Thread by @camdenjamesweis

The $XRP Pricing Enigma, a 🧵:

First and foremost.. in my opinion XRP isn't crypto. It's something different.

It's Halal compliant. It's Sharia compliant.

XRP is part of the network on which the world's transactions will inter-exchange.

This means that XRP forms the point of reference for all kinds of exchange swaps: not just currencies but assets, stocks, financial instruments, business governance, etc.. will be interchanged via this base layer aka the #XRPL.

As of August of last year "Money in the form of investments, derivatives, and cryptocurrencies exceeds 1.3 quadrillion."

Regarding XRP, there's only ever going to be 100 billion tokens, and each transaction decreases the total number.

The more people use the network the more valuable it becomes, not only from the network effects of collaboration ON the network but also via shared ownership of network via direct token ownership.

When you buy XRP you're swapping inflating US debt based currency for direct appreciating ownership of the network. Your XRP will form the basis against which all exchanges reference, and the network itself values XRP based on number of transactions.

More transactions means higher XRP value even if no new money enters the network.

So, here's the secret.. Ripple watches the water (IYKYK).

The network is inside a ML net: Ripple can flood the market with new tokens (within the escrow contract release parameters) to match growing use. This keeps the price low to keep the gate down for institutions to get themselves across the bridge.

If more people start using XRP and the value starts to increase Ripple can balance by adding new tokens as they only have ~50 billion in play right now.

It's a scarcity engine that benefits the earliest adopters because you are doing your currency swap at the same time as the whales are slowly but surely moving onto the network.

Here are the fundamental questions folks need to ask themselves:

How many transactions occur within the airline industry alone? How many occur within the stock market alone every day? How many of those transactions will be on the network?

Banks are constantly moving money around.. the money is not static.

As it flows all ~1.3 quadrillion passes throughout the network and increases the value of the network each transaction, that ~1.3 quad could turn over multiple times per week... or month..

Perhaps a better question than "how much money is there in the world" is "how much of all the money in the world moves everyday?"

1 million sitting in a bank account is invisible however 1 million transacted a million times is a large amount of money movement.

If each transaction is increasing the value of the network then network owners gain extreme long term power. The liquidity providers of the new era..

This is why there's practically no money sitting in bank accounts LOL.

The limited transparency surrounding undisclosed esoteric insights and theoretical constraints, coupled with the current dearth of public knowledge, presents significant challenges in accurately predicting the future price once all elements are fully unveiled and implemented.

Only time will tell on price, but those who are in the know understand the true magnitude of XRP as a digital asset and its paramount importance in the new era we're entering.

This will all become evident in due time.

Enter the Internet of Value. It's not as far away as most think.

(**For Entertainment Purposes Only - Not Financial Advice & DYOR**)