hi everyone. I heard Ripple wont need XRP for all these new banks and transactions and that XRP can only go down - if in case this is true, sounds reasonable. Where can I catch up with what really is going on with XRP? ty
Of course it would not use XRP, it has too much volatility like any altcoin! Ripple will probably develop a new stable token for banks use and it will not be an altcoin. My opinion only!
An opinion without any research.
XRP is used on every transaction of Ripple. You can't use Ripple without XRP.
If you use Ripple to move something other than XRP, then XRP is BURNED EVERY SINGLE NON XRP TRANSACTION ON RIPPLE.
Don't let the haters fool you, many liars out there trying to say that XRP won't be used, CAN'T USE RIPPLE WITHOUT XRP!