XRP operates on two separate ledgers—private ledgers used for testing and parameter customization, and public ledgers for general transactions—which will converge on July 14th, potentially explaining why XRP prices haven't risen despite bank purchases, as the private ledgers serve as controlled testing environments before merging with the public ledger.
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🚨 BANKS BUYING MASSIVE XRP!!! WHY PRICE HASN'T EXPLODED YET!!!Added:
All right, why doesn't XRP rise in price if banks around the world are buying huge volumes? I hear people say. So, okay, it's because there are two ledgers. Some financial regulators could suggest it's dishonest to conceal the true price of an asset. I suspect the two ledgers will converge on July 14th.
So, >> [music] >> there is the private ledgers, right? And the public ledgers. The private ledgers are you could basically set whatever parameters you want on those private ledgers. Those are really like a testing ground, right? And eventually, if certain central banks, wholesale CBDCs, or banks want to have their own ledgers, their own private ledgers, right? On the XRP ledger, you know, those two will eventually merge into one where the prices and the value will be the same, but the testing is done [music] usually on the private versions.
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