Should You Invest In Ripple?
Need to You Invest In Ripple?
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Ripple is a permissioned blockchain that enables trusted third parties to move assets onto a decentralized blockchain infrastructure. Banks join the Ripple network and then produce ‘issuances’ for true globe asset and then have the capacity to trade this issuance with other banks.
Moves cash from Bank A to B.
Its purpose is to decrease the expense of transactions amongst banking institutions by taking advantage of blockchain technology.
they very own above 70% of the coins in circulation
-. XRP was mined all at as soon as by the parent company, with a bulk of the cryptocurrency held by them.
Centralized (Not a true blockchain)
AS of right now ripple is really worth
And has just gone by way of a mini pump and dump. And has experience Pump and Dumps in the past.Practically nothing new in Crypto globe.
Good to have competition and examine what other business are performing
Good for Banks.
Bank aren’t going anywhere so they are adapting.
But, could this be all play to purchase large positions on exchanges to manipulate the prices?
My title is Ameer Rosic, and I am a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist