Quote:
Originally Posted by ainarssems
I don't really see the point of Ripple, it's not decentralised and with existing stablecoins and inevitably coming CBDCs( central bank digital currencies) what is it that Ripple does better?
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Nothing. But I think it's probably a good short-term investment choice for someone wanting to dip their toes into crypto-investments. And I think the very qualities that make it fall short of the '
true cryptocurrency' definition are, somewhat ironically, viewed as desirable qualities by many, especially those who are new to cryptocurrency concepts and are uncomfortable with idea of investing in a faceless, mathematically-governed currency. So I think Ripple is probably a good stepping stone, and it's likely it will succeed on the back of Bitcoin in the short term, but I would be looking to exchange it for BTC before it peaks.
As for Bitcoin, I was hoping for a good pull-back (maybe even $17K) to accumulate more, but it's looking unlikely that's going to happen now. In fact if the NUPL indicator is anything to go by, this bull-run may have only just got started ...
Bitcoin price set to rise by more than 700%, suggests crucial on-chain metric
https://www.fxstreet.com/cryptocurre...c-202101051819
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Mark
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2002 FE S8 Ebony Black Pearl
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