Title: Beware with RIPPLE Post by: electrobit on April 22, 2018, 04:24:12 AM One of the improvements of Bitcoin and Blockchain is the decentralization, through Bitcoin you can send money wherever you want, and the amount you want with no restrictions, but I think personally that Ripple (controlled by banks) can "affect" the system again.
The crypto world is changing all the financial system BUT I am not agree with the system or with the Ripple Blockchain. This coin can be amazing for people who holds because the same reason that represents (backed by many important banks). But its centralized system make we continue in the same system like fiat money. If you all can see is the coin with more supply in CoinMarketCap, taking us to a king of inflation as it is happening now with the paper money in some countries, as they control it, they can print xrp when they want (the same control like right now). So... The money should not be controlled by an unique server. It should be limited to control inflation and to force people to move the economy... This is my opinion respect to this coin, there are too many people knowing this kind of topic, please let your opinion. Am I being exaggerated or I am correct with this opinion? What you would advice for newbies respect to this coin? Thank you for your feedback! :) ;) |