The world does not yet understand the full value of Ripple XRP, according to the head of FlashFX Nicholas Steiger. Ripple XRP is a fairly popular digital asset nowadays. Many organizations are actively implementing Ripple XRP in their ideas. However, all the prospects of the Ripple XRP have not yet been evaluated. There are certain skeptical opinions regarding the Ripple XRP and its place in the digital currency market. Gradually, consumers will be able to realize the importance and value of Ripple XRP, but it takes time to pass. This is also confirmed by the head of FlashFX, Nicholas Steiger, who emphasized in the new Question-Answer event that the world does not yet understand the full value of Ripple XRP.
The world does not yet understand the full value of Ripple XRP: Details
The world does not yet understand the full value of Ripple XRP, as stated during the event. Question – Answer in the XRP chat, FlashFX head Nicholas Steiger. FlashFX is currently actively using Ripple ODL technology, that is, on-demand liquidity, which works in conjunction with XRP, which is used to convert from one fiat to another. Responding to user questions, a FlashFX spokesman noted that the Ripple XRP is an undervalued digital asset.
However, as Nicholas Steiger pointed out, this attitude to the Ripple XRP cannot be called bad. Gradually, markets will gain an understanding of what the Ripple XRP can achieve. This, accordingly, could lead to the massive adoption of Ripple XRP, as previously stated by the head of the department of institutional markets at Ripple Bryn Madigan. Event Question – The answer was organized after Nicholas Steiger gave an interview to the famous video blogger and supporter of Ripple XRP CryptoEri.
Regarding the increase in the cost of Ripple XRP, the head of FlashFX emphasized that there will also not be any sharp moments here. On the other hand, the FlashFX representative is directly thinking more about how to efficiently use Ripple XRP and liquidity on demand. When Nicholas Steiger was asked what growth could be expected from liquidity on demand in the next five years, he emphasized that there was great hope that RippleNet would be expanded to provide two-way ODL flows to all available endpoints.