Review on XRP by Elysee Montissol
My thoughts on XRP
I particularly think this project has a lot of potential , some people don’t like the XRP project because they think it aims is to help the banks which defeats the reason why Crypto currency was created in the first place. I believe that The banks haven’t been around for the time that they have by being stupid. They will have to adapt and they will. I don’t have a problem with having a man (the banks) in the middle, I won’t to be able to hold someone accountable just in case a transaction goes wrong and needs to be tracked. Currently Ripple the company behind XRP is being sued. On the last day of former SEC Jay Clayton chairman chose to sue Ripple for selling unregistered security’s but XRP in my mind isn’t a security. When I bought XRP I didn’t believe that I was buying a share into Ripple, to be honest I didn’t know Ripple existed. I can’t help to think that Jay Claytons lawsuit isn’t politically motivated.
Pros
- The speed of transaction
Cons
- The need for clarity in the USA
