Rolling Out The Critics.

[banistersmind]

“For me it’s just a no-brainer that their software isn’t that good,” Saunders said."

But he doesn't explain why their software isn't that good. 

I love it how these two bit "news" sites always seem to seek out the critics with an agenda. 

https://stockhead.com.au/cryptocurrency/xrp-is-mooning-again-so-we-asked-to-2-pro-crypto-investors-whats-going-on/

[RipMcGillicuddy]

13 minutes ago, banistersmind said:

“For me it’s just a no-brainer that their software isn’t that good,” Saunders said."

But he doesn't explain why their software isn't that good. 

I love it how these two bit "news" sites always seem to seek out the critics with an agenda. 

https://stockhead.com.au/cryptocurrency/xrp-is-mooning-again-so-we-asked-to-2-pro-crypto-investors-whats-going-on/

The fud like that always makes me second guess things for a SECond. I think it's true probably that they didn't get some of the big targets for early adoption. But then, they've always stated, as long as I remember at least, that their approach would be to work their way from the outside (relatively smaller institutions/regions) to the inside, since the big players are the slowest to move and have the least incentive to do so. Well we can see now that they already have the incentive.  

This seems to be exactly what they are still doing so I think Ripple has done enough to be a player in the space for some time to come. They still claim that the switch is right there for their clients to flip if they want to extract more savings through XRP. It would be great to see the use of XRP take another significant step this year.

By the way, VISA only just stated they'd be using a stablecoin, and several issues have been pointed out with that patchwork solution meant to maintain VISA's status as a critical middleman (isn't DeFI supposed to be cutting those out?). 

Quotes from crypto twitter fudsters trying to patronize others just make me dig my heels in more. 

[banistersmind]

1 hour ago, RipMcGillicuddy said:

The fud like that always makes me second guess things for a SECond. I think it's true probably that they didn't get some of the big targets for early adoption. But then, they've always stated, as long as I remember at least, that their approach would be to work their way from the outside (relatively smaller institutions/regions) to the inside, since the big players are the slowest to move and have the least incentive to do so. Well we can see now that they already have the incentive.  

This seems to be exactly what they are still doing so I think Ripple has done enough to be a player in the space for some time to come. They still claim that the switch is right there for their clients to flip if they want to extract more savings through XRP. It would be great to see the use of XRP take another significant step this year.

By the way, VISA only just stated they'd be using a stablecoin, and several issues have been pointed out with that patchwork solution meant to maintain VISA's status as a critical middleman (isn't DeFI supposed to be cutting those out?). 

Quotes from crypto twitter fudsters trying to patronize others just make me dig my heels in more. 

I'm certainly learning to spot these tools more quickly these days. 

[PlanK]

Quote

And as an investment firm, Apollo is wary of the XRP army.

“When the SEC news came out I did some digging and we were looking to see if (XRP) would be a good short opportunity,” Harcourt said.

“But we decided against it, because we think the investor base is a bit irrational and lack the fundamental understanding of cryptocurrency.”

LOL.

But I can see where they're coming from if they get their 'crypto news' from the likes of Twitter or recommended vids on YouTube.  If I swum in those cesspools I'd also come away feeling all the crypto armies were a bit nuts.

 

Quote

“They’ll try and claim its decentralised but it’s all smoke and mirrors. To me (the platform) is already obsolete and outdated when you look at the tech available in DeFi.”

And here they show that they're not really experts in anything.  DeFi is certainly gonna roll the older obsolete platforms, well one platform in particular, and it ain't XRP.

 

 

 

[Gepster]

16 hours ago, PlanK said:

I can see where they're coming from if they get their 'crypto news' from the likes of Twitter or recommended vids on YouTube. 

They get their info from sophisticated research entities. Everybody in the cryptospace hates Ripple.  XRP still going to moon regardless of what OG cryptonerds think though.

[brianwalden]

1 hour ago, Gepster said:

They get their info from sophisticated research entities. Everybody in the cryptospace hates Ripple.  XRP still going to moon regardless of what OG cryptonerds think though.

In an interview this week, David Schwartz used the analogy of a veggie burger with bacon. Lots of people like bacon on their burgers and lots of people veggie burgers, but not many people want a veggie burger with bacon. It's perfect. That's what Ripple is.

[Gepster]

7 hours ago, brianwalden said:

In an interview this week, David Schwartz used the analogy of a veggie burger with bacon. Lots of people like bacon on their burgers and lots of people veggie burgers, but not many people want a veggie burger with bacon. It's perfect. That's what Ripple is.

What he actually wanted to answer there: Libertarians hate the fact that we own the vast majority of the supply because that goes against the whole thesis of crypto. Besides that Developers dont wanna work on XRP because they'd rather work on a network where they can get ownership of a large proportion of the Coins just like my boss did.

But that doesnt sound good coming from a CTO, so he came up with the analogy.

Edited April 10, 2021 by Gepster