There is so much to try and comprehend with what is to come. The more we work together as community, the better off we will be. There are no wrong ideas/thoughts~
I've been in exactly the same situation as you, trying to understand exactly that! It was a great video last night but I must be honest it did leave me thinking should I be excited about this or not😅
You finally hit the nail on the head ... Constant average LIQUIDITY will dictate the price, so the price will fluctuate slightly because of variations in the liquidity
Utility is stronger than clarity, as mass adoption of xrp, if it occurs, will demonstrate. . XRP use cases are undeniable and retail investor needs to be patient. Alternative solutions will always be a concern but the current corrupt governing body is the enemy - currently they are involved with bringing down the banking system so they can usher in their own digital system. The question is who will use it?
@@deant3980 Bank of America has said they will begin using once legal clarity is given. That's one bank waiting. The amount of big money coming in will be massive but they can't legally until what they invest in has legal clarity. Every international company will need it because it's cheaper than the rest.
I understand the method behind the madness. I'd love more time to stack more as well, since there's a ton in circulation. But I am interested in actually seeing what influences it's price action.
I'm new and need a bit of help. I have xrp on uphold. Now I'm hearing i need to transfer to cold storage, like ledger. Do I need to do that? Also, if I have a cold storage device, does that mean it's safer?
Hit the nail on the head there Lewis. I think most have been struggling with how the price of Xrp will go up and your explanation helps give a better understanding. Cheers.
The use of a house and how it acquires intrinsic and utility value was the BEST definition I've heard to date as to how and why #XRP has to have a relatively high price for it to be useful to the financial institutions that will be using it. Plus, it also helped explain who staking is the same as living in your home and the price going up with the market. You, sir, are very close to being a financial genius. 👍
You broke this down and away no one has ever done before. Makes so much sense. And helps me to start slowing down on my anxiety. Every time the price goes up a cent or down a cent.
The real mystery is whether or not the XRP that we hold today will eventually be priced based on the price it is set to on the XRP ledger or will the price always be a function of the same elements that dictate price in the current speculative marketplace such as total coins in circulation, market cap, etc.
Hi Lewis, nice analogy but something I think you’re missing is, if the XRP is a vehicle and value is people trying to go to work they will be trillions and quadrillions of people trying to go to work each day, (money, flowing on the ledger ) this will not work if each vehicle could only take one person at a time, ($1 dollar or 1 person per vehicle) Each vehicle it would have to be able to carry many people in each movement…or $$ up and down the street (ledger) Show a high capacity vehicle that carries many people is equal to a high dollar price
I also believe as per ISO20022 each token must be backed by a tangible asset, example given in ISO is USD or a weigh gold, therefore I believe if XRP was set “dirt cheap -$1” in the words of David Schwartz it Simply won’t be a viable for wealth distribution / transfer.
Federal Reserve Notes(Dollars) while not tied to any one asset do represent all assets that can be purchased, which is its Utility. XRP currently has to be converted into Dollars because XRP lacks the same Utility.
I think even having a house or whatever you want to tokenise on the ledger does add value to XRP. The mere fact that’s it’s on the XRPL is almost a promise that one day XRP will be used to transfer ownership or sell that asset thus the price of XRP has to be taken that into consideration to ensure that XRP isn’t volatile when this transaction takes place. If XRP is a car then it should have the fuel (the price) to ensure that everyone can get where they need to go at a set and even price to ensure that asset bought,sold or transferred doesn’t change by the hour.
But like a wallet won't it take a minimal amount of XRP to hold that space on the ledger? Even if it's 20 XRP now and whatever price later on when everything is tokenized that's a lot!
Even with a lawsuit and banned from being sold on Coinbase it's still holding strong. The ONLY that I hate about the coin is you constantly get amazing news but the price remains stagnant. It's been that way for about 5yrs.
