The Potential of Ripple to TAKE OVER - From an African Perspective

coinfrica (44)in #cryptocurrency • 8 years ago

Some bit of expression by @coinfrica

Does Ripple have the potential to be the "globalised currency" of the world? Is it just market excitement which is driving the cost of 1 Ripple up - using a controlled supply? Another thing, it is centralised (It is a company situated ON SOIL) at 300 Montgomery St, 12th Floor, San Francisco, CA 94104, USA - definitely, banks are evolving at the way they look at money.

It has been speculated that one currency will be formed once banks merge and Ripple is showing to be a suitable candidate somehow. Focus on the circled paragraphs. They look 'suspicious'. Will masses understand cryptocurrency in the form of Ripple via banks? (Banks have been trusted ever since, ever since happened). Will banks eventually only use Ripple as forms of exchange internationally? That tends to be more likely the issue. Are banks looking for ways to further 'tax' consumers, hence the forever increasing price of Ripple? 1 Ripple is ridiculously overpriced ($0.25 considering a circulating supply of 38+billion coins) and this may not be a good time to buy. Ripple though may actually go for $0.50 a piece before the price decreases. It may look to be strong now, but the future can only be predicted, it can never be known for certain...