Home Altcoins News Ripple (XRP), Bitcoin, Visa, USD which is more Sustainable?

Ripple (XRP), Bitcoin, Visa, USD which is more Sustainable?

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The Ripple XRP community members feel that it makes no sense when XRP just follows Bitcoin. They are expecting Ripple to do something about it.

A common opinion is that the dollar is absolutely not sustainable too much money being printed trillions and trillions of debt impossible to bounce back at this point we will soon not be the World reserve currency.

Previously Sid John Leopold stated:  In the scientific article, “I compared Bitcoin, Ether, XRP, and the USD on the VISA network.” He pointed to:  “XRP as a blockchain is more efficient than the USD in the Visa Network. Visa is built only for efficiency I would say. Of course, there are some security parts there, but they are a centralized company that has a centralized server that handles transactions.  Still the XRP uses less energy than the VISA network.”

Investors without Greed:  People are too greedy to see the whole picture. Everyone wants to get rich, but most don‘t have the patience.

SEC Concerns:  This is all blue sky and very interesting, but right now or in the relative near short term, it would be good if Ripple could update us on what they’re doing about the SEC. You must realize your community had this front of mind right now.

Eyes are on Gary Gensler:

For those who do not know Gary Gensler.  He is the SEC Chairman. Early this month, Chairman Gary Gensler stated that the focus is on pricing incentives that exchanges and high-speed traders use to attract orders. When talking at an industry conference he stated, after examining the market structure consisting of high-speed traders who are influencing several small investors to place orders leading to the rise of online brokers, whose technology is capable of doing more trading.

The agency is likely to consider changes to rules, which govern the minimum price increments on the exchanges. 

It is good that these things are changing, because they have a higher impact than watching a short data, because only if those things change will the data actually matter because it will be more accurate.

The current trend is like:  Gary Gensler, needs to step in and end the corruption and Dark Pools. Large buyers/sellers should affect the market, that’s the point of a free market, one entity moving large blocks without moving the price is not.

 

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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