Sooly on Nostr: 🤡XRP: A TROJAN HORSE FOR CENTRALISED CONTROL {👇🏽why it’s a ...
🤡XRP: A TROJAN HORSE FOR CENTRALISED CONTROL
{👇🏽why it’s a shitcoin👇🏽}
Bitcoin stands as the symbol of decentralization and individual sovereignty. XRP, embodies everything Bitcoin was designed to dismantle: centralization, corporate manipulation, and reliance on the legacy financial system.
🚨 CENTRALISATION AT ITS CORE
🚩Handpicked Validators: Ripple controls the network through Unique Node Lists (UNLs), giving them de facto power to manipulate the system.
🚩Validator Manipulation Risk: The reliance on UNLs creates systemic vulnerabilities—if Ripple-affiliated validators are compromised or collude, the entire network is at risk.
🚩Clawback Features: Validators can implement centralized controls like clawbacks without user consent, a direct contradiction to decentralization.
🚩Massive Token Hoard: Ripple holds 50% of XRP’s total supply, enabling unchecked market manipulation and centralized control over price dynamics.
💼 CORPORATE PUPPETRY FOR BANKING
🚩Pro-Banking Agenda (not pro-people): XRP facilitates cross-border transactions for banks, aligning with the legacy system Bitcoin seeks to disrupt.
🚩Ripple’s Iron Grip: Ripple Labs maintains near-total control over XRP’s development, governance, and direction.
🚩KYC/AML Compliance: XRP enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, betraying Bitcoin’s pseudonymity and censorship resistance. With Bitcoin you can min free KYC sound money.
🚩Inflation Loopholes: Ripple’s ability to release XRP from escrow mimics inflation mechanisms, eroding long-term value—another betrayal of Bitcoin’s hard cap principles.
📉 WEAK ECONOMICS
🚩Pre-Mined Supply: XRP’s pre-mining undermines fairness, contrasting Bitcoin’s transparent mining model.
🚩Lack of Resilience: The federated consensus algorithm doesn’t incentivize widespread participation, making the network vulnerable to censorship or validator collapse.
🚩Opaque Escrow Sales: Ripple’s discretionary release of XRP from escrow erodes trust, akin to fiat controlled by central banks.
🚩Stagnant Performance: XRP armies have been waiting for almost a decade to reclaim all-time highs, while Bitcoin consistently outperforms and innovates.
🚩Unrealistic Price Hype: XRP price predictions like $100+ are absurd, requiring a $10 trillion market cap—an economic impossibility.
🛑 REGULATORY, ETHICAL AND TRUST ISSUES
🚩SEC Lawsuit: XRP’s classification as a security highlights its centralized, corporate-driven nature.
🚩Conflict of Interest: Ripple executives’ personal XRP holdings align their incentives with short-term price manipulation, not the long-term health of the network.
🚩Legal Manipulation: Ripple’s millions spent on legal battles show it prioritizes protecting corporate profits over decentralization or innovation.
🚩Surveillance-Ready: XRP supports tools for financial surveillance and lays the groundwork for Central Bank Digital Currencies (CBDCs)—an Orwellian nightmare Bitcoin stands against.
❌ FUNDAMENTAL CONTRADICTIONS
🚩Failure to Decentralize: XRP perpetuates centralized power by collaborating with banks and financial institutions, reinforcing the very systems Bitcoin seeks to abolish.
🚩No Unique Use Case: There’s nothing XRP accomplishes that Bitcoin doesn’t do better, faster, and with true decentralization. The Chinese, the Russians and the #BRICS already developed and started using Swift alternatives.
🚩Centralized Control: Ripple’s massive XRP holdings and influence on #governance contradict the foundational principles of cryptocurrency.
XRP is a centralized #shitcoin tool masquerading as a #cryptocurrency. It prioritizes banking corporate profits, undermines trust, and betrays the core principles of decentralization and financial freedom.
💡 #Bitcoin doesn’t need permission, partnerships, or propaganda. #XRP, on the other hand, is nothing without Ripple’s control.
Bottom Line:
There Is No F Second Best.
