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tomb

Bronze Member
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tomb last won the day on March 2 2017

tomb had the most liked content!

About tomb

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    https://twitter.com/runninglow

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    United States
  • Ripple Address
    TomB

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  1. Jesus 🤣... I wouldn’t knock him for his stock image choices. Think of all the crap articles you read amongst the crypto “coin” news outlets, despite not agreeing with every single thing he says, he does a pretty damn fine job presenting facts to support his topics. Just continue to provide your opinion so we can debate - that is what is fun about this space.
  2. I agree our energy crisis is much larger than bitcoin. The reason we have problems with pollution is because the government agency fines are cheaper to pay than actually fixing the problem (economics 101). If we want to fix the problem it has to do with reversing this issue. Having some of the greatest tech minds in the world (crypto related community) working on a better means of energy production could push awareness and solutions much further in a shorter period of time. I understand XRP uses much less energy than bitcoin but killing bitcoin over energy consumption, rather than looking for better solutions, would push the entire digital asset market back years in my opinion (including XRP). Losing our main digital SoV would not be good for any crypto asset.
  3. Yep, utility will increase value and though the tech is awesome it can take even decades for real adoption.
  4. We waited 4 years before the price increase in 2017. Consider this a chance to accumulate more - I wish I would of thought less about the price 3 years ago and more about how I could get more.
  5. Always great posts Hodor (BIG fan)! These are my thoughts on why I think both Bitcoin and XRP can coexist. Definitely not picking one side or the other - just see advantages to both if the bitcoin side can get their **** together. Settlement vs Store of Value There are key differences with governance on distribution, mining for distribution and decentralized transactions. Governance on distribution (like Ripple and XRP) is needed for efficient settlement. This is why XRP is the best crypto for settlement, without some governance updates are slow (BTC), the lack of some control over decisions makes it a drawn out democracy (ruled by the people) with two sides disagreeing for months or even years on something like block size (or border walls PoW Mining for distribution (like Bitcoin) is great for SoV. Think Gold, a great hedge to government issued currency (not claiming XRP is anything close to government issued) because government issued currency is an extreme case of governance on distribution while gold is mined. Do NOT think I'm comparing XRP to fiat because I'm not, just similar in the sense that there is some control over distribution. PoW is more predictable when it comes to distribution but the lack of governance makes it a horrible form of settlement (like gold) but as a hedge to any governance it gets an A+. Decentralized transactions has nothing to do with governance on distribution and is often misinterpreted by the PoW community. XRP is (or will be) one of the most decentralized transactions we have due to the use of validators rather than miners verifying transactions (network increases while bitcoin network of miners seems to shrink). Many argue XRP will have more decentralized validations of transactions and be less susceptible to attacks and I'm not sure how you disagree. I like this quote from an article I enjoyed below regarding environment and bitcoin. I agree it is a problem but I wouldn't throw bitcoin away for this reason. "Electricity production can increase while still maintaining a minimal impact on the environment. Rather than focusing on how much energy bitcoin uses, the discussion should center around who indeed is producing it—and where their power comes from." https://qz.com/1364657/bitcoins-energy-consumption-isnt-as-bad-as-you-think/
  6. Ripple is not going to respond to your tweets LOL. I’m sorry you bought with the bandwagon but you can’t blame Ripple. They have been the most upfront about the risks of investing in digital assets, more than any crypto foundation in existence. You bought into an entire market that was bubbling, sorry to hear but investing involves patience and discipline so you can either sell and wait for the next get rich quick opportunity or you can hodl until XRP hits $10 (Monday). I wish you the best.
  7. Just the thought of Tiffany picking XRPTrump as her handle makes me LMAO.
  8. I think Coinbase + XRP relationship would do good for both sides despite the dislike for one another. Newbies don't understand infinite divisibility and think of cryptocurrency like real currency. The results in the last bull run proved this when LTC shot up the charts because most new investors "couldn't afford" 1 BTC. It would be great if XRP had a position on Coinbase during the next bull run when the same occurs. As a newbie, would you rather buy 10 LTC or 1000 XRP - more than likely they will chose whatever gives them more due to incompetence on supply and divisibility. Coinbase is also the wallet of choice for less tech savvy adopters (not saying I would recommend but...) so I would consider it a huge plus for adoption because it provides easy onboard and a sense of false security for those type of buyers.
  9. Chandan Maddanna and CoinRypto are pretty legit. Chandan is playing it similar to David (cautious) because he has relationships to JP Morgan Chase I believe. If you aren't following him you should be. I wasn't following CoinRypto, but I am now. Sounds pretty legit but nothing wrong with having doubts and continuing to get confirmation. Cheers!
  10. Interesting. Ripple got/gets crapped on for running majority of validators (turning them off would decentralize the network). Hand picking is centralized without a chance to become decentralized. Maybe plans to change in the future similar to Ripple’s cautious approach? Maybe. But NEO definitely has some growing to do and is probably way overpriced at this stage.
  11. The crypto industry seems to think decentralization has to occur instantaneously but is that really the best scenario to achieve fair distribution? What is wrong with becoming decentralized over time? I don't have an answer but I personally think Ripple's plan will lead to a better decentralized and evenly distributed XRP.
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