By Alex Dovbnya
Ripple’s questionable business
XRP is rightfully considered to be one of the most controversial projects in the crypto space. Forbes contributor Jason Bloomberg slammed it as a “centralized, 
permissionless” token in his op-ed article while calling into question Ripple’s business model.
XRP remains the main target of Bitcoin maximalists who believe that the token represents everything that is wrong with crypto. Bitcoin Core developer Peter Todd compared Ripple to biotech fraud Theranos, which turned out to be Silicon Valley’s biggest disaster. Meanwhile, Blockstream CEO Adam Back suggested that Brad Garlinghouse was buying BTC with XRP tokens that his company dumps on retail.
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