42: Debunking Ripple (XRP)

When people ask us about investing in cryptocurrencies, many of them ask about Ripple (XRP).

Ripple has been one of the top 5 cryptocurrencies for about 5 years now, and since its rise to the top, has captured the attention of many new investors. But investing in Ripple comes with its tradeoffs. It is worth understanding where Ripple comes from, who created it, and what its value proposition is.

In this episode, we talk about “Unit Bias”, “Centralization”, and the Ripple lawsuit filed by the SEC in early 2021.

Mentioned in the show:

Ripple Payment Protocol - https://en.wikipedia.org/wiki/Ripple_(payment_protocol)

Ripple Labs - https://en.wikipedia.org/wiki/Ripple_Labs

Edited and Mixed by Kaushik Sethunath.

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