Chainlink (LINK) is a solid ERC-20 token. It has a head start in terms of adoption and a real use case. I’m more bullish on Maker DAI but agree LINK is a solid Ethereum implementation.
XRP is a centralized Chinese Ponzi scheme, and the creators make no effort to hide this. There’s also no use case beyond pump-and-dump manipulation. What do you see here that would make you want to invest?
Agreed on chainlink and would like to hear your perspective on where chainlink can go from here in terms of price and adoption. Don’t know much about Maker DAI - can you fill me in?
Ripple is the only company that is making huge moves in the crypto space to further the adoption of their products including XRP. Partnerships continue to grow at a fast rate, moneygram being a large one, with moneygram CEO stating good things about ripple and XRP. Adoption and use case is what XRP has behind it and what will support a coins success.
What makes you say XRP is a ponzi scheme? Would like to understand your thoughts on this?
Perhaps I was too hard on Ripple. My understanding is There is only one client issued by Ripple (formerly Ripple Labs); a single entity controls more than 50 percent of the voting power (Ripple); 78 percent of the available coins are owned by the richest hundred addresses (Ripple is likely to be the largest); and there are no native incentives for nodes, such as the mining reward at Bitcoin.
Like, what’s the difference between Ripple and VISA for payments at that point?
Maker and DeFi are doing a lot of interesting stuff around collateralizing debt. I’m shocked people want to trade this stuff on margin though. Haha