@ManInBrown, what do you think of Ripple (xrp)?
I've been considering taking a decent size (for me) position in this coin for a little while now, and I'd like any opinions from people well versed in crypto?
I'm struggling to pull the trigger because I'm not sure if there's a better option to take a chance on or if it's the right time to do it, and it's hard to find great info or advice on crypto - so many of them seem like a crapshoot.
But from what I know about ripple, it seems like it's at least one of the safer bets out there. I like that it's considered a bridge between fiats and it's designed for financial institutions and payment providers, giving it a clear use unlike so many others. I especially like the idea that governments and banks will have a use/place for xrp, because I struggle with the idea that our institutions will ever allow cryptos to replace central banks/fiat money. Although like I said, I have a hard time sifting through what information is trustworthy, and where to go for advice on these coins.
Any thoughts you or anyone else have on xrp would be appreciated.