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RE: Why Ripple Token (XRP) is Terribly Overvalued
You kind of completely ignored the fact that Ripple is devoted to promoting XRP to settle international payments and that if Ripple is successful at doing that, that would generate demand for XRP.
Looking that deep into the project is too hard. It's much easier to look at the market cap and holler centralized token. I bought XRP because I'm a nerd for money mechanics, not because equity shares of Ripple are XRP.
tons of demand. A quadrillion dollar per year market, that will only grow once the economy is boosted by instant settlement.
Can you answer this please! :) Xrp can be used to settle in xcurrent correct?