Sabitlenmiş Tweet
Listen carefully #XRPArmy and anti-XRP. Let’s make this very clear once and for all.
The valuation of XRP does not follow the same logic than most L1 today. It’s not simply a token capturing value from gas or network fees.
The economic idea behind XRP is older and more fundamental: debt vs cash.
Simple example.
If you receive a check, deposit it, then pay with your card, money moves… but in reality it’s still bank debt moving around. Your bank owes you, another bank owes the merchant.
The system only move promises of payments.
That’s how most of finance works today: bank transfers, deposits, stablecoins, tokenized deposits… they are all basically circulating claims.
But some assets allow final settlement, meaning the debt disappear.
Historically it was gold.
Today in interbank systems it’s central bank cash.
That’s where XRP logic become interesting.
If two banks use a stablecoin like RLUSD, the claim just move from one balance sheet to another.
But if two institutions settle using a neutral asset, the transaction is closer to final settlement.
In this logic XRP act more like a neutral liquidity asset than a typical smart-contract token.
And look at the historical decisions around it.
The XRP escrow made the supply predictable and limited Ripple’s ability to arbitrarly move tokens.
Network fees are burned, so nobody capture that revenue.
And Ripple always insisted on the separation between Ripple, XRPL and XRP.
These choices are consistent with the same design logic: a neutral liquidity asset, not a platform token.
Meanwhile Ripple invested in @FlareNetworks, bringing programmability and yield around this ecosystem.
Maybe things start to look a bit clearer now.
If you never zoom out, you will never understand what is slowly building.
#XRP #XRPL #Flare #Ripple #Crypto #Blockchain #DeFi #RWA #Tokenization #Finance #IoV
Zach Rynes | CLG@ChainLinkGod
Ripple is doing stock buybacks of Ripple Labs shares, presumably using capital obtained from XRP sales Never seen a more prominent example of the token vs equity problem plaguing the crypto industry But I’m sure XRP retail will explain how this is good for their bags actually
English
