Ripple (XRPUSD)

[MindlessSelf]

My concern is we get hit with 50k or some crazy of taxable income and they start fining me and saying I owe way more than I can afford.

However we are looking at an IOU price. When this thing goes live and is tradable it could crash hard. I originally thought it was going to be in sub penny land for awhile until I saw the IOUs. I mean 100 billion tokens being created again on day one. Even xrp started out in subpennies.

All this talk about tax and we may be holding a few $100 worth of FLR when it is all said and done once trading starts.

I hope it can hold a dollar. I think with the amount of holders and exchanges and development already that it can quickly retrace to $1 after launching. I mean even $1 for every xrp we held will have made this all worth it.

I jist don’t quite grasp the use case that it is solving and would it ever scale to the tune of solving a global trillion dollar use cases? I get what xrp is doing, don’t totally understand what flare is solving. And then it gets more convoluted when spark gets airdropped again with flare finance token.