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The banks don't need XRP to use the Ripple network...
Correct, and you don't need the internet to use the intranet either, but if you want to access the wider world you need to have a vehicle to do so.
Another billion XRP tokens come into circulation tomorrow.
A Billion tokens are released on the first of each month....
Likely nothing. The order of possibilities is as follows:
A) The billion XRP is sold off at a wholesale price to institutions for testing and implementation purposes and there's contracts preventing sale on the open market. It never touches the exchanges.
B) Ripple hold onto the billion XRP for future use. It never touches the exchanges.
C) Ripple suddenly decides the hundreds of millions they already have in cash from ongoing XRP sales is insufficient and they dump 1 billion XRP on the open market thereby taking the price and costing them the credibility they've achieved. It touches the exchanges and Ripple totally kill their vision for the next 55 months worth of gradual XRP releases.



