Hi, 3/4th of the Ripple currency is held by Ripple Labs and not the actual banks. Plus they've also been donating Ripple to charities which is really unique about this crypto organisation. Moreover Ripple Labs have voluntarily come forward to allay fears of investors that they're not going to flood the market with more coins for the next 10 years or so. Therefore in the short run of 2-3 years the price of Ripple will keep growing.
You are viewing a single comment's thread from:
Interesting. I will definitely keep my eye on it and continue to look into it. Thank you.
No worries @weq, just remember to invest only that money that you can afford to loose.
Exactly. If I don't have the cash on hand, I buy nothing. I leanrned the hard way. I love this saying, "I'd rather go to bed hungry than wake up in debt."