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Message Subject Ripple xrp who’s got it
Poster Handle REaliZe
Post Content
I had to get out.

I don’t believe in XRP.

They distribute 1 billion coins a month? They buy back the coins to “stimulate” (read: simulate) growth. Everyone claims utility but not a single person is using it for that. It’s a literal day trade coin with a very thin facade, I think.

BTC for life.
 Quoting: REaliZe


Xrp is pre mined so almost 0 energy cost, rest are locked in escrow- plus coin burn making supply reduce over time= deflationary asset

Good luck with energy hog btc that china controls & can be shut down by ccp at any time, plus it has 0 utility, just a popular brand name

Cryptos with use cases, utility will far far surpass pump n dump speculative cryptos
 Quoting: Hibodharma


It is NOTpre-mined. It is pre-generated...

Bitcoin is a decentralized crypto (no matter what you claim about CCP), where XRP is centrally controlled by Ripple Inc. That means there is no mining.

Ripple Inc is the issuer of XRP tokens and they are in a position to print how much ever they want. According to Ripple Inc, they plan for a total number of XRP less than or equal to 100 billion tokens.
 
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