RE: !!! IS RIPPLE (XRP) CENTRALIZED? CAN IT BE FROZEN !!! Real answers from Ripple Labs

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!!! IS RIPPLE (XRP) CENTRALIZED? CAN IT BE FROZEN !!! Real answers from Ripple Labs

in steem •  7 years ago 

Actually if you do your research you'll realize that 1) XRP is decentralized and will actually be more decentralized than bitcoin in a year or two and 2) Ripple cannot issue anymore XRP. That supply is fixed and capped. They do not control the ledger and therefore cannot mint any new coins -- so both of the reasons you dislike it have already been proven untrue. Anything else you dislike about it?

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Well, I guess you've proven me wrong. I still don't like it very much because of the banks signing with it, but everything else seems to have been changed since I last researched it.

@cryptinc I feel the same way. I had to really do some digging. I was 100% anti-xrp for a long time because of the wrong information. That's one of the reasons why I had launched this page.

I'll be sure to keep an open mind about XRP. Thanks for sharing the information.