Ripple update: XRP rumblings
I’m hearing a lot of talk lately about the dollar tanking and stagflation on the horizon, with the Fed’s hands being tied. Many think wealth will pour in to xrp much like it would into gold or silver as a safe store of value, all the while xrp is on the brink of gaining traction and worldwide use. It seems like an unprecedented situation. If this were to happen, does this completely undermine the fed and their ability to exercise monetary policy in a meaningful way?
Any thoughts on this?
If Ripple were able to control supply, even secretly, then wouldn’t this mean they become the global ‘Fed’ of the internet value (assuming xrp gains full traction globally)?
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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