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Do you think it unwise to invest in Ripple from a moral standpoint? I haven't bought into Ripple but like the idea of profiting off the banks attempts as I assume they have lots of money to back it.

But a large part of me feels like they've had enough of my money.

I would not invest in the ones backed by powerful financial institutions. Banks are going to lobby for SEC and other regulators to step in to close the drawbridge on ICO's once they have entered the Crypto kingdom.