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One reason it's good for the cryptocurrency ecosystem is because Ripple was never a real cryptocoin, in the decentralised trustless blockchain sense like basica
by pixelpoet 6y ago
One reason it's good for the cryptocurrency ecosystem is because Ripple was never a real cryptocoin, in the decentralised trustless blockchain sense like basically all the others.
A bit of a loose analogy might be regulators stopping the sale of "cheese", which is not actually cheese, next to cheese products. All the other actual-cheeses were cheapened by this "cheese product" being sold alongside it.
- arcticbull 6y agoSure it is, it's just not a cryptocurrency you happen to like. Some people liked it some people didn't. It's just a religious thing. Re: cheeses regulators would only stop the sale if it was harmful. They may say you can't call it cheese anymore, though. Not really the same thing. A real life example is Velveeta.