Fears and uncertainties affect present and future of XRP

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In light of the controversy over XRP (known as a cross-border transfer currency) created by "Ripple" and the FUD that accompanies this debate about the nature of XRP.

Is it a currency or securities?

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Media reports that the Bitcoin has attracted a major investor Last month, investor Stephen Cohen, who set up an investment fund focused on digital currencies and investing in companies based on the Blockchain technology.
Through Cohen Private Ventures investing in Automanus Partners, that buys digital currency and shares in companies based on the Blockchain technology.

Investment in companies based on the Blockchain technology, is a promising investment and is still fertile and full of investment opportunities and is a magnet for traditional capital looking for the next generation of investments in the decentralized digital age!

if this is a good news especially for Bitcoin and cryptocurrency world in general, but it isn't for XRP and Ripple because of this fund did not include the XRP in the digital currencies it was interested in investing in!

Although it is difficult for us to know the investment intentions of the Fund in the future !? But his choice not to invest in XRP raising concerns about dealing differently with this currency.

The US Securities and Exchange Commission must determine that XRP were securities or not.

Add to all these, opinions that Ripple accuses of controlling a large amount of currency, so it is largely concentrated in the hands of the company and this situation is contrary to the most important terms of digital currencies that decentralization.

But Ripple CEO, Brad Garlinghouse, says the company's ownership of Ripel does not give it the ability to control it, much like Saudi Arabia, which owns oil but does not control it.

Other opinions from within the company said it was sure that XRP would not be classified as securities, and that it was not concerned with those who promote these concerns and doubts about to service of their own agendas.

For me as a believer in the technological solutions provided by Ripple and XRP and the main goal to facilitate the movement of money around the world, by make it moves​ as the information is transmitted on the internet, using the technology of the Blockchain, and as an investor in this currency, waiting for a decision of the US Securities and Exchange Commission (SEC) and I hope XRP not to be classified as a security, but if it classified as a security!? I will consider it as any losing deal.

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source:
ccn
ripple
coindesk

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