>>62508427
s&p 500 is a different index retardo. the 500 is 500 big american companies. yet you're talking about crypto.

>>62508427
Top kek
Tantrums and walls of text incoming

>>62508440
from who? anyone can make any index they want. easy peasy.

>>62508427
Cryptos are either blatant scams or just bad investments, this shit will be awful.

>>62508449
regardless: global demand for crypto exports is at an all time high so its best to be the guy creating the crypto currencies to meet the global demand.

>>62508442
>anyone can make any index they want
Yeah and this one was made by S&P Dow Jones Indices.

You know, the same people behind the S&P 500 and the Dow Jones.

>>62508427
BOOOOOOOOOOOM

>>62508440
>>62508442 (retard)
>>62508579

LMFAO

Imagine if you had to pay for every internet website you visit…retards think this is a good thing

>>62508427
there is are only a few tokens in crypto that actually make revenue, and there is exactly one token that makes sustainable revenue

>>62508612
>>62508427
MOoN

kabom

>>62508440
Why would I throw a tantrum regarding the only redeeming feature of BTC and the literal design and best feature of XRP?
No one even makes money on the tx of XRP. It's the best clearly.
No incentive is the best incentive.

>>62509200
>No incentive is the best incentive.
fucking lmao

>>62508427
Looks like I'm gonna slurp Litecoin and SOL

>>62509336
I know you can't stand it. But it's really not a good thing when people make a bunch of money on tx and "mining."
Their incentive is not to do anything but make money as a middle man.
If there is no middle man money, then you have to use it for the use case that is actually beneficial to the users.
I know Jews have pervaded your mind and you can't fathom.
But the greatest things have and always will be done solely for the sake of doing them.

Then typically they are stolen and used for profit and enslavement. But that's so common it's not interesting to discuss.

For instance, BTC is made more "usable" by not using it actually through LN.
What's their incentive? To hold the BTC and pretend you use it when you don't.
That's not a good incentive to be the base level of trust in a system.

The incentive has to be building, not making money off the existing product as a middle man grifter.
You CAN make money with an actual good product. But your incentive can't be to profit off total shit as a middle man. Which is the incentive of almost every system that exists.

>>62509376
>If there is no middle man money, then you have to use it for the use case that is actually beneficial to the users.
In other words: "if there is no incentive, you have to do things out of the goodness of your heart".

That's the dumbest shit I ever heard

>>62509401
No. You have to provide value.
I think you are fairly new. The phrase I posted is a well known phrase that you can look up the origins of.
It refers to middle men grifting.
The entire incentive and money making for BTC comes from middle men making money on tx fees and mining.
This incentive doesn't benefit anyone but themselves.

For operations without a middle man grift as I just mentioned, you then have to provide an actual service to gain users and profit.
I made the mistake of thinking I was talking to someone who's been around more than a year I guess.

>>62509463
>You have to provide value.
Why? You have no incentive.
Out of the goodness of your heart?

>>62509487
>pretends not to understand
>actually doesn't understand
Not sure, doesn't matter. Good luck to you.

>>62509463
>>62509506
>you then have to provide an actual service to gain users and profit.
So how do you profit from being an XRPL node?

>>62509520
You don't.
The people that run them are interested in a system that works properly that they can then build their own actual service on top of.
There is no benefit to running a node. You don't make money running a node or running tx for anyone.

The benefit to you comes after, ONLY if you provide a service on top of the infrastructure that is worth using, and that you can then charge for THAT SERVICE.
Incentivizing running the node makes it fake and gay.
Not incentivizing running nodes mean that people have to UP FRONT contribute value to regular people to the degree that trust is built and they'll eventually use your services for other activities.
This also leads to you and me, being able to use it for free.

It's about the middle man part. The saying is tongue in cheek.

I have a very good business. ALL THE TIME, I send people elsewhere for a better price or selection. This long term means I'm a trusted member of the community and I profit eventually, in a non scam manner.
But I have to provide actual value FIRST. And the value isn't making sure I get every sale. My value is being a highly trusted business person.

The type of incentive rules the type of operation you'll have. I'm a good person, so my incentive is just that.
But there are bad people, so you build a system that basically keeps them at bay or forces them to actually do something of value to get value themselves.
No incentive, is the best incentive, because it keeps total scum out of the operation.
I'll be taking lunch now at my whim.

>>62509565
>You don't.
You said "you have to provide an actual service to profit".
Now you're saying you don't profit.

Which is it?

>>62509571
They maintain the ledger FOR FREE.
This allows them to create a profitable product on top.
I don't have to use their service. I get to use the XRPL for free.
Meanwhile every other chain charges you and grifts just to do a tx. So their incentive is what?
High tx fees, unnecessary tx, etc.
When you don't get paid, and will only get paid if the system works very well and you provide a service ON TOP OF the base layer functionality, then you can make money.

I'm only going on for others that lurk. Please stop pretending to not understand though. It's not good for your psyche.

>>62510068
>They maintain the ledger FOR FREE.
>This allows them to create a profitable product on top.
so why is no incentive a good thing for maintaining the ledger, but not a good thing for the product on top?

>>62508427
That’s like saying S&P doesn’t hold any USD you stupid retarded faggot

>>62509401
Odd way of saying antisemetic

>>62510081
Because I don't have to pay for the product on top? Because then the chain and the base function is free of grift?

The burn of XRP for each tx, which disappears forever, insures that the network isn't spammed.
You don't need someone making money to stop the spam and control volume.

The second someone makes money on the tx is the second grifters create entire companies who's sole purpose is to funnel tx to the processing grifters.
We all know it costs the same to send money as it does an email. It's, for all intents and purposes free and the actual costs can't even be measured using thousandths of pennies. It's that close to free.

I'm glad you are asking real questions now.

>>62510163
>The second someone makes money on something is the second grifters create entire companies who's sole purpose is to funnel that something to the processing grifters.
So according to you, all products built on top of the XRPL are grifts by definition.

>>62510196
I'm not sure that logically follows.
You can build a grift on the XRPL if you like.
But it won't effect my ability to use the ledger for free so I'll probably not participate.

This is why there is no "meme coin" or "shit coin casino" on the XRPL.
The people that push and make the money on those are the people processing tx. They encourage it because the people running the nodes clean house and make a ton of money.
So they are promoted and exist THERE, not on the XRPL.
They have been tried, but you never get any traction because you don't have the middle man grifters getting paid no matter what.

You get more grift operations when they are promoted by very large grifters.
Like my business, I can run a grift here. I can put up SALE SALE SALE, 80% OFF!! and try to get people through the door.
But when they find out it's not and it's still a ripoff it won't work.

HOWEVER, if I got money every time someone pulled in the lot...I'd probably just do that all the time and not care that my sale was fake.
Why do I care you find out it's fake and gay after I got paid because you pulled in the lot?

>>62509200
>No one even makes money on the tx of XRP.
Be that as it may, Ripple Labs is raking in almost $1B a year from the XRP ecosystem (excluding token sales). NOTHING of that money flows back into said ecosystem.

https://finance.yahoo.com/markets/crypto/articles/ripple-xrp-ceo-targets-1b-151834617.html

No incentive (for you) is the best incentive (for us, Ripple Labs) LMAO

>>62510355
Yea, they make money by selling XRP. They created it. Makes sense.
Now...what is their incentive here? To sell it right?
What are people buying and why?

Their incentive is to make it worth buying, which means administering an efficient chain with no fees so that once you by, you can use it as you please.
Their incentive, especially given their holdings are in mid term (years) escrow, is to build something people want to buy into.
If it weren't for Ripple, I'd not own XRP actually.
They benefit THE MOST from building something worth using.
Because, no one has ANY REASON AT ALL to buy otherwise.

If they got mining and tx fees, then their incentive to make the most money would depend on what?
Pumping volume and scams and getting as many tx as possible.
So, you see...incentive. They make the most money when the tool is the most useful. Not when it's just used.
Places like Tranglo don't buy a billion of them otherwise.

If they made money on tx, you'd see a massive shitcoin casino.
But they don't. They make money on it being a legitimately useful product. Thusly, no shitcoin casino at all.

>>62510355
Except for spending billions buying banking and finance companies to have a vertically integrated complete financial system owned by ripple

File: 1749300094388942.jpg (66 KB, 642x722)

66 KB JPG

>>62508440
You predicted it anon

Just as I predicted: the only refutes of ripple and xrp are logical fallacies/ridicule/ad hominems
All the btc treasuries imploding really has them ass blasted

>>62510319
>I'm not sure that logically follows.
It do.
You're saying as soon as someone makes money off something, grifters take hold.

Therefore all products built on top of XRP are grifts, since that's where the money and profit is made according to you.

Because making XRPL incentiveless just moves the incentive to the products built on top. It doesn't remove anything.

>>62510719
False dichotomy

>>62508427
>>62508440
>>62510526
Linkie cope. XRP is designed to not pay fees to anyone or have any at all outside spam-deterrent fees which are burned and not paid to anyone. It is not a proof of stake network. This is insanely desperate cope from the usual suspects (linkies) who will take any ounce of anything and pretend it is a pound and act likeit is the only pound of substance that matters in the world. Your coin is still not needed and never will be per anything even hypothesized to be built by CLL. Cope.

how would currency make revenue

>>62508788
>and there is exactly one token that makes sustainable revenue

hype

KABOOOOOOOOOOOOOOOM

>>62511537
Nope. The entire logic behind no-incentive mining is just bunk.
Because saying "as soon as someone makes money, grifters will take over" is retarded.

>>62511974
>Linkie cope
>insanely desperate cope from the usual suspects (linkies)
This isn't coming from Linkies, but from a little company called S&P Dow Jones Indices.

And the entire philosophy of "no incentives for nodes" is hilarious.
It basically means only Ripple can ever profit off XRPL since you can't build shit on the XRPL (not even Ripple builds on the XRPL), so all you can do is trade the XRP token.

>>62512287
>>62512287
The posts are linkie cope, you fedora faggot. The excluding condition has nothing to do with perceived value and is literally determined prescriptively by its not being a specific type of network regardless of its own success or value. Literally anyone can build or set up their own validator on the XRPL and choose whichever validator set they want. You literally don't understand 101 of the network and act like a 20,000 hours of anime watching faggot who knows and says nothing but imagines themselves saying it with the impact of a gay cartoon character they've substituted their life into identifying with in a deep spiritual cuckoldry, which is probably why you bought link.

>>62508427
The only crypto that isn't -99% down is TRX. I'm serious, check the chart. Everything else looks like a rugpull scam in comparison

>>62512355
>protocol revenue has nothing to do with perceived value
Sure it does, it reflects usage.
Most of the stock market is largely valued in terms of their systemic revenue.

>>62512362
The protocol was literally designed to pay zero revenue to anyone with the framer dev ethos of "no incentive is the best incentive" and to have as low of fees (all of which are burned and paid to no one) as possible while still reducing spam on network. Making this post wrt the inclusion criteria for the index has would be like an issuer listing an ETF around the concept of federated consensus and not including the aptly acronym-ed PoS networks. You LITERALLY never learned the first principles of the thing you are doing the equivalent of an "and then everyone clapped" facebook wine mom poster in your own head and describing its first principle deliberate construction and the fulfillment of it in practice as proof it failed, thinking it was constructed to be something it is not because you literally know so little you don't even understand how the difference between its consensus model and others. It is so insanely low rent it is kind of wild. How do you spend THIS much time obsessively hating something because it stands in opposition to something you obsessively support with literal cult level conviction and still know so little about either?

>>62512396
>>62512396
don't even understand the* difference between it's consensus model and others

Phoneposting so different id probably.

>>62510438
A network requires more than one party to be incentivized, genius.

>>62510521
Which benefits shareholders, not token holders.

>>62512396
>the framer dev ethos of "no incentive is the best incentive"
In other words: "if there is no incentive, you have to do things out of the goodness of your heart".

That's the dumbest shit I ever heard

Also, the absolute state of your posts, holy shit.