Hey. It's not banned on Coinbase. They're just pussy & took it off. But Coinbase is in meetings with ripple now so may relist it again cuz Coinbase needs ripples help
What's confusing is when we hear that the IMF already has a set price for XRP and then we hear the price will be determined by the assets that are on the ledger. It can't be both I don't think lol. I appreciate the effort you put into trying to figure it out though.
The IMF has never stated that they have a set price for XRP. They have created documents that refer to it as a stable coin, and the community has taken that and elaborated heavily on it. The price is stable because the transaction settles in seconds. Not because there's a set price.
That was a very helpful metaphor and explanation, Lewis. May billions of xrp be soon taken out of the system to be used for many, many things! Thus increasing the price of XRP!
Roughly £80k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 90% percent, which is about 10 times more than average i was achieving.
I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@MariusNatt Having a counselor is essential for portfolio diversification. My advisor is "Maria Teresa Tyler" who is easily searchable and has extensive knowledge of the financial markets.
@@AshtonGrace Thanks for this tip. Her website popped up on the first page immediately I searched Maria Teresa Tyler’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
Xrp will not increase from ODL. Schwartz has already stated this about two years ago. The creation of the AMM will hopefully create the liquidity from incentive to stake and earn yield from arbitrage and volatility. This is why there is no possible way there can be set price.
Finally! This has been the elephant in the room for me. Another question this line of thinking breeds is if each XRP is divisible by 1 million and transactions are happening by the millions per day, until the rate of loss is no longer sustainable?
idk, but I resonate so much with you its naturally that your channel grows by a drastically fast increase! You're so transparent to your community its refreshing to always watch your honesty have its own words.
But even if all the XRP is bought by insitutions, does that necessarily imply that the value of XRP goes up? Because what IF we can buy, sell and own small split up parts of 1 XRP? Like with bitcoin, 0,0001 XRP for example? What does the limited supply matter then? Whether it's owned enitrely by institutions or not?
You can airbnb/rent your house, you can provide mobile hotspots on your phone. Such Utility on XRP is more desired then simply placing value on a blockchain.
I totally agree with your analogy, please read my comments to your previous video with your guests and together it becomes crystal clear. One other thing you forgot to mention is the burn rate with every transaction which to date is around 11 million XRP. To quote David Schwartz, if XRP is a Dollar then to move 1 million dollars would require 1 million XRP but if XRP was 1 million dollars then it would only require 1 XRP to move the same amount of value.
Didn't David schwatrz have an interview with someone where he said the new AMM amendment to the ledger would turn volitilty into yield?? My Brain hurts
The value is the opposite of a car. The more you drive a car the decrease in market value conversely - in XRP case - the more the car is driven the more value.
I have a feeling they will find a way to drag out all this legal crap over summer...if there is a settlement meeting as they say, watch that be the excuse...and yes, I so want to be wrong
Please figure this one out. If these tokens are decentralized, why does the price of BTC make a difference? Who is behind the curtain ajusting the gains to meet that of BTC?
Totally get you, my concern is the UNited States Government. They are. Privatizing the tech. How does that drive up the price? And i dont think the USA is gonna let XRP roam freely to the other countries. Especially with the $$$ Dying
Keep speaking the truth bro.. screw the haters !!!. I went down a similar rabbit hole. When I realized my search for Value was rooted in greed; I had to take pause and re-examine a more pure definition of value. Thanks for sharing this... Sincerely !
If the transaction volume is 1 trillion XRP a day... and 0.000001 XRP gets Burnt per transaction.... and a XRP is valued at $0.50.... approximately 350,000 XRP gets Burnt per year. Hmmm.
Hi love the vlogs mate. Problem is nothing stays the same forever and with the onset of AI I fear that XRP might not be here for as long as the SWIFT system.
Hello. Question. (Please padon my ignorance) When you say your house is "put" on the ledger, what does that mean. Do you mean the value of your house locks up the amount of xrp tokens for the value of your house?? If not, is it then actually tokenised on the ledger? If it is not tokenised, what is the purpose of the ledger?
