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avatar of @chekohler
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@chekohler
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How is XRP not a shit coin according to you?

To me it's centralised, it's basically a database more than a blockchain, they can mint as much as they want, they actively change the issuance all the time, and they constantly dumping into pumps and then buying back and "burning" it. lol what a joke of a coin that was premined and handed out to institutions pretty much exactly like fiat is used.

Its entire business model revolves around institutional settlement but liquid BTC can do exactly that and already as synthetic assets like stable coins making it better than XRP in my opinion

There's also no incentive system for validators so there's a greater financial incentive to mess with supply and issuance

To me, there is no real future for XRP except for the short-term extortion of speculators.

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