Ripple bought G-Treasury for roughly $1 billion, a company that Palantir uses. The speaker sees it as bullish for XRP if partners adopt the token, but notes Ripple funded the deal by selling XRP, so it's a waste if they don't.
Okay, so I just found out that the company that Ripple bought the other day for a billion dollars is G-Treasury. And look who actually uses G-Treasury? Palantir. And Palantir is Peter Thiel. Peter Thiel is one of the most powerful men on earth right now. Secretly, he's who you really should watch, not Elon Musk. I don't think people realize how bullish this purchase for Ripple actually was. Now, of course, They are using money that they got from dumping XRP on mine and your head. But if this acquisition can create a more thriving ecosystem for XRP and eventually all of these partners and companies will use XRP, then that's good. But if they don't end up using XRP, we just paid for their new acquisition.
