Ripple’s questionable business model.The starting point in the chart above is the issuance of many billions of XRP tokens – essentially printing Monopoly money out of thin air, except that you can play Monopoly with Monopoly money.
Ripple calls arrangement this the RippleNet Accelerator Program. “Starting [October 13, 2017], Ripple will offer a unique reward for financial institutions that are the first in their markets to process and promote commercial payments on RippleNet,”a Ripple blog post. “The reward will come in the form of rebates through the new RippleNet Accelerator Program.”
Since we’re offering the incentives in XRP, we anticipate seeing an added benefit of building an easy on-ramp for institutions to use XRP in their payment flows to lower liquidity cost in the future,”Monica Long, SVP of marketing at Ripple. “Early reception of these XRP incentives in a test phase has been very positive.”
Garlinghouse, however, is confusing ‘equity’ with ‘security,’ and then obscuring his argument with the ‘Ripple doesn’t control XRP’ canard.
Ouch...now off you go now and play with fox and CNN.....and leaves the real adults to the real world. Kids these days...there such..pookalookas..eookadamhoopas.
Yup. Yessiree Bob.
You should be ashamed to release this.
Stop stupid Fud. Thanks
galgitron this is another garbage article circulating.
6:45 video for ripple section
Here is a video from TheEbizWizard talking about how POW wont survive and the focus will shift to centralized cryptos like ripple.. (not centralized) but just shows he knows XRP is the future.. thanks specco for the link to this
I was reading Forbes Magazine since uni time 15 years ago. The amount of lies published recently under Forbes wings forcing me to react. I'm cancelling my subscription!
Real journalists strive to find that neutral middle ground where all sides are accounted for and presented, and a truly balanced perspective is delivered... Credit to the anonymous scribe🙏🏼 XRPCommunity
State perdendo di credibilità. Giornalismo di basso livello
Another paid FUD piece. The Jews are getting desperate. Moon close and inevitable at this stage.
“if people buy an asset with the expectation of selling it later for a profit, then it’s a security” So gold, oil, real estate?! Just one glaring inaccuracy, not to mention total inaccuracies re Ripple’s customers and the way XRP solves the liquidity problem. xrpthestandard
I better inform the director from sbivc_official and explain to him xrp is a scam. 🤣😂. yoshitaka_kitao xrpthestanadard
I don't think Yoshitaka Kitao would be too pleased insinuating Ripple is a scam, American Express along with many other companies won't be too pleased either slandering what they've invested in
Forbes is just a tabloid now? It used to be a respected business magazine. Ripple ripplenews xrp $XRP XRPCommunity xrptherstandard xrparmy jungleincxrp C3_Nik haydentiff Hodor XRPTrump WillyWonkaXRP RobertLe88 digitalassetbuy BankXRP sentosumosaba CKJCryptonews
Chilling
Is Forbes A Scam?
Is Ripple Scam? No... but the writer/contributor is anti crypto. One sided and biased opinions doesnt count. fakenews
This’s getting ridiculous.. you’re making strong accusations without any evidence.
Looks like Frances has a few contributor friends shes called on....
Is this really an article? Lol
Forbes FUD strike again
This article is so loaded with hate rhetoric and uneducated nonsense. I doubt Forbes would publish this unless highly incentivized to do so.
Ahaha ahah read this shite 😂😂😂😂😂😂😂😂 lewrig JBally98
Ripple bgarlinghouse I think this is enough and its time to up the game. Time to go to court and make Forbes prove what they claim.
Pure garbage
What is this shit reporting?
... wow your shitty article is even Fudbingo deluxe... No words...
Definitely! My buddies in high school told me it was a quality wine!
Why are forbes so afraid 😂
Jojo3121305888 Yes.
Yes, smart investors all know $xrp is a scam.
Hello Buzzfeed journalists
Apparently forbes does not know how journalism works lmao How about we start at the beginning of the 'RYPPEL IS A SCAM' movement Please see this tweet and follow the links Everyone who says 'ripple is a scam' should have their integrity checked!
Did you go to the bathroom to flush your brain after post this CRAP? 1000% YESSSSSSS.
