I owned XRP before most people had heard of it. I watched the price go up. Then I watched it collapse when the founders sold their tokens on the open market. This is that story.
In this episode you will discover:
Why XRP is not decentralised, not scarce, and controlled by a company called Ripple Labs that has sold billions of tokens to fund its own marketing campaigns
Why the SEC called XRP an unregistered security, took Ripple to court, and even after dropping the case still extracted a $50 million fine and what that tells you about what XRP actually is
Why Ripple deleted the first 32,000 blocks of its own transaction history and why that single fact should tell you everything you need to know about how transparent this project actually is
I built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.
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