The problem with it is that it has banksters all over it.
The other problem is that it is all premined. They control the inflation rate and the burn rate.
Ripple hasn't done anything shady, they ARE shady.
And the big thing is the SEC lawsuit. Claiming that they are a security.
However, the SEC is now saying, give us a bunch of XRP and we will drop the lawsuit. Even after Ripple had basically won.
Because, when it starts to get used, its value will 10x, 100x, 1000x fairly certainly.
It has a lot of big people behind it. So, the deals are probably all done, its just waiting to pull the surprise party.
But, if you do get some of it, be sure to get out, when the getting is good.
Ripple is been surprisingly forthright.
The problem with it is that it has banksters all over it.
The other problem is that it is all premined. They control the inflation rate and the burn rate.
Ripple hasn't done anything shady, they ARE shady.
And the big thing is the SEC lawsuit. Claiming that they are a security.
However, the SEC is now saying, give us a bunch of XRP and we will drop the lawsuit. Even after Ripple had basically won.
Yeah, i dont wanna invest in a shady thing like that, why invest in crypto if its to buy a traditonal banking asset
Because, when it starts to get used, its value will 10x, 100x, 1000x fairly certainly.
It has a lot of big people behind it. So, the deals are probably all done, its just waiting to pull the surprise party.
But, if you do get some of it, be sure to get out, when the getting is good.
Yes that way is cool for a trader, i'm more of an holder that just keep is crypti for ever so yeah idk