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XRP - JOHN MCAFEE NO ONE WILL BE ABLE TO BUY XRP AFTER THIS! | XRP NEWS TODAY! - YouTube
Channel: XRP Daily
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who was john mcafee what did he
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previously say about xrp is it true also
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what is xrp's price if you want to learn
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all about it then keep on watching this
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video to find out more so that you don't
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miss out on an excellent opportunity to
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win a giveaway of 25 xrp tokens at the
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end of this month hey guys welcome back
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to xrp daily the best spot for your
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daily dose of everything xrp and
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cryptocurrency in today's video we'll
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talk about xrp and what john mcafee had
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to say about xrp in the past so be sure
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to stay focused if you are new to the
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channel be sure to subscribe to the
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channel and turn on post notifications
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by hitting the bell so you never miss
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any of our uploads and also enter our
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giveaway now with that intro out of the
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way let's get into our topic for today
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the cryptocurrency is a form of online
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currency that can be used to make
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payments and exchange goods and services
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over the internet cryptocurrencies have
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a decentralized layout that helps them
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work outside of government jurisdictions
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and thus have little government control
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today there are multiple options for
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investors looking to expand their
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portfolios and experimenting with newer
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currencies on the crypto marketplace
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which offers a different approach to the
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entire concept of virtual currencies if
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so ripples xrp is the one for them for
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many of you who are wondering what
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ripple is well ripple is the company
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that is behind the cryptocurrency xrp
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xrp is known to be a technology known
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for its digital payment protocol which
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is also why xrp payment systems are
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often used in banks having a lot of
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cryptocurrencies available ripple is not
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the company you'll want to overlook xrp
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has proved to settle transactions at
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speeds previously unseen by any of the
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traditional payment sectors ripple has
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to work on a peer-to-peer transaction
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system users enjoy really low fees being
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charged to as low as an average fee of
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point zero zero zero three four zero
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three dollars while its major
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competitors like visa charge a fee
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nearly a thousand times higher if
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compared it is often said that ripple's
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whole idea is much older than even the
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cryptocurrency ecosystem from the world
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outside the crypto industry investing in
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virtual currencies often seems limited
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to just bitcoin it is one of the most
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popular and leading cryptocurrencies in
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the market but xrp is no less xrp being
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a currency transfer tool and not a
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medium of exchange uses a blockchain
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technology that can easily process
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transactions which can process up to 215
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times faster transactions when compared
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to the industry-leading bitcoin along
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with that it is capable of eliminating
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mining as the only way possible to
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acquire such results the cryptocurrency
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xrp usually acts as a bridge between one
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currency to another as it does not
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discriminate between fiat or digital
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currency making the entire process much
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more manageable ripple is known to be a
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virtual asset that derives its strength
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using blockchain technology just like
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many other cryptocurrencies in the
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market as most of you are already aware
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about many blockchain platforms often
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tend to obtain their consensus with the
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help of either proof of stake or using
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the proof of work mechanism the
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proof-of-stake system is faster and
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cheaper than the proof-of-work mechanism
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which is the other way around ripple has
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received nearly seven years of stability
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because of the consensus system they're
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using enabling the developers to expand
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the product range of its ecosystem as a
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result as you might know john david
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mcafee was a british american computer
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programmer businessman and two-time
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presidential candidate he unsuccessfully
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sought the libertarian party nomination
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for president of the united states in
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2016 and 2020 in 1987 he wrote the first
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commercial antivirus software founding
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mcafee associates to sell his creation
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he resigned in 1994 and sold his
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remaining stake in the company although
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he died his legacy is still making a
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huge influence in the digital world john
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mcafee the late popular cryptocurrency
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personality that has been on tabloids
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countless times for publicly endorsing
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and promoting digital currencies and
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most recently the founder of the ghost
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privacy token has just branded xrp
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worthless although that was never the
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initial subject of his tweet rather this
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was one among his many responses to
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curious cryptocurrency users who
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responded to a video he posted to
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twitter which he titled a cryptocurrency
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primer for those who know nothing about
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it in the 2 minutes and 18 seconds long
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clip john can be seen urging the general
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public to educate themselves on
