Banking system = RIPPLE.
XRP, created, MANAGED, and CONTROLLED by Ripple Labs, is, a accounting tool probably worth a few a dollars per share. Its also is, a software tool in business & finance. XRP is a high speed settlement system and exchange network. Companies will use it for commercial actions. Many governments will try and move their FIAT currencies onto an XRP platform because they can maintain control and surveillance. Because of XRPs centralized architecture, it is relatively energy efficient. It is not even near as secure and decentralized as Bitcoin.
Bitcoin and XRP are completely different in most consequencial ways
BITCOIN is an actual "store of value" money, whereas XRP is a software accounting tool that is high speed with multiple qualities.There is alot more to say, but just remember these are two completely different things. RIPPLE held back 80% of the XRP tokens for themselves, donated $10 million to the Harris Campaign, 6 million to Green Peace to fight Bitcoin, is the world's largest promotor of CBDCs, and lobbied heavily against Bitcoin mining. Keep those facts in mind while if you look at XRP. RIPPLE is NOT a freind of Bitcoin.
I think XRP is great way to lose money
/ Dan
npub162…attkj
2025-02-13 05:05:13
in reply to nevent1q…3f4q
Author Public Key
npub162faajz3nzfj5wccgx6e9ez75zap37xc3qgl7sjf5zelvqyu9slseattkjPublished at
2025-02-13 05:05:13Event JSON
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"created_at": 1739423113,
"kind": 1,
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"content": "Banking system = RIPPLE. \nXRP, created, MANAGED, and CONTROLLED by Ripple Labs, is, a accounting tool probably worth a few a dollars per share. Its also is, a software tool in business \u0026 finance. XRP is a high speed settlement system and exchange network. Companies will use it for commercial actions. Many governments will try and move their FIAT currencies onto an XRP platform because they can maintain control and surveillance. Because of XRPs centralized architecture, it is relatively energy efficient. It is not even near as secure and decentralized as Bitcoin. \nBitcoin and XRP are completely different in most consequencial ways\n BITCOIN is an actual \"store of value\" money, whereas XRP is a software accounting tool that is high speed with multiple qualities.There is alot more to say, but just remember these are two completely different things. RIPPLE held back 80% of the XRP tokens for themselves, donated $10 million to the Harris Campaign, 6 million to Green Peace to fight Bitcoin, is the world's largest promotor of CBDCs, and lobbied heavily against Bitcoin mining. Keep those facts in mind while if you look at XRP. RIPPLE is NOT a freind of Bitcoin. \nI think XRP is great way to lose money",
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