Gossip: Ripple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It

in rippel •  7 years ago 

Every day, companies and consumers around the world send more than $76 billion in payments through a vast network of banks. Without the flow of money, container ships stay in port, workers don’t get paid, and supply chains break down. For the past six years, Ripple, a tech company in San Francisco, has vowed to use the blockchain wizardry behind Bitcoin to rewire this global circulatory system with what it calls an “internet of value.”ripple-main.png

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Your first tag is misspelled.

It is interesting because Ripple as a company has successful products that don't rely on XRP. They have ones that do of course, in development and in use, but that complicates associating the success of Ripple with the success of XRP.

However, XRP will forever be entangled with Ripple. Therefore, if Ripple is successful it would only make sense for the capped (though abundant) supply to increase in value.

But who knows haha.

-M

Dont buy Ripple for now -13,46%.