2013 Ripple brochure compared XRP to gold, researcher says asset undervalued
Photo: CoinTurk News
A 2013 promotional brochure from Ripple Labs likened XRP to gold, describing the digital asset as a “counterparty-free” vehicle for transferring value within the Ripple network. The historical document, recently shared by crypto researcher SMQKE, provides insight into how Ripple originally introduced XRP and its intended function during the early stages of the XRP Ledger’s development. The brochure, titled “XRP as a Vehicle Currency,” features language highlighting XRP as similar to “gold in your hand.” Ripple Labs—the technology company behind the XRP Ledger—specified that XRP operates without a counterparty, distinguishing it from traditional currencies that require an issuing entity or…
Source: CoinTurk News
