Everyone talks about centralization, with companies and foundations exerting control over blockchains, but have you ever seen a blockchain that's so centralized and permissioned that it cannot even be audited? The Ripple/XRP "blockchain" is broken since the first 32,569 blocks are "lost". The company deleted all those blocks. This company has been aggressively promoting CBDC for years, funded media attacks on Bitcoin using money they got by dumping their premined shitcoin, and now they're spending their premined loot in DC to lobby against Bitcoin and pushing for corporate-issued CBDC. If there's a "cryptocurrency" that is the sworn nemesis of everything Bitcoin stands for, it's Ripple. By far, the most blatant scam in the industry. Ripple has no reason to even use a blockchain except to deceive people into a false notion of affinity to Bitcoin. [link] [comments] |
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