r/XRP

Let's get to at least $2 again before anyone is talking about $20+ 😂 I don't for a second believe it will go over $5, but it could.

People forget that XRP is often talked about as a backup plan for the current financial system. If you believe that thesis, the existing system would have to break down first and some people argue we’re already seeing signs of that through inflation and a weakening dollar.

As long as the current dollar-based system is still functioning and people can continue making money in it, XRP may not reach the prices some expect.

But here’s the question I keep coming back to: if 1 XRP were worth $7,000, yet inflation had gotten so bad that the average house cost $3 trillion, would that really make you wealthy? The number would be bigger, but your purchasing power might not be.

Just a thought.

Woooooo, should I now invest money into other iso20022 coins or keep buying xrp? I have some debt I can finally start working on since buying xrp was a priority for me so I’ll be working on that as well!!

My understanding of XRP is that a user could bypass the traditional SWIFT banking system and utulize XRP to facilitate cross border transactions. It would enable frictionless transactions between two currencies. This would look like USD --> XRP --> YEN. With the GENIUS act and the proliferation of trad-fi bank backed stable coins, why would any financial institutions prefer XRP over RUSD or any other stable coin? It seems to me the use case for XPR has dissappeared, and Ripple has acknowledged such with the advent of RUSD. Let me know your opinions.

We’ll be mooning around Christmas time.

I keep stacking, but JESUS tap dancin' christ...i need a stiff drink!!! Reddit told me this was a low effort post. I have to disagree, as it took 5 minutes to wipe the tears from my eyes and the sweat from my brow. As WELL as check my blood pressure!!😆

I hold a little over 3k coins. I'm down and fully expect to be down further. I knew this was a gamble and if it hit it would be fun. Ill stick to football at least that had an ending. You either won or lost

The market doesn’t owe us anything. If your conviction was built on headlines, like most people, this is painful. If it was built on research, this is just another chapter. Keep learning. Whether XRP succeeds or not, let this market build your patience before it builds your portfolio!

Stay safe my friends!!

Welcome to 2024 prices!