Gas fees are awful. It's a terrible user experience. The exchanges also like to overcharge with ETH, too.
I usually use xrp when buying or transferring (don't worry about the state of my mental health, I don't HODL that). It's fast, cheap, popular, and stable on most exchanges. The exchange I usually use to purchase more crypto has insane fees for removing BTC and ETH. Anything not on coin base wallet (my preferred software wallet to shill with) is too niche in my opinion.
It temporarily supported Hive, but has stopped now. I can still use Steem for like 0.01 or something but won't touch that garbage even to save $$$.
Reading this was such a pleasure.
Advice to all who see this:
Want my fat UP?
Just say
XRP = junk
Steem = garbage
😀😃😂
Posted Using LeoFinance Beta
XRP deserves an explanation. It works, but the cofounder owning billions and wanting to get rid of it asap makes me nervous. He doesn't want to gain from the profits of his sales and plans to donate it all to charity. This is not comforting, especially considering there is nothing particularly special about XRP. It's like the community couldn't care less about their ninja mine. I've made money from XRP but it's too much of a cult. If they burned their excessive tokens, I'd be more comfortable. Definite serious yellow flags.
Steem, is what happens to xrp if instead of managing their ninja mine tokens according to the consensus, they use the proceeds to buy drugs and start fucking around with the tokens while high. It's just an embarrassment to the entire crypto community.
Hmmm?
XRP = junk
Steem = garbage
Cha-ching!
If XRP is junk, Steem is the fumes from burning garbage.
We have 2 of the largest global crypto exchanges and quite a few smaller Chinese and Korean exchanges tainted by greed (either they are incompetent, lying or most likely both), and the 18th (tron), 57th (bittorrent), and the 134th (steem) largest coins completely compromised in their governance systems.
XRP just has issues with their ninjamine and potential centralization. I don't think it's morally compromised to the same extent. I think it's more of a well-managed powder keg. That's why I don't hold. Short speculations and gambles only.
Don't mind me. I was trying my hand at that free money game I stumbled into outta nowhere and couldn't refuse testing my luck.
I thought you were alluding to the difficulty in distinguishing between junk and trash.
Since our exchange, xrp is doing well, I should have slept on it.
Just messing around.
Take a look at DigiByte. Simple UTXO wallet install (long initial sync though, like the rest of UTXO) and extremely fast transactions with next to zero fees. Listed on a lot of exchanges too. https://www.coingecko.com/en/coins/digibyte#markets Let me know what you think.
I know of digitbyte. It's one of the best proven payment systems.
It's not on my fiat exchange, so I'll still have to use xrp, but I'd actually hodl digibyte. I think POW makes much more sense for security than staking and I don't have to worry about whales, exchanges, or institutions messing with me.
There are lots of payment tokens far better than xrp to transfer money. I'm still waiting as I think the investment phase for that was 2020.
Good tip. Maybe I'll add it to my watch list.