Hi to all, this is Coin Girl and in today’s video I want to get your opinion on Ripple.
What is Ripple?
Ripple is a a blockchain technology solution that allows banks to efficiently transact with other banks to settle transactions in real time. They say it connects not only banks but also crypto exchanges, corporates and payment providers
On coincheckup.com it seems to be on number 4 and it looks quite tempting to buy it as it is in top 5 alt coins, it is very cheap and it seems that it’s on a bull run.
Its market cap is huge, 9 billion dollars!
Its max supply is 100 billion dollars, at this point, there are 36 billion in circulation.
It makes it quite tempting to buy it right? I am asking what is your position regarding this coin?
A friend of mine who’s crypto knowledge base exceeds mine a lot is saying he is not trusting it as it's centralized and focuses on banks, He also mentions that ripple is it's 5 due to the massive coin supply and it doesn’t bring anything to the decentralised crypto environment.
Find out my opinion by watching the below video!