- XRP analyst believes XRP could be the “new oil” of the financial world.
- He compared XRP to oil’s effects in easing friction and driving growth.
- Also, he noted that XRP’s current value might not reflect its transformative potential.
In a recent tweet, XRP analyst Digital Perspectives PermaBull argued the potential of XRP as a transformative asset in the emerging financial landscape.
The influencer drew parallels to the historical role of oil as the underpinning for the US dollar’s dominance after the gold standard. Then, he highlighted the utility that XRP could bring to the table for the fourth industrial revolution.
The World Needs A Solution:My thinking is this,if oil was the underpin for the USDollar after the gold standard,Oil has utility. The kind of utility that has fueled the world`s growth and supported the USdollar dominance to where it is today. That asset oil,in and of itself is… https://t.co/LC1rSDsiGX— Digital PerspectivesPermaBull