The one Crypto that isnt based on what Cryptos should be based on, hits #2 mc

[SchlaWinner]

I mean, its good to have a coin that hits new heights and all that, but Ripple is the Banks coin. Sure it might have just the right usability, but FIAT does too, doesnt it?!?

Seeing Ripple somewhere around 20-30c was fine, simply because it feels like it has always been in the crypto world.

But wtf, Ripples current position.. thats like Trump becoming the president of the US. oh wait...

https://i.imgur.com/O6DjGxG.png


Really dont know how to feel about Ripple going insane.

[1715405440]

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[1715405440]

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[pedropendukot]

You are right XRP's position is shocking more and more investors are switch to this centralized coin,what would be the crypto's future if XRP dominates the market? bankers will win again?

[CryptoAlphaStar]

On what basis we deem Ripple being part of crypto? Just because coinmarketcap listed them? If Ripple wasn't listed there, than it could have been developing as a traditional company on the traditional exchanges and we would have never known about its existence. Its here to suck money out of the crypto world. And a lot of investors doesn't give a shit about the crypto world. They give a shit only about making money.

[KwizatzHaderach]

Regular people only care about making money, not on some lofty ideals. From what I know, XRP isn't really used for txns. It is just a token with no use case.
Seems just a way to raise money for the Ripple Labs company.

[SchlaWinner]

On what basis we deem Ripple being part of crypto? Just because coinmarketcap listed them? If Ripple wasn't listed there, than it could have been developing as a traditional company on the traditional exchanges and we would have never known about its existence. Its here to suck money out of the crypto world. And a lot of investors doesn't give a shit about the crypto world. They give a shit only about making money.

Pretty much sums up my thoughts as well. I just dont know whether even the crypto community as a whole has a chance to stop the real big whales and investors from putting ripple up there at the top and watching the ideals of crypto - decentralization as the most important - suffer.

[Bytem3]

It's not what cryptocurrencies are supposed to be. But Ripple is an excellent use of blockchain technology for banking. It makes transactions fast&cheap and solves the bank trust issue.

Regular people only care about making money, not on some lofty ideals. From what I know, XRP isn't really used for txns. It is just a token with no use case.
Seems just a way to raise money for the Ripple Labs company.

Banks are paying fees in XRP. There are plenty of other, way more useless cryptocurrencies

[左]

It's not what cryptocurrencies are supposed to be. But Ripple is an excellent use of blockchain technology for banking. It makes transactions fast&cheap and solves the bank trust issue.

Regular people only care about making money, not on some lofty ideals. From what I know, XRP isn't really used for txns. It is just a token with no use case.
Seems just a way to raise money for the Ripple Labs company.

Banks are paying fees in XRP. There are plenty of other, way more useless cryptocurrencies

Besides that a crypto currency was supposed to be decentralized, and nothing like ripple is.

[AK47-]

BTC was built to stop from a centralized figure from meddling in. It's deflationary and decentralized model was built on this belief. And it's astounding to see a centralized currency fare this well for so long. But fret not, this is only because of coinbase listing xrp. It will fall. This is just riding the crypto bull. And we know how long is that going to last.