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5 Karma

Review on XRP by Evan O'Buch

Revainrating 5 out of 5

I believe that Ripple or the xrp coin is a vital cryptocoin in the current…

I believe that Ripple or the xrp coin is a vital cryptocoin in the current market and will continue to not only bring on new big important clients but it will make its way into mainstream transactions and opportunities to help the banking industry across the board. I predict that one day the Ripple coin and the Ripple team will be at the Forefront of the current Swift system used for processing transactions for major Banks. Xrp has to be the future.



Pros
  • Ripple is a fantastic cryptocurrency that some note as actually not a true cryptocurrency. Ripple has the ability to process transactions at a very high speed with no transaction cost. Ripple is very easy to purchase and applications for its use are already mainstream with Partners such as Microsoft MoneyGram and American Express.
Cons
  • The concert rounding Ripple are that it's not a true cryptocurrency because it doesn't have a true decentralized Network like many. Also the fact that the Ripple team holds a massive Reserve position in xrp coin as worried some investors.

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