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RE: Charlie Lee says Ripple NOT Cryptocurrency

in #cryptocurrency7 years ago

But the unknown is exactly what makes it healthy. Ripple is supply-controlled by its creators. It's far from a proper currency that serves the people that use it; it only serves its creators. You can trade it and make money on it, for sure. But is that the world we want to live in? Doing things that make money without thinking about the consequences? The technologies behind crypto are antithetical to a token like XRP. It's not even a true cryptocurrency!

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That's right, it's correct