To be clear, I still detest everything XRP stands for. It's a morally repulsive project.
However, when I put my objective trader hat on and look at it from strictly a trading/investment standpoint, I can't help but think that it actually looks like it could be profitable. Potentially very profitable.
Initially, I thought that the outstanding coins that were controlled by the foundation was way to much outstanding supply for XRP to ever increase in value.
But...if we look at XRP as the probable transition mechanism from the current banking system to CBDCs, then the max supply of 100B coins could actually be very low. If the goal is to get the entire population of the world (or at least the biggest countries) on XRP, that could make those 100B coins potentially very valuable.
On top of that, consider that every wallet has to lock up 20 XRP just to transact on the blockchain and that's even more XRP that won't be in circulation.
Looks like a buy to me. Show Less
