XRP's value is determined by its utility in facilitating cross-border value transfer and tokenization, requiring dynamic pricing rather than fixed administrative repricing or gold pegging to accommodate growing network usage and institutional demand from players like BlackRock.
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🚨XRP HOLDERS…WHY I’M STILL EXTREMELY BULLISH ON XRP 📈 #xrp #xrparmy #crypto #viralshortsAdded:
I'm pretty confident and again I could be wrong. I'm not the end-all be-all, right? This is just based on conversations that I've had um and my research that a lot of this has been pre-allocated. It's been negotiated. The institutions and enterprise players out there, they're going to be leveraging this network to be able to facilitate value transfer and need a stake in it uh have already got a piece of XRP, BlackRock included.
And that being said, um if someone were to front-run the market or cause a supply shock or push the price up prior to when they really needed it, >> [snorts] >> it won't work. They they need a lot of demand for XRP all at one coordinated time in order to be able to push it to the value they need it to be in order to start using it.
If they push it up 10, 20, 30 bucks and it falls back down because they didn't time the, you know, the demand all at once, they're not going to be able to drive it to the price they need it to be. And there's other people out there that have, you know, different theories.
Again, I'm not the end-all be-all. You should listen to multiple people and, you know, come to your own conclusions on stuff.
There's kind of like an administrative repricing thing going around that's been discussed for years. We literally wrote I was on the valuation committee with Jimmy Valley when we wrote the white paper on, you know, what we thought XRP should be worth in case, you know, the government tries to pay you to buy it back from you or there's a a seizure or something like that, which again, I'm not I'm pretty skeptical of. I don't think it's going to happen, but it's good thing we have that paper in place just in case that plays out.
Um but an administrative repricing, my my concern with an administrative repricing is it's a fixed value. It's not flexible. It needs to be dynamic in order to be able to continue to grow over time.
And if it, you know, this is the same reason I don't think it would ever be pegged to gold.
You need the value of XRP to continue to be able to expand over time as more value moves on chain, more things are tokenized, there's more value in settlement between counterparties.
If if it's a fixed value, it makes it very rigid and it wouldn't fit the use case of an exchange rate peg. If you want to go look up a white paper that was written by the IMF in 2014, they talked about an exchange rate peg. Shortly after that, XRP was rebranded to XRP from Ripples after it had been gifted to Ripple and prior to that it was called XNS when it was originally minted. So, all that being said, you know, that's my rebuttal to the administrative repricing.
Could they do it like they did gold where, you know, they bought it back from the American public, which they wouldn't have to do that with XRP, they could just take it from Ripple.
They could then change the price to a higher threshold like they did with gold, moving it from $20 to $35, and then they had to titrate it up a couple more times.
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