1 upvotes, 1 direct replies (showing 1)
View submission: Will SOL flip ETH this cycle?
I know nothing about XRP either other than the SEC case and that all of a sudden it's gone parabolic after being dormant during the last cycle.
Comment by blakes456 at 03/12/2024 at 12:20 UTC
2 upvotes, 1 direct replies
Well yes and most people are buying into XRP because of that knowing nothing about it. “Is XRP a true crypto?” is a very valid question. A majority of the token is held by its founders I believe and what does it do other than cross border payments? I have heard nothing about greater functionality. It has a singular purpose that is easily replicable by banks and the likes so again, why XRP? In short, it’s centralized (controlled by Brad Garlinghouse) and it does 1 thing. I can almost promise you it will hurt people again just like it did in the past.