I didn’t hear much on liquidity and how that affects price… unless it was just a given. ie. if you put a $400,000 house on the XRPL you could sit on it for 5 years or sell your house next month. You would expect liquidity for your asset. Does XRP need to reflect the value of the assets on the XRPL so that if needed, any or all assets can be liquidated at a moments notice and the value is built it? If not, then how would this be different from fractional reserve banking or a debt based system?
one thing to consider is that all assets are not priced equaly. if we were to tokanise 400k GBP houses, how much xrp would be required at current xrp prices? then do the same calculation with, sar mars bars? seconmdly, xrp is deflationary some xrp is burned per transacrion
So, these assets, i.e your house, can be fractional ownership, where people can buy and sell shares and receive dividends.(it won't be your home, it'll be a rental, managed by Blackrock). So, in this circumstance there will be a lot of transactions on the ledger. Thoughts?
Wouldn't you have to use XRP to "tokenize" your home? Doesn't that mean you need to lock up equal amout if XRP ti match your homes value? Basically, if your house is worth $400,000 and XRP is worth $1,000, Wouldn't 400 XRP need to be "locked up" to secure the sale?🤔 Just thinking out loud.
I understand that particular point but also that’s only one aspect. If Xrp is in demand for large sums of money payments then don’t you think it will drive the value of a single Xrp up in order to accommodate $’s being transferred versus number of tokens available? Just another angle
absolutely nothing. Banks are working on their own projects that are off-limits to retail investors. Banks don't need XRP. Even Ripple has stated that they do not need XRP to do whatever they say they can do. That is what this clown doesn't understand.
so it's not only supply/demand (old school) but HOW MANY connections worldwide for it's utility (new school) - I'm closer to understanding - THANKS for this! - it makes more sense
How does access (to the crypto asset) factor into your analysis. Similar to how a person hiring an asset pays a fee that is determined by the asset owner based on his/her calculations, even though the hireage might exceed what a user thinks they should pay. If a business needed to transact and couldn't access the crypto asset (because the supply was held by others) then the transaction can not occur. So the value is in its availability or access.
Thanks for your comment. Just wanted you to know communicating wit WhatsApp is simply not secure. I reached out a week ago because I needed help with withdrawals of my xrp from exchange. The person I was txting back and forth I'm quite sure was not you. Do you have any other means of communicating?
Great video Lewis-- also remember that a very minuscule amount of XRP actually decays during every transaction (around 0.000001 or something like that) which additionally helps to maintain it's value. It truly is exciting to understand what this means for its protocol and how it will continually grow the future value
Another thing no one talks about is what if millions of XRP accounts are opened after clarity. Wouldn’t that take millions of XRP off market because of the 5 XRP in reserve to open the accounts?
Reality is, no one of us knows, nor any TH-camrs, however well informed and educated they are on the matter. The difference between the creators of the software and its intended use/ value compared to us is unfathomable and is way beyond what we can come up with at home. Much respect to all involved in these thoughts and theories but as always it’s just speculation until we witness it happen in real time.
it appears to me that it will be used as a bridge currency until one world currency is adopted globally. whatever the goals of xrp are they have been in the works for 25+ years or more at this point
while the circulation supply is going way up every month. That is inflationary. You are not paying attention. XRP will never be an expensive coin. A dollar is not expensive either.
Why don't XRPL just charge a fraction of a penny per month to tokenize an asset as a network fee. That would give a stable permanent value to XRP. Would be massive too
There is so much to try and comprehend with what is to come. The more we work together as community, the better off we will be. There are no wrong ideas/thoughts~
YOU are the ONLY realistic XRP channel. Good Job man 👍
Crypto Hulk is the real channel
I've been in exactly the same situation as you, trying to understand exactly that! It was a great video last night but I must be honest it did leave me thinking should I be excited about this or not😅
You finally hit the nail on the head ... Constant average LIQUIDITY will dictate the price, so the price will fluctuate slightly because of variations in the liquidity
Lawsuit. Legal clarity. Institutional adoption. THEN XRP IS HUGE!! NOT BEFORE.
