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RE: WHY RIPPLE (XRP) IS A GOOD INVESTMENT

in #xrp7 years ago

I agree that it will probably be the most institutionally adopted coin in the near term, but what about that makes it a good investment? Scarcity is my main concern with ripple as an investment. I think it will be a useful tool for the banking sector to try and catch up with cryptocurrencies, but I would avoid it as an investment.

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Adoption and real world use are the main reasons why people are not investing in crypto. XRP is backed by financial institutions and Google. It is the biggest coin in terms of market cap with practical and real uses other than a store of value. What about scarcity is concerning?

the same reasons i'm not investing in USD

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