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RE: What do you buy today from cryptos ?

in #bitcoin7 years ago

I'm still high on Ripple and Stellar: I bought more of these yesterday and I bought more Litecoin the day before that. I have wanted to get into ADA but haven't as of yet. I also have some NEO that I would like to get more of and QTUM as well. With China closing the door on outsiders, having these two Chinese protocol coins in the stable will hopefully be very profitable down the road when China starts releasing their own renditions of everything they are blocking to the 1.3 billion person population.

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Just curious why Ripple?

I think that it is new FIAT made by the same guys for the same reason.

I think of Ripple as being a gateway crypto. It’s fintech for the banks and other fiat moving companies. As it is adopted by more and companies, it will expose more companies and people to the idea of crypto. I know that some people believe that that it is not truely crypto because it is more centralized than the rest, however I think that is an advantage not a disadvantage. It is centalized enough to be acceptable to financial institutions but has all of the hallmark technologies of crypto. I think Ripple will be the third founding father of crypto behind Bitcoin and Etheruem.

best explanation of ripple i've seen in a while :)

Thank you!