Ripple's Infrastructure Gives XRP the Advantage in Blockchain Adoption
Edo Farina, an XRP investor, explained why he continues to choose and buy the asset, highlighting Ripple's existing financial infrastructure and its potential role in future blockchain adoption. According to Farina, Ripple has built connections between towns and cities through its infrastructure, similar to how roads allow people to travel more efficiently.
He compared this situation to financial institutions and blockchain technology, stating that Ripple has developed infrastructure to help banks connect and move value through RippleNet. XRP is then seen as the car that could travel on these roads, becoming important as blockchain adoption expands.
The speaker acknowledged that banks and institutions may use RippleNet without using XRP, but questioned what would happen if the financial system increases its use of blockchain-based assets. He suggested that institutions could eventually choose XRP if they need a digital asset that can operate within a Ripple-developed financial infrastructure.