Report post

How much would it cost to buy back XRP?

XRP’s 100 billion tokens would then replace the entire monetary supply for the world. Vallee calculates the buyback rate for XRP between $37,500 and $50,000 per token! This theory is entirely speculative with little real supporting evidence but it's a great example of what passes for research by online influencers.

Will the Fed buy XRP?

The Fed buying XRP wouldn’t alleviate or resolve national debt crisis. XRP is a digital currency not the USD. The debt crisis can be resolved by less spending and paying off debt. But, our government won’t do that as they keep borrowing off the backs of the US Taxpayer.

Will a buyback of XRP solve the national debt crisis?

It has been widely reported that if the Federal Reserve did a buyback of XRP, it could solve the national debt crisis. However, I’ve never heard or a read a follow up to that claim explaining the rationale. Any insight would be appreciated. Define "widely reported". First I've ever heard of this too. Cleaning lady mentioned it..

What is XRP (XRP)?

See the XRP News, what XRP is, and how XRP is now backed by gold. Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company.

The World's Leading Crypto Trading Platform

Get my welcome gifts