What is Ripple's XRP?
"XRP was not created as token to make money as a simple Buy/Sell token. Rather, it was created to actually convert the entire global financial system over to “Basically” a one world monetary system.
What most people don’t understand is that XRP is very unique; as it was designed to be a part of Ripplenet’s One Demand Liquidity (ODL) global cross boarder system being utilized as a “Bridge Currency”.
The big picture for Ripple/XRP . . . eventually the “fiat currencies of all countries” will be digital and on the BlockChain. The Ripplenet protocol and XRPL Ledger was designed to replace the current SWIFT global banking system. Its faster with 3 to 5 sec transaction time, more accurate, more efficient and very cheap per transaction at only 0.00001 XRP per transaction.
For example, one company sent $50,000,000 to another country in 3 seconds and only cost $30! Eventually all assets will be digitized and place on the blockchain; whether gold, silver, oil, gas, world debts and budgets . . . etc. in other words “ all of the world’s financial assets”!
Ripple has created a platform that will “Bridge” all of these world assets by use of its XRPL ledger utilizing XRP and its “decentralized exchange” for instantaneous exchange of any digital asset to any other digital asset no matter what it is!
In other words, the Ripplenet protocol will be the “internet for money”.
NCR (National Cash Register Company) is already designing its point of sale (POS) machines to accept all digital assets and convert them to that individual country’s fiat currency right at the cash register or for online purchases. I hope who ever reads this can see what XRP really is. Of Course, given its future intended use and critical importance, the government will at some point prohibit retail sales of $XRP . The price of #XRP will explode as the intended use comes into play. You could very easily see prices rise to $10, $100, $1000, $10,000 to $40,000 XRP when globally adopted as the world’s bridge currency."