/biz/ - Business & Finance

If their Ripplenet/xRapid strategy doesn't succeed they will have to find a new way to use XRP. They own 60 billion so you can be pretty damn sure there is no abandoning it. And given they are a venture capital funded company with hundreds of banking partners you are not going to see anything resembling an exit scam.

>>11583911
>if XRP is a scam token
Literally who the fuck thinks this lol. Most people have a problem with Ripple and XRP because the project is centralized and wants to work with banks, something Bitcoin wants to undermine. That's a valid argument against Ripple. As far as being a scam though, that's a fucking brainlet argument.

>>11584444
pretty much this. its not a scam but its value proposition is retarded since the entire premise and reason bitcoin has fundamental value is because its decentralised...

Take away decentralisation and its no different from just using a bank really.

>>11584553
I still don't get the centralized argument. XRP has better censorship resistance than anything based on POW, and the validators have so little power they can't even perform a double spend in a 100% attack. That seems like a pretty massive advantage.

I understand that people don't like how much XRP Ripple owns, but that's pretty much irrelevant if they are more interested in the long term value than anyone else. Not to mention they can't even touch 90% of their holdings at the moment.

>>11583911
>If these guys fail what happens?
Just wait and you'll find out.

>>11583911
The main problem with Ripple is that no Central Bank and commercial banks are serious in cryptocurrency.
They are interested in how Ripple operates as a model but they would not be adopting it.

>>11584553
>>11584444
>ripple is centralized
brailet.jpg

>>11585355

>>11585061
hm you seem to be a expert in xrp and know everything about them and have done years of research you seem so knowledgeable and confident you have to be right

>>11585355
Ripple, the company, is a centralized organization. XRP is something else.

Got a poor man's bag of 1000, not gonna argue if it's crypto but....it is a good investment...

>>11585412
$3-$5 EOY

>>11583911

I legit think Merica will use XRP to gain the dominant market cap in crypto. They aren't going to let the chinese have it and our electricity costs aren't competitive enough to outmine them.

It will be financial judo.

>>11585387
>falling for that jewery
we all know that XRP stands for X (international currency code) + RP = RIPPLE
they decided to stop calling xrp ripple so the n00bs don't get confused but i like ripple so i will keep calling it ripple and that's it

>>11585446
there's the company and then there's the decentralized network that it sits on top of

call it whatever you want

>>11585466
>the point
>.
>.
>your head
there is ripple the cryptocurrency also known as xrp, ripple labs, (a company founded in san francisco) also known as ripple, and ripple, Milk Chocolate Bar
i will not stop calling ripple (the chocolate bar) ripple just because there is a company with the same name

>>11585444

>>11585534
there's xrp the digital asset (not cryptocurrency), then there's ripple the company, and then ripple the chocolate bar

come up with your own personal names you use in your head if you need to keep things straight like one word for all three bc you don't have the IQ to hold three different words at once

>>11585635
>there's xrp the digital asset (not cryptocurrency),
this is how i know you are a retard, you have no argument to support what you just said

>>11585710
https://ripple.com/use-cases/digital-asset-exchanges/

i'm not sure if you can get any more retarded but you've exceeded all expectations thus far

>>11585726
how is it not a cryptocurrency?
i will be waiting

>>11585762
we're experiencing levels of retardation we didn't think were possible

>>11585775
>it is a digital asset therefore not a cryptocurrency
im not arguing if it is or not a digital asset, im arguing that it is a cryptocurrency