/biz/ - Business & Finance

There's something I don't understand, and I'm hoping some of you lads can help me out. I've read stories that multiple organizations -- businesses and governments -- are going to be using the XRP ledger for certain transactions and or tasks. The most recent of these was Columbia using XRPL for real estate and land. What I don't understand is how that effects XRP. Use of the XRPL doesn't mean that they have to use actual XRP tokens, does it? Doesn't it mean that they can create their own tokens on the XRPL to do what they need: XRPColumbia, XRPSBI, etc? Beyond bringing attention to XRP, which I see and understand as a good thing, how does the use of the XRP ledger help the price of XRP tokens?

I'm sorry if this is an elementary question, but I just don't understand and I'm hoping you're willing to help.

>pic
If we moon, my comfy XRP shack away from all the insanity.

>>27107709
Same, bro. Same.