avatar
XRPMillionaire

Following0Followers (X)4.51KPosts242Likes118
avatar

There is one word they use that tells you that XRP is going to the Moon and that is Collateral..... When XRP is used as Collateral that means it's out of circulation for the period of the Term... RLUSD will be granted as the Token (Like Cash) borrowed against the XRP Collateral. It's much bigger than Just Payment, Settlements, and Bridging.... it's all of it...

avatar

Before Crypto Takes Off.. There needs to be security Laws for all Blockchains and Custody... Retail and Institution will not risk everything if both are not protected by Laws... Imagine an institution telling their customers, sorry we have lost all your crypto because our keys were hacked.... with no recovery laws in place how can one put trust in their custody without security laws... the Clarity Act must get passed before anything can actually moon. It's really that simple..... At the moment instituions already have a system that has confidence and trust with security failures... but it doesn't have that with new financial system using crypto. It's time to stop accepting, lost your key, or your wallet was hacked, or accidentally sent to the wrong address, Or wallet manufacturers being hijact by third party suppliers...then claiming not our responsibility.. this is not acceptable in the current system and should not be expected to be the norm for the new system. Security Laws will create adoption, adoption will not happen without, Trust, confidence, and protection with Laws for Blockchains and Custody.

avatar

The only reason its dangerous is because there are no security Laws to handle failures.. Banks,Exchanges, institutions and self custody wallet manufacturers must be able to be regulated with confidense and trust the same as the current system handle failures today....

avatar

ripple:native will only moon when it becomes a tier 1 asset and is used as Pristine Collateral... Until then all the retail adoption in the world will do jack shit to the price... Are we close... far from it.... Clarity Act needs to pass first before anything else can happen..