/biz/ - Business & Finance

Ripple has been scamming investors with buzzwords, hype and POC partnerships into buying their worthless fidget spinner tokens for 7 years now. Their token is not utilized for anything but dumping it on dumb investors for easy money

In 2016-2017 Ripple was shilling that XRP would be used XRP to free banks' Nostro/Vostro accounts freeing hundreds of billions in liquidity
In 2018 Brad Garlinghouse annonced on CNBC that major banks would use XRP in 2018 and magnitude of banks would be using XRP in 2019.
In 2019, they paid a bunch of fly by night remittance companies like Cuallix to announce they were using xRapid which used XRP for money transfers.
Recently in 2020, xRapid had an upgraded shill name ODL (On-Demand Liquidity) and Ripple paid failing company MoneyGram to use the service with Ripple doing wash trading being the Market-Maker for this to work because there was no volume/liquidity for XRP. Suddenly, Western Union makes a bid on MoneyGram and MoneyGram is no longer interested in using XRP for some scam ODL POC. ODL numbers fall to floor and Ripple shills no longer spam about ODL volumes.
Ripple now starts shilling PayID. Gotta find some vaporware use case to hype to dump worthless tokens on gullible investors.

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