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The Ripple effect

Summary:
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.“ https://t.co/c52yl5joiG— 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.

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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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