Everyone keeps hyping XRP like it is some essential banking token but that is not true. RippleNet, the network, might be used by banks for messaging or liquidity. XRP itself is completely optional and banks do not need it at all. Even if every bank in the world started using RippleNet tomorrow, XRP would still be useless. Its price exists only because people speculate not because it actually solves a problem. XRP has no intrinsic value never did and never will. The token is not necessary for payments or banking and is mostly hype wrapped in a shiny package.

    Why do so many people treat XRP as revolutionary? Am I missing something or is this one of the biggest hype bubbles in crypto?

    XRP is not a bank coin it has zero real value and never will
    byu/jazz_king_seb inCryptoCurrency



    Posted by jazz_king_seb

    32 Comments

    1. XRP’s only “banking” use case is as the personal piggy bank for Ripple – dumping on dim witted fanboys to fund their real trad-fi business.

    2. No crypto has value.

      It’s just the illusion of value and always has been.

      The fuk you on about.

    3. If you dont like it then don’t buy it.You havent done enough research to know what youre talking about.

    4. stories_from_tejas on

      It’s been tied up in lawsuits for years because somebody big and powerful really wants their hands on it. I’m not going all in, but I think having a small position to see what happens is worth it.

    5. You must’ve got kicked off the XRP board because if you would’ve said that you would’ve got kicked off, I did ha ha

    6. TheRicFlairDrip on

      Thats why ripple has been buying fintech companies recently. See one of Brads latest tweets where he mentions that all of these purchases are done with XRP in mind. Also you didnt see the latest mastercard partnership?

    7. I’m still a little skeptical but all the energy into XRP fud makes me want to keep buying more

    8. Xrp is gonna do some amazing things. Don’t care about any other opinions. If only y’all knew.

    9. Same can be said abt any crypto including bitcoin. None of them have any intrinsic value but neither does the dollar

    10. Oh, you must be new to crypto, since when did it have to have a use case to have value? Just look at all the shitcoins.

    11. Intrinsic value doesn’t exist. Things only have subjective value on specific scenarios and context.

      Why are we even still having this conversation? This topic was already solved more than 100 years ago.

    12. Ya XRP is absolute bs. Why would you want to send 1 billion $ in 0.03sec across the globe for .04c ? This is dumb. I rather go through the bank and wait 4 to 6 business days and pay 7%. Duh

    13. I think all crypto will play its role in the near future. How else do you think they’re going to wipe out 35+ trillion dollar debts? I believe crypto will be the catalyst.

    14. fromthesaveroom on

      The only intrinsic value the United States dollar has is that it can be rolled up to snort coke through or burned for heat.

    15. I own no xrp but I love these hate threads. Bear market classic. Lol what ultimate dog shit token did OP buy? Hating on n xrp won’t make your bags pump.

    16. Crypto is a pump and dump. The people I know who got rich off crypto have cashed out already and moved on with their lives.

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