How Would We Sell our XRP If it’s Not on an Exchange

Digital Assets Daily shared: As XRP is designed for Banks. The most bullish move ever is no exchange relisting XRP.

Community Response:  Because it’s designed for banks can this be a problem as I have listed below?

But, how would we sell our XRP if it’s not on an exchange? If it was only meant for banks they wouldn’t have listed it on exchanges, such as JPMcoin.

Don’t believe that the exchanges will ever relist XRP. XRP is not for retail! It’s for the Banks, FI’s & institutional investors. We were the testing ground that help create the market. David is Satoshi, he created BTC, to create the market & slowly build over time. Done.

Yes, I keep saying I want adoption not relisting, the RE can’t push the price to $100+ but the banks can. Sounds like we are close.

I agree partially. Ripplenet works on the fact that after money is converted into XRP on an exchange and sent to another exchange where it will be reconverted back to whatever currency. You would need an open market to do that. Where would the liquidity come from otherwise?

Isn’t this like saying that FIAT is only for banks? People need to move funds across borders also. I moved from an overseas job and crypto would have made this a great deal easier. My buddy moved from Europe and SWFT LOST his fund’s transfer for 5 months.

Some educational tweet by panosmek I highly recommend you read this and stop with the nonsense of XRP is a banker’s coin or made just for banks.

That’s what I haven’t understood with everyone hollering relist XRP. It’s been stated many times it’s not meant for retail and our ‘shallow’ trading. So what makes everyone think it will be relisted.

The problem is the liars keep saying XRP was designed for Banks which is not true. XRP is meant for retail. Furthermore, On ramps & off ramps (exchanges) are a necessary component of Ripplenet. Facts matter.

Retail is an essential element of the XRPL maturation.

I’ve talked to people about this before. So, if they end up not relisting XRP because it was never really meant for retail but financial institutions how will everyday people like yourself and I end up selling some of our XRP?

Wrong, XRP needs the markets and exchanges liquidity and the markets to hold the majority of the XRP. If there were no markets, the banks would have to hold XRP in Nostro accounts i.e., dormant capital like they have now.

No, the banks would buy XRP. Soon, no retail investors can hold. Just industries and companies transferring large sums of money.

If the banks have to buy and hold large sums of XRP they are not solving their biggest problem. Stagnating money in Nostro accounts. The money locked up would just be in the firm of XRP rather than a fiat currency.

You mean like they do with money lol.

Huh? Without relisting, XRP is worthless to me as I cannot sell it.

If it’s delisted then it will be in buyback mode, the government or ripple with set up a landing spot to sell the XRP for a premium.

I doubt there will ever be a buyback and IF there was, we’d likely get low-balled. But since XRP’s use-cases are endless and the world is using XRP (Ie SBI esports gamers being paid in XRP), it will always be available (Bitrue, Uphold…) UNLESS outlawed specifically; unlikely.

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