Why does the #bitcoin community hate #xrp ?? 🤔
#asknostr
Discussion
It threatens Bitcoin speculators (NGUs) fiat bags.
because its a scam like every other premined shitcoin
IMO even if it’s a shitcoin, it can still make money (which can then be exchanged for more Bitcoin)… that’s how i see it at least - as a tool for stacking more #bitcoin
Because it's not bitcoin.
It’s a scam
Because it is the most centralized shitcoin that ever shitcoined.
Ripple larps its 100% pre-mined coin xrp is decentralized.
Ripple larps its revenue is not 95% xrp token sales to retail.
Ripple has been shifting its narrative since inception because xrp doesn't have a use case other than to make its creators rich.
Ripple spends millions on advertising to retail through unscrupulous influencoors and social media bots.
Ripple spends millions on campaigns to shit on bitcoin for thoroughly debunked reasons.
Ripple spends millions on lobbying regulators under the guise of needing regulatory clarity when it's just another scam unregistered security.
I don't think I need to keep going.