>>62512460
No. You literally are just so under-studied and inept that you don't see how a consensus that doesn't operators above utility could have value. Your argument of it only conferring value to Ripple doesn't even make sense. How are they preferenced when anyone can choose whichever nodes they want and run their own and issue assets and build at whim with a protocol level dex on a ledger that scales at L1. You are a butthurt retard who thinks conforming to a structure of groupthink grants you automatic rightness despite doing literally less than an hour of research on literally 101 level concepts. The value play is not middlemanning or network op fee collection and is deliberately the opposite of that. You unironically need to start with some crypto basics videos and learn what you are talking about. Not even just saying so to serve my argument: Your level of argument and knowledge and confidence is embarrassing as fuck and I cringe for you imagining what it would be like being you.

>>62511974
Are the linkies the room with you now?

>>62512571
Why would anyone do work without incentive?

>>62512637
Why do you think multiple operators already are? The network was built to preference being a public utility which itself preferences the core asset, using it for auto-bridging/path finding as default and the only issuer-less asset that exists onchain. I am not speculating that many validators already exist on the XRPL (some of them are literally FedNow service providers). So, given this reality that proves your framed hypothetical already wrong, why do you think they do?
>>62512631
They are posting in this thread despite having no argument and lacking literal 101 level understanding of their own tech let alone how XRPL consensus works or why it was designed that way, literally as an intentional pivot from the inadequacies of btc, themselves being early (possibly some of the earliest) bitcoin devs. Lol

>>62512649
Just sounds like you're coping about xrp not being included

Big long rambly dozen comments rants about how xrp is better but not for anyone who buys xrp hoping for a profit (this board is about making money)

>>62512649
>why do you think they do?
You tell me, I have no idea.
It sounds retarded, and whatever their motivation is for working for free, it can't be good.

>>62512654
Lol Nigger. You are coping reaching for ANYTHING to cling to to avoid facing the reality of Sir Gay's betrayal of you. This is a single index that once more selected for networks which pay revenues to operators exclusively. XRP's first ETFs launched with small issuers at literally the cresting moment that all of crypto started dumping and still smashed all other product launches for the year. You declaring finding a paragraph to be excessively taxing and not knowing how to respond to it or how to cope with that is not the own on me you think it is. XRP is involved and included in plenty of products; why would I care or be surprised it is not included in one that expressly discludes any consensus model like it? I'm certainly not wishing it was fucking PoS so that it would be included in this single product. Lol
>>62512659
On a systems level: To form a network that preferences no one and works the same for everyone regardless of consolidated stake or holdings, which 100% of the time accrue in concentrated hands across Pareto time. On an individual operator level, to build the network as a public utility and to preserve an ACTUALLY decentralized consensus and network. On the individual operator level: Because you have a personal/business/academic benefit in the success of such a network and being close and contributing to governance of it or some fork or resemblance of it if it steps outside the protocol you supported. Financial rewards centralize and create insane perverse incentives you would not want at the heart of an engine you want to be persistently neutral. It isn't really that hard to understand and the fact you can't even theorize it conceptually says you are WAY too green to be posting. Go spend time learning the fundaments at least first.
https://www.youtube.com/watch?v=R1XJrHqHpEM

>>62512692
A public utility with heavily curated participants that are expected to provide for free, while the curator rakes in obscene amounts of cash? I thought crypto was supposed to get rid of these kind of NGO/local government/church grifts.

>>62512692
>On the individual operator level: Because you have a personal/business/academic benefit in the success of such a network
So you DO have incentive.
It's just that in order to be successful on XRPL, you not only have to build something on top of it but you pretty much also have to be a node operator as well.

That's retarded just on principle alone.

Then there's the fact that nobody actually builds anything on XRPL, so the logic falls apart before you even get to the retarded principle.
Not even Ripple builds on XRPL.

>>62512703
16 posts here
88 posts in another thread
''I average 7 post per day''

Biepum go outside and touch grass you spamming midwit. Let brad out of your head for a full 5 seconds.

>>62509376
>>62512396
>>62512737

why can't I shake the feeling that these three ids are actually the same guy?

>>62512799
Fregoli delusion
You went psychotic holding link and spending too much time here. You need help bro

>>62512837
Either you got upset in another thread and are taking your anger in this thread for some reason;
or you simply got upset in this thread and are samefagging in this thread to take out your anger.

Occam's razor says it's the latter.

>>62512845
Or, I literally open a thread, see you posting the same way you always do. Comment on it, and you assume I am someone else.

>upset
>anger

You are projecting again. Been working on new collages lately?

