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Re: TheBullTwit post# 1863

Friday, 05/11/2018 11:35:46 AM

Friday, May 11, 2018 11:35:46 AM

Post# of 36155
XRP is a digital asset designed to efficiently transfer a unit of value from one party to the next. Buying XRP doesn't entitle anyone to an ownership stake in Ripple Labs. XRP tokens are intended to be a vehicle of transfer and nothing more.

Ripple owns a large amount of XRP tokens, but again they are not directly related. If Ripple Labs goes out of business, the XRP ecosystem will still exist independently
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