Ripple
- I really don't understand this concept of coin or why any single person who believes in the blockchain technology to even invest 0.00001 of fiat. Giving the financial institutions any type of weight in an already super volatile market, and they fact they have that control over the currency it's pretty much exactly what they already do. I see if they got a small wedge in the market and formed doubt in the speculators mind through media and what not would have serious implications in the growth of the CryptoSpace and inherently the back pocket of the people.
The information i have read clearly states no benefit to the population - because in hindsight, we are looking at other ways to not be contributing to a 1 board/mind/gov/body that controls all or a swayable portion to create that mass scare and pump and dump in OUR market...
I understand there a business of money but seriously.. I guess that's my personal understanding or hope of where we are heading with this technology
~Please comment on how you feel~
- thecryptopaper
Consider buying Ripple (XRP) not as a coin which can be traded on daily basis, but as buying some stake in that company... Ripple is gaining traction among banks, as they solve one of pressing issues of Real Time payments... XRP is not expected to be volatile like ETH or BTC, if it is then volatility will hurt their business model. There were some serious issues with ex c0-founder, but now its a matter of the past
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Fantastic feedback!!
True and i can understand that,
But how in the future of cryptocurrencies and getting away from banks/fees/interest rates/3rd party holdings and less fiat money and more a cashless society, does me investing in a bank help the technology of tomorrow or even my back pocket?
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Banks wont go away overnight... Cryptocurrency is not developed enough to facilitate entire banking system, its not that scalable... banks and blockchain will coexists for now..
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Yea, this is something new to everyone and lets just hope that it works out well :)
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done, upvoted followed :) well done
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Thanks for that @dattabitcoin! hope you enjoy the content!
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