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Ripple XRP: Will We See A Settlement On May 31st Based On These Reasons?

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10 Comments

  1. 🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪🇩🇪
    I am from Germany: "Stefan Huber" is not german. He is located in Switzerland (german speaking part of Switzerland)
    Zug is a City in that area.
    P.S. the ".ch" in the email-adress from Stefan also shows the location in Switzerland.

  2. Rightttt….. so some random dude saying there is a settlement possible on the 31st is your click bait source, and he's from another country? Hmmmmm wow you've really sunk on this one…

  3. XRP & XLM will run everything Jed Mcaleb of XLM and former owner of XRP and Brad Garlinghouse of XRP cunningly and covertly working together behind the scenes, all that news about they argued, absolute rubbish… they both will dominate all payments internal, external & remittance on a Centralised and DeFI networks ultimately getting the best of both Crypto spaces and both have unlimited scalability, so clean and fast too…

    Here’s how>
    Ripple enables things like cheap and fast cross-border payments, Ripple’s target customer is not so much unbanked individuals but the banks themselves.

    Stellar XLM is used for unbanked individuals see the possible partnership 😄 this will include the ability to send money quickly and cheaply, even across borders. This is key for unbanked individuals, who might be workers abroad sending money back home but are limited to expensive money transfer services like Western Union.

    XRP will run everything on the banking Centralised blockchain network 😁
    Let’s look at XRP’s ability to scale. At its creation, a total of 100 billion XRP were created. No more can ever be created, so it is deflationary in nature. Setting aside the fact that some of these XRP have been burned or lost, 100 billion XRP at a $10,000 value per XRP would provide $1 quadrillion in total value. This is enough to easily account for the $244 trillion global debt (Bloomberg), as well as $88 trillion global GDP (Statista).

    By its very nature, XRP is highly liquid, with fast transaction and settlement times. It is also inexpensive to use. If it is used as a de facto reserve currency, there is no need to exchange it for fiat currency, though this is also easy to do across multiple currencies and payment networks via the Interledger Protocol(ILP).

    So, what is the secret that the politicians, non-governmental organizations, and major financial institutions might have been hiding from us?

    XRP will be a world reserve currency (and it will be used to pay off debt).

    It will solve the debt crisis without devaluing fiat currencies. For example, the U.S. government (and other governments) could buy XRP at very low OTC rates, which wouldn’t drive prices up on the retail exchanges. Likewise, major financial institutions could also stock up on XRP at extremely attractive prices. When all systems, policies, and agreements are in place, they simply announce that XRP will serve as a reserve currency. This drives utility and demand, which rapidly increases the price of XRP. The governments could then settle their debts using XRP, which would not devalue their fiat, because they would not be printing any additional dollars or other fiat currencies.

    This would explain why the U.S. administration, the IMF, and the World Bank have been so positive about Ripple Labs, xRapid, and XRP. It would also explain why the SEC and other federal agencies have not yet weighed in on XRP’s status as a security or other type of asset. It would also explain why the price of XRP has been very steady at a low price for more than 15 months, despite a constant stream of positive news about partnerships, production deals, and so forth.

    My prediction is that we will see such an announcement within the next 24 months, followed by significant, sustained price growth for XRP over the course of a decade or more.

    Stellar vs. Ripple: Inflation
    The last point we want to touch on is inflation.
    Ripple’s total supply is fixed, whereas Stellar has 1% inflation per year. On top of that, Ripple burns all transaction fees. Therefore, Ripple is deflationary (supply decreases over time), while Stellar is inflationary (supply increases over time).
    If we’re to believe the economic theory of supply and demand, that means that as Ripple’s supply decreases and XRP becomes more scarce, its price should increase (assuming demand for XRP increases or stays the same). With Stellar, there is an opposite effect, since increasing supply puts downward pressure on price.
    Therefore, from a price perspective, Ripple wins on inflation (or its lack thereof).

    They will definitely partner up again….

    In sum, Stellar and Ripple are two very similar assets. However, there are clear things that both Stellar and Ripple are better at than the other.
    When it comes to functionality, decentralization, and token distribution, Stellar wins. Meanwhile, Ripple beats Stellar on team and inflation policy.
    Regardless, it’s likely that the two assets will play important roles for the foreseeable future rather than one overtake the other in all aspects. Ripple will continue trying to appeal to banks, and Stellar will try to give unbanked individuals an alternative to centralized and inefficient banks/

    Jordon Belforte – Wolf of Wall Street owns XRP assets too

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