Crypto Bros in the house?!?
🗣️ DISCUSSION 💬
To all the crypto guys that lurk among us. For those of us who are crypto-finance retards, what should we be investing in? WTF is the difference between Bitcoin and all the other shit?!? Help us out! I want to get in on this scam
Wasn't XRP a huge pre-mine with 80% of the total supply being owned by Ripple Labs?
Dont forget Ripple "lost track of" (deleted) the first 32,000 blocks in their blockchain history
No, there WAS a genesis block because all blockchains have a genesis block and because it was CENTRALIZED the blockchain was only going off of 1 place to get its history. You dont just have memory corruption issues if you want to make a trusted blockchain. What was Ripple hiding in those first 32,000 blocks?
So the Ripple team was not careful and the fucked up the single most important job of a blockchain which is to have a ledger of where transactions went.
Yes. Pre-mine it was. I used to only invest proof of work coins, my favorite at ther time being monero. But xrp enables cross border payments in seconds across any currency in ways bitcoin could never do. Therefore it already has its place in world banking
Yeah bitcoin is not great for actual use
Bitcoin is not under threat from quantum computing
Yeah,, something like that. Orrrrr, it’s been secretly delved out on private markets so that the countries/banks/corporations that need it for the new financial would already have before we’re officially told what’s happening.
Any way you cut it this would have to happen. It would be an incredibly dumbass idea to announce to the world that there’s going to be a new financial system that utilizes crypto and everyone, including countries/banks/corporations, all buy it at the same time. That could end up costing the institutions and countries that would have to have incredible sums of money and there would be no guarantee they would be able to get what they need.
Just more evidence that the good guys have been in charge for over a decade.