⚡️❌ READ - Many people think that XRP is a shitcoin.
At first glance, this seems to be the case, and any self-respecting person would stay as far away from this token as possible.
But it's only by studying it more seriously that we can get a better perspective on this token and understand just how much of a shitcoin it really is.
XRP isn't just another shitcoin. It's one of the worst shitcoins ever, despite being promoted as a "useful" and "revolutionary" technology.
So if you haven't done your own research (lack of time, lack of inclination ...), here are 10 reasons why you don't hate XRP enough:
1) The network is centralized (this is false decentralization):
Although anyone can become an XRP validator, validators' influence depends on their inclusion in the Unique Node Lists (UNLs), published by Ripple Labs itself and by entities with financial ties to the company.
This gives Ripple Labs de facto control over transaction validation and registry integrity.
And since Ripple Labs de facto controls the XRP registry, decentralization of the network is illusory.
The company can technically modify the system to freeze your funds at any time, or change the rules to create more tokens. In other words, Ripple Labs has final authority over the system. They could just as easily have used an SQL database.
Nobody needs a falsely decentralized system with a token controlled by a company.
In other words, the XRP token literally has no reason to exist.
2) Nobody uses XRP:
For over 10 years, the project has claimed to want to replace the SWIFT system, yet almost no banks use them.
Ripple Labs claims that its system is used by thousands of banks, when in reality it's more like a few dozen, the majority of which have probably been paid to install their system.
For example, MoneyGram has confirmed that it has received payments from Ripple to use #XRP , with reports indicating that Ripple has paid MoneyGram around $50 million over two years (2019-2020) as part of a "strategic partnership".
3) The XRP Ledger has also achieved the feat of being the only "decentralized" ledger to have lost its entire transaction history.
The first 32,569 blocks of the ledger have disappeared and cannot be verified.
Since the Ledger cannot be traced back to the root (the first initial transaction), there is no way for a newcomer to verify that the ledger is correct and has not been tampered with.
4) 100% of XRP tokens were pre-mined:
100 billion XRP tokens (100%) were created from scratch by Ripple, before the project was launched. The team simply pressed a button and reserved all the tokens for themselves (they were given to the creators and to Ripple as a reserve).
As we'll see below, Ripple Labs' business model is to dupe these tokens created from scratch onto small investors to make a profit.
Ironically, #Bitcoin solved the problem of creating money out of thin air in 2009. Those who understand this are buying #Bitcoin.
Shitcoins like XRP are attempts to build on Bitcoin's success by recreating the same problem that Bitcoin solved, and people have been fooled.
5) If you've been holding XRP instead of BTC, you've already lost 50% of your wealth since 2014.
And the loss would have been much greater than that if Ripple Labs didn't still own 50% of the tokens 😂
And yet, there are hundreds of influvolator clowns, even in 2025, who will tell you that XRP will go to $400 or $10000 per token (which is mathematically impossible).
The lack of understanding of the most basic mathematical rules makes you want to cry!
6) Ripple Labs is actively working to destabilize Bitcoin:
Ripple and its team have been one of the biggest sources of anti-Bitcoin misinformation for over 10 years, confusing Bitcoin newbies for years with false claims.
One of the co-founders even donated $5 million to Greanpeace USA to launch an anti-Bitcoin propaganda campaign aimed at "changing the code" of Bitcoin to proof of stake 😂
7) Their level of lobbying of politicians is mind-boggling:
Ripple's second strategy for driving up the XRP price is to get close to politicians, to actively promote public initiatives opposed to Bitcoin adoption and to try to get the USA to create a strategic XRP reserve.
In other words, trying to get the state (and therefore public money) involved in buying XRP so they can continue to dumper their shitcoin all over the country.
8) Ripple's actual business model? Dumper on investors:
Ripple Labs dumps billions of #
XRP created from scratch on the market at regular intervals, to fund its activities.
Brad Garlinghouse: "We would not be profitable or cash flow positive without selling our XRP holdings."
When executives explain their scam themselves, I think it's clear 😂
9) The creators themselves regularly dump their tokens:
Small investors are the exit liquidity for creators, who for years have been selling their XRP created from scratch; they have now become billionaires.
10) In short, XRP has been sold to you as a banking and technological revolution, but in reality, it's just a useless token, a centralized system with no real purpose, that hasn't accomplished anything in a decade.
XRP is one of the worst things the cryptocurrency market has produced (and that's saying something!). It's a slow scam in which you are the exit liquidity.
🗣️ Buy Bitcoin!