Utility is stronger than clarity, as mass adoption of xrp, if it occurs, will demonstrate. . XRP use cases are undeniable and retail investor needs to be patient. Alternative solutions will always be a concern but the current corrupt governing body is the enemy - currently they are involved with bringing down the banking system so they can usher in their own digital system. The question is who will use it?
I think they will not let ripple off the hook until they have there ducks in a row. So they are dragging the process! It shouldn't take this long
Institutions have already adopted it. Some.
@@mcc5901 Instituttational adoption means they buy and hold mass amounts thereby reducing supply. Get it now?
@@deant3980 Bank of America has said they will begin using once legal clarity is given. That's one bank waiting. The amount of big money coming in will be massive but they can't legally until what they invest in has legal clarity. Every international company will need it because it's cheaper than the rest.
Hope that xrp wont boom till dec/nov so i can stack more
That has been my mentality since I first got into XRP in 2017
I understand the method behind the madness. I'd love more time to stack more as well, since there's a ton in circulation. But I am interested in actually seeing what influences it's price action.
@@BrownFella Less in circulation than people think~
I'm new and need a bit of help. I have xrp on uphold. Now I'm hearing i need to transfer to cold storage, like ledger. Do I need to do that? Also, if I have a cold storage device, does that mean it's safer?
Very well said!!! ❤❤❤ thank you!!!
Great job, hadn’t heard it in that concept before !
Hit the nail on the head there Lewis. I think most have been struggling with how the price of Xrp will go up and your explanation helps give a better understanding. Cheers.
The use of a house and how it acquires intrinsic and utility value was the BEST definition I've heard to date as to how and why #XRP has to have a relatively high price for it to be useful to the financial institutions that will be using it. Plus, it also helped explain who staking is the same as living in your home and the price going up with the market. You, sir, are very close to being a financial genius. 👍
You broke this down and away no one has ever done before. Makes so much sense. And helps me to start slowing down on my anxiety. Every time the price goes up a cent or down a cent.
The real mystery is whether or not the XRP that we hold today will eventually be priced based on the price it is set to on the XRP ledger or will the price always be a function of the same elements that dictate price in the current speculative marketplace such as total coins in circulation, market cap, etc.
Market cap and circulating supply will set the price.
Ur one of the few who's videos I really look forward to!! Thank you Lewis
Very well explained 💯👍🏽
Same here
Hi Lewis, nice analogy but something I think you’re missing is, if the XRP is a vehicle and value is people trying to go to work they will be trillions and quadrillions of people trying to go to work each day, (money, flowing on the ledger ) this will not work if each vehicle could only take one person at a time, ($1 dollar or 1 person per vehicle)
Each vehicle it would have to be able to carry many people in each movement…or $$ up and down the street (ledger)
Show a high capacity vehicle that carries many people is equal to a high dollar price
I also believe as per ISO20022 each token must be backed by a tangible asset, example given in ISO is USD or a weigh gold, therefore I believe if XRP was set “dirt cheap -$1” in the words of David Schwartz it Simply won’t be a viable for wealth distribution / transfer.
Federal Reserve Notes(Dollars) while not tied to any one asset do represent all assets that can be purchased, which is its Utility. XRP currently has to be converted into Dollars because XRP lacks the same Utility.
Great analogy... Well done... When XRP purpose/job arrives...The value will grow. We are very early!
So .. whats the difference between the xrp ledger and blockchain ... which is a ledger , right ?
Completely on a different level... Good job Lewis
seriously man...what an amazing way of explaining things ... bravo!
I think even having a house or whatever you want to tokenise on the ledger does add value to XRP. The mere fact that’s it’s on the XRPL is almost a promise that one day XRP will be used to transfer ownership or sell that asset thus the price of XRP has to be taken that into consideration to ensure that XRP isn’t volatile when this transaction takes place.
