The new power of ripple

in cryptocurrency •  7 years ago 

XRP price Prediction for 2018 is $2
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Ripple trades under the ticker symbol “XRP” and has a market capitalization of roughly $10.2 billion (at the time of writing). Its token value surged 3,914% this year alone.
For those who may be unfamiliar with Ripple, it is a blockchain company trying to disrupt SWIFT, the shadowy company that facilitates international payments transfers.

Anyone that has sent money overseas knows what I’m referring to. In order to make the payment, you have to provide a SWIFT code. The company has a monopoly on cross-border transfers, having more than 11,000 financial institutions in 200 countries on its network.

Ripple wants to take SWIFT down by working together with banks and other financial institutions. In some quarters, this willingness to work with banks taints Ripple by association. Some view it as heretical, but I personally find Ripple’s approach to be refreshing.

Ripple Gona be the new face of cryptocurrency in 2018

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awesome

  ·  7 years ago (edited)

SWIFT is owned and controlled by the banks - do you think they want to disrupt themselves?

Bankers don't want to give a away a piece of the pie to the crypto community. They are already underway building their own blockchain solutions.

They were building a chain themselves but there are more poaiblites of ripple to him that and it will

I honestly don't see why. The bankers have all the capacity and funding to do this on their own.

. Here is another fact on Ripple that might disturb the price explosion predictions for 2018, they are putting 15 billion USD of new tokens into circulation by the end of this year. That will more than double the current circulation:

https://twitter.com/CryptoDelegate/status/917931278355251201