This is an absolute piece of shit. Find new authors
This poor excuse for an article coveys nothing other than Forbes’ blatant disregard for ethical journalism.
Forbes... Here you have it ..... BLOCK
Trash article
Quote 'We’ll leave it to a respected crypto insider to sum up. “I never cared about nor followed Ripple much but their complete dishonesty about the XRP issue is baffling & insulting,” tweets Bruce Fenton, CEO of Atlantic Financial Blockchain Labs & 1/2
ill-researched, half thought out, scare mongering, terrible, weak journalism.
I made it thru to the 6th paragraph until I read Ripple decides who gets to process txns and realized the author is either a moron or liar.
I wonder if Frances Crappola wrote this? I didn't read by the way haha
, I guess you are going bankrupt. Why else would you be so desperate for a few clicks? Factually incorrect, biased pieces make for bad journalism and reflect terribly on your reputation. I won't consider forbes as a source for reliable business information from here on.
This article is an absolute fraud. I'm not sure how Forbes goes about vetting their contributors but this person has displayed almost zero knowledge of ripple and xrp. This article will not age well and is an absolute embarrassment to the Forbes name. Shame on everyone involved.
Perhaps one of the most awful, inaccurate written articles you have put out to date! The flow chart is as confusing as this article Great job with this shit write up
Yeah right! Try telling this to SBI or IMF. Btw when did Crypto start publishing underperforming intern's half cooked baloney!
I sure hope Ripple's lawyers are all over this. :) If you don't have proof for what you're saying, you have a lot of explaining to do. ;) XRP 0doubt
Can I enquire about your contributor vetting process? This article is genuinely woeful to anyone who knows a tiny bit about the crypto space. I associate your contributors to your brand, let me be a succinct as possible, this is shite.
Dissapointing! haydentiff JoelKatz bgarlinghouse Ripple There must be grounds for legal actions here.
This is FUD at its best. Disgusting and unethical. XRPTrump haydentiff XrpCenter Dave_Jonez_02
Forbes is still doing journalism ? I don’t think so. You should do better in term of research.
Such articles are proof in point that Forbes is no longer a reputable journalistist source....
_Sir_Chasington 😏
Welcome to the club, Forbes.
Again I do believe the time is rapidly approaching for Ripple to begin initiating libel suits with vigour. The content of this article is provably false and misleading. They have the grounds and every right to aggressively begin placing on notice these prostituting journalists.
Ripple bgarlinghouse some action legals
I thought it was already known?
Buaff... ¿¿¿where is your prestige forbes? XRP standart
I do believe the time is rapidly approaching for Ripple to begin initiating libel suits with vigour. The content of this article is provably false and misleading. They have the grounds and every right to aggressively begin placing on notice these prostituting journalists...
FakeNews extremely unprofessional.
New Lows! Thought forbes was better than such third rate articles
bgarlinghouse JoelKatz please shut them up 🤦🏽♂️
Ahahahahahshshshshshhashahhaahahhahahaahhahahahauahauauahauahauahahauahahauahauahahauahauahahauahaahuahaauahahauauauahauahajajajauahaahahhahahajauaajhahauaahauahahauauahahahauaiaiahhaauauauauabahahahahahahahahhahauaahahauahahauauauahahauahahahahahauaiahahauahahauaiaiahaahaiahahah
wow this is incredible.. Brad Garlinghouse will be speaking next week at the dcblockchain summit where there will be numerous goverment officials and you think they run a pump and dump scam. get real
You are calling a company which has some of the biggest banks in the world as customers a scam? 🙈 Source:
Buy signal for real for real
Wow this FUD seems to be getting very desperate digitalassetbuy CKJCryptonews HamEggsn LoveForCrypto17
No. See now we don’t have to read your bullshit!
FUD
RyanZagone bgarlinghouse ashgoblue JoelKatz Some FUD to address
Forbes, what are you doing? -Taft
Is Forbes becoming a low quality journalism site that posts FUD? Getting paid big bucks by contributors to post anything they want?
Waduuuu waduuuu mana lagi turun bae lagi bgst
What isn’t a scam anymore ?
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ABC - 🏆 471. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »