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55 sats \ 5 replies \ @Undisciplined 22 Mar \ on: How the fuck is XRP worth anything? AskSN
I've never even looked into what claims are made on behalf of XRP. I just know my idiot brother sold his bitcoin and bought XRP and that he doesn't go any deeper than NGU in his thinking.
Oh boy. I guess the good news is that, looking at the chart, depending on when exactly your BIL sold and bought he could be in the money?
My friend knows I'm into btc and was asking me about XRP recently and I told her that XRP had no reason to exist and was a scam; she pulled up the chart. I made the usual objections, but it did give me pause.
Thus my quest to understand if this is just the usual world gone mad, or if there is some actual nugget of real-ness to the thing.
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I know he sold his bitcoin before the runup to the ATH (idiot) and had actually bought the XRP a while before that.
If he gets out of XRP anytime soon, he should come out ahead on that at least, but he'll be way behind on bitcoin and still totally clueless about why he should be stacking.
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Do you guys have spicy Thanksgivings? I'd pay some sats to be an audience for that one. You should put him on your podcast ;)
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No, we haven't been at the same Thanksgiving in years. We're not close at all. I just hear from my dad some of the dumb shit he's doing with his money. To be fair, he did buy bitcoin way before I did, but he never understood the point.
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Does this look like a healthy chart to you?
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