If XRP is a car then it should have the fuel (the price) to ensure that everyone can get where they need to go at a set and even price to ensure that asset bought,sold or transferred doesn’t change by the hour.
Yes right u made add the missing part and got thst little bitbof information ❤❤❤❤❤
I appreciate this video, because i think about it alot, theres so many variables here that people are choosing not to think about….
But like a wallet won't it take a minimal amount of XRP to hold that space on the ledger? Even if it's 20 XRP now and whatever price later on when everything is tokenized that's a lot!
Even with a lawsuit and banned from being sold on Coinbase it's still holding strong.
The ONLY that I hate about the coin is you constantly get amazing news but the price remains stagnant. It's been that way for about 5yrs.
Hey. It's not banned on Coinbase. They're just pussy & took it off. But Coinbase is in meetings with ripple now so may relist it again cuz Coinbase needs ripples help
This does makes sense. But it needs to have all the worlds assets on the ledger.
What if in order to control the price and traffic. Xrp2, xrp3 etc is created. Just like the different value of notes we are using now.
Yes we can it would be all the money of all the assets of transactions that why it needs to scale at the 1500 transaction per second.
12:45 yes correct well said
What's confusing is when we hear that the IMF already has a set price for XRP and then we hear the price will be determined by the assets that are on the ledger. It can't be both I don't think lol. I appreciate the effort you put into trying to figure it out though.
The IMF has never stated that they have a set price for XRP. They have created documents that refer to it as a stable coin, and the community has taken that and elaborated heavily on it. The price is stable because the transaction settles in seconds. Not because there's a set price.
@@jazg1407 Yes I have heard that also.
Simplified the more adoption for utility the less availability of tokens. The less tokens available the higher the cost of a token.
That was a very helpful metaphor and explanation, Lewis. May billions of xrp be soon taken out of the system to be used for many, many things! Thus increasing the price of XRP!
Roughly £80k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 90% percent, which is about 10 times more than average i was achieving.
I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@MariusNatt Having a counselor is essential for portfolio diversification. My advisor is "Maria Teresa Tyler" who is easily searchable and has extensive knowledge of the financial markets.
@@AshtonGrace Thanks for this tip. Her website popped up on the first page immediately I searched Maria Teresa Tyler’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
Xrp will not increase from ODL. Schwartz has already stated this about two years ago. The creation of the AMM will hopefully create the liquidity from incentive to stake and earn yield from arbitrage and volatility. This is why there is no possible way there can be set price.
Great job Lew!🎉
Great stuff!
Also via its protocol provides holder's value.
#IdontHaveAJob
Finally! This has been the elephant in the room for me.
Another question this line of thinking breeds is if each XRP is divisible by 1 million and transactions are happening by the millions per day, until the rate of loss is no longer sustainable?
Well said... Growth and use must come first...
This is why market cap is irrelevant. If financial institutions etc adopt and transfer trillions per day/week. That will create a very high price
idk, but I resonate so much with you its naturally that your channel grows by a drastically fast increase! You're so transparent to your community its refreshing to always watch your honesty have its own words.
Well thought out. Well said.
But even if all the XRP is bought by insitutions, does that necessarily imply that the value of XRP goes up? Because what IF we can buy, sell and own small split up parts of 1 XRP? Like with bitcoin, 0,0001 XRP for example? What does the limited supply matter then? Whether it's owned enitrely by institutions or not?
He doesn't understand TOKENOMICS or math
The xrp weighed against gold will give xrp its static price
Great video! I agree.... Reluctantly and optimistically.
Just a question, why would all the things be tokenised on the XRP ledger and not any other blockchain?
Yes the use is Between us
You can airbnb/rent your house, you can provide mobile hotspots on your phone. Such Utility on XRP is more desired then simply placing value on a blockchain.
