Agreed. XRP has the biggest potential to become mainstream and the standard for payments.
I always laugh when i see bitcoiners blaming xrp for centralization and stuff.
First, decentralization means that the ledger is validated from many independent nodes (like miners), and it doesn't mean that noone should hold a lot of coins. XRP is decentralized and noone can control it.
Second, they probably haven't thought that the top 5 miners have a hash power much bigger than 51%, so they can literaly do whatever they want with the blockchain. 5 people can arrange it in a phone call in 5'!
Add to that the 1 million coins satoshi holds.
Is this what decentralization is about?
:-)
@Cryptogreek77 you got your facts wrong. XRP is centralized and Ripple control it directly: how much XRP coins in circulation, etc. Ripple can decide add 10 extra billions to circulations and the price will drop drastically.
And for bitcoin – miners can only mine, they don't change bitcoin code. Developers around the world do that.
P. S. Also, do you really believe, that banks have a plan to make somebody (hodlers) a millionaires? This will be the biggest pump & dump scam in crypto and nothing more.
What is your definition of decentralized?
I think it is about ledger validation and not who owns how many coins.. satoshi plus 5-6 Chinese miners plus 5-6 exchanges hold most btc, it doesn’t make it centralized...
Obviously you haven’t done any research about xrp and its ledger. Nobody can add xrp coins. They are already created, period. And 55% of them are locked in escrow.
I didn’t say anything about changing the code. I’m talking about ownership and trading. Have you heard of the 51% attack? Right now, the 5 miners can do it if they want (I’m not saying they will). With xrp it’s not possible.
Ripple holds most xrp just like the 5 miners plus satoshi do with btc. Nobody has interest to dump the coins.
I have question though: what happens if these 4-5 miners decide to dump their btc to buy bch or smth?
yes thats true..... thats the bad thing of ripple...... and we all know how the guys from the banks work!!!! they are all real criminals,............. the devils in persons!
Banks will only use XRP and not hold it. XRP can settle payments in 3 seconds. It will be used as a bridge currency to transfer value from any currency to any other currency in any country.
Market makers, exchanges and similar companies will need to buy and hold XRP to provide on demand liquidity for banks.
For us investors this is the same thing as demand will skyrocket.
Regarding the last part of your comment, it doesn't mean anything to me... Ripple holds 60% of all XRP, so what? The ledger is 100% independent and no one can freeze, modify or do anything with it.
Ripple have really hard potential,,,,,, its a Jewish coin, but okey, they can have her controlled coin, but of course i prefer no controll and free market!!!! Im not a fan of this elite bank groups!!! 1 percent of this people own 99 of the money!!!!
Now I see people are talking about Ripple positively. All these news are good sign. By the way, what's the better online wallet for Ripple, @aftabkhan10?
Agreed. XRP has the biggest potential to become mainstream and the standard for payments.
I always laugh when i see bitcoiners blaming xrp for centralization and stuff.
First, decentralization means that the ledger is validated from many independent nodes (like miners), and it doesn't mean that noone should hold a lot of coins. XRP is decentralized and noone can control it.
Second, they probably haven't thought that the top 5 miners have a hash power much bigger than 51%, so they can literaly do whatever they want with the blockchain. 5 people can arrange it in a phone call in 5'!
Add to that the 1 million coins satoshi holds.
Is this what decentralization is about?
:-)
@Cryptogreek77 you got your facts wrong. XRP is centralized and Ripple control it directly: how much XRP coins in circulation, etc. Ripple can decide add 10 extra billions to circulations and the price will drop drastically.
And for bitcoin – miners can only mine, they don't change bitcoin code. Developers around the world do that.
P. S. Also, do you really believe, that banks have a plan to make somebody (hodlers) a millionaires? This will be the biggest pump & dump scam in crypto and nothing more.
What is your definition of decentralized?
I think it is about ledger validation and not who owns how many coins.. satoshi plus 5-6 Chinese miners plus 5-6 exchanges hold most btc, it doesn’t make it centralized...
Obviously you haven’t done any research about xrp and its ledger. Nobody can add xrp coins. They are already created, period. And 55% of them are locked in escrow.
I didn’t say anything about changing the code. I’m talking about ownership and trading. Have you heard of the 51% attack? Right now, the 5 miners can do it if they want (I’m not saying they will). With xrp it’s not possible.
Ripple holds most xrp just like the 5 miners plus satoshi do with btc. Nobody has interest to dump the coins.
I have question though: what happens if these 4-5 miners decide to dump their btc to buy bch or smth?
yes thats true..... thats the bad thing of ripple...... and we all know how the guys from the banks work!!!! they are all real criminals,............. the devils in persons!
Well XRP is not centralized but I think there has been some rumor regarding XRP centralization by some banks.
Banks will only use XRP and not hold it. XRP can settle payments in 3 seconds. It will be used as a bridge currency to transfer value from any currency to any other currency in any country.
Market makers, exchanges and similar companies will need to buy and hold XRP to provide on demand liquidity for banks.
For us investors this is the same thing as demand will skyrocket.
Regarding the last part of your comment, it doesn't mean anything to me... Ripple holds 60% of all XRP, so what? The ledger is 100% independent and no one can freeze, modify or do anything with it.
Ripple have really hard potential,,,,,, its a Jewish coin, but okey, they can have her controlled coin, but of course i prefer no controll and free market!!!! Im not a fan of this elite bank groups!!! 1 percent of this people own 99 of the money!!!!
Now I see people are talking about Ripple positively. All these news are good sign. By the way, what's the better online wallet for Ripple, @aftabkhan10?
I dont have one but i have it in my binance account
.
Very big news! Positive to start hearing about more xRapid adoption.
Wow, great news indeed, this will help the coin grow the more and ease the transaction
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