Have you even one argumetn against ripple ?
Excellent post from DieJohnny.
Ripple has done nothing but plummet the last few months. There is zero reason this coin is worth 2 billion and i am glad it was put back on Crypto market cap because it will accelerate the mass exodus from a coin that is going nowhere.
The number 1 reason this type of coin and NXT and QRK and any other coin will ultimately fail is because you cannot buy adoption, a community, an economy. You cannot purchase or acquire in any way the ecosystem that will make the coin actually worth more than zero.
Mined coins are ingenious because the ecosystem is organic, the ecosystem is first created by the miner and then others eventually join in to make a community.
Very similar to the gold mining era in the USA, huge communities would blossom overnight to support mining towns. The connected infrastructure created San Francisco.
However, you cannot buy a few hundred people put them in a town and wave your hands dramatically and say come here, come here, buy my gold!!
Everyone will laugh at you.
The number 1 reason this type of coin and NXT and QRK and any other coin will ultimately fail is because you cannot buy adoption, a community, an economy. You cannot purchase or acquire in any way the ecosystem that will make the coin actually worth more than zero.
Mined coins are ingenious because the ecosystem is organic, the ecosystem is first created by the miner and then others eventually join in to make a community.
Very similar to the gold mining era in the USA, huge communities would blossom overnight to support mining towns. The connected infrastructure created San Francisco.
However, you cannot buy a few hundred people put them in a town and wave your hands dramatically and say come here, come here, buy my gold!!
Everyone will laugh at you.