>>62512855
There's only one easily identifiable posting style itt, and it's the verbose cripple shill's: >>62512571 >>62512396 >>62510438 >>62510319 >>62510163

Not just his disjointed verbal diarrhea, but also his propensity for samefagging and ad homs.

>>62512872
>dentifiable posting style
Pot calls the kettle black
>>62512872
>verbal diarrhea

This is you right? https://warosu.org/biz/thread/S60883086#p60884456

It was probably around that time you got the delusion.

>>62512737
I found the thread you're referring to btw: boards.4chan.org/biz/thread/62466449

It's a linkie thread, and you're in it angrily fudding link and denying you're a xerpie.
Yet here you are, angrily defending XRP.

>>62512799
Because you are a petulant faggot who would rather spin yourself into weird repressed dissonance than concede that you are unable to argue and don't know fucking anything. I literally never samefag.
>>62512703
Yes, you fucking retard. You OBVIOUSLY have an incentive to operate one. You do not have a paid out network revenue financial reward incentive to operate one. This is INSANELY low IQ. You are actually arguing for the broader use of the term incentive, knowingly conflating the broader meaning with the rewardless consensus structure to cope? Anyone who does anything at scale has an incentive to do so otherwise they would not do so. You asked why they would do so absent operator reward payouts and I said why and you think there being positive reasons is an argument against my point? Do you not know what is meant by operator incentives? Lmfao How new are you? You don't have to be an operator to see reward from it or build anything, but anyone is free to do either and doing so confers personal benefits that in no way change the consensus for individuals and in no way pays out through network operations to them directly. Ripple spend millions funding grants to build and build and fund protocol amendment dev (in latest instance the lending/vault amendments) and publish roadmaps while doing so. Lol You are coping HARD in a weird way that is simultanouesly ignorant beyond reason to even consider this stuff and avoidant of the abc level facts that you are presented which prove what a retard you are. Insane to imagine being you.
>>62512702
No one has to use the UNL and everyone is free to select which nodes to trust or fork the network when they disagree with amendment adoption. This is the entire ethos of decentralization. Ripple is not an NGO or local government or church. You are EXTREMELY low IQ and out of your depth trying to talk about things you have LITERALLY spent less than 1 hour researching in a meaningful way but still cultishly message about.

>>62512910
>You OBVIOUSLY have an incentive to operate one.
Then you won't mind me mocking the phrase "the best incentive is no incentive".

>>62512907
I think its pretty clear that I
am not >>62512910

Good luck with the treatment, with meds you can have a semi normal life.

>>62512926
bye now, angry link fudder / xrp shill

>>62512872
It takes more than five words to form a cogent point. I have a very large bag of RIPPLEXRP and I'm explaining to you why.
It's your interaction that allowed me to extrapolate. If it's so bad, you could have not engaged.

>>62512872
Also, the posting styles aren't similar at all you mental midget.
I post line after line and I can see many may not like that. I think it makes points clearly.
The other dude writes more book style paragraphs.
The fact that you find these similar at all is another (about the 22nd this thread) that you are retarded.

>>62512967
>>62512974
You made the same basic point with both your verbose IDs: the incentive for running a network node is the profit you stand to make from the products you build on top of the network.
So the saying "the best incentive is no incentive" is bullshit, like I said.
Also nobody actually builds anything on top of XRPL, not even Ripple.

See; once I cut through the verbal diarrhea, your point is laughably stupid. Which is probably why you have to bury it in all that verbal diarrhea to begin with.

>>62512287
>it’s not a false dichotomy because ad hominem
You’re really good at logical fallacies

>>62513002
You sound highly emotionally invested.

I've owned it for enough time to not even follow it really. I actually haven't been on /biz/ about six months until yesterday.
I'm posting in the "non participation" thread which is really what got me hanging around.

>Also nobody actually builds anything on top of XRPL, not even Ripple.
Well this isn't true actually. But this is the point. I don't care if they do. I've never had any business arrangement and will never with Ripple.
Although I take a lot of cc payments and they've become a bank and I am hopeful they'll eventually offer me better cc processing rates.
At that point, I'll be in a contractual agreement with a service the BUILT ON TOP.
I'll still be able to use and send XRP directly with customers if I like. But the card swipes are a racket, so you have to participate or not. Your choice.

