of It ?
Yesterday they released news that they have won contact with Santander bank for a mobile app powered by the company’s distributed ledger. That can send payments to people across country within a minute between app.
This is great However the app does not use XRP the currency of Ripple.
Please tell Me what is purpose of thsi Currency what is the point of buying it if its not even used in there products
There is something not right and it does not make sense to me
If you have a product you would build the currency into the app so the customer has to use the currency so the own's of the currency see value.
This is not the case with Ripple sound like nonsense to me the hole company
Here is the Story if you want to read it
https://www.coindesk.com/santander-uk-ripple-payment-app/
Let Me know your thoughts and follow and comment Thanks
It is actually the only currency that had lost all its value recently. Most people bought thinking that it will do a repeat of bitcoin and go to 16000$ or 19000$. These people forgot to look at the currency in circulation. They are just too many. Bitcoins scarcity drives the bitcoins price. Here the ripple's abundance will bring the price down. I have seen its chart. The growth of this coin was stagnant since its inception. It didnot increase in price in past 4 years. Now it is in a terrible situation.
Yeah ripple coin has too many out there and the creators hold a lot
I love ripple anyway 👍
The XRP aims to address cross-border payments.
But I think all virtual currencies can be solved.
Yeah it does
Is the ripple technology easier for banks to use?
The bank's currency is also code number, why can't it be like XRP now? Because there are a lot of problems for international Banks to consider, such as money laundering, there is no way to compare with XRP in terms of efficiency.
i like ripple more.....it test to be must............
thanks
Nice
Nice dear good
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Maybe in the future they will make such an opportunity?