Reason Not Buy Ripple Coins.

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3 years ago

1. XRP is not the currency of the future

When people hear Bitcoin Cash, they think digital money. As in, you can send money to anyone in the world without limitations. XRP might become this in the future, but right now XRP is stuck in banking. And Ripple has made no mention of changing this anytime soon.

2. XRP is not decentralized

The reason digital currency have failed in the past is because a centralized digital currency is too easy to kill with regulation. Bitcoin’s decentralization is one of the reasons it’s survived when digital coins of the 2000s (like E-gold, Liberty Reserve and Tencent) failed.

Ripple faces the same weaknesses of these early digital currencies. It is one entity to attack legally when things inevitably go wrong.

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Comments

XRP failed me but I'm sure I will recover through AWC token, right now I sold all my XRP to buy more AWC token before it escalate higher and at the same time staking it for passive income which gives upto 23%APR by weekly bases. More info concerning AWC staking, explore - https://atomicwallet.io/awc-staking

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2 years ago