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<blockquote data-quote="ThxOne" data-source="post: 8919408" data-attributes="member: 675210"><p>XRP. There will only ever be 100B XRP tokens to cover worldwide, near instant, cross-border payments. Currently there are just under 61B XRP tokens circulating. For XRP to be useful it has to be expensive. If each XRP token was $1.00 and I needed to send $1M to someone in Japan it would take 1M XRP tokens. This is far less than ideal. Now, if an XRP token was worth $10K it would take 100 XRP tokens to send $1M to that fella in Japan. Let's take it a step further. If 1 XRP token was worth $50K it would only take 20 XRP tokens to send $1M.</p><p></p><p>XRP was made for time savings and convenience. Instead of waiting on traditional banks to move money over days to weeks, XRP does it in a matter of seconds. What we are waiting on are regulations and adoption. The Clarity Act is one major step in the right direction. XRP is not like Bitcoin which has its price going up and down in connection with social media talk. XRP is tied to real world events. Current prices of XRP are less relevant than people think. Many people are treating it like ordinary crypto when it is not. People freak out and sell it off when the price dips. This is a no, no. You have to hold onto it for the long haul.</p><p></p><p>I don't cringe when the price drops... I keep buying. <img class="smilie smilie--emoji" loading="lazy" alt="📉" title="📉" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4c9.png" /> <img class="smilie smilie--emoji" loading="lazy" alt="💵" title="💵" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b5.png" /> <img class="smilie smilie--emoji" loading="lazy" alt="💵" title="💵" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b5.png" /> <img class="smilie smilie--emoji" loading="lazy" alt="💵" title="💵" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b5.png" /> <img class="smilie smilie--emoji" loading="lazy" alt="📈" title="📈" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4c8.png" /><img class="smilie smilie--emoji" loading="lazy" alt="💰" title="💰" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b0.png" /><img class="smilie smilie--emoji" loading="lazy" alt="💰" title="💰" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b0.png" /><img class="smilie smilie--emoji" loading="lazy" alt="💰" title="💰" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b0.png" /></p></blockquote><p></p>
[QUOTE="ThxOne, post: 8919408, member: 675210"] XRP. There will only ever be 100B XRP tokens to cover worldwide, near instant, cross-border payments. Currently there are just under 61B XRP tokens circulating. For XRP to be useful it has to be expensive. If each XRP token was $1.00 and I needed to send $1M to someone in Japan it would take 1M XRP tokens. This is far less than ideal. Now, if an XRP token was worth $10K it would take 100 XRP tokens to send $1M to that fella in Japan. Let's take it a step further. If 1 XRP token was worth $50K it would only take 20 XRP tokens to send $1M. XRP was made for time savings and convenience. Instead of waiting on traditional banks to move money over days to weeks, XRP does it in a matter of seconds. What we are waiting on are regulations and adoption. The Clarity Act is one major step in the right direction. XRP is not like Bitcoin which has its price going up and down in connection with social media talk. XRP is tied to real world events. Current prices of XRP are less relevant than people think. Many people are treating it like ordinary crypto when it is not. People freak out and sell it off when the price dips. This is a no, no. You have to hold onto it for the long haul. I don't cringe when the price drops... I keep buying. 📉 💵 💵 💵 📈💰💰💰 [/QUOTE]
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