the most common question i get on x is whether price will gradually increase or skyrocket all at once.
the answer is sky rocket at once.
when i was at @Wharton, one of the most important concepts we studied was the tech adoption s-curve.
and if you want to understand how crypto adoption and price action work, you must know how the s-curve works:
1/ new technology always starts slow and remains flat during its early stages
think back to the early days of internet or TV. chances are, only a few people in your circles used them (similar to crypto at the moment).
adoption begins slowly among a handful of early adopters.
2/ adoption grows gradually until critical mass
as adoption grows beyond the early adopters, it reaches the critical mass phase.
this is the tipping point where the technology gains enough users that its growth becomes self-sustaining, shaping the upward trajectory of the s-curve.
3/ steep upward acceleration
as adoption grows and network effects take control, the tech accelerates rapidly throughout society and captures a large segment of the population.
as adoption progresses along the s-curve, the exponential surge in demand coupled with limited supply will drive prices exponentially higher.
just like you won't find anyone who doesn't use the internet or TV today, in a few years you'll be hard pressed to find someone who doesn't use crypto.
@easya_app is at the forefront driving this mass adoption.
Sounds like clarity is coming either way:
1. 60+ votes in the Senate on September 15th
2. Or a new set of rules from the CFTC and SEC on September 16th
Now it gets really serious on the XRPL.
Institutions are coming on to the XRP Ledger for borrowing and lending amendment with clear commitment. Not a "maybe" or "perhaps". It's happening.
Clearpool provides the infrastructure (Permissioned Vault), Cicada provides the credit expertise (Loan Broker), and Ripple provides the capital (Depositor).
and the borrowers are FinTechs ๐.
Supply capital, earn yield, supply more capital -> Flywheel effect of compounding.
All on XRP using XLS-66 (Lending) and XLS-65 (SAV) features, XRP as native settlement asset across the flow and for fees / reserves.
More usage of the XRP protocol feeds the activity engine. Amazing to see this upcoming and next up is a demo of those flow!
JUST IN: ๐ฐ๐ท Jeonbuk Bank becomes the first regional bank in Korea to deploy Ripple Payments, replacing multi-day SWIFT transfers with near real-time, 24/7 cross-border settlement for its business customers.
๐จNEWS: Rupert Lowe has offered a deal with conditions to Nigel Farage to unite together and destroy the establishment
Taking back our country for patriots once and for all
I'm not a racist. I'm a culturalist
I believe some cultures are superior to others
For example, I prefer cultures that do not encourage wife beating, paedophilia, clitorectomies, stoning and constant inflation of the male ego
I am also aware of the difference between Islamoscepticism and Islamophobia
Notice that hate does not come into this
Only moral preferences