How will the price of XRP move to higher levels?

This is one of the questions I keep reading and what I am asking myself continuously. It's really a tough question to answer, because what is happening right now in front of our eyes, is unprecedented!! (Remember this)

Depending on which group you will ask within the #XRPcommunity, you will get different answers. I've mentioned that I've grouped the community into 3 groups:

• The Techies
• The Riddlers
• The Conspirators

Please don't be offended with the names I'm using for these 3 groups :–)

Starting of with The Techies.

Their view towars adoption, is that it will be slow and steady. Growing the ecosystem takes time and is a delegate process. The payment rails needs to be put, market makers should be there, nobody is willing to pay for the slippage, in short

“its a long run and we just barely started”.

The Beta in me, says this could be correct.

While The Riddlers .......

are seeing a disruptive price increases of $10, $50, $100 a day, flying over the $589 EOY 2018 prediction of BG123. The switch will be flipped, volumes will increase, financial and retail investors will FOMO massively, which brings extra liquidity, thus extra use-cases, thus more room for bigger transactions, the Sky is Not the Limit.... we will go to Infinity and Beyond, forget about the Moon!

This puts a smile on my face :–)

As I love to dream.....

To summarise: 👁💥🚀

The last of the three, The Conspirators .....

would tell you that overnight the system as we know it would be replaced, XRP hits $10.000 instantly, all Global sovereign Debt's will be erased and a NWO will arise from the ashes like a Phoenix. The world powers as we know it, is gone and replaced.

This definitely also puts a smile on my face.......

(For both reasons :-p – the insanity of the idea and the impact of what it would mean for my XRP bag)

Summarising this would be like: 💥💥💥🚀🤯😱🥳🤪🤨😱🤬💋🚀

So, I am a mixture of all the above, it isn't easy and there is no one clear way of how it will play out.

The one thing that is obvious and has the MOST impact for the XRP'utility to kick-in and drive the price up, is regulations!

Nothing will move until regulation has been set, agreed and approved upon! With this I mean,

• How DA's will be treated (security, asset, commodity or something new).

• Taxes, DA's are not limited to borders and are a global phenomenon. Therefore it is important that “every” country agrees on key points of “How To Tax What and Where”. This has been discussed by the G20 / B20 and an agreement hasn't been confirmed publicly as to my knowledge (only the draft was okayed) I even want to say that during the UN assembly next week an important milestone can be set (you might want to look into SDG’s)

First some facts!

Lets try and make some sense and paint a clearer picture.

Which potential factual possibilities are there presently available for XRP to be used as intended:

• RippleNet, the roll out of the RippleNet went relatively quick, because it isn't worlds apart of what the Banks know and are used too. The growth of RippleNet is mainly due to the adoption of xCurrent, which is a highly advanced version of the old Swift messaging board. It uses a bidirectional messaging instead of unidirectional and is only processes Fiat to Fiat transaction.

• xCurrent 4.0 however, allows for XRP be used as easy as flipping a switch.

• There are 200+ Banks who partnered with Ripple (I think it is way more, but you know – NDA’s)

• More importantly there are payment providers like EqueensWorldline, Temenos and SAP which have 1000's of customers under their umbrella.

• There are over 400 exchanges that has listed XRP, of which a 100+ are with fiat pairs in 39 different currencies!

• The partnership between Ripple and MoneyGram gives exposure into 100 different countries.

• There are investment funds for XRP (like at Grayscale).

• Multi-hop, which allows banks that are not on the RippleNet, to use its benefits (which in theory could connect all the banks in the world to XRP indirectly).

• ISO20022, allows for DA's to be transferred in its protocol and this ISO has been adopted as the standard.

• R3’s Corda Settler

• Swift GPI ( 🤭)

There are probably more facts that I've overlooked, but this will do for now.

I've stated that regulation is holding XRP back, for it to unleash its true power as a global bridge asset.

Now lets assume that this obstacle is removed and all things are cleared for XRP (Or DA's in general) and its potential users.

This would mean several things:

- Banks and financial institutions could save cost and time for transferring money.

