The main reason governments offer patent protection is to spur innovation. However, the size of the R&D stimulus from patent security is far from clear since it depends upon how effective patents are as a system for appropriating profits. Drawing on real options investment theory, this paper highlights one mechanism by which patents may improve appropriability and stimulate R&D investment: patents decrease the effect of market uncertainty on the firm’s investment decision. We find that firm-level R&D investment falls in response to higher levels of doubt, but that patent protection partly mitigates the influence of doubt.

In December 2017 Ripple positioned 55 billion XRP in escrow and will to push out a maximum of 1 1 billion XRP monthly until the entire supply is in the market one day. This will change the amount of XRP in flow over time radically. The implications of such? The point at which the way to obtain XRP fulfills the demand of the marketplace will change regularly and will lead to a continually moving equilibrium price. However, it’s also true that with every single transfer of XRP, a little amount of it is shredded permanently, decreasing the supply over time and which makes it more valuable slowly.

At the outset I mentioned that it’s easy to produce a reasonable price limit prediction if we’re only considering XRP’s value as a bridge currency for cross-border transactions. What I didn’t mention until now is that I believe it’s silly to think about the potential of XRP solely in such terms.

How a lot of you have considered that to day, XRP’s primary use is as a store of value? That the greater part of XRP in blood flow is not currently kept by financial institutions. It’s held by people like you and me: speculative investors. Bitcoin is currently being treated as a digital version of gold, so why can’t the same be true for XRP?

  • People who aren’t actively taking part in meaningful economic activity
  • 10 years back from From Berkeley, California
  • Attend Auctions
  • Data on Primary Market

It’s my contention that as demand for XRP soars over time, people shall address it like they treat platinum. Day soar to the trillions I think that the market cap of XRP will one, supplanting Bitcoin of it’s current position as the main digital asset in the world. What could that mean for the worthiness of XRP?

The variety of real world use cases for XRP is apparently endless. Imagine if major credit card companies used XRP to settle their transactions? A couple weeks ago, a blogger called “Crowd Conscious” wrote a piece in what would eventually the worthiness of XRP if Visa & Mastercard jumped on the Ripple bandwagon.

The party doesn’t stop there. Ripple lately announced that 3 from the 5 largest money transfer companies in the world have focused on using XRP. Times following this announcement it was verified that one of those ongoing companies is Moneygram. Western Union & PayPal are two additional names that have been floating around as potential early adopters of XRP. Be patient; time will show all business entities that intend to team up with Ripple and utilize XRP. In reality virtually any ongoing company that is transferring money might use XRP to settle payments, which explains why everything I’ve discussed in this particular blog entry is merely the tip of the iceberg.

Imagine if companies like Amazon, Walmart, Uber, and eBay began using XRP. 1,000. Not that I really believe this is often how things will play out, however the point of the exercise is to help people to understand that we have barely scratched the surface of the use instances for XRP. As a result, I believe that the average trader does not have any earthly idea of the potential of what they just threw their money in.