There are many reviews talking about description and how XRP works. So I shall highlight the green flags and red flags then you have your own managing risk.
Advantages
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XRP has the first advantage that there is no inflation. The management team are all experienced professionals in the financial sector.
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Ripple's cooperation with more than 100 banks is a great advantage of XRP because the more banks use it, the higher the value of XRP.
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Next, Ripple is an official organization trusted by many banks, not a new one. This is also the reason why XRP does not have to be tested as much as other currencies.
Disadvantages XRP has the disadvantage of being highly centralized since it is available from the start, so Ripple developers can decide when and how many coins are released or not. Due to XRP coin partnering with many banks can go against the nature of cryptocurrency.
The success of the project will depend a lot on the acceptance of banks and financial institutions, so when this acceptance is gone, it is very dangerous. This is an open-source code, so when the code is successfully accessed by hackers, the possibility of being hacked will be very high. Show Less
