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RE: Why are bitcoin loyalists bashing Ripple
The ripple technology is a tested product. Its been used for a while. It's perfect for money transfer companies and banks.
The ripple technology is a tested product. Its been used for a while. It's perfect for money transfer companies and banks.
When you buy XRP coins, do you think you are getting a small share of some type of ownership of Ripple technology? You need to do more research on your assumption.
No. i get no part of ripple company stock. XRP is a currency already in use to transfer funds. lots of mainly japanese banks use it.
Too much "pump and dump" for my liking. It's a rigged game. you can make money trading it if you are patient and not too greedy.
I didn't assume anything. i know XRP and ripple are two different things.
i bought XRP at 30c and sold it for $2.5. I know what it is and who owns it..
Ripple technology is tested and proven. And owned 100% by Ripple Labs. Ripple technology and XRP coins are two different things.