Im hoping I am still alive if and when. I have owned XRP from that days it could only be bought from overseas exchanges. (yes that was scary) *LOL*
I have a fair amount of it but it doesnt amount to much AT ALL being I only paid around 30 cents cents a coin.
Time will tell.
Im just posting this as a follow up to
@wwillson
Crypto is used and I agree, someday it will come onto its own. IN this case, overseas bank transactions have used this coin or its infrastructure approx for 10 years now. XRP (Ripple)
I have no clue anymore what it does. Haven't followed it but the change in pricing has me concerned enough to get it off a hard drive in my house someplace and into Coinbase. At the time Coinbase did not store XRP for you.
There will be a coin and I suspect the USA will somehow create one. Im clueless really, been out of the for a long time. Sadly I sold my bitcoins for a 40% profit many years back at $11,000 a coin Oh well! Life is good, money can't buy health as long as gas you can afford good housing, food and health care.
Just because I am posting this doesn't mean I am a believer in this coin, I just happen to have it. I dont think it's going to replace anything. I do believe something will one day. But this coin is used by financial institutions just for those who say coins are a passing "fluff"
Just another source below=
- Partnerships with leading banks: As early as 2017, 100 financial institutions had joined the Ripple network, seeing value in the new, innovative cross-border payment model. These institutions included Santander, AMEX, Mitsubishi UFJ and more. Since then, Ripple has delivered on its promise to remove friction in cross-border payments. For example, Korean remittance provider, SentBe, saved its customers $25m in FX conversion and transaction fees with RippleNet. Similarly, Travelex Bank uses Ripple’s global payments network to settle cross-border payments almost instantly.
- Source-
https://calebandbrown.com/blog/what-is-xrp/
