XRP is a Bubble!

I am a true crypto anarchist, and this is how I feel about XRP. It is inherently wrong to invest in ripple if you believe in the free market crypto currency is creating.

Ripple is a CENTRALIZED, GOVERNMENT backed coin. If you think that means you investment is safe, you are wrong. I love the blockchain because it has the potential to help us break from the chains the government has put us in and allow us to take control over our lives again, at least financially. Investing in XRP is like betting against Crypto Currency. Do you know who owns most of the Ripple in circulation? BANKS. Banks are taking our precious ethereum and bitcoin and giving us crapcoins in return.  Has anyone noticed the economic state of the U.S. at the moment? Our debt increases every moment, just check http://www.usdebtclock.org/. 

We are still recovering from a recession caused by greed in 2009...these business people also received a bailout from the government; even after the United States single handled took down the entire global economy. Most of these people should be in jail for duping and lying to people. I personally still know alot of people with underwater mortgages after they've had their house for ten years. If you did not loose your house during that recession, you surely were not left unscathed if you purchased in that market. Houses were selling easily for four times their value. EVERYONE was getting approved for money that didn’t even exist. That is why the global economic crisis started as a sub prime lending crisis, right here in the United States.

What does this have to do with XRP? Ripple gives bank the ability to lend ripple coins out to anyone...this quote was taken directly off the ripple website...

"Banks join RippleNet to process cross-border payments in real time with end-to-end tracking and certainty. Banks can expand payments offerings into new markets that are otherwise too difficult or expensive to reach."

How wonderful, a new batch of sub prime borrowers for banks to lend their ripple to. Yes, it is that easy to lend ANYONE ripple. What will all the ripple holders do when people cannot pay back their ripple loans? There is a very good chance this could happen. How often do you see people running away from their credit card bills, or claiming bankruptcy? Their is no way that ripple will not be vulnerable to tons of people defaulting on their loans. If this does happen, ripple holders will be stuck with holding useless bags of xrp. 

The sub-prime lending crisis was a true bubble and the government did not protect us from it. Our financial advisers, the government and other prestigious people call bitcoin and bubble, and still continue to do so even after Bitcoin has went as high as 19k. These people also use crypto currency to send money across borders constantly. People actually listen to the media and financial advisers blindly without doing their own research. Now that we have the technology to have control over our own money, we also have access to a wealth of knowledge via the internet. Use it and invest wisely! 

Protect yourself from the XRP bubble now and do not support this crypto!