[1/🧵] Tokenization, Ripple, Hidden Road & XRP!
A lot has happened in the last few days, and I feel like people don't really grasp the magnitude of what this means for the XRP Ledger. 🤨
Let's take a look at some numbers & address the topic from my beloved "1%" perspective. 👇
🚨 The XRP takeover has begun 🚨
11 asset managers. Over $240B AUM. And now they all want a piece of the XRP pie.
They ignored it. They laughed. They fought.
Now they’re lining up with ETF filings like it’s gold rush 2.0. Get ready for the institutional $XRP era.
@dark_horse try sending $700M worth of RUSD on Ethereum for less than a penny...oof
here ill make it easier for you to understand with smaller amounts and a visual reference...
try moving even $1,000,000 worth of RUSD on Ethereum for ANYTHING even close to the value of $0.000015 XRP...ooof
@XRP_investing the grounded investor holds no emotional ties to an investment asset as their decisions are unwavering..
only thing we are tired of is the lackluster opinions of wanna be influencers shilling shite & wildly vacuous assumptions
When it comes to XRPL my opinion is that the vast majority of people in crypto misses a critical point about its design.
It’s fundamentally designed to maximize liquidity when swapping between assets on XRPL (both issued assets and XRP).
This is the ledger’s *superpower* so to speak.
Path-finding, autobridging, the DEX & AMM all combined gives the ledger its superpower.
Importantly, all these features are NATIVE to the XRPL. They’re not L2s, as in some other chains having similar features.
Why am I mentioning this?
Recently, we’ve seen a fantastic development of mainstream financial institutions telling us that public blockchains are the future & that private blockchains are missing some key features that can only be satisfied by public blockchains.
A critical piece of the puzzle other than its open and transparent nature of public blockchains being LIQUIDITY!
And as I mentioned first XRPL being purpose built for this task and XRP being the natural bridge on XRPL thanks to autobridging (looking for XRP liquidity first in a swap). All blockchains are not the same.
It’s amazing to me witnessing the foresight of the original architects of the XRPL and how it’s slowly coming into fruition. Similar to how we’re now told tokenization is the FUTURE and how Trillions of $ will be tokenized on public blockchains.
XRPL was the FIRST public blockchain with tokenization.
Just read what Quant said in a blog post a few months ago, down below. 👇
@elonmusk “Great spirits have always encountered violent opposition from mediocre minds. The mediocre mind is incapable of understanding the man who refuses to bow blindly to conventional prejudices and chooses instead to express his opinions courageously and honestly.”
― Albert Einstein