Ripple (XRPUSD)

[MindlessSelf]

XRP Was Designed for $10,000.

When XRP was created, it was designed to be a replacement for both institutional and retail financial systems in every market around the world. How do we know this? An examination of how XRP is constructed makes this evident.

A somewhat famous quote from Ripple Labs co-founder Arthur Britto provides a tantalizing clue. In 2017, he wrote, “XRP must be scalable to accommodate 7.5 billion people.” We’ll come back to this quote, but it does provide insight into the scale of Ripple’s ambitions to be used by the global population. First, let’s examine some of the main features of XRP that support my claim that it was designed to carry $10,000 (or if to be more precise – $11,400) of value.