Replies to post #35609 on Ripple (XRPUSD)

[Wooden Indian]

Thank you, WiseYoda. Good to hear from you. No need to ever sell XRP.

[Dogger05]

Look man I’m not bright enough to understand scenario 2. It sounds like a synthetic debt instrument, just like the ones that were undertaken in “The big short” (you know this asset is securitized and it becomes that asset, and then that asset is securitized again and becomes another asset, and so on and so on and so on) I can tell you though that Scenario 1 makes zero sense because if you have a CBDC you don’t need xrp for cross border payments, you just send the CBDC and it either gets converted to local currency (just like if you sent XRP) or it stays in whatever the native currency of the CBDC that is sent. Xrp is not a stable coin, will never be a stable coin, but that doesn’t mean it won’t have utility…