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Different counterparties. If I buy XRP from you, it’s absurd for me to believe Ripple will use the money I just gave you to improve the XRP ecosystem.
by junofan 3y ago
Different counterparties. If I buy XRP from you, it’s absurd for me to believe Ripple will use the money I just gave you to improve the XRP ecosystem.
- trog 3y agoHmm, I guess that makes sense - I had forgotten that 'institutional investors' were probably buying direct from Ripple. But if I tie it back to stocks, I guess I see institutional investors here as the ones buying at IPO, but individual investors are buying from each other on an exchange are still buying 'securities', are they not? Maybe they just are not that analogous.
- omarfarooq 3y agoSo what if Ripple listed the XRP for sale through the orderbook?