Ripple update: What’s wrong with XRP being a security?
Most of the member in this community already have the positions they are comfortable with or somewhere in the ballpark. If XRP is deemed a security, it simply goes onto the very mature and well established exchanges. The exchanges that have a lot more money than we do and that move trillions of dollars. That should be a Moonboy’s dreams. We might not be able to purchases more and I admit I don’t know what I don’t know about much of the financial trading sector but can someone explain to me why a security is such a bad thing? Would FIs not be able to use XRP for remittances?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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