> A "Lab" called Ripple Labs creates 100 Billion Chucky Cheese tokens and gifts all to a company called Ripple and its founders.
> This shit token is something nobody wants, nobody uses, has little volume and liquidity
> The company has been saying since 2013 that banks will come buy your bags of chucky cheese tokens because it'll replace these 5 trillion from their nostro/vostro accounts which is sitting idle doing nothing
In any other industry besides crypto, this would be one of the most blatant and obvious scam. In crypto, you have retards who actually believe this.
>A "Lab" called Ripple Labs creates 100 Billion Chucky Cheese tokens and gifts all to a company called Ripple and its founders. Four people created a cryptocurrency that solves all of bitcoin's major problems and gifted 80% to a company.
>> This shit token is something nobody wants, nobody uses, has little volume and liquidity This improved token is one of the most popular on social media, has one of the highest trading volumes, processes a massive number of transactions every day, and is being used in production by a handful of remittance companies to send payments.
>> The company has been saying since 2013 that banks will come buy your bags of chucky cheese tokens because it'll replace these 5 trillion from their nostro/vostro accounts which is sitting idle doing nothing The company has found a real use case for XRP and has been trying since 2013 to drive adoption. Currently they are working on a global payment network called Ripplenet with well over 200 customers including some of the largest banks in the world. Ripplenet removes all technical barriers to payments being settled in XRP whenever it is a penny cheaper or a second faster than traditional methods.
>In any other industry besides crypto, this would be one of the most blatant and obvious scam. In crypto, you have retards who actually believe this. Look at the people they've hired. Look at the customers. You probably aren't as dumb as these statements would imply, just incredibly biased.
You should really be investing in the Asset with the best possible ROI and that’s XRP. But but muh scam, muh going to 0, muh it’s a shitcoin.
Don’t look now bitches but I’ve been posting repeatedly all over biz that once XRP hits its lowest xrp/btc ratio it will bounce hard and breakthrough ATH.
COPE
Anthony Davis
>Then you have David Motherfucking Schwartz and the Ripple team with XRP. Professional, polite, proper businessmen This is the issue of Jow Forums crypto discussion: it's done on Jow Forums not Jow Forums
This is a technology not a fucking business retard slit your fucking throat
Asher Perez
/biz is the same community that shits on Nano
Acting as if BTC, BCH, or LTC are better investments (well, I can't hate on the OG BTC) than something that is:
a) free to move around b) incredibly fast to move around c) doesn't have fcking ridiculous fees when congested
Nano is only getting better. I dare say all of the mishaps were because of the exchanges, but /biztards who are down on their curreny coins want to fud Nano because they know it's just as good of an investment/tech as their down coin.
Nolan Sanchez
> Ripple's claim is Ripple Labs gifted Ripple XRP so they didn't keep it to themselves. It was started by Mt. Gox scammer Jed McLaleb who sold Mt. Gox to Mark Marpeles with a ton of Bitcoin already hacked and told him to slowly replace the Bitcoin from trading fees. It was also Jed's computer which got "hacked" and Mt. Gox had to shut down. Jed was also greedy enough to found Stellar which basically claims to do the same shit Ripple does. Serial scammers, crypto founders. Just like much of the shitcoin space, the whole point of these projects is to scam money
> There is no volume, markets, liquidity in XRP in the corridors where it is most needed. XRP is not needed in USD/EUR/WON. There aren't even exchanges trading XRP in almost every other corridor of the world. Even in Mexican exchanges where there is supposed to be xRapid adoption, daily XRP volume is $50,000. It's a scam. Marketing hype. Banks have zero intention of using XRP. There is no use case. If there is a global settlement currency it is going to be Bitcoin with has 15 X times the volume of XRP openmarketcap.com/ and a ton more penetration, markets and liquidity. But even in Bitcoin there probably won't be enough volume and markets for this to work for maybe a decade or so.
