XRP again had its Lawyers clearing the controversy around the coin. This time it was Brad Garlinghousethe CEO and Michael Arrington. Brad Garling House on XRP as Security and Decentralised Coin!589$ Is Confirmed For Xrp I am saying it because
589$ Is Confirmed For Xrp
589$ Is Confirmed For Xrp
Brad Garlinghouse said about Ripple and blockchain that he that if one really wants to revolutionizes the way payment process tech system it’s not going to happen overnight and as an individual as everyone is not going to give up their existing banking system or infrastructure to take up something new. Already a bitcoin bull news circulating, Garlinghouse told that one single ledger of Bitcoin is not enough to solve all problems of internet and banking. It is where XRP trends into the chart as it had built super tech over the decentralized ledger.
Adding some cardamom to it he said that the people who hate and blame Xrp and call it a Scam actually do so is because Ripple is moving ahead day by day and partnered with banks instead of replacing them.
Arrington founde of Arrington XRP Capital, defending XRP as they are invited on Tech Crunch’s Disrupt SF 2018. Adding flavor to this, XRP was also showcased with a great news as SAP is already started testing XRP ledger.
He answered one question about the decentralization, He utters the XRP ledger is completely Decentralised and Ripple cannot control that ledger.
Note: All the thoughts are my personal so make your own research before investing in any cryptocurrency, I am not a financial advisor nor an expert
He adds some pizza Cheesy toppings saying that Ripple only holds 7% of all public nodes on the ledger Contrary to China where 3 miners hold 50% of bitcoin nodes making Bitcoin more centralized than XRP. He said there is a FUD in the market that Ripple could block or roll back a transaction which was completely a myth.
As per Brad, the FUD of wrong information is creating a lot of zigzags. TO show the bullies mirror, Garlinghouse, even gives a weight saying that if Ripple shuts down tomorrow the XRP ledger would continue to operate because it was independent.
Answered on XRP being a security, Garlinghouse said that a security gives center rights to the holder such as dividends, ownership and voting rights. He again gives chili sauce to haters saying if one buys XRP he doesn’t get any rights with respect to company Ripple. He told to ask those who call XRP a security and I say it 589$ Is Confirmed For Xrp
Details of how and what SAP is working on were unavailable but then also this announcement definitely is a big positive for XRP. If this implementation of XRP goes successful, Xrp will reach every company and every user that uses the SAP system.
Cleaning the FUD confusions and finding a huge use case could be the best news XRP could get in the near future. The coin has got their favorites irrespective of market sentiment on the dilemma that whether it is a security or not and this news should at least bring some harmony to stressed souls Xrp will do what is best for the world, are you in or just scratching the mirrors? 589$ Is Confirmed For Xrp