Ripple XRP Is A Security. Premined - The Primary Reason

in #ripple • 7 years ago (edited)

Confirmation Regarding Ripple XRP As A Security, What’s Been Said?

The security debate continues to surround Ripple and Ripple XRP, the native currency to the Ripple network. Very recently, the United States Securities and Exchange Commission (SEC) have spoken out stating that both Bitcoin and Ethereum do not carry the necessary attributes to be considered a security however, there’s still no official news regarding XRP.



#xrp #bitcoin #altcoins #cryptocurrency
7 years ago in #ripple by
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     7 years ago  

    What is your opinion about ripple? Aside from this security issue? Most people in crypto are not giving Ripple that much credit as it is not decentralized. Curious about your opinion!

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     7 years ago (edited) 

    Personally I think that Ripple has a great potential due to:

    • Ripple has turned the tables on financial activism by directly targeting banks and helping them to instantly and cheaply affect worldwide transfer of money.
    • They have effectively force-fed an incentive that has slowly turned pro-establishment financial institutions to embrace blockchain technology by showing them a better way of doing what they do. Buying and holding XRP is an investment in and of itself in the long run since its traffic, (and hence demand) has been growing.
    • Ripple confirms transactions in under 4 seconds, and it handles more than 10,000 transactions per second.
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     7 years ago  

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