Hello Steemians, how are you guys today ?
Lets talk about ripple, great example of people buying into the hype?
Here's what banks think and and i'm not shocked.
Banks say they have NO interest in using RIPPLE (XRP). Current and even former executives at 7 big/global banks including some of them who have partnered with Ripple (XRP) said that there is no chance they would ever entrust their corporate clients payments to a cryptocurrency.
Why is that not shocking for me or anyone else ?
Why will they change what works for them and makes them money ?
So Ripple changed their plan from XRP and focused on RippleNet, which is something like Swift in that it’s just a messaging system it just tells banks where exactly to send the money.
In November last year, Standard Chartered started did send payments between Singapore and India for its corporate clients. Even though no bank wants to use XRP in any of these projects, both are still optimistic about Ripple’s tech.
Anyway in short, Ripple is trying but i'm not sure if it all going to work out...
They are interested in ripple tech but not the XRP itself.
My advice to everyone is, please do some proper research before putting your hard earned money into any crypto currency and please don't put your live savings into anything,
It is trading and first rule of trading is don't "invest" something you can't afford to loose, reason why people say that because there is a high chance you are going to loose everything.
Also i want to make this clear, this is just my opinoin and i could be wrong, if you think i'm wrong about ripple please do leave a friendly comment below, i'm here to learn.
Love you all, please upvote if you want to :)
Ripple is more hype than practical. Not a fan of XRP. Need to see a lot more before i would even consider buying in.
i dont think there will be much to see lol
This post has received a 0.39 % upvote from @drotto thanks to: @izaya.
supposedly ripple is going to be listed on coinbase next year. hearing really great things!
i think it will end up in coinebase sooner or later
While I appreciate your opinion don't try and tell me to do what I want. Besides the joking I think the banks will get on board or die. RESPECT
lol
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good posting~~~^^
thank youuuu