Home Altcoins News What Ripple (XRP) Intends to Do for the Community? How Does the Community React?

What Ripple (XRP) Intends to Do for the Community? How Does the Community React?

What Ripple (XRP) Intends to Do for the Community How Does the Community React

Ripple as a company is good to call all developers or anyone to suggest valid changes. They offer several ways to make it possible for someone to become a contributor. XRP is great token with essential fundamentals.

Ripple partnered with Pyypl a non-bank financial services provider focusing on Middle East, Africa and Central Asia to bring ODL to the Middle East for the first time.

Community Reactions:  If the entire XRP Community stated they wanted the ~55B XRP in Escrow to be equally distributed to all XRP Wallet addresses, would Ripple accept and distribute the tokens?

I doubt they will because Garlinghouse stated without XRP sales, Ripple wouldn’t write green numbers

What about SEC, please? It’s a good idea of solving problems with mechanics when they have issues with people, but we are still ending the circus.

What’s the status of court stuff? Man when will the lawsuit end? Will XRP be the new stable coin?

Ripple is a project that has very big potential and will be used a lot in the future, but currently Ripple is being covered up by an agency to reduce its potential but I’m sure it won’t last much longer because Ripple will definitely bring out its fangs – Good Work Ripple.

Ripple is only down and down. What will happen to the case of Ripple with the Securities Commission?

Ripple: XRP will not be held within the UAE and transactions will not involve the currency AED as part of the payment flow.  It also states they will use LEVERAGED XRP, meaning they will use XRP as collateral, borrow against it and use the borrowed currency for the ODL transaction.

Would you be so kind as to explain what you mean by this? I have trouble understanding how this would work and what’s the effect this would have on price.

Ripplenet/ODL can use any asset. Because of the SEC case and legislative issues in other countries, instead of using XRP directly they can use XRP as a guarantee of funds against a loan of an allowed asset in that country. Like us using a house as a guarantee for a loan.

Thank you kindly for taking the time to explain it to me in layman’s terms.  What I seem to understand is that in the end everything is bullish for an eventual Ripple stock exchange IPO, but XRP’s price might not benefit from all of these news.

But when a lot of banks want XRP to use as collateral, it would become more sought – after which it would make it go up in price, no? And, most likely, after the SEC fare, they would want to hold it. I don’t know, just thinking here.

 

 

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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