How I Explain XRP and its Utility: What You Need to Know

I frequently find myself in discussions around digital assets with professionals that are looking to diversify their portfolio outside of legacy markets. This video goes over how I typically explain what XRP does and how it can be used to provide utility and value to the economy as a whole in the long term.
#xrp #xrpnews

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[blockchainbankers]

Thanks for this… I no longer have to explain this at ad nauseam and can just direct people to your video. 🎉

[oklahomanpointofview]

Thank you sir!!, I have watched this video 3 times now, I really appreciate the way you break this down!

[Keith_X]

Jake explaining email like it was part of the Wild West. 🤣. Guess I’m just old cause that seems like a few years ago… a few… like 30. 😳

[Toby_Gomez]

Really good breakdown man, thank you.

[Kristofforify]

I've been looking for this kind of explanation for some time. Thanks!

[tubeeli]

Once everything is tokenized and liquidity is flowing constantly every single day in XRPL, definitely the value of the token increases to facilitates all transactions and it can't be dirt cheap according to ripple CTO, 5 digits price on xrp is not impossible whatsoever not financial advice, thank you for this video, i hope it will reach many more people and help them understand how this technology works.

[gouthamab]

Better late than never... great video Jake 👍 you explained it well.

[mpwalshjr]

This is our generations “oil”. Insane wealth by 2030 imho. 🔥🔥🔥 content

[WhyIsEveryoneInsane]

Jake, thank you for the content and education!

I hold XRP, HBAR and XDC. I plan to sell 75-80% of my HBAR in 2025, but I’ll hold all of my XRP and XDC for 2030 and beyond, assuming we will have opportunities to lend and earn interest on them at that point. I truly believe we are all fortunate to be early and awake while everyone else is asleep and thinking this is all a big scam.

[clarewithrow]

my 4th listen through. Great reminder. Thank you @JAKE

[kirksmith]

Hey! Just wanted to say I appreciate your videos so much…encouraging to now have insight on how to position with key folks for creating wealth and having resources working for me.
God bless you and your business!
K

[Kurtmoya]

Nice video to help give clarity for those that may have doubts

[clarewithrow]

Brilliant Jake!!! I am showing this video to my hubby ! Wish me luck 😂❤️🙏

[vilarcarbu]

I think is a very good explanation, thanks! I have a question though, why BTC can't replace these many transactions that you were talking about? Using layer 1 for big transfers and opting for layer 2 for small transactions

[yaroslavmantsevich]

Nightriders and boys club are solid bets.

[tobyncummins]

Wow this guy looks like a flattering hybrid of Blake Griffin and Richie Cunningham!

[bobdylan]

Dtcc digital assets has ties to xlm xdc and xrp. Im buying all 3!

[paulcormier]

Just seen u on tic toc live the absolute best explanation thanks

[itsmrwallace]

BUT....ODL doesnt boost price tho (Ripple have confirmed this) so how does the price go up with such a massive supply?! The only thing i can see that might help is the XLS30D AMM update coming this year...if that doesnt do it then maybe the Burn rate increasing might...?

[monarchyinternationalrealt]

Jake, thanks so much for putting together this very informative video. I would like to ask your opinion about the following scenario; Let’s just say that because of the money 💴 printing there will be a melt up (as you know the effects of money printing take a year 1/2 to be felt/seen and after that we go through a sudden price drop or a melt down if you will, but at the same time every Bank is ready to use XRP. Do you think the price of XRP will go down once again or to the actual levels ($0.50) that we have today ? Or do you think that the flip of the switch will keep the price high and stable? After all, the CTO has even mentioned that the asset “can’t be dirt cheap”
Your reply would be greatly appreciated !!! Thanks again !!! Cheers 🍻