Ripple has Exploded to the Upside in 2017.
I have been around the world of Crypto Currency since 2011 and started taking it serious in 2014. Ripple has been around since 2012. In my eyes I see no chance for a coin backed by the bankers in this world filled with people who are anti-establishment. 2017 has proved me wrong, so freaking wrong! We are being co-opted!
This coin is the epitome of what I believe this movement was meant to stop. Do we really want the same people who have showed us that they do not care about our savings in control of our free market money?
Back in 2014 and as late as summer 2016 I owned Ripple. Frankly at the time I was clueless about what it was. Like many of these newbie crypto currency investors I bought it with the hope of a quick profit. Then I went down the rabbit hole a little further and realized Ripple was the one coin that I should not be supporting. If you want to go down the rabbit hole Tone Vays and Peter Todd can show you the way.
Crypto Scam #6 Ripple (Peter Todd)
In depth Ripple talk begins at minute 30. Prior to that Tone and Peter discuss Mt. Gox's founder and the Mt. Gox hack.
History Leaves Breadcrumbs.
I always look at the developers and team behind a crypto currency. I recommend you do the research about Ripple. The video above is a great start. If you are like me you are in this space because of the value of decentralization and Ripple is centralized. Please be careful of what projects you support with your money. When you buy a crypto currency you are essentially voting for its success.