Wednesday , January 16 2019
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The Ripple effect

The term XRP or Ripple may have involuntarily entered your consciousness of late.You probably know it’s got something to do with crypto and/or blockchain but unless you’re a diehard crypto obsessive chances are the Ripple phenomenon has passed you by.So here’s a tweet that perfectly sums what you need to know about Ripple and the absurd valuation of its tokens, XRP:“Ripple is highly centralized & XRP is more akin to a PayPal account than a trustless system like bitcoin…. It's hard to come up w any rational reason why XRP exists in the Ripple protocol, other than as a means for Ripple to make money. Lots of money.“— Laura Shin (@laurashin) January 4, 2018Some other things worth knowing about Ripple.The venture is mired in founder disputes, which are always fun,

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The term XRP or Ripple may have involuntarily entered your consciousness of late.


Izabella Kaminska
Izabella Kaminska joined FT Alphaville in October 2008, which was, perhaps, the best time in the world to become a financial blogger. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine. She has also worked as a reporter on English language business papers in Poland and Azerbaijan and was a Reuters graduate trainee in 2004.

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