Post
Topic
Board Altcoin Discussion
Re: Ripple is not a scam - and you may be making yourself vulnerable to actual scams
by
hypostatization
on 01/01/2014, 03:58:43 UTC
So what about the mining of ripple? how can anyone with a desire create some XRP? They cant. you just have to grease the bankers palms with payola to get their "long term" investment.

You cannot create Ripple. It is not a mining system. Via the World Computing Grid, however, you can earn it: https://www.computingforgood.org/

A lot of people seem to miss that the greatest utility of Ripple is not XRP. It is one component a system that allows transfer and exchange of all currencies.

Users are able to speculate with, trade, and spend any currency that has established gateways. Benefiting from Ripple does not have to take the path of investing in XRP. It provides a means of transferring and exchanging currency without being beholden to closed centralized systems like inputs.io.