Quote from: Herbert2020 on October 19, 2018, 07:55:23 AM

if they manage to sell "it" to the banks they are going to sell Ripple to the banks not XRP. in other words the banks are not interested at all in XRP the token that the ripple labs controls, they are interested in the technology called Ripple and want to adopt that for themselves.

price of XRP may get some pumps like it always does in case of news like this because of the hype but in the end XRP is still a centralized shitcoin with a huge supply which can not go up in the long term.

Indeed that are the words I was going to put forward.

People are having big misconceptions that Ripple company is actually bound with the banks and banks will then invest in the XRP coin. Thats worst thought ever because banks has no interest in their coin. They have interest in the blockchain technology on which the XRP is running its nodes.

There is big difference between the bank working and actual use of XRP. So no, it wont matter if bank ever buys the Ripple.