XRP ( RIPPLE ) Discussion - All about XRP
What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?
What do you think guys about RIPPLE, are they good for long term investment?
And about XRP(BTC) to BTC, how fast and where I can exchange XRP to BTC instantly?
BTC are distributed by math. XRP are distributed by 3 guys at their whim. XRP could still be a good long term investment, but I wouldn't bet on it.
https://bitcointalk.org/index.php?topic=873723.msg9661686#msg9661686
Yes, I think you are true, its dont allow to feel safe if distributors of XRP holds such big part of issued XRPs :/ Anyway, its all more or lest just a game, so anyway I will invest what I can afford to loose and lets see what will happen with my 5-10k$ investment after a year
Hope for the best.One other thing to keep in mind:
Ripple is focused on banking infrastructure, not end user products. One danger in this approach is that banks like to create consortiums for the products that they rely upon in common. It's entirely conceivable that a number of bulge bracket or central banks could adopt the Ripple protocol, for their own version, run their consensus nodes over a private intranet/VPN, and obviously, use their own token.
TLDR; banks could adopt the technology and yet make XRPs relatively worthless.