$XRP is a scam
• 80% of the supply is controlled by Ripple
• Early investors sold for billions.
• Fake partnerships
• Paid promoters
• There is no real adoption.
This is how the biggest crypto promises turned into a multi-billion dollar scam 👇👇
At the launch of the currency, 100 billion $XRP coins were created.
80% of this supply, I'm talking about 80 billion #XRP, was delivered directly to Ripple Labs.
Not for society or the market.
Rather, it's down to one company that controls almost everything from the start.
Here comes the question: Is this decentralization?
#Ripple still controls the source of the currency's distribution.
About 38 billion XRP are locked in escrow and the keys are held by Ripple.
📅 On July 1:
• 500 million unlocked
• 400 million re-locked
Every month, Ripple alone decides how many tokens are released into the market 🤯
This is supply control, not decentralization.
The myth of “bank adoption”$BTC