So... I have bit the bullet and purchased my first "crypto coins", using Revolut.
Ripple seems like a good place to start for a newbie like me. As it has crashed because of the investigation by the US authorities. And I do not believe they will do anything really.
For a couple of reasons:
1. They didn't successfully prosecute the Bernie Maddog er.. Maddoff scam, even if they received insider information that it was a Ponzi scheme.
2. Should they successfully prosecute and convict Ripple, that will have major implications for other crypto currencies.
When it is all said and done, I am betting that Ripple will vault much higher to catch up again
....
edit: not to mention how many times wall-street banks like J.P Morgan has been fined with a slap on the wrist for manipulating the silver market. No-one will ever be arrested for breaking the law. It's all part of the game, and cost of doing business
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Johannes
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Audi S8 -99, Pearlescent, Alcantara/silk napa leather, Burr walnut insert, Alcantara roof lining upper pack
A8 32V engine
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Jeep Grand Cherokee -98
Last edited by Regulus; 29th December 2020 at 09:55 PM.
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