To me it’s simple. The international monetary system is running on something that was developed in 1972. If the world’s financial players want to bring their slow, costly, unsecure system into modern times there is ONLY one horse to bet on.
My first buy was about a year ago at $0.15, and my current cost average is $0.17. i never thought I’d get rich overnight, and I’ve always thought that the XRP ecosystem needs time to develop and mature because the price will be solely driven by usage, because of that I’ve always planned to hold until Dec-2022 where I will make a decision on what to do next.
The daily muppets who keep droning on about price today or at the ATH still haven’t figured out that the market hasn’t even started yet. Everything up until now has been driven by consumer funds, which is primarily icing on the cake.
IMO our two biggest issues are when will regulations get ironed out, because this is what’s keeping the real money from rolling in, and WTF is taking so long for xRapid to get out of BETA?
I think even without regulations, Kitao could push his 61 banks all in but he’s still waiting for the full release of XRapid. Kitao’s banks will be the first domino. Once he’s off and running others may follow.