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- Jun 15, 2013
Doesn't take genius to understand this.The high circulation is there because the system is design for the banks. The banks need a high volume of supply in order for ripple to work.
Y’all need to read the whitelisting
I never read the whitelisting but I understood the magnitude of coins had to be there if all the banks where going to jump on board.
As much as traditional bitcoiners might hate XRP, if it goes accordingly this will have a great portion of the world on it. Not sure how the prices will fluctuate because is a corporate thing, but I guess we will find out.
Imagine needing a loan ... You apply, get approved and within 5 minutes you have x-amount in XRP. No need to cash out get verified wait x amount of days to clear etc. **** is done in minutes. That's game changing.
The problem again is the fluctuation in price. This will have to maintain a stable price.
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