it would be risky to put btc into ripple. Well, many big things seemed risky at first and brought gains later, but this is what i would not do
Why?
Ripple is mooning again. Bitcoin have lost all of its momentum.
Almost 2x as much money are injected in to Ripple than Bitcoin today.
Today:
Ripple: $6.3B
Bitcoin: $3.5B
Ripple is mooning while Bitcoin is going down.
Bitcoin is a dead project
Ripple is stable but it is not decentralized, Its supply can be doubled over a night and you can not do anything about it!
Although, I agree that it has a better technology but deep down it is own buy a company and against cryptocurrency spirit!
No more XRPs can ever be created. Seriously stop with these idiotic tinfoil hat theories.
For one, the XRPs was created when Ripple created the software. They are fixed. There will be no more.
And even if it was possible, which it isnt, do you think a now multi billion company would destroy their reputation and lose their business by printing more and be rejected by everyone after?
I mean, where do you guys find these silly theories?
from same place that you defend a centralized Altcoin backed by banks!
let me ask you a question, Why a 100 billion dollar investment bank like GS, sold huge risky products to his investors while shorting them at the same time? Because of money?
The same way GS knowingly sold those products and made 20 B$ profit, ripple can decide over a night break the price by increasing the supply to profit more money!
The whole point of Bitcoin was to get rid of these kinda shady things by a few bankers!
