Ashish Birla stated that On Demand Liquidity Line of Credit is growing rapidly and currently Ripple is funding those loans from their own balance sheet. As the ODL line of credit grows they will incorporate Flare Network Defi solutions to open up lending to others. This is a multi trillion dollar problem that Line of Credit and Flare Network Defi could solve.
In 2017, after a 3 + year long bear market Bitcoin regained its previous all time high and proceeded to run off 20 X growth. If XRP matches that growth it will be valued at $76. Due to drivers of value its very possible XRP will far exceed those metrics and hit triple digits.
Peter McCormack took out a 46K loan at 7 percent interest to invest in 2.55 Bitcoin. Was this a good decision or a mistake?
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