Ripple update: Wouldn’t the next financial crisis be negative for Ripple?
We all take pride in XRP and Ripple because the token and the company have a real use case: banks. But, wouldn’t this turn against us if banks went down -or put under a lot pf pressure, just like it happened 10 years ago?
People in crypto -me included- are looking forward to the next financial crisis, as we believe it’s a given that cryptocurrencies will shine as a way to hedge against inflation and the volatility of traditional markets. But the case of XRP is odd, since it’s marketed mostly for the banking industry. Isn’t this dangerous? Are there alternative uses or reasons to still be in XRP once the shit hits the fan?
PS: NO FUD, just an honest debate. I hold XRP too!
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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