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RE: RIPPLE (XRP) Expected to Tailgate Bitcoin
Yes, it is not here to fight for decentralisation. It is a business using blockchain technology. If you call it a scam then, google, apple,facebook, all are scam.
BTC, LTC and ripple are the oldest coins still keeping their position under top 10. It will be there for coming years and haters will keep calling it a scam https://coinmarketcap.com/historical/20131201/
Let them anarcho-libertarians who know nothing about XRP's real value talk trash, let them fear the "corporate" and professional side of Ripple's business... They compare XRP with Monero and make me laugh as hell, eversince it is just like comparing the abilities of a lion versus those of a falcon...
In the end you're wasting your time with them, they won't learn. Let them use the "scam" term just like every noob traders do. Who cares actually?...
The way the word scam is misused in crypto is crazy
Thanks for the educational comments. I’ve studied Ripple, read it’s whitepaper and followed its news since last summer. I know what are the ripple technology solutions and which ones are proposed to the banks. Ripple will go up because of the hype that the company is making on the market connecting to the banks.
When I used scam I might’ve been too harsh as there are many coins on the market that deserve this word better. Still I feel like Ripple is not always honest in its press releases. There is a big difference between banks adapting the technology and their innovation departments just using the various new technologies to complete the yearly quote set by the corporate. Ripple is currently used by many banks in a testing mode and won’t necessarily stick. What’s more important is that it’s usually not the coin that’s used but the Ripple’s chat solution for banks.
I’m sorry if I heart anyone’s feelings before. I don’t want to be a troll in the comments but pay a close attention to Ripple.