Financial pundit Rajat Soni has once again criticized XRP, referring to it as a "slave coin" and claiming that it would lead to further centralization of financial power. Soni believes that XRP's association with Ripple and its involvement in Central Bank Digital Currencies initiatives would give central banks too much control over individuals' wealth, posing a threat to financial freedom. He advocates for Bitcoin as a decentralized alternative. Soni is known for his longstanding criticism of XRP, previously calling it a scam coin and predicting it would become "worthless." Other figures in the Bitcoin community have recently criticized XRP's performance compared to Bitcoin's. However, XRP proponents have consistently disputed these critiques.
- Content Editor ( thecryptobasic.com )
- 2024-09-10
Finance Veteran Says XRP is a ‘Slave Coin,’