Is Ripple (XRP) the dollar 2.0? - Are You Thinking Too Small?!
I started doing morning live streams at 10am CST covering crypto news and updates. I am very bullish on the crypto XRP. Today I reviewed my latest XRP video. Going over why the Federal Reserve is considering XRP for a world reserve currency. What does this mean for XRP and Crypto Currencies moving forward.
The further I look into this space the more I believe XRP to be a highly undervalued digital asset providing real world solutions. The XRP ledger provides a foundational payment layer for services competing in b2b and consumer facing applications and will likely be one of the true protocols to be utilized for years to come.
Even right now without anything changing about the competing technology XRP out performs Bitcoin and Ethereums blockchain tech hands down.
RUMORS ABOUT XRP
It is run by the banks
WRONG. Its open source
here is a link to their GitHub https://github.com/ripple
Its Centralized
WRONG. Every week more independent validators are brought online. For every two validators brought in RL removes one of its own Validators.
List of Validators Here: https://xrpcharts.ripple.com/#/validators
RIPPLE LABS OWNS 60% of the TOKENS
OKAY. Its true a large portion of XRP was gifted to RL. But, this allows them the ability to donate $Millions to top universities to encouarge blockchain research and increase adoption.
SOURCE http://fortune.com/2018/06/04/ripple-xrp-donate-university-blockchain-cryptocurrency/
It also allows for them to make considerable $4 Million USD donations to charities on air in real time to demonstrate the use of their technology.
Also noteworthy partnerships with banking institutions around the world. Facilitating the alleviation of congestion and degradation in the cross boarder payment industry worth 40 billion dollars.
Ripple Labs top Execs being asked to join a cross boarder payment corridor task force with the Federal Reserve and also maintaining its spot as the third highest crypto currency by market cap, XRP is positioned to be a household name, even greater than bitcoin.
I am not a financial advisor. I am not a fiduciary. Always do your own research and verify your own facts. Crypto currencies are speculative investments and you should never invest more than you can afford to lose.
Watch my video and don't forget to tune in tomorrow for my Live Stream. 10 am CST
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