/biz/ - Business & Finance

>MFW glowies read my broadcast and redirect the XRP market
God-damn you! manipulators.

>>22589656
Frens pls use my code

>>22493238
banks are going to base their solvability upon XRP with Flare as way to unlock the potential, as nearly all payments, loans, mortages etc. will go through smart-contracts.
XRP will be the collateral deposit on a (Flare based) smart-contract
>while still shekeling "Digital" fiats as intrest
XRP is design to revive a broken system, making banks virtually independent from national governments as they don't need to hold USD or Euro anymore for example
Ripple in a way is really decentralized, as the markets will play a role later when implementation is done and ripple has unplugged their validator nodes and only 3rd party entities facilitate nodes (And hold voting rights) to implement assets and functions they desire upon the XRPL OR give private entities, savvy with C++, space to make own -complaint- apps on the XRPL
the XRP that is, just is. nobody can touch that anymore (unless your arthur britto or chris larssen and only to release the escrow from its smart-contract)
in that way XRP is like gold, inmaluable.
>mfw this is spread