zionbar
Elite Member
- Apr 6, 2015
- 4,140
- 4,618
Except banks are not using the XRP token, they are using the Ripple technology. The two are not one and the same. This is what the majority of investors in XRP fail to understand and it is why XRP's value has been inflated beyond all reason. Do you really think banks will use a token to facilitate their $ billions worth of transactions on a daily basis when its value fluctuates even as low as 1% on a daily basis, let alone 30-50% swings in a single day, when instead they can use their own closed-circuit token and still benefit from the advantages offered by Ripple technology? Once people that FOMO'd into this centralized piece of turd in the past couple of months realize this very important fact, this coin is going to take a huge dump on everyone that is still holding their bags faster than you can say "bubble".
Weren't you saying that XRP will replace BTC a few pages ago, even though XRP is not intended to be a p2p currency? You are one of the people I am talking about above. Sorry, not sorry.
Banks probably won't, you're right like I said many times banks and governments will eventually develop their own coins IMO.
But still, XRP goes up when RIPPLES' TECH is being adopted.
And yeah I explained that to him a few pages back, ripple was not intended to replace btc but to be used by big corporations and banks.. but he just doesnt get, so im tired of going back and fourth with those kind of ppl