You are viewing a single comment's thread from:
RE: Which coin has the largest market cap? Hint: It might not be the one you think...
Thanks for the interesting post. Ripple wants to control its price by releasing coins regularly so the usage will grow steadily and also have a greater utility for banks. Bitcoin is on a different level with its limited supply and yet the ability to airdrop valuable forks along the way. It is ironic that a centralized crypto company has created such a valuable product that for the moment on paper can be valued higher... than BTC. I'm sure this comforts the Federal Reserve... that they still may have a chance!
Yes, that appears to be what they are doing. The net effect is very similar to what btc and other coins are doing via mining, but "technically" it is slightly different. Thanks for the reply. :)
That's true, although it doesn't seem like they are in too much of a hurry to actually use it.
No they aren't because they love controlling their monopoly money with swifts!