Ripple is fiat currency masquerading as crypto. It is a scam to hoard your BTC and leave you with worthless XRP. The issuing company holds the majority of the coins and can print at will. XRP is not mined, it is not crypto.
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Exactly and people just looking at market share on the exchange. First of all cryptocurrency exchanges shouldn’t have allowed ripple getting listed. Ripple XRP Crypto. Get your facts straight! All the 100 billion Ripple has been created and only 38 billion are in circulation the rest are locked up in escrow and will be released slowly each month the ones that are not used will be put back into escrow and so on. In fact, for every transaction that is made with XRP, a tiny portion is destroyed.
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Meaning that there who’ll be less XRP as time goes by making it more valuable because there is less. The great thing about Ripple XRP is that it doesn’t need to be mined which does not leave a carbon footprint. XRP is one of the only cryptocurrencies that have a real use and will solve and cheapen cross-border transfers which if you put it in perspective it trillions of dollars daily.Like it or not Ripple XRP is the future. It is not cryptocurrencies. The whole idea of cryptocurrencies is avoiding banks. Don’t go back centralization. You still need banks to use your crypto currency. Banks are here to stay and they will figure out a way to stay in the game. You can’t stop a bank from owning any crypto currency.