As we all know, the organization behind XRP ecosystem development holds about 50% of the supply. They constantly move around a lot of coins, but they obviously don't airdrop them, so we can only assume that they use them to enrich themselves. Big market actors can buy tokens directly from the Ripple organization, so they don't have to market-buy from the average joe. Link to transaction on the block explorer: http://bit.ly/2Greapd me, there is only one conclusion: Boycott Ripple and XRP! The bankers are not going to make you rich! If you still think their products are useful, use XRP for what it is: an intermediary token for transfer/conversion of value. You should still look into other project for fast and low-fee payments, there are several who carry the open source spirit. For hodling, there also are nice projects out there, with low inflation and promising tech.
Submitted April 19, 2019 at 01:03PM
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