/biz/ - Business & Finance

Best case, unironically probably 5k or 10k. Maybe even more. This isn't schizo it's based on the core idea behind XRP as well as economics. XRP is designed to be a bridge currency between CBDC's. So that means that best case it is "the standard", Ripple has announced they are making private ledgers for central banks. These are the CBDC's. Like XRP/Ripple or not, they have the ODL and DLT patent (which straight-up garuntees XRPL is used), tons of banks backing them, and political support. To make XRP be effective the price needs to be high, each transaction costs 1 drop which is less than a cent, and at a higher price would be like a cent. To send a million dollars would a bank rather do 1mil transactions and pay 1 million cents in fees or 100 transactions and pay 100 cents in fees. This is why XRP will be high. Take the world GPD put it on XRP boom, straight to 1k, take the derivatives market, the housing market, daily transactions at stores, boom bang budda bop 5k or 10k. The world is growing, we are moving more to a world economy. More and more people are becoming consumers, this is a financial institution built to last.

>>26104989
There will come a time when XRP rises from its grave and Kills every single crypto that isn't associated with it. then you will yell at the sky and beg us let us in and we will whisper... NO

>>26052346
Their true place will come.

previous thread: >>25909903

>Obligatory Flare/Spark Tutorial
Flare Network & Spark simply explained https://www.youtube.com/watch?v=-bMGWE6dJiw&t=1s [Embed]
Flare Finance introduction: (2nd airdrop) https://www.youtube.com/watch?v=OA7UN3RboLM&t=193s [Embed]

https://blog.flare.xyz/creating-and-redeeming-fxrp/

>SEC lawsuit
https://www.sec.gov/news/press-release/2020-338
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf

>Staggered Spark token distribution
https://blog.flare.xyz/further-information-on-the-spark-token-distribution/
https://flare.ghost.io/claiming-spark-faq#how-do-i-claim-the-spark-token

>XRP Ledger
https://dex.xrplapps.com/

>Flare Finance source code
https://github.com/flrfinance/

>XRP/Flare Decentralized Finance
https://flr.finance/

>XRP Richlist Stats
https://ledger.exposed/rich-stats

>Past /XSG/ threads:
https://pastebin.com/pZdQbREq

>Insiders threads:
https://pastebin.com/Z39w20qf

>Insider/UHNWI/Mellon threads:
>>/biz/thread/S16595583
>>/biz/thread/S17266853
>>/biz/thread/S17914598
>>/biz/thread/S18102776
>>/biz/thread/S18417446
>>/biz/thread/S19283439
>>/biz/thread/S19919081
>>/biz/thread/S19980410
>>/biz/thread/S20098041
>>/biz/thread/S20429829
>>/biz/thread/S20720991

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>XRP FUD BINGO
fudbingo.com

>Twitters:
https://twitter.com/@JoelKatz
https://twitter.com/@looP_rM311_7211
https://twitter.com/PRX0202 [Mr. Pool archives]

>What wallet do I use?
There is no right answer for this. Mostly personal preference and security vs. convenience.
Hot storage (with Spark support) - XUMM or Exodus.
Cold storage - Ledger/Trezor or Paper/Metal Wallet
Do not use Droplet wallet, it is a scam.