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RE: The Ripple(XRP) Effect - Fundamental Analysis

in #cryptocurrency7 years ago

That is a very important point @kyle.anderson.
If XRP is not used as a currency for trade but only to pay fees, then the GDP would not matter that much.

I would really like to know what is the role that XRP would play in the Ripple network. If you can guide me, I would appreciate it a lot.

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well really it is to improve liquidity and to provide fee incentives. although I believe​ both are broken in some ways. there are better solutions with smart contracts now.

banks are not using XRP rn.