Re: Blockchain update
Interesting considering XRP is the only digital currency out there with a specific use case: to replace SWIFT - a use case which you yourself admitted can reduce costs by hundreds of billions. This all comes back to what the early adopters of bitcoin failed to see: the average person isn't a paranoid libertarian - they do not care whether a digital currency is decentralized. Early bitcoin bugs laughed at gold bugs for being archaic, but at this point it should be obvious that bitcoin bugs are themselves archaic. Bitcoin fails on anonymity, fails on scaling, wastes an enormous amount of energy, and is too big at this point to alter - it is a dinosaur.
XRP will be useful in reducing transaction costs and increasing transaction speeds for international payments (something bitcoin claimed it could do before rebranding to gold 2.0).
I have already sold the bulk of my XRP - since the scalability debate has already happened. I believe the next debate will be around fungibility.
Originally posted by Adeptus
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XRP will be useful in reducing transaction costs and increasing transaction speeds for international payments (something bitcoin claimed it could do before rebranding to gold 2.0).
The reality right now is that everyone that is potentially wrong is in fact still a winner. In a multi-asset mania, everyone is temporarily right, and it's not possible to see who in fact picked the long term winners until much time has passed. I.e. .COM bubble.
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