- Instant liquidity will be available and Nostro and Vostro accounts will be absolute and these Nostro/Vostro funds will be available for use (Double Win).

The first who is up an running with XRP, will be able to offer lower fees to their customer base, which in return will bring in more customers, with more customers they would be able to offer even tighter fees, and repeat from the first step..... <—– You see what is happening here – FOMO on a different scale will kick in!

Of course it isn't easy for the Major Banks to switch from Swift (one of their chickens with the golden eggs) to Ripple, because of several reasons. I.e. They are acting as intermediary banks and are earning a lot of money with this existing construction, they are actually the ones who had set it up in the first place. The world reserve currency is the USD and replacing this overnight wouldn't happen also (probably).

In my opinion the initial utilisation of XRP will initially be done by small to mid size banks who will gain the most of using XRP and from small to mid-size countries/economies who are too

dependent on the USD. This is actually already happening on a very small scale.

Slow and steady or Fast and disruptive, that’s how I started. Where we are right now, before regulatory clarity, XRP is at the mercy of speculation and at the will of BTC (whales), so anything is possible. We have seen an ATH of $3,80 (within weeks) on pure speculation and with far less on-ramps into Crypto compared to today. A new bull run could happen without a warning and would push XRP IMO to $10 and higher without breaking a sweat. We know this speculative nature of crypto, actually this is the only thing we know! Never in crypto history has a digital asset been utilized on a global scale, GLOBAL SCALE!

Quick Google search:

“How much money in USD is there in the world?”

- According to the CIA, the total amount is $80 trillion if you include “broad money.” The US dollar is the most popular currency in use worldwide.17 nov. 2017

https://www.businessinsider.com › h...

$80 Trilion, this is just a fraction of what XRP is set out to replace, let that sink in.

(But please don’t take that total amount and divide it by the total supply, to figure out what price XRP needs to have, please! That is not how it works / or XRP isn’t going to replace all the dollars only cross border transfers 😑)

I mean let it sink in how big the volume of value truly is on a global scale, only with this small example of showing you the total amount of USD bills, let alone other values which are going to be transported/bridged by XRP over the XRPL.

The first thing what we are waiting for is regular clearance of the most simplest way of using a digital asset, which is:

“Sending a digital asset from Bank Alice —> Bank Bob with instant settlement”.

Yes the most simplest procedure a digital asset could be used, it has nothing to do with Smart Contracts, exchanging Securities or Derivatives or any other use cases which will evolve from this creation of pure genius, what goes by the name of XRP – The greatest digital asset which was ever created!!

Time to wrap things up!

My conclusion

When there is regulatory clarity and XRP could/can be utilized, I would expect a regular growth of a few dollars per month accelerating faster and faster, as time passes by and more and more XRP is being utilized. Depending on how many institutions will gradually be ramping up their exposure to XRP.

IF!

We would combine regulatory clarity with a BullRun and some “Wall street” FOMO, all I can say is........

UNPRECEDENTED!!

Thank you for reading till the end :–)

Please show me your appreciation by voting up, liking it and a retweet :-p

Yours truly,

Sidi Charif.

From the beginning I’ve noticed that there’re several groups within the #XRPCommunity, I call them:

• The Techies
• The Riddlers
• The Conspirators

- As a Beta person, I found the Techies first, I needed to understand how it all works (Micro).

- As a dreamer, I was appealed to the Riddlers. Who doesn’t love to dream...

- My curious nature was intrigued by the The Conspirators, and helped me form a bigger (Macro) picture!

It took a while before I found a great mix of the above, grateful that there is a group which works with a mix of all 3.

The Riddlers receives probably the smallest % of my attention (I tell myself), they helped me to think outside the Box (mainly BG123, the others are just too shady for me). But that’s for another time.

Yes, I do connect dots –.. —– – ... and don't wait for official confirmations to draw a conclusion/path for where things are going!

I will always try and envision that chaos like this, can makes sense!

It’s just a matter of understanding the base and seeing the big picture, in order to organize it into a structured and clear way.

