/biz/ - Business & Finance

>>24689162
>volatile
much like gold, once normies are priced out the fluctuation will be nothing but an advanced (in fact THE) money market

>half of it evap
institutional investors would not sell immediately, and if we are realistically considering the extent of use that would and will bring xrp 2k and beyond, banks and every other business must settle business overseas
>'how will they draw in that much business???
flare network coupled with odl, simple as

>blah blah dev make blockchain go vroom
No. Ripple in the space since '12, all patented, oracles, utility chain, the whole shabang. A bank or financial institution couldn't hold a finger to Ripple as a network of solutions, even with a pro dev team working around the clock since they began research on cbdc's (ie 2018)

>JPM
it very much so exists, but like every single corporate bank, if they issue their own coin, we run into the walled garden problem, in which they've got their own little baby cbdc for their camp but not easily to realistically interact with all the other camps. Sure interoperability like QNT could help with moving them around, but why not just tap into this floating bridge above your head called xrpl and move into another camp with ease?
tldr; cbdc's will be huge, each bank will have one, but they will use xrpl to interact with each other (good fences make good neighbors)

>>24689236 anon is right, 4/10