In my country, there are speculations that XRP will be partnered with a local remittance company and thus will help my fellow countrymen who are working overseas with their remittances. Part of me believe that it is not manipulation but massive adoption is the reason why the price increases.
Talking about being totally clueless about crypto. Real Crypto you sent person to person.
What you talk about is sent money to bank - then transfer to exchange - then buy crypto - then exchange to xrp then use ripple which in turn users money transmitter - then the receiver exchanges to crypto - then transver from exchange to bank - then receiver can withdraw,
No wonder the world is in such a mess!
What I was talking about is the adoption of XRP and not how a real crypto behaves in accordance to your way of thinking. I still don't know how will the said system in my country works but if it will be helpful not only to my country but to everyone, then there should be a significant increase in demand. What you said about the process has a sense anyway but I don't think that is the way for this matter. If I really sound so clueless to you, then I can't help it.
that system is definitely not going to be working the way he explained because the exchange fees alone is going to make it not worth the trouble when you can directly transfer fiat through banks.
what you have heard may be about the adoption of Ripple not XRP. which is the technology used by the banks without the token.
