Shill me on ripple anons. A powerful guy at a top firm asked me how to purchase it, i talked to him at a dinner a couple of months ago about crypto. If we end up in a discussion about the pros and cons of ripple (i dont currently own it and havent done much research) what would you say are the biggest ones. Thanks
Shill me on ripple anons. A powerful guy at a top firm asked me how to purchase it...
Oliver Myers
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Cameron Wood
Joshua Turner
I want pros and cons anons
Easton Hill
crypto destroys banks. ripple doesn't fit into the picture. tell him its a shitcoin and look like a genius. tell him to buy Bitcoin Cash and he will be sucking on your balls in 3 months
Jose Clark
1. It's run by a solid team which has a shitload of financing.
2. While their goal of essentially becoming the 21st century version of SWIFT is ambitious, they are lazer-focused on this particular niche and not trying to be 10 different things at once.
3. Banks and MSBs have been working with Ripple to integrate their product. This trend is likely to continue and the list of clients is likely to grow since they offer a cheaper, easier, safer solution to global transactions than what presently exists.
Bentley Sanchez
Would this be a direct competitor to chainlink or would ripple use Link?
Jaxon Diaz
dude ripple has the juice to code their own decentralized oracles. most top 100 projects do. stop.
Nicholas Hall
ill get you started
>pros: centralization
>cons: centralization
Alexander Young
Cryptocurrencies have no pros. Here let me give you the circular though process of those infected with the Bitcoin meme and all of its offshoots:
>hate the bankers
>fixed amount
>decentralized
>denominated in fiat
>centralized
>unlimited supply
>hope the bankers save you
See how nothing was solved? ll it did was fee up some exchanges and pay the IRS.
Alexander Murphy
Ripple token is pretty useless since banks can just use their tech without using the token
Dominic Flores
I have no idea what you just said. I swear this shit is just buzzwords that no one understands.
Jaxson Brown
That's what I thought but I also read that each each one has to hold 20xrp to make a transaction and a certain amount of xrp gets burned
Xavier Thompson
It is the best crypto in exisstence
Samuel Flores
iIm not a fan of xrp because it crashed so hard after a big run up. its like the biggest shitcoin that pump and dumps. there are beautiful cryptos that mov higher through thick and thin, why gamble with a the giant shitcoin fidget spinner?
Isaac Hughes
Andrew Rodriguez
Isaac Moore
it's not even a crypto.
Gavin Cook
Adrian Morales
Nobody gives a fuck.
Adrian James
Nathan Baker
The 20 xrp that stays in the wallet is to prevent attacks on the system. Xlm is shilled so hard on this board yet it also has the 20 xlm requirement. Not sure on the burns though with stellar. With xrp the coins that are burned are a nothing amount. Considering that ripple has one of the most professional teams whose actually making partnerships with what is it now over 100 banks or something, you'd be stupid not to diversify into both xlm and xrp.