A Friend Shared this with me 👇👇
- Ripple premined 100% coins and keeping more than 60% for it - an unfair distribution of wealth. They can easily manipulation price when needed.
- XRP is similar to electronic fiat rather than a #Cryptocurrency.
- XRP is centralised so banks or Ripple can seize your funds anytime.
Congratulations! Your "cryptocurrency" is in a bank!
https://news.bitcoin.com/ripple-gateways-can-freeze-users-…/
I might even go as far as thinking this was one of the current financial system's responses to real cryptoccurencies.
A totally controlled coin faking it among all the other...
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