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Some economic concepts can be surprisingly counter-intuitive. Have you heard about Jevon's paradox and the velocity of money? Perhaps, but I will point out how these apply to a real-time payments system, and connect the dots for you. In addition, I've conducted a SWOT analysis of Ripple's fit for four different industries. Read for yourself and tell me if I'm missing something! Hope you enjoy the read - please leave any feedback below. Feel free to share my blog with a friend or on any other platform - and thanks for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
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https://xrphodor.wordpress.com/2017/07/02/xrp-wont-just-make-you-rich-it-will-supercharge-the-world-economy/ Latest blog entry. The entire blog entry was inspired by: https://ripple.com/files/fsr_gifford_cheng.pdf (p. 144) Basically, the lesson is that when you make a transaction cost zero (or near zero), and then make it extremely fast, something incredible happens to the number of those transactions - they increase almost geometrically. It's exciting to think what XRP could do if it's widely used as a bridge asset, and this same effect ends up happening to international commerce! Please feel free to leave positive / negative / neutral feedback here. Also, feel free to share, quote, link to, or otherwise point to the blog in any way that helps get the word out in other media. (My next step now is to log into Reddit and alert the Ripple subforum)- 41 replies
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