RE: Do you know the drawbacks of XRP before you buy it?!

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Do you know the drawbacks of XRP before you buy it?!

in ripple •  7 years ago 

why? the whole point is being decentralized..

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You are right - our point as crypto people is to be decentralized, but the fact that bans are using it in a big scale and the massive premise etc. Makes the whole thing much more centralized, that's what I meant in my comment.
It might be a good investment, but as to decentralized value - the impact of the bank is negative on decentralization- that's what I meant. Maybe I did not phrase it too well 🤗🤗

Banks use the protocol not the token itself and banks use a private blockchain and not the public one making the coins themselves useless in every perspective