Crypto analyst Edo Farina shared insights about Ripple and XRP, emphasizing their deep historical roots and potential impact on the future of digital currencies.
History of Ripple and XRP
Ripple was founded in the early 2010s, but the ideas behind it have deeper roots. Edo Farina claims that the first version of the network, RipplePay, was created in 2004 by Ryan Fugger. It is also noteworthy that the trademark 'Ripple Communications' was registered back in 1991.
Connection with the Fugger Dynasty
According to Farina, Ryan Fugger is linked to the Fugger family, one of the most influential banking dynasties in Europe during the 16th century. Jakob Fugger, a key figure in that family, was known as 'the richest man who ever lived,' financing royalty and controlling major silver and copper mines.
Current Prospects for XRP
Farina believes that XRP is not just another altcoin but part of a long-term plan that could reshape global financial systems. However, it is important to remember that historical connections do not guarantee XRP's success in the financial market. What matters is how Ripple continues to develop and create real use cases.
The history of XRP is much deeper than most people realize, but that does not necessarily mean it will become a dominant force in the global financial system.
