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Ripple CTO Shouts on XRP Troll, Says ‘Big Banks are not One Thing’


Amidst XRP’s ownership discussion on Twitter, David Schwartz, Ripple’s Chief technology officer reacts to simultaneous tweets. He shouts at a tweet that points out the trust factor of XRP across Big Banks.

XRP Troll Continued

It all started from Jan 21, 2019, by a Twitter user David Gerard who talks about XRP army and Bitcoin Maximalist. And it hits the mainstream when a famous journalist, Frances Coppola responds to the ongoing discussion. During the discussion, Coppola disagrees to a statement that says

No country move too far without USD/Crypto guidelines’.

She then talks about the biggest obstacles to xRapid adoption, a product of Ripple. According to her, XRP token relies on around foreign exchange (FX) risk. Likewise, she adds, ‘major banks often concern about the control, capacity and FX risk – which appears an obstacle for xRapid’s emergence across banks. To note, xRapid uses XRP token to fund real-time liquidity.

And XRP is more unstable than any major currency., Coppola…



Read Full Story : Coingape

2019-02-01 09:15:18

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