/biz/ - Business & Finance

>>21955540
No one cares, faglord. If nothing happens by 2021 I'll just keep ignoring my stack until it happens. If it never happens, I am out a small amount of money. If it happens I'm one of the new financial elite. That risk to benefit analysis isn't that hard.

>>17134145
XRP provides a means by which banks can swiftly liquidate an transfer fiat currencies, exchanging them for other currencies in seconds. Under the legacy system, validation of these transactions could take up to 3 business days, in which time the fluctuations of the fiat currencies could change as much as a few percent. You can imagine that banks and other large organizations would want something that will take the guess-work out of whether or not their $100mn transfer is going to lose $2mn just in the fluctuations during the time it takes for the transaction to validate. XRP removes that problem.

Proof of concept has been achieved, the use case validate, and the adoption has begun. DYOR and ignore the FUD.