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What a deflationary currency will bring to the world?

I have been wondering about this lately. Then I found this article:

http://eliasbizannes.com/blog/2017/10/why-bitcoin-or-another-deflationary-currency-will-lead-to-an-economic-revolution/

TL;DR: as long as investment has higher return then hoarding the deflationary currency, people will invest instead of hoarding.

Similarly, if market maker can make more than hoarding XRP, market maker will make market instead of hoarding.

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How exactly is XRP going to work as a bridging digital asset?

Maybe this is obvious all along to some people. Anyway, I just figured this out. So I thought maybe it's worth sharing.

Previously I thought the bridging consists of two transactions, both on XRP ledger. One from fiat currency A IOU to XRP, the other from XRP to fiat currency B IOU.

Then I saw this:

https://www.xrpchat.com/topic/10981-xrapid-uses-crypto-exchanges-to-route-payments-in-real-time/

So Miguel Vias said in the pilot they used liquidity on bitstamp and bitso. However it's seems the trading volume of XRP/bitso.MXN since the beginning of 2017 is so low that it's virtually no liquidity there. See this:

https://xrpcharts.ripple.com/#/markets/XRP/MXN:rG6FZ31hDHN1K5Dkbma3PSB5uVCuVVRzfn?interval=1d&range=1y&type=candlestick

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https://bitso.com/trade/market/xrp/mxn

So now it's clear to me there is another way for XRP to bridge cross-border payments. The originat…

You have to know these about ripple wallet and secret key

TL;DR:

It's possible to find out others' secret keys but it's so improbable that it's almost impossible. Make sure you have a good entropy source when generating your address/secret key.Use multi-sign https://ripple.com/build/how-to-multi-sign/
See the discussion here: https://www.xrpchat.com/topic/6054-questions-about-secret-keysripple-wallet-addresses/