XRP and the whole Ripple Foundation are the deep state’s “backup plan”.
Stay away from XRP.
Bitcoin, is the only truly decentralized crypto that is worth obtaining. All other PoW coins are too small.. and all PoS chains are ultimately centralized (albeit in a ‘decentralized’ way).
I agree that XRP is deep state (as is Solana), but Bitcoin is not the only truly decentralized crypto. Cardano is a phenomenal project and could even be used to secure US elections. BTC is an amazing store of value but its transactions are slow and expensive comparatively. Therefore, Cardano would be a much better candidate to secure Real World Assets.
While I’ve got no specific beef with Cardano… it is a Proof of Stake blockchain.
It is far too easy for any large entity or government to produce enough stake size to become the top validator on the chain, and thus it becomes centralized.
Proof of Work on a chain with a massive hashrate where no single entity can easily or cheaply take over 51% of the network hashrate…. Is the only truly decentralized consensus model.
Trying to buy him.
XRP and the whole Ripple Foundation are the deep state’s “backup plan”.
Stay away from XRP.
Bitcoin, is the only truly decentralized crypto that is worth obtaining. All other PoW coins are too small.. and all PoS chains are ultimately centralized (albeit in a ‘decentralized’ way).
I agree that XRP is deep state (as is Solana), but Bitcoin is not the only truly decentralized crypto. Cardano is a phenomenal project and could even be used to secure US elections. BTC is an amazing store of value but its transactions are slow and expensive comparatively. Therefore, Cardano would be a much better candidate to secure Real World Assets.
While I’ve got no specific beef with Cardano… it is a Proof of Stake blockchain.
It is far too easy for any large entity or government to produce enough stake size to become the top validator on the chain, and thus it becomes centralized.
Proof of Work on a chain with a massive hashrate where no single entity can easily or cheaply take over 51% of the network hashrate…. Is the only truly decentralized consensus model.