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27 sats \ 2 replies \ @stack_harder 23 Mar \ on: How the fuck is XRP worth anything? AskSN
to be fair, the same could be said of most , if not all crypto. i often wonder how litecoin is still alive, proof of work at least
Yes. The same could be said for literally everything, bitcoin, fiat, all of it. I am very certain of my understanding of the answer around bitcoin and fiat, and confused about the answer to XRP.
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My opinion... is that it's 'trader retards' trying to 'get rich quick'.
The same reason that people buy memecoins or 'tokens' on some random cryptocurrency. There really isn't a 'reason' or 'rationale'... it's all speculative.
To find the answer I take a quick look at Bitrefill. If it isn't used there at least as a quick payment method for something it tells me it's not money or capital.
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