@PowerWordChill It's more about an opportunity to make a trade instead of investing for the long term. It's something for the gambling portfolio. I agree with you in the long term. However, as is the case in the crypto world, the coin doesn't always need a functioning business case 😉
@PowerWordChill There are several banks that work with Ripple for international transfers and thus also generate volume in XRP. Ripple is also currently working on partnerships for a stable coin. So it may not be the most exciting crypto project, but the potential is there.
@PowerWordChill A colleague who works with various banks once told me that the Ripple network is already being used by many banks. But I can't tell you any more than that. It remains speculation, of course.
@PowerWordChill Well, here in Austria we live by the motto: That's how we've always done it, and that's that. After that we would still light a fire with a wooden stick...