Thread by @WKahneman

Trying to get ahead of it: here is a sneak peak at the FUD about #XRP you will see over the next few months:
1) The new wallet will allow #Ripple to sell into XRP suppressing the price!
3) They won't need XRP!
2) Tokenization on the XRPL means that you can freeze accounts!

First, remember Ripple always has incentive for the price to accrue and it is better in the long run to get XRP on the market. With ODL we've seen that cashing out on the receiving end creates arbitrage. Is it also possible less XRP is on exchanges as it stays in wallets?

Second, yes, you can move tokenized assets on the XRPL -with stablecoins looming, but this might not even happen on ledger; just between wallets. It remains to be seen. On ledger, it would use a slight amount of XRP to move. XRP will always be the most efficient way to move value

Third, yes, issued assets on the XRPL - assets with a counterparty risk-can be frozen by the issuer. You could freeze counterparties that fail KYC/AML. But not XRP! XRP can never be frozen as the native token with no counterparty.
xrpl.org/freezes.html

So buckle up; this is what the next few months of #XRP twitter will be full of. It's interesting that with wallets, Ripple is approaching tokenization similar to Stellar's scheme, only with real world liquidity and partner use on the open market behind it.

Exciting times. As money transmitters; Novatti, FlashFX, Tranglo, DeeMoney, etc., grow and find themselves as liquidity hubs, it will be interesting to see if banks begin to push back.