Ripple Will Take Over The Bank Industry
Ripple(XRP) is a digital asset. It is used for payment providers, and digital asset exchange to send money globally. The money will be sent within seconds. This is why the banking industry does not like this. The Government does not like this either. Next, you normally have to wait days or weeks to send a large amount of money. With XRP, you can get it within seconds.
The price of XRP is cheap right now and will soak to $3-10 once they hopefully win their case.
Ripple Advantage
It has speed, convenience, and efficiency. In addition, you just pay a low fee for your transaction. For instance, if you send $10,000 you may pay like 10 cent transaction payment anywhere in the world.
Therefore, regular people and businesses will adapt to this Ripple network. Furthermore, banks will have to adapt to Ripple. Some banks have partnered with XRP. However, some banks do not want to let go of their power. The earlier banks adapt to the ripple network means they will get the advantage of getting more customers toward their specific bank.
The government does not have XRP which is why they are in a court case for over 2 years now. Ripple should win because they are not doing anything wrong. The government does want control. However, XRP is fighting hard and we will see how this turns out. Get in-depth with XRP here.
Conclusion
You may want to look at Ripple if you want to buy a low investment that can make you 6-7 figures depending on how much you invest. Do your homework. See what you like about ripple(XRP) and what utility it serves for you. We believe once the XRp case is resolved this token will soak to an all-time high the same day. The government is probably buying up some XRP to have some control. Learn more about XRP here.
Thank you for reading.
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