fuck off ripple is a shit scam coin
I just show you an example to what XRP can be used for. And this is your response?
Dont be afraid of a change, of something thats much better.
The only scamcoin are all those with high fees that steal your money. That includes Bitcoin
I don't give one shit about your example because it makes zero sense to anyone that understands decentralised trustless systems.
Let me give you an example.
This board is for decentralised trustless crypto currency.
TRUSTLESS DECENTRALISED
Ripple = narrowly distributed manipulated and colluded dirt. It can now NEVER be trustless - you can not transition through a period of trust at any stage of the journey to become trustless.
See these are not comparible.
Do you start to see now???
You cant have a distribution that goes like
we will give it out for free.... actually no fuck off we will keep it all ourselves.
This is a obviously manipulated and controlled bag of dirt.
It may be useful to those that created it and control it but you can not compare it to trustless decentralised crypto currencies.
I am not afraid of it I just don't like people comparing things and pretending they are comparing on a level playing field when they are not.
Of course you can.
They have locked down 55 billion XRPs in escrows. Only 1 billion gets released each month. To be used on growth of the Network. Not to sell for their own gain.
That removes any possibility of shorting the system by selling all the XRPs.
The nodes are scattered across the globe. Nobody owns the majority. It can live on if Ripple goes bankrupt in the future. Thats the very definition of decentralized.
Bitcoin however can be wrecked by a 51% attack. 5 biggest mining pools can do a majority attack.
So much for Bitcoin safety...
Ripple cannot be forked, its united.
Bitcoin is forking all over the place. If anything is dirt, well that is Bitcoin.
Yet some ignorant people think Bitcoin is the future. Well thats wrong. Dead wrong.
Same about the fud that some people parroting about Ripple. Very little of it is true