I mean, I’m used to “see” dots and to make sense out of them.

Understanding the big picture and the goal, makes you eventually see order in something which comes across as chaos.

So ......Let’s connect some dots.....

I realize that the whole ecosystem which surrounds Ripple and XRP is so big and intertwined with almost everything. Every connection which was announced from before 2017 has so much more behind it, than is shown at the surface.

The first always felt a litle bit off to me....

May 2014 – The FIRST bank that partnered with Ripple was a small new Bank in Germany named FIDOR.

“As an innovator and leader in the banking industry, Fidor is using Ripple to define a new standard for what a bank can be and how it can serve its customers.”

““Being established after the financial crisis in 2009, a new bank has to differentiate massively from other banks and their behavior. Also, the digital word is spreading more and more and banking needs to be a part of it.”

(It just caught my attention, that they were established in 2009, right after the financial crisis 🤔, new Rabbit hole?)

https://www.ripple.com/insights/fidor-bank-ag-the-first-bank-to-use-the-ripple-protocol/

Ripples first partner was a milestone, a first step from theory to practice. (Not only for Ripple, but for XRP/CRYPTO in general)

I do not believe that this happened by pure chance, I believe it was planned. It couldn’t be that from over 10.000 banks in the world, this “start up” Online Bank from Germany happens to be the first? So I searched for a dot to connect it to something bigger.....

Well........

One of Fidor's biggest investor is EquensWorldline, who is A leading pan-European payment services provider.

Definitely not a small player, which would make more sense for them to partner with a FinTech company like Ripple who wants to disrupt the way money /value is being moved across the Globe 🌍.

Having a leading role in the payment branch (or any other branch), makes you very careful with publicly annoucning with whom you are working/ collaborating/ testing with. This secracy, working behind closed doors is done for several reason as you can imagine.

This would be my first Dot conlusion out of meany,

Ripple .... Fidor .... EquensWorldline....

Reading this from left to right makes sense, but would it also make sense reading it from right to left?

I mean, Ripple needs to expand and grow its network in order to get to their goal. So what would be the incentive for EquensWorldline?

It just so happens that EquensWorldline sits in a very important work group, together with ISO, ECB and others.

Their goal: Taking the banking system into the digital world and out of the oh-so-outdated-pain-in-The-you-know-what-Legacy-system a.k.a Swift (my words not theirs).

In order to stay ahead of the Herd, and already knowing where things are going, they quickly found Ripple, same for other early partners of Ripple, and made Fidor their way into the future of payment based on Ripple's tech and the XRPL.

These international enterprises (EquensWorldlin, SAP, Temenos etc), are involved in many workgroups on high levels, to share information and to know first hand what will come.

Just like in a report was mentioned by the Bank for International Settlements in November 2016 that “fast payments are of strategic importance for the long-run modernization of the payment system.”

https://www.bis.org/cpmi/publ/d154.pdf

While writing this Blog, I find it hard to stay on track, because every point has so many depth to talk about or investigate further...

Trying to stay focused, EquensWorldline and others like them were all well-informed and are all ready to provide the services based on ISO20022, “ISO 20022 Financial Services – Universal financial industry message scheme”. Not only them, also Central Banks around the world are gearing up for the next level of payments based on this norm. To name a few, there is Singapore with MAS, EU has TIPS, UK has CHAPS, Australia has NPP....... All Real-time gross settlement (RTGS), based on the ISO20022.

https://www.iso20022.org/adoption.page

Within the ISO20022 there is a “Liquidity Process”, which is also described in the ECB's RTGS system, a.k.a. TIPS, it states that “there is no reservation of funds”. Here comes another DOT, I say that this is where XRP fills in the “no reservation of funds”part, and gives instant liquidity on demand to who ever it needs.

I realize I am “crossing the lake on lilly paths” as Crypto Eri would say, because there is truly a lot of information behind every fact, statement, working group, process. It is hard to imagine that all of this is a natural process of payment evolution. Swift had little to no upgrades in the last decades. What is happening right now is pushed through and nobody wants to be left behind.

