XRP (Ripple) up 15.5% this week... why?
For years and years and years the "thesis" behind buying it was "BEcaUsE BAnkS aRE UsINg iT"
But are they really?? Who? Which ones?
Its tech has to be really outdated by this point. It was always centralized and lacked poor distribution.
Anyone here buying XRP or even holding it? Am really curious as to know why.
This is one coin among the top 100 coins on cmc that i don't take a glance at, i don't know why but i just don't pay attention to it or try to. Who knows why people buy what they buy, you would think after all the lawsuit saga many people will lost interest in it, but instead people keep buying to support the project.
I think xrp is just basking on past glory, the so heavily discussed banking system being the main backbone of the project is definitely one of it, some people still hold on to that info about xrp and bank but till now we have not actually seen which of the bank(S) are in connection with the project and have express their connection with the project.