It’s the velocity that adds value
I totally agree with your analogy, please read my comments to your previous video with your guests and together it becomes crystal clear. One other thing you forgot to mention is the burn rate with every transaction which to date is around 11 million XRP. To quote David Schwartz, if XRP is a Dollar then to move 1 million dollars would require 1 million XRP but if XRP was 1 million dollars then it would only require 1 XRP to move the same amount of value.
Didn't David schwatrz have an interview with someone where he said the new AMM amendment to the ledger would turn volitilty into yield?? My Brain hurts
The value is the opposite of a car. The more you drive a car the decrease in market value conversely - in XRP case - the more the car is driven the more value.
I have a feeling they will find a way to drag out all this legal crap over summer...if there is a settlement meeting as they say, watch that be the excuse...and yes, I so want to be wrong
Please figure this one out. If these tokens are decentralized, why does the price of BTC make a difference? Who is behind the curtain ajusting the gains to meet that of BTC?
Totally get you, my concern is the UNited States Government. They are. Privatizing the tech. How does that drive up the price? And i dont think the USA is gonna let XRP roam freely to the other countries. Especially with the $$$ Dying
Damn Lewis. This for me was your best video ever.
Brad said once you understand the utility of xrp you'll understand the value in the token
Keep speaking the truth bro.. screw the haters !!!. I went down a similar rabbit hole. When I realized my search for Value was rooted in greed; I had to take pause and re-examine a more pure definition of value. Thanks for sharing this... Sincerely !
If the transaction volume is 1 trillion XRP a day... and 0.000001 XRP gets Burnt per transaction.... and a XRP is valued at $0.50.... approximately 350,000 XRP gets Burnt per year. Hmmm.
"Institutions only need to purchase the amount of XRP FOR their Largest Transaction." From what i remember hearing.
Hi love the vlogs mate. Problem is nothing stays the same forever and with the onset of AI I fear that XRP might not be here for as long as the SWIFT system.
That's a good thought. Reserve Currencies typically last 100 years. Hopefully XRP lasts for at least 50 !
Hello.
Question.
(Please padon my ignorance)
When you say your house is "put" on the ledger, what does that mean. Do you mean the value of your house locks up the amount of xrp tokens for the value of your house??
If not, is it then actually tokenised on the ledger?
If it is not tokenised, what is the purpose of the ledger?
Thanks for adding Clarity🤓 at least I can make out the forest from the tree
When xrp price go up ripples keep dumping.
A transaction on the xrp ledger has an xrp fee at the same time burning xrp.
I think it will reach a saturation point decades ahead.
if you hold yur XRP and not sell what can it do for you?
I didn’t hear much on liquidity and how that affects price… unless it was just a given. ie. if you put a $400,000 house on the XRPL you could sit on it for 5 years or sell your house next month. You would expect liquidity for your asset. Does XRP need to reflect the value of the assets on the XRPL so that if needed, any or all assets can be liquidated at a moments notice and the value is built it? If not, then how would this be different from fractional reserve banking or a debt based system?
More liquidity = worse price action. Volatility = better price discovery
one thing to consider is that all assets are not priced equaly. if we were to tokanise 400k GBP houses, how much xrp would be required at current xrp prices? then do the same calculation with, sar mars bars? seconmdly, xrp is deflationary some xrp is burned per transacrion
Well said
XRP isn't going anywhere Lewis in the use cases. Just small amount is burned off only. XRP never leaves the Ledge due to transactions.
So, high XRP velocity is going to bring a part of the value.
If it goes 2 dollars be thankful the highest I see it goes is to 4 to 5 dollars.
Very well explained
So, these assets, i.e your house, can be fractional ownership, where people can buy and sell shares and receive dividends.(it won't be your home, it'll be a rental, managed by Blackrock). So, in this circumstance there will be a lot of transactions on the ledger. Thoughts?
Great video mate! Well put together and your apology makes sense. I hope we get bit more clarity from ripple itself.
Wouldn't you have to use XRP to "tokenize" your home?
Doesn't that mean you need to lock up equal amout if XRP ti match your homes value?
