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XRP? What's up?

nathanpiatt

Published: 30 Dec 2017 › Updated: 30 Dec 2017XRP? What's up?

XRP? What's up?

Ripple seems to be going nuts.

https://coinmarketcap.com shows it with the second highest market cap in crypto. It's popular. Made for central banks. Wait, what?

Why would central banks want crypto? It's not... central.

PicsArt_12-29-11.50.00.jpg

What would it take for ripple to overtake BTC with the top market cap? As I write, it seems to be rallying again. By quick simple math, with around 40 billion coins in circulation (yeah, there's a total of a hundred billion of the things), it would need to hit $6-7 to overtake Bitcoin as the top market cap.

Can it happen? This is crypto, anything can happen. It surpassed Ethereum early this week. I imagine that enormous volume sure doesn't hurt it on it's quest.

Personally, I don't trust it a whole lot. Made for banks, remember? I'm not in this to deal with banks. I'm in it because I see a world beyond central banking. I'm not in this for money. I'm in this to learn. To grow. Of course, I doubt most of the people in it are in it for that. I hope I'm wrong.

Watch this thing y'all. Watch it with a questioning mind.

Be safe y'all,

Nate

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