What makes XRP so cheap?
I’ve been an investor for about 3 years. I have a surface-level understanding of crypto. I have a little experience selling and trading other currencies like ETH and BTC and the exchange/gas fees were an unwelcome surprise. Why doesn’t XRP have this problem and what are the disadvantages of XRP in exchange for being so fast and cheap? What’s the catch?
Retail investors will never substantially move the price, IMHO. The value lies in commercial use for cross currency exchange. If this happens on a large scale literally trillions could be moved DAILY. (SWIFT currently does this btw.)
I believe power brokers behind SWIFT are the reason the SEC sued Ripple. It’s a direct threat to their monopo@crypto_MOJ news ly. Meanwhile, SWIFT has been developing a competitive product. It will be very lucky if Ripple can win the lawsuit before they can fully execute. That’s the risk to XRP.#BTC #XRP/USDT🔥🔥
