minicuzzo Posted January 3, 2019 Share Posted January 3, 2019 and i liked the idea of xrapid and see all the benefits wouldn't i still ask: what if xrp goes to zero? What would be the answer? What would you say if you were working for ripple? I hope it's a stupid question that would mean that it's not a concern😂 Truthbot 1 Link to comment Share on other sites More sharing options...
XRP-JAG Posted January 3, 2019 Share Posted January 3, 2019 The value of XRP is ultimately market driven by demand and confidence, which is no different to majority of normal currencies. In theory, if XRP becomes widely used the price will be fairly stable as it will be against all the worlds currencies. Demand would dictate price, and confidence would only really be an issue in relation to new technology. The big sell of Ripple technology using XRP is you can operate in countries where historically exchange rates have been an issue. No foreign company wants to hold (for example) Venezuelan Bolivars due to the crashing value. Currently we are in a bit of a 'Chicken and Egg' scenario. XRP needs to be higher priced and stable for mainstream use. How we get there without the mainstream use is the million dollar question. minicuzzo, deBereboot and JordanC 3 Link to comment Share on other sites More sharing options...
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