FLARE/SGB AIRDROPS: There seems to be some misunderstanding of what’s happening here with these airdrops and therefore some are missing the purpose to what the Flare Network is and what it will do. One of the main reasons for developing the Flare Network is to enable smart contracts for XRP, which will no doubt lead to more use cases for XRP. Brad Garlinghouse stated sometime back that Ripple is going to drive massive demand for XRP because they are solving a trillion dollar problem and the Flare Network is apart of that promise. The reason Ripple funded the Flare Network through the Xspring initiative is for XRP adoption. Anything that intelligently boosters XRP adoption is not bad for XRP, but very good for it! Smart contracts, loans and much more that will be utilized through the Flare Network uses the utility of XRP, which is why its so fast and so cheap. This drives XRP adoption. How ETH uses BTC is how the Flare Network will use XRP. The speed and cost of a smart contract through the ETH network, which uses BTC, in comparison to a smart contract through the Flare Network, which uses XRP, is day and night. This is why I believe one of the reasons Ripple is being sued by the SEC is to try and slow them down because Ripple is a threat to the ETH ecosystem. Its no coincidence that ETH foundation gets to build out ETH 2.0, which challenges Ripple, care free from the SEC, while Ripple gets sued by them. This is what Garlinghouse means when he says the SEC is picking winners and losers. Regardless, in the end I don’t believe it will be one coin to rule them all, but what the SEC is doing is criminal and thankfully they are being exposed through the lawsuit.
A lot of time and money has been put into the Flare Network that will drive XRP adoption on a whole new level. This is the main reason behind the launch of the Songbird Canary Network. To assure that the Flare Network will be a wild success the Songbird Network was created as a test net to work out all the bugs. Has anyone ever thought what EXFI stands for? Experimental Finance...its all a test and we the ones using it are the test subjects so Flare in conjunction with Ripples C++ development team can work out all the bugs. What they’re doing is very smart so when the Flare Network goes live it can almost guarantee success. So, should one participate in the airdrops? Yes, because its good for XRP for the successful launch of the Flare Network and those who participate are making $$$$ because these drops have value. Some other projects have done these test nets before and when they work the test network continues to function because people continue to use them so if the test is successful the test network doesn’t become obsolete. Anyhow, these airdrops are incentives for XRP holders and see ZERO reason not to take advantage of them. Its kinda like telling At&t that you don’t want your quarterly dividends because it dilutes the stock. If you hold XRP then I say take advantage of the incentives that are being offered. Good day and go XRP!
