As it exists today, blockchain cryptocurrencies usually have two methods implemented to support the network: Proof of Work & POS , being DPOS a further development of POS holding most of it's basic elements. Now, in the case of Ripple or more accurately said XRP, let me ask you. How is consensus achieved?
If you can't answer that question or even worse, if you don't care to answer that question, then in my opinion you are walking blindly into the slaughterhouse.
You would think it would not take much explaining to point out the risks involved in such a system. In other words, manipulation is just too easy to pull off, without even pointing out that we are effectively imitating the way fiat works, the SWIFT network, adding a logo and calling it a crypto.
With Ripple labs holding 100 billion coins on their vaults, you would also think that the idea of a clean distribution is a pipe dream for the foolish, but at this point I'm just beating a dead horse in an attempt to drive this home.
If the idea was to take back our self governance through decentralization of power. Then why, if we are given a new canvas to rewrite our economic systems are we gravitating towards painting the same picture? - This makes very little sense to me and it seems so self defeating, it's frustrating.
A quick way to dismiss a mature conversation on the subject would be to say something along the lines of: "Your hatred for banks is going to make you miss out on all the profits"- To this line, which I heard from a video recently I have a silly replies too: (I apologize for the strawman)
Granted, I'm being ridiculous, but the point I'm trying to make is that the position some take when it comes to ripple, calling me a "Bank Hater" is not an valid argument at all.
If enough of us took back financial control over the governments, we could achieve the one thing that no politician, as pretty as they might learn to speak could ever accomplish under our current "democracy" ; Peace!
If we took all that power back. How could they maintain the grip on us? It simply would not be possible. Hence why I can't just think about "The gains" as the only measurement of success.
If you are a Ripple HODLer I wish you luck. But, I hope that enough people wake up to the fact that the way towards winning our peaceful rebellion is not by becoming best friends with the ones that declared war on us.
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