Rafael Melo Photographer from Brazil
--
Buy XRP while there is still time, forget these memes.
XRP will be the new global currency, in the near future everything will make sense.
Many will say (man, for XRP to be worth a lot, it has to surpass BTC's market cap).
But what few know is that if XRP replaces the SWIFT system, 500 dollars per unit will be a very pessimistic forecast for this currency.
XRP is a deflationary cryptocurrency, this is because in any XRP transaction, it is automatically burned.
I see XRP as the only currency in the entire crypto market that actually serves any purpose.
Because it offers a basic infrastructure for fast, secure and low-cost payments between people and financial institutions, in addition to enabling interbank transactions.
If American and global banks really adopt this cryptocurrency, there won't be enough for everyone.
Although you can buy and hold XRP in your digital wallet, it was not created for direct use by consumers. It is a token that seeks to provide liquidity for banks and financial agents, functioning as a global settlement network.
More than 100 companies around the world have adopted the system to ensure fast, secure and cheaper transactions. Traditional settlement systems depend on the dollar for intermediation, have high exchange and transfer fees, and are slow.
Ripple was not designed to be a currency, however, there are merchants who accept payment in XRP tokens due to its agility and low cost.
While Bitcoin is a digital currency intended as a means of payment for goods and services, Ripple is a settlement, currency exchange and payment remittance system intended for banks and payment networks.
XRP will be the new global currency, in the near future everything will make sense.
Many will say (man, for XRP to be worth a lot, it has to surpass BTC's market cap).
But what few know is that if XRP replaces the SWIFT system, 500 dollars per unit will be a very pessimistic forecast for this currency.
XRP is a deflationary cryptocurrency, this is because in any XRP transaction, it is automatically burned.
I see XRP as the only currency in the entire crypto market that actually serves any purpose.
Because it offers a basic infrastructure for fast, secure and low-cost payments between people and financial institutions, in addition to enabling interbank transactions.
If American and global banks really adopt this cryptocurrency, there won't be enough for everyone.
Although you can buy and hold XRP in your digital wallet, it was not created for direct use by consumers. It is a token that seeks to provide liquidity for banks and financial agents, functioning as a global settlement network.
More than 100 companies around the world have adopted the system to ensure fast, secure and cheaper transactions. Traditional settlement systems depend on the dollar for intermediation, have high exchange and transfer fees, and are slow.
Ripple was not designed to be a currency, however, there are merchants who accept payment in XRP tokens due to its agility and low cost.
While Bitcoin is a digital currency intended as a means of payment for goods and services, Ripple is a settlement, currency exchange and payment remittance system intended for banks and payment networks.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
181
0