I Owned XRP Before Most People Had Heard of It - Here Is Why I Sold It and Why I Think It Is a Total Scam (Bit Coin, Wealth & Investing)
About this episode
The episode discusses the host's experience with XRP, its centralization, and the legal issues surrounding it.
I owned XRP before most people had heard of it. I watched the price go up. Then I watched it collapse when the founders sold their tokens on the open market. This is that story. In this episode you will discover: Why XRP is not decentralised, not scarce, and controlled by a company called Ripple Labs that has sold billions of tokens to fund its own marketing campaignsWhy the SEC called XRP an unregistered security, took Ripple to court, and even after dropping the case still extracted a $50 m...
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