‘Money never sleeps,’ is a saying that was popularized by Gordon Gekko in the Wallstreet series of movies. Well, seeing the latest headlines about Ripple like:
– Banco Santander to Debut International Payment System with Ripple,
– Cryptocurrency Price Predictions 2018: Ripple Is the Clear Winner,
– National Bank of Abu Dhabi Partners with Ripple to Offer Faster Fund Transfer, this is probably the best moment to say, ‘Ripple (XRP) will not sleep!’
Yet another reason to say so are reports of Japan Bank Consortium and other international banks trying out cross border payments using Ripple’s settlement technology, xCurrent. It is worth noting that Japan Bank Consortium is a coalition of 61 banks across Japan.
We are pretty much done with saying Ripple is the next big thing. Ripple is the biggest thing in the crypto space right now!
To add to the buzz surrounding Ripple, CNN named it as one of the leading cryptocurrencies in the market in an online article on the 18th of December. Bitcoin has proven that when any cryptocurrency makes it to the mainstream media, it means people are talking and as a result, there will be a buying spree soon after. Therefore, please start buying XRP for it was mentioned on CNN, and soon, maybe on FOX, Yahoo and BBC.
Think of the wonders this technology will do for trade across the globe.
Life will be made easier for the big time corporations and also for the small time businessman who wants to buy some Japanese electronics while in his living room in Kenya. Trade financing will become cheaper and possibly obsolete with time. As peer-to-peer payments evolve, the need for an escrow in the form of a bank will die out.
Such an example of real life applications of blockchain technology means that Ripple will chart its own course in the financial world. As a result, investors will have confidence in a proven product by Ripple which will positively affect the price of XRP in the markets.
Real applications of technology products are the reasons big investors such as Warren Buffet are known to be bullish about companies such as Amazon, IBM and Apple. In addition to the technology behind a company, Buffet likes to study the CEO behind it. He has been noted to have high hopes for Amazon’s CEO, Jeff Bezos and his vision for the company.
In a similar manner, Ripple’s CEO, Brad Garlinghouse, is in a position to steer Ripples financial products to the point where even mainstream investors, such as Buffet, who are staying away from crypto, might be enticed towards buying their first XRP.
The third and final reason to buy XRP now is a simple quote popularized by Richard Branson. The founder of the Virgin Group is known to say ‘Screw it, let’s do it’ whenever he has a good hunch about a business idea.
NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.