A couple months ago I wrote an article about JP Morgan Chase’s new JPMcoin (which, by the way, I neither advocate for, nor own any interest in) digital currency, I also happened to mention that another project that claims to be close to banks called Ripple has an investment token XRP, which is unrelated to its own payments utility function and probably a scam.
Little did I know what a reaction that one line, buried deep in an article about someone else, would get. Comments, retweets, mysterious emails from semi-anonymous sources telling me just how wrong I was, and not to mess with “The Ripple Army.” If anything it made me think this story has legs — so I dug a little deeper into the story to see why so many devotees were high enough on this coin to bother responding.
Now, having written this column “Is Ripple A Scam?,” the crypto-verse has exploded with criticism and commentary. In dozens of blogs and publications, and dozens of languages Wow! Really struck a nerve on this one.
You can read a representative list of some (but not all!) of the many responses below:
- Intellyx创始人Jason Bloomberg:Ripple的商业模式可疑,本质上是骗局 – Chinese
- Ripple: Forbes nazval XRP podvodem – Czech
- RIPPLE XRP a SCAM? A rebuke of Forbes Jason Bloomberg
- Forbes: “Ripple é uma farsa”. Entusiastas protestam – Portuguese
- XRP Fans Fire Back After Analyst Calls Ripple a Scam, Says Bitcoin and Crypto Must Be ‘Shut Down’
- Forbes gọi Ripple là scam, cộng đồng Reddit phản đối gọi tác giả là “thằng ngu” – Vietnamese
- Forbes dissects Ripple as an elaborate pump and dump scam
- Jason Bloomberg: “Ripple? Una TRUFFA!” – Italian
- Minería de procesos y de rendimiento en la era digital – Spanish
- Forbes Contributor Implies Ripple is a “Scam” in JPM Coin Debate
- Jason Bloomberg, Forbes Contributor, Says That Ripple Is Dishonest And The JPM Coin Was Created To Fill The Void
- Forbes Writer Slams Ripple As A “Scam”, Says JP Morgan Will “Fill The Void” Of “Ripple’s Apparent Dishonesty”
- Forbes Contributor Calls Ripple a Scam in JPM Coin Debate
- Ripple é acusada de “esquema” em debate sobre a nova criptomoeda do banco JP Morgan – Portuguese
- Forbes寄稿者「リップル(XRP)の不正をJPMコインが正す」と言及 – Japanese
- El escritor de Forbes critica a Ripple como una “estafa”, dice que JP Morgan “llenará el vacío de la “deshonestidad aparente de Ripple” – Spanish
- Ripple’s Application In The Cross-border Payment Sector Will Increase Significantly According To Exec Gareth Wilson
- “서버 가상화를 넘어 멀티클라우드로” 끊임없이 재창조 중인 VM웨어 원문보기 – Korean
- Is Ripple A Scam? This Forbes Writer Seems To Think So
- Forbes Writer Accuses Ripple Of Being “Dishonest” And A “Scam”; Presents Potential Replacement
- Ý kiến cộng tác viên của Forbes: Ripple là một ‘trò lừa đảo’ trong cuộc tranh luận về JPM Coin – Vietnamese
- 涟漪是骗局吗? – Chinese
- Analyst Calls Ripple a Pump and Dump Scheme, Analyzes XRP as a Cryptocurrency Scam
- Ripple News – Forbes Calls Ripple Scam, Reddit Community Calls That FUD, Giving Its Arguments
- Ripple XRP: Is Ripple A Scam? Busting The FUD, One Argument At A Time
- Forbes Yazarından Ripple’a Ağır İtham – Turkish
- Is XRP a Pump and Dump Coordinated by Ripple? The President of Intellyx Believes So
- Jason Bloomberg Calls Ripple a Scam and XRP a Pump and Dump Project, But is that Really What it is?
- Forbes: “Ripple is a scam”; The community fights back
- Jason Bloomberg: Ripple (XRP) Bir “Scam” – Turkish
- Bloomberg vs. XRP Army: Das Meinungs-ECHO KW9 – German
- La communauté Ripple se défend après que l’XRP a été qualifié d’arnaque – French
- 포브스 기고자, “리플(XRP), ‘펌프앤덤프’ 사기이다” – Korean
- Джейсън Блъмбърг от Forbes нарече Ripple измама – Bulgarian
- Especial: ¿Es Ripple y su XRP realmente una estafa? – Spanish
- A Big Question Mark Hangs Over Ripple’s Business Model
- Ripple Has A Crippled Business Model, But Is That the Same As A Scam As Argued by Forbes?
- Ist Ripple Scam & Abzocke? XRP Preis fällt, nachdem Forbes die Coin als “Pump and Dump” einordnet – German
- Ripple có phải là một Scam? – Vietnamese
- (XRP) Ripple Price Prediction 2019 / 2020 / 5 years — Emerging Scandals and Controversy
- Analyst Jason Bloomberg Calls Ripple A Scam, XRP Price Falls
Image courtesy of videoblocks (licensed by bluefug).