![]() ![]() ![]() And from what i seen the banks love it becuase it is centralised which goes agianst other crypto currencies which are decentralised like BitCoin etc.īut has anybody know which banks are supporting them?Īnother user asked in an earlier post (In this thread) "Why do banks want this even though a bank can just make its own?" Great question!Ī few answers in my opion is, The architecture is already there, its tried and tested, it is scalable, and more inportatly (IMHO) it can be scarce which i imagine banks like, you can't have quatitivie easing with something that is scarece becuase you can't make any more, like bitcoin (Which personally is the reason it think BTC is going up, people die, people loose HDD, people just fuck up) becuase with something of limited amounts making some of it univalible makes it more scarce and hence valuble, I think Satoshi said in his paper (I may be wrong) but he mined a load of coins then decided to delete the private key for good, and he said every crypto coin inventor should.īut I want to know the question to ask the same quetion that i answered why do you guys think that banks would want to join in to XRP?Īnd also, with BTCc the smallest amount is a Satoshi, has XRP got a similiar? ![]() Okay, You CAN NOT mine ripple! The site that was posted is used to mine some other crypto currency like bitcoin and you are paid in ripple which is not worth it. ![]()
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