Before reading this article, I need to put up this disclaimer: I’m not a financial advisor, nor am I a lawyer. I am an avid learner and a persistent researcher. Everything I wrote down below, is an accumulation of ideas, interpretation of information and events, and thoughts of how this could make sense. Enjoy.  

This is a journey, a 33-year-old journey, that was rushed in its last chapters.

We start our journey in the year 1988

On 9th of January, 1988, the Economist published an article with the name “Get Ready for a World Currency” (please try to find the article online and read it, it’s a 3 pager, full of shocking information about the new world currency that rules them all – I will be writing an analysis of the article next, so please you don’t have to even look for it or analyze it).

After exactly “33” years from publishing that article to the day, the world will start the year 2021 with electronic wallets, electronic payments, and Central Banks’ Digital Currencies. Call me a conspiracy theorist, but whoever wrote that article sure had a clear view of what the future held for us. The article suggested the world currency was called the “Phoenix”, which is a bit odd. The phoenix is a bird that regenerates or is reborn after is thought dead, but the article, at the same time, was talking about a very new innovative world currency. Yeah I hear you: How does this relate to XRP? Maybe you need to kill XRP before it regenerates and gets reborn from the ashes? Maybe, just, maybe.

Now, I don’t know how well you understand BTC, ETH, XRP, and other cryptos and how they function, but it’s easy to say that the XRP blockchain (and XLM for that matter) are different than the rest of the cryptos. As you can mine almost all other cryptos, XRP and XLM are not minable. They don’t require energy and intensive computing power to crypt new blocks into existence. In brief, XRP is a much greener cryptocurrency than the rest, whether we like it or not. When was the last time you heard about global warming and environmental disasters? I bet you all did, within the past few days.

So, XRP is one of very few environmentally friendly cryptocurrencies.

Does the US Government want to bring down the company that developed the only cryptocurrency that brings the American financial innovation to the leading financial seat in the world? I don’t believe so. But what if XRP was meant to be the world

The US will surely want to be the world leader and developer of this new world currency (the Phoenix, XRP, whatever you want to call it. In no way here I suggest or imply that XRP is not fully decentralized. It is surely completely a decentralized blockchain.

The utilization of XRP in the payments and banking systems is not something that we can disagree on. Ripple was and is very vocal on the topic, the CEO of Ripple, Brad Garlinghouse appears in photos with the IMF, WEF, and Banks, to name a few.

No cryptocurrency came close to facilitating payments, on demand liquidity, frictionless financial transactions, banks and financial institutions more than XRP.

Furthermore, XRP was never meant to be a retail coin. It was designed for financial institutions specifically, and selling it to retail investors was just a testing stage, to make sure that when the time comes, it won’t have any issues or problems. Look at how ETH, ADA, and other blockchains are suffering during their still continued development. XRP is active, the blockchain is fully functional, updates are simple and effective.

So, we have a currency that keeps the US financial dominance over the world, that is much greener than the rest of cryptocurrencies, and that provide a real tangible utility in the world.

But how can XRP be killed and reborn again? Here is my take on whoever planned the events from the announcement of the Flare Airdrop, to the downfall of XRP after the SEC lawsuit. The Flare tokens are just a way to compensate XRP holders for the pain that would come next. This is a 1:1 ratio airdrop, which honestly did not make any sense to me. Why would an airdrop be 1:1?? But when you think of Spark tokens as a means to exchange your XRP/compensate you for your losses, then it becomes more logical why 1:1.

So now, we have the airdrop announced, the snapshot taken on December 12, 2020, and the next step is to bring XRP down and “kill it” by the SEC case against Ripple and two of its heads. The SEC case shook the market, XRP started bleeding, it fell down more than 73% to the date of this article from its last high in November 2020. XRP, now dying, gets further stabbed by delisting it from exchanges, one after the other. I believe it will go sub 0.1 dollar soon, but when this happens, most probably it will be hard for us to buy it as it will be delisted from most exchanges.

When the last of the XRPs is repurchased back by the powers that be, it will rise from the aches and the Phoenix will spread its fire wings again. It will be distributed to its planned customers, the financial institutions and banks. Its price will most probably go up $1.000 or multiples of it (you might ask how I got this number. Simply, there are 100 Billion XRPs in existence, and the World GDP is 80-100 Trillion, almost 1000-fold or multiples of it.

So, to sum up, why I think XRP is the Phoenix?

1. It is the only crypto that is meant for financial services and financial institutions from inception
2. It keeps the control of the financial systems within the US
3. It ticks all the points that the 1988 article discussed, without a single fail
4. It is way much greener than 99.9% of the cryptocurrencies
5. It should die before it comes out from the aches as the 1988 visionary article described it

What next?

1. XRP will be fully reborn and set as a world currency “the Phoenix” before the end of 2022 maybe even 2021
2. Governments will crack down on many of the cryptocurrencies, especially those that are based on the Proof of Work, from the environmental angle
3. XRP will be distributed to the retail users with its price set at $10K per XRP, and it will be the currency that you buy your grocery or car or even house with, after it shows the speed and agility compared to the national currencies

Is XRP Dead? is: It should die, to become the Phoenix

Thanks for reading and I will be happy to answer all your questions.