#BitcoinEducation
Published at
2025-01-17 21:51:25Event JSON
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"content": "🤡XRP: A TROJAN HORSE FOR CENTRALISED CONTROL\n{👇🏽why it’s a shitcoin👇🏽}\n\nBitcoin stands as the symbol of decentralization and individual sovereignty. XRP, embodies everything Bitcoin was designed to dismantle: centralization, corporate manipulation, and reliance on the legacy financial system.\n\n🚨 CENTRALISATION AT ITS CORE\n🚩Handpicked Validators: Ripple controls the network through Unique Node Lists (UNLs), giving them de facto power to manipulate the system.\n🚩Validator Manipulation Risk: The reliance on UNLs creates systemic vulnerabilities—if Ripple-affiliated validators are compromised or collude, the entire network is at risk.\n🚩Clawback Features: Validators can implement centralized controls like clawbacks without user consent, a direct contradiction to decentralization.\n🚩Massive Token Hoard: Ripple holds 50% of XRP’s total supply, enabling unchecked market manipulation and centralized control over price dynamics.\n\n💼 CORPORATE PUPPETRY FOR BANKING\n🚩Pro-Banking Agenda (not pro-people): XRP facilitates cross-border transactions for banks, aligning with the legacy system Bitcoin seeks to disrupt.\n🚩Ripple’s Iron Grip: Ripple Labs maintains near-total control over XRP’s development, governance, and direction.\n🚩KYC/AML Compliance: XRP enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, betraying Bitcoin’s pseudonymity and censorship resistance. With Bitcoin you can min free KYC sound money.\n🚩Inflation Loopholes: Ripple’s ability to release XRP from escrow mimics inflation mechanisms, eroding long-term value—another betrayal of Bitcoin’s hard cap principles.\n\n📉 WEAK ECONOMICS\n🚩Pre-Mined Supply: XRP’s pre-mining undermines fairness, contrasting Bitcoin’s transparent mining model.\n🚩Lack of Resilience: The federated consensus algorithm doesn’t incentivize widespread participation, making the network vulnerable to censorship or validator collapse.\n🚩Opaque Escrow Sales: Ripple’s discretionary release of XRP from escrow erodes trust, akin to fiat controlled by central banks.\n🚩Stagnant Performance: XRP armies have been waiting for almost a decade to reclaim all-time highs, while Bitcoin consistently outperforms and innovates.\n🚩Unrealistic Price Hype: XRP price predictions like $100+ are absurd, requiring a $10 trillion market cap—an economic impossibility.\n\n🛑 REGULATORY, ETHICAL AND TRUST ISSUES\n🚩SEC Lawsuit: XRP’s classification as a security highlights its centralized, corporate-driven nature.\n🚩Conflict of Interest: Ripple executives’ personal XRP holdings align their incentives with short-term price manipulation, not the long-term health of the network.\n🚩Legal Manipulation: Ripple’s millions spent on legal battles show it prioritizes protecting corporate profits over decentralization or innovation.\n🚩Surveillance-Ready: XRP supports tools for financial surveillance and lays the groundwork for Central Bank Digital Currencies (CBDCs)—an Orwellian nightmare Bitcoin stands against.\n\n❌ FUNDAMENTAL CONTRADICTIONS\n🚩Failure to Decentralize: XRP perpetuates centralized power by collaborating with banks and financial institutions, reinforcing the very systems Bitcoin seeks to abolish.\n🚩No Unique Use Case: There’s nothing XRP accomplishes that Bitcoin doesn’t do better, faster, and with true decentralization. The Chinese, the Russians and the #BRICS already developed and started using Swift alternatives. \n🚩Centralized Control: Ripple’s massive XRP holdings and influence on #governance contradict the foundational principles of cryptocurrency.\n\nXRP is a centralized #shitcoin tool masquerading as a #cryptocurrency. It prioritizes banking corporate profits, undermines trust, and betrays the core principles of decentralization and financial freedom.\n\n💡 #Bitcoin doesn’t need permission, partnerships, or propaganda. #XRP, on the other hand, is nothing without Ripple’s control.\n\nBottom Line:\nThere Is No F Second Best.\n\n\n#BitcoinEducation ",
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