XRP Prediction: Buyback Theory
Jimmy Vallee became a cult figure within the XRP community by formulating and spreading the Buyback Theory:
Core Premise: It proposes that the U.S. fiat financial system and the sovereign debt of the United States will collapse under their own weight. To prevent a dollar collapse, the U.S. government and central banks would need to confiscate or compulsorily buy up the entire supply of $XRP held by private hands in order to convert it into a national reserve asset and a source of global liquidity backing.
The Target Value: Vallee initially popularized the figure of $37,500 USD per token. Later, in 2023, the firm Valhil Capital published a theoretical valuation whitepaper led by researcher Molly Elmore, where they proposed six mathematical models estimating a "fair equilibrium value" for XRP ranging from $9,800 to $48,000+ USD, assuming that the network must absorb all the world's liquidity, debt, and financial intermediation.
What Real Value Do Their Claims Have?
1. In Traditional and Institutional Finance (Near-Zero Value)
On Wall Street, the SEC, the U.S. Treasury, and the central banking establishment classify Vallee’s ideas as marginal narratives or monetary conspiracy theories.
2. In the Liquidity Analysis Field (Theoretical Value)
The numerical work published by his firm is valuable as a theoretical stress-test exercise.
The Valhil Capital model does not calculate the market’s organic adoption over time, but rather the price that the token would require if there were an "instant reset event" overnight.
It assumes that XRP would be the only asset selected by governments to back the system, while ignoring the existence of complementary networks, physical gold, regulated Stablecoins, and the sovereign CBDCs themselves.
Jimmy Vallee became a cult figure within the XRP community by formulating and spreading the Buyback Theory:
Core Premise: It proposes that the U.S. fiat financial system and the sovereign debt of the United States will collapse under their own weight. To prevent a dollar collapse, the U.S. government and central banks would need to confiscate or compulsorily buy up the entire supply of $XRP held by private hands in order to convert it into a national reserve asset and a source of global liquidity backing.
The Target Value: Vallee initially popularized the figure of $37,500 USD per token. Later, in 2023, the firm Valhil Capital published a theoretical valuation whitepaper led by researcher Molly Elmore, where they proposed six mathematical models estimating a "fair equilibrium value" for XRP ranging from $9,800 to $48,000+ USD, assuming that the network must absorb all the world's liquidity, debt, and financial intermediation.
What Real Value Do Their Claims Have?
1. In Traditional and Institutional Finance (Near-Zero Value)
On Wall Street, the SEC, the U.S. Treasury, and the central banking establishment classify Vallee’s ideas as marginal narratives or monetary conspiracy theories.
2. In the Liquidity Analysis Field (Theoretical Value)
The numerical work published by his firm is valuable as a theoretical stress-test exercise.
The Valhil Capital model does not calculate the market’s organic adoption over time, but rather the price that the token would require if there were an "instant reset event" overnight.
It assumes that XRP would be the only asset selected by governments to back the system, while ignoring the existence of complementary networks, physical gold, regulated Stablecoins, and the sovereign CBDCs themselves.