Could XRP Be Managed Like Oil?
For years, XRP has been making headlines in the crypto world: part lawsuit survivor, part payment rail, part speculative asset. But now, a new comparison is making the rounds: could XRP’s future look a lot like oil’s?
That’s the question posed by analyst Brad Kimes on Paul Barron Podcast, who says the token may one day be managed in a way similar to the way OPEC oversees crude markets. The idea isn’t as far-fetched as it sounds.
A Page From OPEC’s Playbook
Oil producers have long balanced supply and demand by opening and closing the taps. When prices run too high, governments can also lean on strategic reserves, flooding the market to cool things down. The result: a commodity that is global, essential, and tightly managed.
Kimes sees echoes of that in XRP. Ripple, which created the token, still holds a massive escrow of coins. If released gradually and strategically, he argues, those reserves could stabilize price swings, creating a...