You are probably right about its eventual irrelevance, but I think it's a simpler story. I've read and heard about the cryptocurrency, and my take is that 2 major things contribute to all this hype, and the speed of transactions is not at the forefront or the reason at all. First, most people have deep disdain for Ripple and everything it stands for, so XRB is being "sold" as the decentralized XRP that happens to be able to also have the speed to make it a player on the tech specs side. Ripple just so happened to have a 10X increase alongside this talk of what XRB is, and it is easy for people to get on board this hype train with those simple concepts. More can be said about what a decentralized XRP would mean in the community of emerging tech to keep the core philosophies of what blockchain is meant to do for freedom and privacy and independence to varying degrees, and with a fear of the evil Ripple money gaining in the crypto world, XRB looks like a good guy protagonist.
RE: Why Raiblocks Will End as a Pump & Dump
You are viewing a single comment's thread from:
Why Raiblocks Will End as a Pump & Dump
I won't use or support XRP in any capacity -- not even to make money :-)
I don't know if XRB is really necessary, despite its advancements. Maybe I just have "coin fatigue," but I'm with Crypto Investor on this one and don't think it will be adopted beyond initial speculation.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm wondering if the supposed need for XRP in banking and the adamant refusal of many to support it actually creates a market for something like XRB to take hold in a decentralized currency environment, even if XRB is not the one to do it and fails. My thinking may also be greatly misguided and also why XRB is being pumped under a huge misunderstanding and false expectations.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit