I put out a blog and newsletter recently about how the deep state started XRP through google ventures and now central banks all over the world are drooling over it.
I got some hate mail from people who really like XRP. That's ok we can respectfully agree to disagree.
Some of my favorite economists think that crypto is just a joke. But I think it's part of the future of money and I like to study it.
Bitcoin is the world's oldest, biggest, and most secure crypto. And some people point out that it has an issue with Chinese dominance in mining.
My view is that the bigger bitcoin gets, the more that it gets adopted and invested in from people and institutions around the world, the more it will be decentralized.
Ethereum is the second biggest and second most secure crypto. It has more centrally controlled governance than bitcoin.
Ethereum is not just a payment platform like Bitcoin. It is basically a technology platform where you can program decentralized applications with limitless possibilities.
Today I want to talk about the third biggest crypto in the world. One that has not caught on yet with developers and users, but has a huge potential to overcome some of Ethereum's current limitations.
In the end of the letter I will paste some more critique of XRP.
Recently Cardano (founded by Ethereum cofounder) has had a huge rise to become the 3rd largest crypto in terms of market cap (40B).
However it is still far behind its main competitor Ethereum which has a market cap of 186.4 B
This is for good reason. Ethereum has most of the crypto world's developers, projects, and users.
However Ethereum has some glaring problems...notably the inability to scale and the exorbitant transaction fees.
Ethereum promises to fix these problems but we really don't know when this will happen.
Back to XRP
I have a book about crypto for beginners: here is the link for you to download the free version
If you go to this link you can buy the paperback, audiobook, or full ebook if you want more detail. The ebook is 4 dollars, the audiobook is $2.75 :
At the following link you can get a free account with 10 dollars of free bitcoin on the biggest platform in the US (Coinbase) where your crypto is fully insured against inside hacks.