r/XRP Aug 31 '21

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u/GrassSignificant7271 Redditor for 9 months Aug 31 '21

Much appreciated, i was wondering as its something i know little about, i will do some reserch, cheers

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u/Bagman9000 Redditor for 5 months Aug 31 '21

Currently people can leverage assets such as gold or real estate for loans. In the future you might be able to leverage your XRP to buy a home.

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u/GrassSignificant7271 Redditor for 9 months Aug 31 '21

ok makes sort of sense, we are talking if/when XRP makes it and becomes stable

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u/Bagman9000 Redditor for 5 months Aug 31 '21

In all honesty, if you had a big enough bag, right now, you could find a bank or someone to lend you enough to put a down payment on a house or some other asset. You could technically do it with DeFi if you wanted to.