Ripple – Future in Banking
Buy Ripple (?)
Just a few months ago people were talking that Ripple would be the successor of Bitcoin. His creator might be one of the richest man on Earth. Today it has become exactly what analysts warn about – cryptocurrencies are risky because there is so much volatility. Ripple confirms this thesis – sometimes it gain even 40% in ONE DAY. If you want to start your journey with crypto and buy ripple click button at the bottom of page.
What Ripple (XRP) is?
The Ripple 2019 protocol (XRP) is design to allow the immediate and direct transfer of money between two parties. Any currency you can exchange, from currency payable in gold and even to airline miles. They also claim that they avoid the fees and waiting times of traditional banking and even cryptocurrency transactions through exchanges.
The Ripple protocol company, OpenCoin, was the co-founder of CEO Chris Larsen and CTO Jed McCaleb. McCaleb is well established in digital currency, derived from Mt. Gox, which currently supports most of the world bitcoin transactions. Larsen had previously been a co-founder and managed the online finance company E-Loan. Other programmers from the Ripple team also have bitcoin facilities.
Recently, OpenCoin received a funding round from Andreessen Horowitz, FF Angel IV, Lightspeed Venture Partners, Vast Ventures and Bitcoin Opportunity Fund.
– Ripple is originally designed as a daily payment system, so it’s much safer than Bitcoin. As a result, transactions are much faster and cheaper.
– Ripple started operating as an official organization because its main purpose is bank exploitation. So it is not subject to many regulatory controls like many other cryptocurrencies.
– You can exchange Ripple for any currency or valuable (like gold) with a uniform minimum commission.
Banks which support the Ripple service:
- Axis Bank
- Tak, bank
- Kredyt Unii
Buy Ripple – is XRP worth to invest?
As highlighted above, Ripple is the official organization with the trust of many banks – this is not another Blockchain startup from noname.
All tokens are initially mined and already exist, consequently no inflation.
The more banks use it as a trading platform, the higher the XRP value. If one day all banks decide to start using it as a unified banking currency, instead of processing unnecessary currency exchanges – this will bring a fortune to all early birds that have invested in Ripple. In addition, its actually top 3 crypto by marketcap, after BTC and Ethereum
CONS: It is highly centralized, so in other words, its denial of the whole idea of cryptocurrency which is to avoid centralized control. Ripple developers can decide when and how much to spend or not to spend. So it’s just like investing in a bank.
Start with us – Buy Ripple Tutorial
Finally, time to make decision. Its time to launch your crypto adventure! Learn how to buy ripple and invest in ripple with us. Click button below for more instruction.