XRP is attributed a bright future by many. That was different for November, when the digital currency recorded around $ 0.50. Only two months later, in January, the project reached a local peak of $ 3.39.
The performance has put the coin back on the map. And that has not gone unnoticed. He makes a daring statement and calls XRP the successor to the dollar.
‘XRP is the future’
Aljarrah shared a striking graph in a recent X-post. The devastating devaluation of large fiat coins compared to gold can be seen in this. The graph shows how since 1971, the year in which the US has disconnected the dollar from gold, all important currencies have lost more than 94% of their purchasing power.
The data that the Black Swan founder shared from LSEG, Miningvisuals and Incrementum AG make this painfully clear. The US dollar is now at a value of 1.06, which means that it has lost 98.94% of its value compared to gold.
The once dominant British pound is doing even worse and has dropped to 0.58. The Swiss Frank is best standing, with a value of 5.15, which means that it performed five times stronger than the US dollar. This is less surprising since the Frank still had a gold cover until 2000.
Time for change
It is high time for a fundamental system change within the global financial system, says Aljarrah. His message is clear: “XRP is what follows on the dollar.” According to him, XRP offers a solution for a number of stubborn structural problems.
This includes continuing inflation, monetary mismanagement by central banks and the loss of trust in existing currency. Where central banks have printed money en masse for years and thus eradicated purchasing power, XRP offers a transparent, fast and decentralized alternative that focuses on efficiency in cross -border payments.
Source: https://newsbit.nl/oprichter-van-black-swan-capitalist-xrp-is-wat-na-de-dollar-komt/
