[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 33 KB, 416x387, IMG_2554.jpg [View same] [iqdb] [saucenao] [google]
8936812 No.8936812 [Reply] [Original]

Shill me on ripple anons. A powerful guy at a top firm asked me how to purchase it, i talked to him at a dinner a couple of months ago about crypto. If we end up in a discussion about the pros and cons of ripple (i dont currently own it and havent done much research) what would you say are the biggest ones. Thanks

>> No.8936843
File: 7 KB, 318x159, add.jpg [View same] [iqdb] [saucenao] [google]
8936843

>>8936812
>consider yourself shilled

https://trends.google.com/trends/explore?date=all&q=Ripple

POP

>> No.8936925
File: 57 KB, 665x641, IMG_2610.jpg [View same] [iqdb] [saucenao] [google]
8936925

>>8936843
I want pros and cons anons

>> No.8936947

crypto destroys banks. ripple doesn't fit into the picture. tell him its a shitcoin and look like a genius. tell him to buy Bitcoin Cash and he will be sucking on your balls in 3 months

>> No.8937021

1. It's run by a solid team which has a shitload of financing.
2. While their goal of essentially becoming the 21st century version of SWIFT is ambitious, they are lazer-focused on this particular niche and not trying to be 10 different things at once.
3. Banks and MSBs have been working with Ripple to integrate their product. This trend is likely to continue and the list of clients is likely to grow since they offer a cheaper, easier, safer solution to global transactions than what presently exists.

>> No.8937070

>>8937021
Would this be a direct competitor to chainlink or would ripple use Link?

>> No.8937083

>>8937070
dude ripple has the juice to code their own decentralized oracles. most top 100 projects do. stop.

>> No.8937093

>>8936925
ill get you started
>pros: centralization
>cons: centralization

>> No.8937170
File: 94 KB, 800x800, you.jpg [View same] [iqdb] [saucenao] [google]
8937170

>>8936925
Cryptocurrencies have no pros. Here let me give you the circular though process of those infected with the Bitcoin meme and all of its offshoots:

>hate the bankers
>fixed amount
>decentralized
>denominated in fiat
>centralized
>unlimited supply
>hope the bankers save you

See how nothing was solved? ll it did was fee up some exchanges and pay the IRS.

>> No.8937203

Ripple token is pretty useless since banks can just use their tech without using the token

>> No.8937225

>>8937083
I have no idea what you just said. I swear this shit is just buzzwords that no one understands.

>> No.8937271

>>8937203
That's what I thought but I also read that each each one has to hold 20xrp to make a transaction and a certain amount of xrp gets burned

>> No.8937274

>>8936812

It is the best crypto in exisstence

>> No.8937291

iIm not a fan of xrp because it crashed so hard after a big run up. its like the biggest shitcoin that pump and dumps. there are beautiful cryptos that mov higher through thick and thin, why gamble with a the giant shitcoin fidget spinner?

>> No.8937796
File: 279 KB, 1437x908, XRP Will Save You.jpg [View same] [iqdb] [saucenao] [google]
8937796

>>8936812

>> No.8937820
File: 72 KB, 979x594, Ripple Network Corporate Partners.png [View same] [iqdb] [saucenao] [google]
8937820

>> No.8937825

>>8936812
it's not even a crypto.

>> No.8937837
File: 172 KB, 1598x1801, XRP and global money transfers.png [View same] [iqdb] [saucenao] [google]
8937837

>> No.8937852
File: 63 KB, 842x494, 1522973192195.jpg [View same] [iqdb] [saucenao] [google]
8937852

>>8937825
Nobody gives a fuck.

>> No.8938032
File: 959 KB, 1597x891, Interledger.png [View same] [iqdb] [saucenao] [google]
8938032

>> No.8938706

>>8937271
The 20 xrp that stays in the wallet is to prevent attacks on the system. Xlm is shilled so hard on this board yet it also has the 20 xlm requirement. Not sure on the burns though with stellar. With xrp the coins that are burned are a nothing amount. Considering that ripple has one of the most professional teams whose actually making partnerships with what is it now over 100 banks or something, you'd be stupid not to diversify into both xlm and xrp.