Missed Bitcoin And Ethereum? Buy XRP (Ripple)

XRP is one of the very few cryptos that have a real world use case. Ripple’s goal is to facilitate international money transfers, and they have made some MAJOR inroads in the financial sector.

Layman’s explanation: Most banks currently use a system called SWIFT to move money around. It’s an antiquated system that was started in the 70s. If you’ve ever wired money anywhere you’re probably aware it takes days for the money to actually arrive and has significant fees attached.

Ripple changes the whole game. Its technology allows money to be sent around the world in mere seconds at fractions of current cost. With ~$5.3 TRILLION moved around the world every single day, banks are salivating at a technology like this. Read that number again. 5.3 T-R-I-L-L-I-O-N. PER DAY. If XRP gets it’s claws into even a fraction of that, Ripple’s market cap will make Bitcoin’s look like a penny stock.

Current investors in Ripple include:

Google Ventures
Andreessen Horowitz
IDG Capital Partners
AME Cloud Ventures
Standard Chartered
Accenture Ventures
SCB Digital Ventures
Siam Commercial Bank
SBI Holdings

Banks involved in the project include:

Bank Of America
Merill Lynch
Royal Bank Of Canada
Santander
Unicredit
Westpac Banking Corp
Bank Of Tokyo

Ripple is SEC registered and sits on the Federal Reserve’s Faster Payments Task Force Steering Committee. This is not a scam or pump’n’dump. This is the real deal. These are heavyweights and they play with big-boy money.

Right now one XRP is a mere 28 cents. It’s likely going to be the first crypto-currency to get implemented into the real world banking system. As we all know, this is a bankers world. Follow the money and get on board.