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Ripple XRP: Is JP Morgan’s Cryptocurrency A Threat To XRP?

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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Resources:

JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business
https://www.cnbc.com/2019/02/13/jp-morgan-is-rolling-out-the-first-us-bank-backed-cryptocurrency-to-transform-payments–.html

3 Big Banks Building Their Own Cryptocurrency
https://www.cryptolerance.com/3-big-banks-building-their-own-cryptocurrency/

IMF says governments could set up their own cryptocurrencies
https://www.theguardian.com/business/2018/nov/14/imf-says-governments-could-set-up-their-own-cryptocurrencies

@RIPPLEXRPIE TWEET:
https://twitter.com/RippleXrpie/status/1096042502312865792

Photo Credit:
https://cdn.theatlantic.com/assets/media/img/mt/2014/10/AP317009074002/lead_720_405.jpg?mod=1533691707

Tags : cryptocryptocurrencyRipple XRP NewsxcurrentxpoolXPRxrapidXRP Newsxrpbtcxrpeurxrpusdxvia

10 Comments

  1. what if every bank make their own coin to send money around.. then there will be no use for xrp for big banks.. For example… JPM has a bank in USA and has a bank in lets say Russia.. all they have to do is send those coins to the Russia bank and make a payment locally now since the funds are in Russia. Am i wrong??

  2. When price goes up, no problem. When price goes down, how much of their customers money will they be willing to throw at it to keep the price up? Or are they going to own it all and then create/burn coins as needed?

  3. Such Shame for Ripple and XRP, after so much fraud and scam, their organizer got so greedy, try to buy and sell under private investors. Now they are exposed, firing one or to personnel not going to resolve the issue. In fact Cory is not fired, he is well organizing the Ripple but doing it private. After all him and other organizers own over 80% of Ripple.

    Just like Enron, they got reach by scam and cheating the hard earn individual’s money. Shame of these organizers. They destroyed a great Crypto only because they wanted more and more.

    Shame on you and shame on these agents who keep putting lies try to make individuals excited. Ripple will never get any better, these organizers who own 80% of Ripple are making enough by trading upstream and downstream, by trading 80% at the time.

    By the end of 2019 Ripple and XRP will be under .01. Be careful we need to wake up and look at reality. I hope the government could put these scam artists in jail just like Enron.

  4. Don't see how people didn't get it. Sbi using is own coin for there money movement. They will be lots of different COINS internally but only xrp application can do instant cross border payment.

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