My cousin just called me hypin this XRP stock, "Its the future of digital currency, the next bitcoin". Im pretty wary of it tbh. I been buying silver and gold. Just curious if you guys had knowledge of it. I guess it just WON a settlement against the SEC?
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I like xrp. Bitcoin won't work as a currency if there is mass adoption since transfer fees will be too high. Central banks use, or will use xrp but they also use plumbing and electrical wiring. Meaning just because a bad guy uses it doesn't mean it doesn't have value.
It's a beautiful concept. Just got coopted by the monied folk. But no one can take it away from you unlike a bank that can seize your money.
If on an exchange or show up in person. If it's in a cold wallet and in your possession then it's impossible.
Bitcoin is less volatile than many real world currencies.
Only used by small countries now. A few years ago it was "only used by computer geeks / criminals".
What's the volatility on a hyperinflating currency?