Class of 2021, lecturing @scottmelker is comical af. đ
Remember when I said 99% of people in crypto donât actually understand crypto? Well, this is exactly what I mean.
The question, âWhatâs the current pitch for XRP?â completely misses the point. The value proposition of XRP isnât a temporary pitch â itâs foundational. XRP serves the same core purpose that many of the top cryptocurrencies do: itâs the native form of value and security layer for the distributed ledger it operates on.
Just like Bitcoin or Ethereum, XRP functions as a counterparty-less, non-issued asset â a native source of liquidity that enables decentralized settlement. The XRP Ledger literally cannot exist or operate without XRP.
What makes the XRP Ledger strategically positioned among top blockchains is its combination of speed, scalability, and interoperability â along with its connections and design choices that intentionally limit unnecessary complexity. Rippleâs payment products are a clear example of how real-world assets â stablecoins, tokenized assets, or native crypto â can move and settle across decentralized rails with XRP at the center.
But thatâs the key: the decentralized rails. They donât exist without XRP. Stablecoins and other issued assets only inherit their âinterestingâ qualities from the networks they live on. XRP, on the other hand, is integral â not derived.
So when people compare XRP to a stablecoin, or ask what its âpitchâ is, they reveal that they donât grasp the fundamental distinction between a decentralized native asset and a centralized fiat representation. That difference is the very essence of the crypto industry â and itâs the reason XRP continues to matter.
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