>>62512692
Why are you changing the subject?

>>62513295
Just to confirm, you're just in it for tech and can't produce a reason xrp would increase in price?

>>62513288
I literally said the argument is retarded. That's very much not an ad hom.

>>62514263
kek

>>62514263
The price of XRP goes up if the use of the ledger is more efficient than other options.
Right now that isn't the case. But the price is over a $1, so I guess it's twice as likely as a couple years ago?
Or at least 1.5x as likely if you factor inflation?
I typically do well financially. So you win some and lose some, but I usually win and am winning currently.
Could have won more elsewhere in the interim, but nonetheless still winning.

>>62508427
Everything in that is either a centralized scam, a VC exit liquidity dump, or a literal shitfork. (((Wall Street))) running the ETFs and the index only care about protocols that print fees for their buddies. Bitcoin doesn't need to "generate revenue" like some DeFi casino. It is hard money. It is the apex predator of digital assets. It doesn't beg for protocol revenue because it IS the fucking settlement layer. And of course the people deciding which coins get the institutional stamp of approval are the same (((tribe))) that runs BlackRock, the same ones that run the CME, the same ones that run every fucking ETF. They want yield farms and fee-extracting L2s.

>>62515127
>apex predator
>proof of work
Pick one

>>62514232
I'm not. Name a single time I did or cope in resolute, repressed, electrified stillness.
>>62513002
I'm not samefagging you fucking retard. There are just many people who are competent to call you a retard for obvious reasons.
>>62512919
You are INSANELY low IQ. Me saying there is no "incentive" to operators means there is no network paid incentive. This is not new, invented terminology I am cherrypicking. This is common parlance which you don't know because you don't know anything, which then leads you to using the general any-context definition of "incentive" to mean that any discernable reason one would deem favorable. This glaring retardation is objectively and explicitly expressed in the selection critereria of the index, which exclusively chooses networks which confer direct financial incentives to operators. Are you arguing that the networks that exist outside this selection criteria are exclusively run by people who are deliberately acting outside their own positive incentive? There are dozens of networks maintaining billions of dollars in capital which fit this framework which are not rewarded by the network but obviously have reasons to continue doing so (as emphasized by the fact they do) which have nothing to do with paid out network operator incentives (because they receive none). Literally what the fuck are you even saying and how much of a desperate, ironically relevant context-missing semantic faggot can you be? Exactly what revelation do you think that you are uncovering vs. me here? That people who choose to operate a network do so through preference of doing so over not? When did I ever claim that was not the case and who the what the fuck kind of argument is this and how is it relevant to either the structure of network consensus or its explicit relevance to inclusion criteria for the index? Are you actually THIS retarded?

>>62516399
>secure the network
>"being paid for this service bad because grifters"

>secure a product that uses the network
>"being paid for this service good"

The worst part is pretty much nobody actually builds any products that use the network. Not even Ripple.

>>62516608
Lol Cope cope cope. Ripple's entire business revolves around scaling XRP. Separately, just to name a few: Franklin Templeton (trillion dollar asset manager) and DBS (largest bank in Singapore, the Switzerland of Asia) are building out a repo market on the XRPL. Dubai are doing tokenizing real estate on the XPRL with their royalty partnering with SBI through VivoPower to drive utility or SBI are alone doing to incentivize depositors to hold. Already mentioned how ONDO are the second largest issued fund after RLUSD which in less than a year after launching became a top 10 stablecoin (tokenized fiat). Plenty more examples which you have read multiple times and refuse to cope.

>>62516646
>Ripple's entire business revolves around scaling XRP
Almost none of Ripple's products need XRP.

>Franklin Templeton (trillion dollar asset manager) and DBS (largest bank in Singapore, the Switzerland of Asia) are building out a repo market on the XRPL.
That's a fancy way of saying "they're looking at maybe tokenizing sgBENJI on the XRPL".
This is far from reality yet.
sgBENJI is a tiny Asian subcategory of Franklin Templeton's BENJI, which is already live on stellar, polygon, arbitrum, solana, avalanche, aptos, ethereum, base, and BNB.

It's a joke.