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Found 2 results
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  1. was just reminded of this article from a video i just saw. http://themarketmogul.com/ripple-internet-money/?hvid=4YCxgu
  2. Hello, First off I'm pretty new here. And just bought my first XRP yesterday. But, I've been thinking lately regarding the decision banks will be making with regards to using XRP. My understanding is that Ripple offers, by means of the Interledger Protocol and their enterprise software, the ability to help enable banks to speed up their transfers, fiat exchanges, etc without the use of XRP. I understand that many people and from what I understand, even Ripple have stated that it is best if banks and FI's use XRP. But, my question is, wouldn't the cost of using XRP simply go up continually over time? The cost to the banks and financial institutions that is. I mean if there is a set amount of XRP forever. Isn't it pretty basic supply and demand 101 that as more supply gets used up by banks performing transfers, then the actual cost of XRP and thus the cost for the banks to use XRP goes up over time. Ultimately the more banks using XRP the more expensive it becomes for the banks themselves. Again, I'm a newbie here guys, so let me know if I'm missing something. But, it seems like banks would pretty quickly see that as XRP is bought and used, it will ultimately become more expensive to utilize for transfers overall. Thoughts?
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