XRP is being baked into the CBDC infrastructure. https://ripple.com/solutions/central-bank-digital-currency/
booooooooo
this post was submitted on 14 Jul 2023
2 points (100.0% liked)
cryptocurrency
170 readers
2 users here now
cryptocurrency
founded 1 year ago
MODERATORS
That site is full of red flags already lol.
Ledger’s carbon-neutral technology, which uses a unique “consensus” mechanism
I didn't add the quotes
XRP Ledger’s proven technology, enabling consistent standards, privacy, and security.
Privacy?
Ripple is pretty much at the heart of surveillance-finance. They are a WEF affiliate, used in multiple CBDC rollouts (Montenegro, Singapore), partner with Mastercard and WeChatPay (Chinese everything app), the list goes on and on. And yet mainstream crypto is happy to shill for it.
It's a shame that cypherpunk dream of crypto has been rolled over and is now supplicant to vampiric economic overlords.
Thank god for Monero every day.
I don't get the point of their token at all. Even if all the CBDCs in the world run on ripple tech, how exactly does that benefit the token?