I bought into XRP last year at $0.33. I'm a long and a believer. I think that Ripple Labs has the potential to change the global banking system and provide efficient, timely cross-border money transfers to help facilitate the growth of the world economy. The XRP token isn't intended to be volatile in price, otherwise the cost of carrying out transactions would have no consistency, and thus make it more expensive for banks and businesses to move money. XRP's price needs to be higher, just to stabilize the "value" attached. Making money transfers consistently cheaper will lead to higher volume of transactions, and therefore, more money to Ripple Labs in revenues, and wide acceptance of XRP as a digital token to facilitate more trade!
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Great Insight, thank you.