Thread by @darwonboy

With the rumours of Ripple possibly moving to London getting around, my mind started ticking over. Imagine this as a scenario:
SEC succeeds in classifying XRP as a security in the USA and Ripple moves to London to continue their business.

JPM coin becomes the wholesale US dollar CBDC and USDC becomes the retail facing digital US dollar.
Both of these US Dollars only function within the "walled garden" of the USA and any other country that decides to use the US Dollar instead of their sovereign currency.

All other countries develop their own digital dollars that also function only within their own countries "walled gardens"
The cbdcs and retail digital dollars run on iso compliant blockchains within their walled gardens.

The XRPL connects all the walled gardens together.

The XRPL, being a "public good" that is also, at its core a giant DEX utilises on demand liquidity, liquidity hub, pathfinding and oracles like flare network along with Quant to mobilise the tokenized value on the planet and make every tokenized asset instantly exchangeable.

This results in the SEC getting a big win and potentially temporally crashing the price of xrp and scaring retail holders out before Ripple moves to London and only accredited investors and institutions being able to buy back in to xrp.

The destruction of Luna shows how easily a big project can be smashed apart but it would be very easy for XRP to come back once all the retail holders are gone and have its price increased to a point where it would have the ability to truly handle "all the money".

BTC remains as digital gold and eth2.0 become "web3" smart contracts provider. Btc and eth are critical for the success of the XRPL as the xrpl needs their liquidity and tang pairs to be able to help it function properly.

"Trading pairs" not tang pairs lol

Don't take this to seriously, it's just the musing of a curious mind

#XRPL #XRPCommunity #ISO20022