Aaaargggg.
Trading your Crypto for $XRP.
You do not want to use 'real' Banks and want #decentralized solutions, but you support the opposite: Ripple, a centralized business.
CryptoPeople do NOT want to use 'real' Banks and want decentralized solutions, but the noobs start to support Ripple (= the opposite!)
$XRP is absolutely NOT needed for the Ripple platform/ blockchain to work properly.
The Ripple Platform users (clients) are NOT buying the XRP tokens! They have / use US dollars or other fiat. They just:
- pay a fee per transaction (in US dollar),
- pay for the Ripple network (in US dollar) and
- pay for the use of Ripple software (in US dollar).
and the Ripple company is trading those US dollar for $XRP on a platform they created...
Ooh, and they hold 60% of it all..
and best of all, the answer you get, when you ask a "Ripple Investor":
Have you 'seen' the Whitepaper......
#cryptoidiots are buying $XRP...
READ THE WHITEPAPER ! #RTFM #WTF
I'm surrounded by idiots!
I'm done!
Read more @vincentb !