Western Union thinks Ripple is trash!

[jamesashmore1964]

What can I say: Ripple is maybe full of BS!

I do not think this is FUD.

https://www.ccn.com/western-union-ceo-not-impressed-by-ripple-trial-doesnt-see-bitcoin-replacing-fiat/

Ripple could be deemed a security in the Californian courts. This could set a precedence for everyone to sue coins that they lost money from that are deemed as securities: This is not an environment for a Savy investor to invest in before clarification and outcome of what I have said: Don’t challenge what I have said because it is reality in the big city and if you can’t see it go back to school!

[googs84]

Impressive. XRP was anyway shit coin and it will always be shit one no matter what. First of all it is not the real crypto coin as it runs completely centralised one and they always keep manipulating or holding the prices at one place all the time. The emission rate for this coins is unlimited one and thus makes me think why they even created that one. If this coin is not going to have any value in the future then why is it even in the crypto space. They could have just made it in the real world and offered banks some hand shakes. 

[eaphrodites]

I doubt that.  Banks love ripple..a means of control still.

[Svelto]

Although I am not a ripple supporter, but I find it strange why the banks are joining ripple to test its block chain system and western union is not impressed. Perhaps western union will come up with a better block chain, let’s see.

[Old God]

I doubt it too, they are not the brainchild of a Bank, i mean they are independent system, so they make financial services for customers and they do not support the ripple, agreed with them too

[Wuddly]

Hikmet Ersek said that for six months of studying Ripple's proposal for cross-border payments, the company still wants to see real money savings in order to make a decision on using the XRP crypto currency.

[spopovss]

I think Western Union is garbage.
Who uses it? WU is the past, and if they do not use blockchain, they will die.
Many world banks use ripple technology.

[sarfwr]

I'm actually curious about what XRP does.
Wouldn't Banks around the world be better off using blockchain directly to make a blockchain's cryptocurrency than XRP?

[iconoclast]

I am not a fan of Ripple but you have to wonder what is the point of Western Union in a world where I can transfer money to you through a cryptocurrency. I expect that since such a large portion of their business is transferring funds that they will be one of the first of the financial services dinosaurs to be made extinct by cryptocurrency.

[silverleafy]

They are saying this because they are afraid. Ripple is much better than banks.
Western union bank has the biggest fees on the world while ripple has very low fees!

[owmivmen]

Ripple is reported to provide fast and cheap transaction services? I prefer to use stellar at a low cost in every shipment and fast. I am confused why ripple has a big community? what is the advantage of ripple?

[pinoyrichkids]

I still doubt it until now.,but i dont think that ripple will last long for few more years., but some other major business and other financial intermediaries are now accepting and integrating with ripple, ive heard recently that they have partnered with moneygram, i dont know if the news is true or not, but it has been posted anywhere else, last month. Some banks still recognizing this ripple., and my question to myself, what is the future of this currency since this is centralized.

Hoping to clear my questions in few more days, since im still searching the right answer on the internet.

[tom14cat14]

Ripple is centralized, so the ideology of ripple breaks crypto main principle - be decentralized. I never invested in it. Also this is the one of the reasons why it was dumped so much after last pump. Maybe it is very quick and cheap, but it is piece of trash!

[Pumuckel21]

Western union is one of the sources (banks) which ripple was created for. But why do banks not just invent their own curreny with their own coin ? Why should they even use ripple

[Nivelir]

Let's talk honestly, very much lately information that Ripple is accepted by banks, but now when the market falls and we see these falls with you, news with other headlines appears, how do you think it looks like?

[samuellim853]

I don't really like Ripple atall but obviously Western Union is going to say similar about any crypto, it's a new competitor for them.

[Yudhisthir]

Western Union is a trash. The company with the support of US empire was enjoying a cartelling of different products and services around the world.
Now with blockchain technology on rise they are afraid and frustrated. With less support and tougher competition, they'll soon go out of business.

[Bitcoininspace]

Ripple had a big hype around it and after that we saw that this is shit coin.. I think this coin is a dissapointment of investors.

[passivebesiege]

Impressive. XRP was anyway shit coin and it will always be shit one no matter what. First of all it is not the real crypto coin as it runs completely centralised one and they always keep manipulating or holding the prices at one place all the time. The emission rate for this coins is unlimited one and thus makes me think why they even created that one. If this coin is not going to have any value in the future then why is it even in the crypto space. They could have just made it in the real world and offered banks some hand shakes. 

What ?
A shit coin?
What is the credible reason that is a shit coin?

[frowsiter]

Banks might be in love with XRP technology but to be honest they have no use of the XRP coins itself. The XRP is important for investors but it looks like it is failed project when it comes to the crypto investors. Banks will be just interested in the XRP tech and their features which they are giving to the banks so that they can benefit. For this they may invest in it but does XRP will circulate those funds in the crypto space because its centralised and its completely in their hands. Im not sure XRP is doing great they are really trash.