/biz/ - Business & Finance

Can someone knowledgeable please reply to this pasta?

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