**first of all**
This could be wrong! do your own research!
XRP was designed to be a global currency. There are 100B of XRP. In the end, the utility of XRP will come from it's price. it's price will come from the availability. The availability come from regulations, imf and the whole ripple partners, Central banks all over the world. No one will pump the xrp price. It will go up naturelly (when ripple the imf and all the banks will decide)
XRP is the solution for the global debt bubble. It is the solution for inflation (you cant print more than there are. you dont need to burn because you dont print)
One XRP drop is 1 millionth of 1 XRP. at a much higher token value, say $10,000 per XRP, that divisibility makes sense, for two reasons: Low transaction cost and affordability for small retail use.
So why would ripple design 1 xrp drop when price is in the cents? you tell me
for more search Mark Phillips Medium
This could be wrong! do your own research!
XRP was designed to be a global currency. There are 100B of XRP. In the end, the utility of XRP will come from it's price. it's price will come from the availability. The availability come from regulations, imf and the whole ripple partners, Central banks all over the world. No one will pump the xrp price. It will go up naturelly (when ripple the imf and all the banks will decide)
XRP is the solution for the global debt bubble. It is the solution for inflation (you cant print more than there are. you dont need to burn because you dont print)
One XRP drop is 1 millionth of 1 XRP. at a much higher token value, say $10,000 per XRP, that divisibility makes sense, for two reasons: Low transaction cost and affordability for small retail use.
So why would ripple design 1 xrp drop when price is in the cents? you tell me
for more search Mark Phillips Medium
Comment:
This idea is all about the long term