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eddiebrock

Zerpening Part 2: The Sequel

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She also states:

“I believe that it’s inevitable,” Lagarde said of cryptocurrency regulation. “We clearly have to move into an activity-based regulation. Forget about the entities, work on the activities themselves: who does what and who is licensed to do what and who is properly regulated and supervised.”

We know who's upfront in that area :lol:

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I Love this guy... please save this all and post whenever you see someone talk about XRP being centrilized.... best answer i have ever seen :heart:

 

The Modern Investor

The use case for Ripple is a quicker payment method for financial institutions and the use case for XRP is cheaper instantaneous transactions for anyone who is willing to use it, as well as giving banks and financial institutions a higher profit margin when they choose to use XRapid for payments. - XRP is infact decentralized, over the next 17 months, for every 2 new nodes that validate transactions on the network Ripple stops one of their own nodes, so, within the next year or so, Ripple will have no dominance when it comes to validating transactions and will actually be the most decentralized coin on the market, beating out Ethereum and Bitcoin as both of these are controlled by Mining Pools who validate the network. the idea that XRP is centralized comes from the idea that XRP was created by the makers of Ripple and is thus somehow controlled by them. No one controls the XRP protocol, nor can they create new coins, nor can they burn and or destroy them outside of what the protocol already calls for. - Holding tokens does not equal centralization, if it DID that would make Bitcoin the largest centralized coin on the market as we know that over 94% of Bitcoin is owned by a few wallets, and this can be seen when looking at lists online of the wallets holding the most Bitcoin (use this link - https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html ). Many people in the space seem to be wrapped up in the fact that Ripple holds a large amount of XRP... so does just about EVERY other coin that has been created, nearly every project, especially those that are pre-mined, just around 40% or more is owned by their creators. In Ripples case, the 60% they do own is locked away in 5 year escrow accounts, in that, each month, 1 Billion XRP is released for the company to use, to fund new projects or to update infrastructure. When the 1 month period if over, any unused XRP is then automatically reentered into escrow for another 5 year period. Meaning the market cannot and will not be flooded by excess coins that have been dumped by the company, because like all of us, they want XRP to succeed as well. Anything I missed?

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17 minutes ago, Wolfaolyth said:

With all the news about sexual harassment we could launch a new thing :

"Engrave your consent in the blockchain !"

 

Lol, that's actually not a terrible idea.

QR codes you scan with each other's phones.

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