/biz/ - Business & Finance

>>50020203
> Old Scam
Assuming you are a NewFAG. Pic is all you need to know to avoid

>>25162234
because it's an obvious scam and even though ripple, garlinghouse, and Larsen are being taken to court for perpetrating this fraud (this isn't Larsens first time being sued by the SEC either) you idiots still try and shill this bullshit to people who might not know better, kys

>>25156444
pic related explains in the simplest terms why this is a scam

I've never seen these losers so demoralized!!!

Have you figured it out yet you stupid little child, you're not gonna make it, its over, you lost

>>17518774
The only thing that generates revenue for Ripple is dumping XRP on dummy investors. Why the fuck would they burn escrow after IPO? Why would IPO investors invest only to burn their only mechanism of generating revenue?

>>14083183

Owning XRP isn't buying shares in a company that gives you voting rights, gives you dividends in a company that generates revenue. It's just buying chucky cheese tokens that a company says banks will buy at a higher price. Yeah, you can fool crypto retards but big institutions won't fall for that.

>>12731691

If the node you are running is not included in Ripple's UNL then it is ignored. You and your friends and the rest of the world can come up with any UNL you want to but you are not going to be included validating transactions in the Ripple network and cannot vote on protocol changes, fees, etc.

> We also plan to add two third-party validators to the XRP Ledger’s Unique Node Lists (UNLs) in the coming months. UNLs are an important subset of trusted nodes that can validate transactions, vote on protocol changes via amendments and modify fees on ledger.

https://ripple.com/insights/xrp-ledger-decentralizes-expansion-55-validator-nodes/


It's a fucking closed, trusted network where a small group runs the entire network and owns almost the entire supply scamming people with the narrative that banks are going to buy your bags because it's going to free up trillions of dollars they hold in nostro/vostro accounts.