#USNationalDebt If the Treasury were to take charge of a large part of the XRP deposit, valued at $1000 each, with a total value of $36 trillion... would it pay off the U.S. debt? $9 trillion would be refinanced this year...
And no more annual payments of $1 trillion for debt service… it would allow for very low tax rates… And it would save Social Security and healthcare… But this would be too good to be true… Congress would find a way to ruin it… it would be like watching sharks in a feeding frenzy…
For the government to take XRP and value it at $1k would be a purely fiduciary move. The fiduciary is our currency now. Magic wand?
Utility and operational value are the true foundations for price
$XRP