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cryptocurrency when asked what he
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thought of the world's fourth most
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valued digital currency xrp mcafee gave
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a short and straightforward response
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saying worthless the former bitcoin
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believer started by defining
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cryptocurrencies as a momentary system
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the users can purchase just about
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anything mcafee then goes on to
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highlight one of the benefits of
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cryptocurrencies against fiat
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permissionless and trustless he said
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referring to the worldwide accessibility
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of digital wallets as well as
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cryptocurrency's decentralized property
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which as opposed to fiat currencies does
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not require third parties to validate
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transactions in swift while emphasizing
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the centralization the cryptocurrency
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advocate says that users do not need to
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depend on money transfer firms like
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moneygram when the comments pointed out
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that moneygram uses ripple's xrp mcafee
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debunked the claims by saying no it
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doesn't wake up however it should be
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understood that ripple is in a
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partnership with the leading money
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transfer platform moneygram back in 2019
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ripple disbursed 30 million dollars to
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fund moneygrams payment services thanks
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to ripple's collaboration with the firm
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the budding fintech firm revealed a
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successful 100 year-to-year transaction
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growth in the first quarter of 2020 with
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more than 70 countries benefiting from
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moneygram's peer-to-peer services it is
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clear that ripple's million-dollar
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investments in the platform which seals
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its 15 million offering to grant ripple
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a 10 stake for moneygram to test run
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ripple's performance has greatly paid
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off for the company although mcafee
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didn't address monogram and ripple any
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further than the responses noted above
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his remarks about ripple echoed the
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thoughts of many ripple critics who
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stand by a collective belief that the
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blockchain giant is centralized over the
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years ripple has been criticized for
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owning a considerable share of its
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native coin along with its co-founder
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jed mccaleb reportedly selling one
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billion dollars xrp while still
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controlling an estimated five percent of
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xrp supply meanwhile ripple's svp of
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customer success marcus treacher
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addressed the comments part of which
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reads it's a decentralized open source
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digital asset and the xrp ledger is
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based on an inherently decentralized
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democratic consensus mechanism meaning
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no one party can control it not even
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ripple ripple is a stakeholder of xrp
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thus is an interested party in its
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success treacher continued therefore in
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his view it wouldn't be logical as a
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business to disrupt the xrp ledger or
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xrp john mcafee did not forget to
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mention that users educate themselves on
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privacy coins as well having released
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his privacy coin known as ghost coin
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mcafee urged users to seek out privacy
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coins like ghost and monero he suggested
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this when one comment hinted at the
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speculations that a supercomputer could
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crack bitcoin's encryption although he
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didn't say hal he responded an
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affirmation saying btc is easy to crack
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xrp mainly presents two significant
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reasons for why it is worth investing in
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today it has a broad appeal in the
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mainstream and it is still growing
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ripplenet is one of those projects which
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is wholly shaking the global payment
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systems and not just that more is
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expected to come soon the possibility of
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the increasing price of xrp in the
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coming future should provide potential
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investors with a good enough reason to
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invest in ripple today if by now you're
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wondering how to buy xrp it depends on
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who you are if you're a financial
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institution you should contact ripple
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directly still on the other hand if
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you're an individual investor looking to
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invest in xrp you can do that by just
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using any cryptocurrency exchanges which
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have xrp listed on their platform such
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as kraken github and bitstamp to name a
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few it's also vital for you to know that
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xrp has been delisted from many
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well-known exchanges including coinbase
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binance crypto.com and many more also it
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isn't easy to buy xrp in the us because
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of the very same reason you now might
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have a fair understanding of xrp and you
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will be able to decide if you should
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invest in ripple or not you must
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understand that xrp just like any other
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virtual currency has its risks and you
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should only invest in it if you are
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willing to take those risks and bear the
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losses if necessary well guys that's all
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we have for you today what are your
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thoughts on ripple do you think john
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mcafee was right get involved and let us
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know in the comments down below if you
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guys liked this video then be sure to
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give this video a big thumbs up also if
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thank you for watching and we'll see you
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again in the next video goodbye
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