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RE: An open letter of thanks to central bankers for creating the world's shittiest currencies

enolife (56)in #cryptocurrency • 7 years ago

A little too late cus they've come up with a new plan and it is working for them. Do you wanna know what's the new plan?

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Ripple

Godammit!!! and "we" still fell into their trap again!!!.

There's no patch for human stupidity

7 years ago in #cryptocurrency by enolife (56)

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abi03 (25) 7 years ago

That's right enolife. Ripple is not decentralized. It is not mined, but the company has full control over it and they can release up to 1 billion coins per month. Ripple is getting all the attention just because companies like Santander (SANPRA), Bank of America (BAC) and UBS (UBS) are using it.

Looks like gov and huge organizations are getting closer in controlling the crypto market.

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sovereignrk (28) 7 years ago

Here's to hoping that situation corrects itself once new investors have a better understanding of the crypto market place, and why it makes no sense to get into crypto only to give your money right back to a centralized institution.

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