Hello fellow steemians,
A lot of people in crypto space are very skeptical and adverse to Ripple and its token XRP. I believe it is due to fact that the token was specifically designed to work with existing banking system that many of crypto fans are against as they believe in Bitcoin and other cryptocurrencies that are designed to work exactly opposite. Even the early investors in XRP are getting little inpatient as the price is not moving up much since its fall from ATH. Those people are due to my opinion just greedy and thinking they will get rich in a month or two. The growth of XRP since the beginning of the year until this day was some 30x increase so it is only natural it is taking little rest rather than going additional 10x. The positive news about Ripple are coming constantly with the Banks adopting the technology at fairly fast pace. My point here is to only explain my straightforward opinion why I believe that Ripple and the XRP token is one of the fundamentally strongest coins out there despite the hate it receives. I have been sending money to my home country from various places around the world over the past 15 years, sometimes taking up to 8 days and costing even 100USD at the time. Even though the situation is slightly better it is not perfect and the majority of the crypto enthusiast will at least agree with me how annoying and frustrating it is to send money to your exchange to buy your favorite crypto. It takes me around 5 days on average now and costing some 50USD not even considering exchange rates. It is a BS! I want something that transfers immediately, costs me a fraction in transaction fees and does not cost me a fortune in conversion rates. There you go, this is why I believe Ripple and XRP is the future!
Tomas
CEO & Founder of CGH