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My biggest XRP supporter friend keeps telling me that for XRP to be used at scale in global cross-border payments (Fed-related projects, Ripple's enterprise ambitions, etc.), each $XRP token would need to be worth around $1,000 or more.
His argument: market cap doesn't matter—liquidity does. At $1 per XRP, the system supposedly wouldn't have enough liquidity to move the volume of money Ripple envisions, but at $1,000+ it could.
I've heard this claim multiple times, but I still don't fully understand it.
Can someone explain this in simple terms? Is there any truth to the idea that XRP must have a very high price per token for large-scale settlement to work?
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