/biz/ - Business & Finance

forgot EBT cyberattack thread link https://boards.4chan.org/pol/thread/39292259351140325
>>51140861
>>51140949
to get a better idea about what potential price/marketcap could be, we should estimate the amount of money currently being transacted on private permissioned versions of the XRPL by banks and financial businesses. this includes all the ODL payment rails as well as other stuff like real-time gross settlement networks and inter/intra-business B2B transfer networks which i don't think necessarily use ODL (i could be wrong on this). this could be broken down into currency pairs and then within the currency pairs, different corporate, governmental or paragovernmental entities using that currency pair.

but, if it's currently about .33 at 16 billion Mcap, it becomes a question of guessing the real amount of value locked into the private iterations XRPL, ready to be transferred to the mainnet when they "flip the switch" i.e. connect private ledgers to the public one.

$160 billion? seems plausible- that would put it at $3.33 per XRP. $1.6 trillion? that seems a little high but still within the realm of possibility when you look at all XRP's partners and the different currency pairs that have been announced, that would be $33.33 per XRP. what do you guys think?