/biz/ - Business & Finance

>PoW closed
Ew.

XRP Circulation is based on the trust in escrow and thus trust in institutions behaving properly over a long period of time.

Trust that there won’t be corruption by a trusted third party.

This market exists because we don’t trust third parties. They eventually let you down because greed is too powerful a force. We instead trust code and an incentive structure to prevent bad behavior.

Not threat of jail (because when you are rich, you don’t go to jail anyway).

So by all means put your trust in a company and a board who are under no obligation to protect the value of XRP.

Code is NOT law in XRP. It’s trust in a third party.

So if you can’t read code and don’t really care about the details, by all means gamble on XRP. It’s a good game while it works.

But it’s not in line with the values of the cryptocurrency movement.

Roger Ver can you at least change the image on your bots? It's like a gross blot on the catalog

You guys officially broke ETH.
Good fucking job.

Jeez. /biz/'s motto really is Buy High, Sell Low

>>4728305
>Wrong predictions
>Crude insults
You're gross.