Basically, if your house is worth $400,000 and XRP is worth $1,000, Wouldn't 400 XRP need to be "locked up" to secure the sale?🤔
Just thinking out loud.
That's why we never sell and remain ownership of our PHYSICAL TOKEN'S
We become our own BANK.
I understand that particular point but also that’s only one aspect. If Xrp is in demand for large sums of money payments then don’t you think it will drive the value of a single Xrp up in order to accommodate $’s being transferred versus number of tokens available? Just another angle
What indicates though that the world would be tokenised in the Xrp ledger?
absolutely nothing. Banks are working on their own projects that are off-limits to retail investors. Banks don't need XRP. Even Ripple has stated that they do not need XRP to do whatever they say they can do. That is what this clown doesn't understand.
Lmao i left a huge comment on the last video on exactly this and this video explains it all very well. Great video, Lewis.
Thanks for this clear Explanation
so it's not only supply/demand (old school) but HOW MANY connections worldwide for it's utility (new school) - I'm closer to understanding - THANKS for this! - it makes more sense
How does access (to the crypto asset) factor into your analysis. Similar to how a person hiring an asset pays a fee that is determined by the asset owner based on his/her calculations, even though the hireage might exceed what a user thinks they should pay. If a business needed to transact and couldn't access the crypto asset (because the supply was held by others) then the transaction can not occur. So the value is in its availability or access.
Great work Lewis,appreciate you putting the work in and breaking it down in layman’s terms 👍XRP🚀🚀🚀
Hay Lewis, all you had to say is " supply and demand" I believe most people know what that means.
Thanks for your comment. Just wanted you to know communicating wit WhatsApp is simply not secure. I reached out a week ago because I needed help with withdrawals of my xrp from exchange. The person I was txting back and forth I'm quite sure was not you. Do you have any other means of communicating?
Awesome analogy! Great as always Lewis ❤
Spot on! Limited supply creates more demand = increase in value
Awesome video & info again bro 👍
The thing that will make XRP go up is when Ripple stop dumping it in the market.
So what yall talked about yesterday was great but I missed that Live but posted 📫 after.
SIMPLE
XRP is Generational Wealth.🤑🤑
Great video Lewis-- also remember that a very minuscule amount of XRP actually decays during every transaction (around 0.000001 or something like that) which additionally helps to maintain it's value. It truly is exciting to understand what this means for its protocol and how it will continually grow the future value
Thx ..for the video..very interesting way to put it ..I own lots of xrp. So ...😮
Well, the price has gone nowhere for months. That's the reality. This is increasingly looking like wishful thinking
Another thing no one talks about is what if millions of XRP accounts are opened after clarity. Wouldn’t that take millions of XRP off market because of the 5 XRP in reserve to open the accounts?
Is it 5 XRP to open an account?
Supply and demand.
If it is ultimately used to tokenize the cross border market.. the price Target might rise to accommodate larger transactions?
Reality is, no one of us knows, nor any TH-camrs, however well informed and educated they are on the matter.
The difference between the creators of the software and its intended use/ value compared to us is unfathomable and is way beyond what we can come up with at home.
Much respect to all involved in these thoughts and theories but as always it’s just speculation until we witness it happen in real time.
it appears to me that it will be used as a bridge currency until one world currency is adopted globally. whatever the goals of xrp are they have been in the works for 25+ years or more at this point
Don’t forget that XRP is deflationary too.. so the maximum supply will go/ has already started to go down.. that will impact the price of XRP.
don't drink the cool-aid
while the circulation supply is going way up every month. That is inflationary. You are not paying attention. XRP will never be an expensive coin. A dollar is not expensive either.
Why don't XRPL just charge a fraction of a penny per month to tokenize an asset as a network fee. That would give a stable permanent value to XRP. Would be massive too
Another question.
What does it mean to tokenize assets on the ledger?
Is it purely for transactional purposes?
Is it to assign ownership of assets?
We remain the Holder and benefit from them using our Token's