Ripple XRP was never a real crypto and nothing they say are going to change that. There is no mining and the stakeholders are just themselves. XRP has no future as a virtual currency.
XRP in numbers, and while BTC has a finite number of 21 million, XRP’s total supply runs into billions.
If you look at blockchains like Ethereum, the smart contracts blockchain fulfils a real world application which is in the hands of the public.
XRP doesn’t fit that role and as a pure virtual currency, it has to compete with the likes of LTC and BTC.
The whole concept of XRP is wrong from the onset. It is better off as a remittance system than a virtual currency which is why Ripple Connect will find new users among the banking elites. If you owned stock in Ripple the company, then you will benefit from the technology that is being adopted by banks. But owning XRP doesn’t give you a penny of that company. It is not a security token, so you have to be very precise about what you mean by just Ripple.
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