Ripple update: The liquidity problem: “We will see very soon” – David Schwartz
So David Schwartz gets asked how xRapid will solve the liquidity problem.
There are 2 scenarios that can happen:
1. The liquidity will increase caused by xRapid. Market will grow further and further… -> Liquidity increases step by step.
2. xRapid will use up all the available liquidity and the market basically dies. David states that he does NOT think that this scenario will happen.
Anyways: The biggest problem will be to bring a lot of volume in the market without totally crashing the market at the same time.
What’s your thoughts on that?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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