I had a boomer ask me about XRP recently, this was my answer.

I buy bitcoin because I'm not putting all my value in something someone else gets for free. I'm not trusting my life savings to something where 1 person can change the rules on a whim. XRP foundation gave themselves most of the supply for free before anyone else got a single token. The foundation can also change the rules at any time because it isn't distributed. So basically you have reinvented the federal reserve scam with less oversight.

I don't know if they really got it. I do know it made my position clear enough they didn't ask me about it anymore.

Reply to this note

Please Login to reply.

Discussion

Yeah, I tried with this sort of response. What I got back was totally dismissive:

> Obviously there can be only one if it's to be a global currency. Solana, XRP, Ethereum....we're figuring it out. I don't think it's going to be Bitcoin in the end. The first one is never "the one".

> If I pulled out now, I'll have made money. I think that means I win (because it's gambling and gambling is a game).

Like most shitcoiners, they don't see or refuse to internalize the technical fundamentals that are the reason bitcoiners make the distinction between bitcoin and crypto.

the only cure to shitcoining is getting rekt we’ve accumulated 99.9% of reasonable bitcoiners at this point it’s just a waiting game now

I feel like I was able to navigate my way out of the crypto trap, none of it appeals to me anymore. I don’t know why others can’t see it, but I can’t solve it for them.

yes the ultimate question: why can’t everyone see it? why is the answer so obvious to us? i’ve never been able to answer this one myself.

It’s like the lottery why do people play it for the chance to win big now for those who choose to go all in on hopeium I don’t have words