Many seem very clueless about what XRP actually is.. ..
>> In order to facilitate a currency swap 1 drop is burned per transaction. 1 drop is 1/1000000 of ONE XRP (!!!) ....
WRONG: To facilitate swap of worth X, Y amount of XRP is required on the ledger. Where Y = X + Ripple network fees. So simply put 100 dollar swap requires 100 Dollar worth XRP. XRP is the protocol asset, that "Stands" instead of a counter party. Go educate !
>> Ripple Labs created 100Billion xrp in this way to sustain global finance for decades, if not centuries....
and thank god for that. I would any day trust a registered , regulated and licensed company which can be sued in court for fraud, instead of basement and onion web altcoins. So again - Apt for your name, go trust the mafia and hope word of mouth is never cheated upon. We love civilization.
>> You and me as normal people therefore only need to possess 1 XRP to , for the rest of our lives, have the possibility to make currency swaps with our family/ friends in Australia/ Brazil/ Canada/ Europe etc.... But that is pretty much all we can do with XRP... cheaply convert euro into usd etc etc...
LOL, have any idea what you are blabbering ? because its incoherent. Here : The yearly numbers from pewresearch (
http://www.pewglobal.org/interactives/remittance-map/) and mind you this is only 42% of labor based ( daily hard working international employees ) remittance - sending money back to and fro home.
>> Unless you are a billionaire with family in every economy worldwide you want to send money to on a daily basis, there is not much real world value to owning more than 1-10 XRP.... You just dont need more than that to successfully use the system for years and years...
Wrong, It is investing in 21st century Swift and also holding an instrument that actually does the job. Better then holding apple stocks , google shares etc.. here you are investing in future of great technology that is trying to achieve IOV and also holding the asset responsible.
You know what IOV is ? go read
>> XRP and STR are bridge tools, not currencies.... educate yourself ..
LOL, LMAO - A Platform is a tool ( Example RCL , or private ledgers) , XRP is an "asset" that the tool 'uses' ... what does it do ?
For a start saves banks from having nostro accounts at 100 other banks in many foreign countries and hold foreign reserve in each of these places.
Now, banks can simply worry about being present in rcl, trusting partners and simply holding XRP - The protocol enabling "Asset".
Man ! you went to school ?
>> The only parties that would be interested in buying XRP from you are (central) banks.... But they will have their own stock that will keep them going at least until 2075 or so.... So you can wait for that order the next 50 years....
How about I burst you bubble here again .. ? here we go
Here :
>> I was really surprised to see the insane recent rally on XRP and Stellar but now I see what it was about.
We you know what is liquidity ? you know what is liquid market ? you know structure deficit ?
Because we know why you are here, and your desperateness is strangely satisfying... the more you attack, the more truth comes out, and the stronger ripple gets as people see all the hard work they have done while everyone in crypto world was pretending real work , governments and banks doesn't exist.
LMAO, So Troll , now be enough ashamed and go away - we are not interested !