Which brings me finally to a Dot connecting Conclusion:

• Software service providers are all ready and most Central Banks are ready with their ISO20022/RTGS updates.

  The Banks that are already on the RippleNet, will have an advantage to all other banks.

• There will be 3 major Utility driven waves of XRP price increases:

  • The first wave will come from the RippleNet members.

  • The second wave comes from those who are connected via Service Providers.

  • The third wave is when Central Banks all around the world will join the revolution.

Don't think by then XRP has reached its maximum accomplishment, there is a whole other universe of payment flows, besides cross border payments. But that my friends is for another time.

#XRPtheStandard #0Doubt

PS: The reason of why XRP hasn't be utilized yet has a few reason, with lack of regulation as the most important one. Thanks to the Conspirators and Riddlers there are many other optional reasons which would explains why this delay is caused, perhaps for another time....

Being a Chemist, I've grown a habit to look into details in every aspect of life.

Where some people would see a house, I would see how the house was constructed.

Where people would see a tree, I would see how the branches and leaves looks like.

By understanding the small (micro) details, I can imagine/envision the big (macro) picture.

In the example of the tree, I would look at what type of leaves it has (micro view) and this would tell me what kind of climate the area has (macro).

The same for the house, I could learn from the doors, height of ceiling, windows etc if it was build in a tropical climate or whatever part of the world.

These are easy examples and not rocket science.

Its just to create a picture that I almost always dissect, analyze and conclude/imagine.

Hearing about Bitcoin the first time, I asked my questions:

What can it do?

Why do we mine?

How and where can I use it?

What added value does it bring?

....

..

.

The answers I received back then, made me ignore it completely, it sounded more like a ponzi to me than anything else.

As I wrote in my first post, I eventually found XRP and this is how I looked at it as chemist, and analyzed XRP's specifications.

First, Micro:

• It is super fast
• It has low fees
• It took the strengths of Bitcoin (Blockchain) without its weakness (mining)
• You can build smart contracts on it
• It is secure
• Its has a professional Team (Ripple) who are laser focused
• Its Connections are powerful, WORLD LEVEL DECISION MAKERS (WB, IMF, CB....)
• Its goal: Making the IoV

(Each of these point could be a blog by itself, so excuse me for keeping it short now)

What could happen with a Digital asset which is fast, cheap, scale-able, has an incredible team and important high level connections, what could be realised?

The chemical reaction from this mixture of supreme qualities is unprecedented!! What is happening right now is history in the making!

This reaction is creating so many byproducts, new undiscovered environments for payment flows.

Like the XRPTip-Bot (always welcome 🙏🏽) and Coil with its webmonitization.

Which brings me to the big picture of what it all could do, Macro:

• Replace the dollar as a world reserve currency

• Transfer value as smoothly as sending an email

• With its low fees, open new possibilities, bank the unbanked

• Create a new and improved Swift

• Micro payments

• Streaming payments

• Make Nostro/Vostro accounts inessential

• ......

• ..

• .

All of this and many more.

The fundamentals & basics are world class, but before I did my research people were literally laughing at XRP because of its 100 Billion supply.

Me too at first, I was like “ 100B XRP that is WAY TOO MUCH, how can the price even increase with such a supply?”. Through research and the amazing #XRPcommunity, I started to understand where Ripple was after with XRP.

I “tried” to grasp the scale of value which XRP wants to bridge as a digital asset, I quickly released it wasn’t enough.

As a concerned investor, I even asked David @joelkatz 😅 (as if they didn’t thought it all true before they set the amount to a 100 billion)

Of course he never replied me! (No bad feelings David)

I didn’t stop there... my mind kept going

“Sooo if the supply wasn't high enough for what XRP is set out to do, that would mean ........... the price should go higher to compensate that, MUCH higher 🤯🤯🤯!!

Conclusion: We XRP holders, are holding a digital asset with supreme technical features and an amazing team backing it.

This digital asset has not been utilized yet, in the way that it is destined to do.

Hold strong, be grateful and relax.

#0DOUBT / #XRPtheStandard.