Correct me if I’m wrongBut my understanding is the value of XRP will have to be 3 or 4 digits high in order to be used for its intended purpose
KABOOOOOOOOOOOOOOOOOOOM
>>62261202>>62261235fxcking bullish for xrp
>>62261202Nobody is using it but if they would the price now is fineBOOOOOOOOOOM
>>62261202That's a lie.Pre XSG schizo here. The price by 2030 will be 5x of this at least. But that's because of supply being grabbed up and less circulating.The math is that $2 XRP can actually handle the entire money tx of the world.17,500 times a day a token can be traded. Each token.17,5000 x 100,000,000,000 = 175,000,000,000,000,000,000 a day in tx.Not to mention you can bundle tx and only use the ledger to settle finally.
>>62261834thank god slippage isnt a thing
>>62261834KABOOOOOOOOOOOOOOOOOOM
>>62261838The vast majority of use case will be ensured and contractually bound to a price settlement range BEFORE the tx goes through.Slippage is for low volume, independent buyers, aka retail chumps.Big guys will pay a small fee to have their tx go through at a price they know will be final and this will be done by large custodial operations.For example Ripple ODL.If you want to send a billion dollars in XRP, their actual service is the guarantee that it 1. shows up, and 2. shows up at "agreed upon price."This cost a little, but removes all risk.Slippage will have no bearing on these tx.