RE: What happens if China decides to lift its ban on Cryptocurrency Exchanges?

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What happens if China decides to lift its ban on Cryptocurrency Exchanges?

in bitcoin •  7 years ago 

Banks can generate much more volume and the currency will actually get used by them for a purpose. At the moment a lot of coins aren't just held for gains, whereas ripple has the potential of being used. Centralised or not, it's got backing to be used.

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  ·  7 years ago (edited)

i agree..cripple got all that..
volume: founders promised to burn 55 billion tokens.Now they change mind and decide to realise them gradually..billion per month..and who can say they will stop after 55 months..
speed: it will probably be instant like master card,visa pay pay...small fee for transaction that can easily go up in time..as they want
practical use potential.. yes... shitcoin have it..but what will change ?? Nothing my friend.Banks will change flat currency name from dollar to ripple and continue to control economy and all of us,just on new platform
volume control means centalised,we have that right now..thats why decentralisation and anonymity is most important thing for me

i know..ripple is safe and familiar,we are used to trusting our money to the middle man but that got us where we are right now..in a big hole..