Ripple and XRP are the same, here's the PROOF!

Trolls will be trolls, but we don't believe them!

Many have been told by lovely internet "helpers"(trolls) that Ripple, the business venture, who is partners with 29 various large world banks and fortune 500 companies like Microsoft and Cisco Networking that XRP and Ripple are not the same. WRONG! In the case you don't know who these companies are you should really look them up, they are global leaders in the technology sector and are key to the rigorous development of the XRP networks infrastructure and security. Ripples Chief Technology Officer Stefan Thomas sets the record straight:

"Ripple isn’t creating any other cryptocurrencies or proprietary coins for banks. XRP is it. That means that Ripple success directly equals XRP success."¹

Ripple = XRP

Indeed, it is as said by the CTO. The banks who have signed up with Ripple will be using XRP exclusively for currency exchanges (i.e USD to CNY). You can go to Gatehub to see that this is one of the main purposes of XRP and already running on internet exchanges. BANKS ARE NEXT! On Gatehub you can use one currency to exchange it into another via XRP. This makes it a lot easier than going to the bank, which is still an option. However, if you do need to go to the bank for remittances the transfer will be much faster using XRP than the old snail SWIFT systems.

Here are some other key facts Ripples Chief Technology Officer Stefan Thomas states that ensures that XRP is here to stay:

"XRP will soon be more decentralized than even Bitcoin. Thomas recently wrote a blog post explaining how."¹

"Not only is there a finite amount of XRP — just as with Bitcoin — XRP is actually a deflationary cryptocurrency, which means that a tiny amount of XRP is permanently shredded after each transaction. It’s the opposite of unlimited supply. As time goes on, the supply of Bitcoin remains the same while the supply of XRP will actually shrink, making it even more valuable with each passing day."¹

"What about the fact Ripple owns about 60 billion of the 100 billion available XRP tokens? Ripple just announced they are putting 88% of those tokens they own into escrow smart contracts for a period of at least four-and-a-half years. The structure of it means no one has to worry about Ripple flooding the market by selling their own XRP holdings. The fact that they are putting them into smart contracts means they can’t renege on that later even if they wanted to."¹

Trolls fall back!

So, please remember, when your ear is to the streets always verify. Trolls are out only to keep you poor at heart, mind and pocket. DigitalDr is here to help you see what you can do to gain financial freedom and hopefully free the rest of your person.

Cheers!

P.S. If you are looking to get into Crypto currency check out xcoins by clicking here. You can buy any amount you like even down to the smallest decimal. If you have any questions you can contact me on Skype @ mydigitldr.

Cited Sources: ¹