Because the banks will use it to send money between each other.
They’re going to peg the price of XRP to gold.
Basically it’s the return to the gold standard, except it’s fast with near free transfer speeds.
Currently there’s an SEC vs. XRP trial and Ripple (the company that builds software for XRP) is pretty much exposing the SEC.
Because of the trial you can’t buy XRP on all the exchanges. You can buy it on uphold, bitget and in Canada Coinsquare.
You can also buy a crypto like Bitcoin and use a coin mixer like Changelly.com to convert it to XRP.
Also, if you’re new to crypto, you should get a hardware wallet like a ledger nano. If you keep your crypto on the exchange, it’s not your crypto and the exchange could fold up and take your crypto.
Why are people saying to buy XRP?
Because the banks will use it to send money between each other.
They’re going to peg the price of XRP to gold.
Basically it’s the return to the gold standard, except it’s fast with near free transfer speeds.
Currently there’s an SEC vs. XRP trial and Ripple (the company that builds software for XRP) is pretty much exposing the SEC.
Because of the trial you can’t buy XRP on all the exchanges. You can buy it on uphold, bitget and in Canada Coinsquare.
You can also buy a crypto like Bitcoin and use a coin mixer like Changelly.com to convert it to XRP.
Also, if you’re new to crypto, you should get a hardware wallet like a ledger nano. If you keep your crypto on the exchange, it’s not your crypto and the exchange could fold up and take your crypto.
Fucking Voyager...