The statements of ripple

[r00]

Good morning community,
I state that I am new but not too much and, lately, I have heard more and more rumors, statements and definitions of Ripple - starting from whether it is right to catalog a Cryptocurrencies or that it is classified on CoinMarketCap or centralized.

Yesterday evening a FAQ was published on the official Ripple website and I really want to share some points with you:

3. How many financial institutions have adopted XRP?
As of January 2018, MoneyGram and Cuallix - two major payment providers - have publicly announced their use of XRP in payment flows through xRapid to provide liquidity solutions for their cross-border payments. Ripple has a growing pipeline of financial institutions that are also interested in using XRP in their payment flows.

This point, in my opinion, is very contradictory, as Ripple has always stated that 100+ financial institutions had approached Ripple, and yet only two percent use their software. Average a little low at the moment do not you believe? 2 out of 100

5. Is the XRP Ledger centralized?
This is a top misconception with the XRP Ledger. Centralization implies that a single entity controls the Ledger. While Ripple contributes to the open source code of the XRP Ledger, we do not own, control or administer the XRP Ledger. The XRP Ledger is decentralized. If Ripple ceased to exist, the XRP Ledger would continue to exist.

Ripple has an interest in supporting the XRP Ledger for several reasons, including contributing to the long-term strategy to encourage the use of XRP as a liquidity tool for financial institutions. Decentralization of the XRP Ledger is an ongoing process that started right at its inception. In May 2017, we publicly shared our decentralization strategy.

We have been working on the XRP Ledger, which we have expanded to 55 validators on July 2017. We also shared plans to add proof of validators to Unique Node Lists (UNLs), and announced over the course of 2017 and 2018, for every two attested third-party validating nodes that meet the objective criteria above, we will remove one validating node operated by Ripple, until no entity operates a majority of trusted nodes on the XRP Ledger.

We believe these efforts will increase the XRP Ledger's enterprise-grade resiliency and robustness, leading to XRP's continued adoption as the best digital asset for payments.

With this statement, what do you think of the centralization / decentralization of Ripple?

9. Can Ripple create more XRPs?
No. Ripple the company did not create XRP; 100 billion XRPs were created before the company was formed, and after the foundation of Ripple, the creators of XRP gave the company a significant amount of XRP.


Do you think we'll ever see 100 billion XRP around? they seem excessive

What do you think of following these statements?

In my humble opinion, it is in the hands of Ripple Inc. the future of XRP, in the sense, coordinates the adoption of it in the financial world and this means that the adoption of XRP depends on the very capacity of Ripple Inc. to have the their systems from third parties.

In addition, the current supply of XRP is too much, to ensure that the price also rises to $ 10 would mean that it equals or exceeds the Bitcoin MarketCap, and, at $ 10, Chris Larsen would become richer than Jeff Bezos, nothing to contrary to me personally, but are we sure that the other Big consent to this?

What do you think about?

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[Andrey123]

Tired of already with this Ripple!!!!!!!!! 
This is a scam world-wide!

[themaxx]

Tired of already with this Ripple!!!!!!!!! 
This is a scam world-wide!

Agreed, crypto's biggest scam. Their LOGO is a freaking FIDGET SPINNER!!! WAKE UP SHEEPLE!!!!

[vlad230]

As far as I know, if banks will use it, they are not required to adopt the currency itself but the technology behind it.
So, that would not really increase demand for the altcoin in any way thus not increasing the price.

Just my 2 cents

[r00]

judging something from the cover seems excessive ahahaha maybe the logo looks like a spinner, however I was disappointed since the news came out on Chris Larsen, this has caused me a lot of perplexities, because if XRP (I do not think we do) come to the price of BTC it would become richer than Rockfeller's full family ... absurd

[Boxxl]

how can you say this is a scam?

Did they rob someone? Did they stole from one?
No! I think they have the best business case of most crypto.

Banks have a problem, Ripple has the best solution. Thats why it will be much bigger.
Ripple was always in the top 10 on coinmarketcap, since 2014

[PingGermoco]

LMAO,xrp is created by the bankers who wants to rule the cryptocurrency market,a centralized coin period.
I dont like the fiat and the banking system thats why i decided to use cryptocurrency and thats all that matters.

[Sevarchik]

XRP dont likes the cryptocoin, but it supported by main worldwide money holders.
Stay away from this platform, he can freeze your account if you buy when price low and try to sold on high

[yugyug]

ripple is a cryptocurrency for greedy corporate world, it is not in favour for the masses as it is controlled by large banking and financial corporation so they are the one who can manipulate the price but can not be adopted for the masses.

[Hawker]

yes, it is a fact that money transfer is very fast indeed. but I know that this is not happening thanks to blockchain. I think Ripple is a great jolly chain.

[redblock]

Don't think it's a scam yet. Just that the founder is in over his head with this project. What I also know is that I could have bought it in the dip at $0.9 bit didn't, and the next day it was up 60% lol.

[nc50lc]

Tired of already with this Ripple!!!!!!!!!  
This is a scam world-wide!

I doesn't look like a scam but its current market cap does not reflect its true value.
What makes these fomo coins great is: They are profitable for traders, in the right timing.

Agreed, crypto's biggest scam. Their LOGO is a freaking FIDGET SPINNER!!! WAKE UP SHEEPLE!!!!

(lol) Agreed, it could use some upgrade.
Is it that hard for them to hire a better Graphic Designer? Look at their horrible logo.
They are not scam, just an ambitious team with ambitious goals.
The world has just started to realize the potential of digital currencies, we won't know if one of these will be adopted by 3rd generation services and products in the near future.

P.S. I dumped my XRP @ $3.

[sunX3]

ripple is a cryptocurrency for greedy corporate world, it is not in favour for the masses as it is controlled by large banking and financial corporation so they are the one who can manipulate the price but can not be adopted for the masses.

This is why I don't think it'll have a long lasting future (maybe only in China?) but I think it's ok to invest in for some short term profit and fun.

[r00]

Scam I do not think it's a scam, let's remember that Ripple is a company established in the US, US citizens are still very limited, imagine if the SCA was really scammed or who is the time it takes to shut down the engines ... not even they would let him form the company.

[cryptonoob312]

I don't think that it's a scam though I'm really disappointed by what's happening with Ripple. I was very promising and I had a lot of expectations. Let's hope that Stellar that is made by Ripple creators will be fine.