09-03-2022, 01:37 PM
Can anyone inform us what the point of XRP is now?
<!-- SC_OFF --><div class="md"><p>If you dig far enough back in to my post history you'll see that I was active in the XRP subreddit. I'm not here to pick fights or argue with people. At the time, my thought process was, "Ok, they have people lobbying in congress to make friendly regulation for crypto-remittances via banks. This seems cool. And I don't like having to make a 50 USD copay to send 100 USD to another country. This seems logical." </p> <p>When I see a product like Strike where remittances are possible on bitcoin with lightning (albeit presently only to and from the US, and to and from El Salvador, to and from Argentina, and within all of these regions), I see something that is arguably a working product, or at least a product in development that seems to work. </p> <p>A long time ago I made a post that said basically something like, "Bitcoin on lightning has just done what XRP on Xrapid wants to do without the need to go through a bank." </p> <p>So is Ripple re-strategizing and re-thinking the use case of the XRP token? What is the general idea now vs. say 2018?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sgtslaughterTV"> /u/sgtslaughterTV </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x4ncrm/can_anyone_inform_us_what_the_point_of_xrp_is_now/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x4ncrm/can_anyone_inform_us_what_the_point_of_xrp_is_now/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>If you dig far enough back in to my post history you'll see that I was active in the XRP subreddit. I'm not here to pick fights or argue with people. At the time, my thought process was, "Ok, they have people lobbying in congress to make friendly regulation for crypto-remittances via banks. This seems cool. And I don't like having to make a 50 USD copay to send 100 USD to another country. This seems logical." </p> <p>When I see a product like Strike where remittances are possible on bitcoin with lightning (albeit presently only to and from the US, and to and from El Salvador, to and from Argentina, and within all of these regions), I see something that is arguably a working product, or at least a product in development that seems to work. </p> <p>A long time ago I made a post that said basically something like, "Bitcoin on lightning has just done what XRP on Xrapid wants to do without the need to go through a bank." </p> <p>So is Ripple re-strategizing and re-thinking the use case of the XRP token? What is the general idea now vs. say 2018?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sgtslaughterTV"> /u/sgtslaughterTV </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x4ncrm/can_anyone_inform_us_what_the_point_of_xrp_is_now/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x4ncrm/can_anyone_inform_us_what_the_point_of_xrp_is_now/">[comments]</a></span>