There are a few reasons I don't like XRP, but despite my dislikes, it continues to succeed. I don't like that that it's an unminable coin, and is self-issued. This shows me that they have the possibility to self-issue their coins to themselves and influence the markets... Which is a good reason for the banks to sign on Ripple with them. I also don't like that it is a centralized coin, with banks using it. Banks obviously have a history of influencing the markets, as that's literally how they make their money. Why would banks sign on Ripple if they didn't have control over it? I don't think a bank is going to let a currency just become worthless, which again, would give them a good reason to control the markets with it.
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Actually if you do your research you'll realize that 1) XRP is decentralized and will actually be more decentralized than bitcoin in a year or two and 2) Ripple cannot issue anymore XRP. That supply is fixed and capped. They do not control the ledger and therefore cannot mint any new coins -- so both of the reasons you dislike it have already been proven untrue. Anything else you dislike about it?
Well, I guess you've proven me wrong. I still don't like it very much because of the banks signing with it, but everything else seems to have been changed since I last researched it.
@cryptinc I feel the same way. I had to really do some digging. I was 100% anti-xrp for a long time because of the wrong information. That's one of the reasons why I had launched this page.
I'll be sure to keep an open mind about XRP. Thanks for sharing the information.