/biz/ - Business & Finance

XRP going up
Link going down

XRP going up is bearish for link, who would've thought?

>>59596664
american crypto eh?

>>59440615
>XRP living rent free in linkbaggies minds
deep down, even the most deluded baggie knows what's comming

>>59385968
I will spoonfeed some newfags so that they don't fall for this literal linkiespam.

>XRP is a memecoin LARPing as an utility project. No bank uses it. The XRPL makes only $1.4k in fees per day, compared to Ethereum's $2-5 million per day. It's a ghost chain. Ripple (the company) makes money by dumping XRP on retail (not because the XRPL is used).
false, many banks already use it

>Some institutions trialed the XRPL years ago because they were paid by Ripple, but they all decided on not using it because it was too expensive.
also false

No one uses the XRPL for cross border settlements and no one will. Ripple planned years ago to replace Swift and now it's clear that they failed, so they don't even mention that narrative anymore.
again, false it is already in use, and swift is bending the knee.

>Nostro Vostro is not needed when using CCIP, in case you didn't know. The concept of a bridge currency is obsolete in a world with atomic DvP, stablecoins, CDBCs, and tokenized assets.
again, false, CCIP does none of that, it's simply a messaging system designed for an archaic platform

>Even if ODL were used, ODL transactions are demand neutral (you buy XRP, send it, and sell it) so it doesn't affect the price (this argument was literally made by Ripple in the court case).
No, brainlet take. demand for xrp will certainly bring up the price, what was meant is that the transaction speed would make the price volatility ( in the few seconds it takes to finalize) negligible

>When confronted with the facts, most XRP holders will try ignore the arguments of this post and debate based on ad hominem attacks/memes/price action (they only do this when the price has "gone up"; they are euphoric now that they price is where it was 7 years ago).
I think you have the linkies and XRPchads confused

try again, kek