XRP2021

Some might not know, but back in the day XRP was originally called Ripples. This was back in the day of 2012. Rippling In the XRP Ledger, "rippling" describes a process of atomic net settlement between multiple connected parties who have trust lines for the same currency. Rippling is an essential part of issued currencies, because it allows users who trust the same issuer to send issued balances to each other with the issuer as a passive intermediary. In a sense, rippling is like a passive, two-way currency exchange order with no limit and a 1:1 exchange rate for two currencies with the same currency code but different issuers. Rippling only occurs along the paths of a payment. Direct XRP-to-XRP payments do not involve rippling. For non-issuing accounts, rippling can be undesirable because it lets other users shift obligations between issuers of the same currency. Thus, the No Ripple Flag disables rippling on incoming trust lines by default, unless the account enables ri...

XRP - How does it work? XRP was created on February 2012. According to one of the creators of the original protocol David Schwartz @joelkatz. - Ripple Labs Inc is an American cryptography digital payment fintech blockchain organization that created XRP to become a global digital currency to take over all payments systems! The goal is to make a digital dent in the universe! To Suck up all the monetary value of the world into 1 digital ledger called the XRPL that cannot be hack, that every transaction can be tracked! There will ever only be 100 Billion XRP. Currently at the time of this posting there are 44,089,620,959 XRP that exist. Where are the rest? Ripple Labs Releases 1 Billion each month to keep the supply in check of the demand. Currently, XRP has no demand due to no utility. The utility is not defined due to the American FEDs not declaring regulations on this digital currency or properly classifying what an XRP is or what is allowed to be done with it. Currently the SEC is tr...

Tesla buys 1.5 Billion dollars in Bitcoin! Some people are wondering why Tesla would buy 1.5 Billion dollars in Bitcoins. Here is why. Tesla purchased this much bitcoin so that they could fork the protocol to create their own CBDC. What is a CBDC? (Central Bank Digital Currency) Tesla will be using Bitcoin's blockchain network also known as the Lightning Network. Any organization can fork a blockchain protocol of any blockchain network to create their own CBDC. The Digital Asset is used as collateral for the organizations CBDC. Essentially this is what Tesla did to create their own CBDC, They purchased 1.5 Billion in bitcoins to fork the Lightning Network protocol. I see in the coming weeks all many major companies following suit of Tesla's CBDC. Here is a link showing their CBDC that was created out of their 1.5 Billion dollar purchase of Bitcoins. https://coinmarketcap.com/currencies/tesla All merchants will start taking crytpo currency payments for products and ser...

Today XRP is currenlty trading at 51 Cents. Today BTC is currently trading at $46,000.00 Brian Brooks Predicts XRP Trading Will Resume in the US, Says SEC’s Case May Center on One Simple Question https://dailyhodl.com/2021/02/10/brian-brooks-predicts-xrp-trading-will-resume-in-the-us-says-secs-case-may-center-on-one-simple-question/amp/?__twitter_impression=true What will be the outcome of XRP? https://fortune.com/2021/01/29/ripple-bitcoin-ethereum-sec-documents/

To everyone that wants to understand what is happening in the crypto currency space, more specificly, XRP. Currently, the United States FEDS are working as fast as they can to get regulations passed so that the U.S. government can tax crypto gains! Currently SEC has filed a lawsuit against one of the largest American crypto currency companies that is going public this year called Ripple Labs Inc. Ripple Lab Inc holds roughly 50% of all the Crypto Currency called XRP. Ripple Lab Inc has their XRP locked up in Escrows for Release each month for sale. 50 billion XRP are stored on a cryptographically secured escrow account in order to guarantee a secure XRP supply. This can be checked mathematically how many XRP are supplied to the market. Once a month up to 1 billion XRP are released. So Hypothetically, Ripple Labs Inc will be out of XRP in 4 years and 2 months. SEC Lawsuit filled 12/22/2020 in the State of New York https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf F...