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Re: dealerschool2006 post# 31933

Wednesday, 04/20/2022 1:06:33 PM

Wednesday, April 20, 2022 1:06:33 PM

Post# of 33065
Xrp was my first investment Into crypto. Largest use case: replace swift. And it’s not a pipe dream. Ripple is making this possible with 300+ partnerships with banks fintechs and money transmitter companies.

Ripple could close up shop and xrp still would continue to trade and provide utility. This is global not just US. In fact it is pretty much all global and excluding US ironically given Ripple is US company.

So many separate use cases in addition. You never know what may stick but it’s easy to see how the limited supply of xrp can go up in value. It’s a long term play but one of the biggest No brainers in my opinion.

Xrp crushes btc in almost every way. In fact it was created as a result of where btc was lacking. Creators of btc saw that it couldn’t scAle and went on to make xrp.

If you are going to be a long term hodler of xrp you may want to consider staking it somewhere so you are earning every day you hold. Mine is at Nexo. Thanks to dirty Gary and lack of clarity at sec, Nexo has suspended any earnings for US citizens temporarily on any new additional top ups, however from what I have heard on this board, it has not been enforced and additional deposits have still continued to earn interest.

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  • 1D
  • 1M
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  • 6M
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  • 5Y
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