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Blog URL: https://xrpcommunity.blog/the-global-economy-needs-instant-value-transfer/ The global economy wants - 𝙖𝙣𝙙 𝙣𝙚𝙚𝙙𝙨 - real-time payments! I cover this & the latest news impacting XRP in today's blog: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Readers should strongly consider supporting Christine Lagarde, the current Managing Director of the IMF, as she champions serious debate of digital assets. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple donates one million dollars to Tipping Point, a local San Francisco non-profit; And the first ILP Summit is announced. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Ben Sharafian peppers social med
Instead of building another walled garden, Ripple has chosen to connect the world's payment systems together. They will succeed with XRP and ILP working together! In this blog entry, I discuss what some have come to realize intuitively; that Ripple has a visionary strategy compared to other competitors (like R3, e.g.) Instead of building an island where everybody has to jump on, they enable banks to continue using their own preferred ledgers and integrating with ILP. If banks then wish to save even more money, Ripple is now nearing the point when those banks can flip a switch and start