RIPPlE the crypto that is not crypto
RIPPlE the crypto that is not crypto
Today I have to talk about one of the things that should not be common in this world of crypto but I see people who do anything for money and do not investigate end up investing and scams that is how the bad reputation of this world has been in the mouth of All and not always forget the archenemies of the Cryto, but today we will not focus so much on them today is different today we are going to unmask one who claims to be a reliable currency and is dressed as a sheep when in fact is a very fierce wolf
The RIPPEL
It is said to be the currency of banks that is designed to facilitate transactions and lead to blockchain technology is also the third crypto in the capitalization ranking but they really know what is hidden behind this coin??? Or do not know the case is that ripple has in if a few fibs that will be analyzed in this post.
Created from nothing 100.00.000.000 these were created automatically since these were not mined and the creators of the project had no expense in doing all this is worth noting that more than 60% of rappel is under your company called RIPPEL-LAB more to that they They have a contract where they specify that they sent a large amount of ripple to a smart account where the amount of 1 million of Ripple is released each month.
With this people RIPPEL-LAB will always have a domino of the amount of ripple and with this finance the company to stay afloat
Ripple is said to have many alliances spoken over 100 banks in their favor they use their personal blockchain that RIPPEL-NET the most blatant thing is that between these banking alliances do not use ripple only use their personal blockchain.
In principle the great attraction of this crypto was that it would facilitate the bank traction and good is well that makes RIPPEL-LAB but not in all this project is not used currency.
Many people think well of this invests and inverts again thought that can make a lot of money and the truth is not a lie if you can make a lot of money but the problem is that no longer enters the description of Crytomoneda
Why
A currency is not issued by a government or department company a Cryptomoneda is decentralized giving participation to everyone ripple nodes are private imagine we have seen the face of fools this is a last letter from the banks if the crypto Dominate the world this is the last letter since the banks are going to die in the not too distant future because they would be well positioned in the business.
Centralization is something that we as a community have to fight because if we want to change the system we must be very clear that is what we want we do not want wolves dressed in sheep or vice versa the idea is that we want something that can allow us freedom of our personal finances
In the future there will be many projects like this where it will always have a central entity and personally I do not like for nothing because it is simply taking the money Fiat to the Internet
Other example of similar project is the PETRO and everybody takes it as a scam but in principle this project is completely centralized because it is dependent on a government and therefore should not be called Cryptomoneda
Hopefully in the future we do not care so much the money and we care more the change of the system to be able to eliminate forever projects like these...
I'm @jakecrypto thank you for reading
Great post!
Thanks for tasting the eden!
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