this post was submitted on 14 Jul 2023
4 points (100.0% liked)

cryptocurrency

172 readers
1 users here now

cryptocurrency

founded 1 year ago
MODERATORS
top 5 comments
sorted by: hot top controversial new old
[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)
[–] [email protected] 0 points 1 year ago (1 children)

That site is full of red flags already lol.

Ledger’s carbon-neutral technology, which uses a unique “consensus” mechanism

I didn't add the quotes

XRP Ledger’s proven technology, enabling consistent standards, privacy, and security.

Privacy?

[–] [email protected] 1 points 1 year ago (1 children)

Ripple is pretty much at the heart of surveillance-finance. They are a WEF affiliate, used in multiple CBDC rollouts (Montenegro, Singapore), partner with Mastercard and WeChatPay (Chinese everything app), the list goes on and on. And yet mainstream crypto is happy to shill for it.

It's a shame that cypherpunk dream of crypto has been rolled over and is now supplicant to vampiric economic overlords.

Thank god for Monero every day.

[–] [email protected] 2 points 1 year ago (1 children)

I don't get the point of their token at all. Even if all the CBDCs in the world run on ripple tech, how exactly does that benefit the token?

[–] [email protected] 1 points 1 year ago

@monerobull @blake I think its main purpose now is to be a Trojan horse. The token is not that important