/biz/ - Business & Finance

>>25273230
Because it’s centralized and not a real crypto by default. No one is getting paid to fud ripple too, not sure where that is coming from. Not a lot of people invested in btc or eth really care what xrp is doing anyway

>>25218575
>>25218705
>>25219052
No one uses ODL or any other XRP product. So how and when is this suppose "switch" suppose to happen? Why would it happen at all? You are going to hold XRP for years believing twitterfags posting nonsense "rumors".

REMINDER THAT NO ONE HAS BEEN ABLE TO EXPLAIN WHY XRP WOULD BE MASS ADOPTED WHEN CURRENT BANKS AND MONEY TRANSMITTERS FOUND IT TO BE "MUCH MORE EXPENSIVE" THAN TRADITIONAL PAYMENT METHODS AND HAD TO BE BRIBED IN XRP TO EVEN USE IT.

>>25108869
I'm trying to save people from throwing money into what is now undeniably a very well documented scam, fuck you and every other disengenous scam artist shilling this shit

>>25106372
Why would the US government adopt a coin that even banks won't use because it costs significantly more than traditional payment systems??

>None of which are banks

HAHAHAHAHAHA

it was all a lie that banks are using it, dude. just like everyone has been saying for years.

whether or not it's a security is irrelevant. xrp cannot fulfill its promised use-case. no banks are using it and no banks ever will.

>>25084568
Nobody uses XRP. They have to be paid to use because its such a garbage product. Imagine wasting 3 years of your life and money on XRP.

THREADLY REMINDER THAT RIPPLE/XRP IS A SCAM

Ripple is dumping copious amounts on retail investors, manipulates the market, nobody is using its products without being paid to do so, those paid to use XRPL immediately dump their XRP, the chad winklevii wants nothing to do with XRP despite being offered $1M just to consider it, none of the users of ODL are banks, use cases should really be called "use" cases, the overwhelming majority of ripple's revenue comes from selling XRP, ODL is more expensive than traditional alternatives, ripple sells XRP at 30% below market rate to institutions with no stipulations that they do not market dump immediately, the privately stated goal of ripple was to increase speculation, ODL volume is basically a sham to fool retail investors, ripple themselves said it's not a currency because you can't buy shit with it, ripple's internal policies treat XRP as a security, the CEO was paid by ripple to achieve a specific price target for XRP, ripple believes dumping XRP "according to liquidity" is part of their fiduciary responsibility to shareholders, and last but not least

XRP IS A SECURITY

regardless of who wins this lawsuit. the SEC just exposed cRipple for having no use case other than to dump on bagholders

whether or not it's a security is largely irrelevant. no banks are using xrp and it cannot live up to its use-case promises. it's over.

It exposed XRP as a complete racket

>>25073376
>standard
they lied. banks aren't even using it.

Well well well. Anyone care to explain this? Or will you just ignore it again?

prev. cope thread: >>25065568

>Obligatory Flare/Spark Tutorial
https://www.youtube.com/watch?v=-bMGWE6dJiw [Embed]
https://www.youtube.com/watch?v=zvoaU44ngTY [Embed]

https://blog.flare.xyz/creating-and-redeeming-fxrp/

>SEC lawsuit
https://www.sec.gov/news/press-release/2020-338
Give it a read schizos. LMFAO

>Staggered Spark token distribution
https://blog.flare.xyz/further-information-on-the-spark-token-distribution/
https://flare.ghost.io/claiming-spark-faq#how-do-i-claim-the-spark-token

>XRP Ledger
https://dex.xrplapps.com/

>Flare Finance source code
https://github.com/flrfinance/

>XRP/Flare Decentralized Finance (not being used by anybody)
https://flr.finance/

>XRP "Rich"list Stats
https://ledger.exposed/rich-stats

>Past schizo containment threads:
https://pastebin.com/pZdQbREq

>"Insiders" threads:
https://pastebin.com/Z39w20qf

>"Insider"/UHNWI/Mellon LARP threads:
>>/biz/thread/S16595583
>>/biz/thread/S17266853
>>/biz/thread/S17914598
>>/biz/thread/S18102776
>>/biz/thread/S18417446
>>/biz/thread/S19283439
>>/biz/thread/S19919081
>>/biz/thread/S19980410
>>/biz/thread/S20098041
>>/biz/thread/S20429829
>>/biz/thread/S20720991

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>Twitters:
https://twitter.com/SEC_News
https://twitter.com/@JoelKatz
https://twitter.com/@looP_rM311_7211
https://twitter.com/PRX0202 [Mr. Pool archives]

>What wallet do I use?
None because XRP is an illegal security.

NO BANKS ARE FUCKING USING IT. PIC RELATED

banks not even using it