Ripple's Tiers

[LatentNewb]

So..... Not to add another thread and apologies if this in the wrong forum but I'm hodling and thinking over everything going on.

Isn't it fair to say that what Ripple is offering with their software is different tiers for transferring money?   And their fastest tier requires banks to use XRP IF, I stress again, IF they want it at the destination as quickly as possible?

Is that a fair way of looking at it?   Because I'm wagering then of course you'll see XRP get used.   At that point it's a matter of necessity and time.

Because I can see when transferring money, especially a large amount, FI's will use XRP when the need arises.

[richxrp]

On 1/5/2018 at 11:50 AM, LatentNewb said:

So..... Not to add another thread and apologies if this in the wrong forum but I'm hodling and thinking over everything going on.

Isn't it fair to say that what Ripple is offering with their software is different tiers for transferring money?   And their fastest tier requires banks to use XRP IF, I stress again, IF they want it at the destination as quickly as possible?

Is that a fair way of looking at it?   Because I'm wagering then of course you'll see XRP get used.   At that point it's a matter of necessity and time.

Because I can see when transferring money, especially a large amount, FI's will use XRP when the need arises.

Not only faster.. but cost savings estimated at 30% less...

[LatentNewb]

Yeah, I got that.  But this was back when I was still trying to understand it was going to work.  Lol  So I was right about the tiers of service and then tieing it all together and easy to switch tiers between xCurrent and xRapid.