An expected demand. XRP and / or Ripple have already been criticized many times over their position to structure their token issuance and the way in which it presents its possession. The participation of the company as such in the ownership of a large part of these tokens makes many community participants distrust in this centralized way of advancing in the crypto world.
But, we are not talking about any token, but one that by capitalization is located within the first four positions, even exceeding tokens such as Etherium. But this is not enough to classify it as being the digital spy, the banks token, its nature and its target of action are its brand and business card, a formality that does not separate from centralization and takes it away from one of the premises keys of the cryptographic world.
However, this is not a summary of XRP but of the last actions that they have taken with this token and with the company that represents them, when they are sued by the Security Exchange Commission (SEC), for being still classified as a security and with this the illegality of selling values as an investment.
Right now, after so long, I clarify that XRP is not my favorite, but I appreciate it, not because it is a private currency of centralized order, but because behind it there is an incredible business potential, a vision that wants to end with that monopoly of swift codes that keeps many out of the field of commercial initiatives.
Beyond this, the technological arm that provides XRP and more if it is added as one of the few non-Asian initiatives, with this it was thought that it would add value and a little understanding with the issue of values that already leaves a lot of trail in the way.
There is definitely no more uncomfortable moment than this, precisely when we see an incredible increase in the prices of Bitcoin and many cryptos, when after such a long time XRP again touched $ 0.60 per unit and that showed a clear rise to already known resistance. With this unpleasant fundamental, the price shot up with a correction of 17%.
Will the same happen with other tokens ???, will this be the beginning of a new stage in the SEC, by not contemplating a regulatory framework it solves the problems and differences of concepts under a line of direct demands ???, I think it can be expected many things to stop crypto influence, and in this I involve all activity, entrepreneurship and initiative that stands out and the advancement of digital education and adoption.
XRP, there is nothing left but to face another demand and we hope that this difference in use can be reversed and it can attack its field again, cross-border payments.
This article contains its own information and there is no space for palangrism. You can also read this information on my Publish0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/chronicle-of-an-announced-event-xjmmeqj
Cryptocurrencies are very popular for holding,trading,for business,..Most I like BCH,BTC,ETH,I knew for XRP too but I do not like this crypto coin.I do not know why,maybe I am used to collect others much more.