why is ripple a bad coin

Last Updated on November 2, 2023 by Paganoto

Why Ripple is Worthless (And Some Other Coins As Well)

Why Ripple is Worthless (And Some Other Coins As Well)

In the crypto scene, Ripple is accused of not being a real blockchain. The reasons are that it is centrally controlled, intransparent, isn't mined and is controlled by a company. However, for Ripple's purpose, those are not bad things. After all, for 45 years banks have been doing very well with a centralized Swift.

Why You Should Avoid Investing in Ripple's XRP Token

Why You Should Avoid Investing in Ripple's XRP Token

In a nutshell the Securities and Exchange Commission has been investigating whether XRP token is an unregistered security for nearly two years, …

What do you guys think about XRP as a long-term investment …

What do you guys think about XRP as a long-term investment …

The main reason why people consider XRP to be bad is because it is not decentralized like Bitcoin and Ethereum, but rather created by a single company, …

Ripple: Defined & Explained | The Motley Fool

Ripple: Defined & Explained | The Motley Fool

Ripple is a payment protocol that uses blockchain technology to process international money transfers. It offers low transaction fees and extremely fast …

What Is Ripple? What Is XRP? – Forbes Advisor UK

What Is Ripple? What Is XRP? – Forbes Advisor UK

The idea is that Ripple serves as a trusted agent in between two parties in a transaction as the network can quickly confirm that the exchange …

What Is XRP (Ripple)? – Forbes

What Is XRP (Ripple)? – Forbes

Versatile exchange network. The Ripple network not only processes transactions using XRP. But it can also be used for other fiat currencies and …

Ripple's XRP Token: What It Is, What It's Worth Now and …

Ripple's XRP Token: What It Is, What It's Worth Now and …

Usually, that currency is the U.S. dollar. XRP can serve as an intermediary currency in the same way, but for less cost per transaction.

3 Big Problems Ripple Investors Can No Longer Ignore

3 Big Problems Ripple Investors Can No Longer Ignore

While Ripple is “not a bad investment” right now, major challenges exist when it comes to long-term prospects for its bank-oriented digital token (XRP), …

Ripple Price Prediction | Is XRP a Good Investment?

Ripple Price Prediction | Is XRP a Good Investment?

XRP not mineable​​ The other thing to point out is that XRP is not a mineable cryptocurrency, unlike the likes of Bitcoin. Instead, every single one of the 100 …

What is XRP and why is the price dropping? | The US Sun

What is XRP and why is the price dropping? | The US Sun

CRYPTOCURRENCY XRP has continued its months-long nosedive this week, hitting its lowest price since July. The eighth biggest coin has struggled since early …