I Owned XRP Before Most People Had Heard of It - Here Is Why I Sold It and Why I Think It Is a Total Scam (Bit Coin, Wealth & Investing) episode artwork

EPISODE · Aug 24, 2026 · 16 MIN

I Owned XRP Before Most People Had Heard of It - Here Is Why I Sold It and Why I Think It Is a Total Scam (Bit Coin, Wealth & Investing)

from Should I Invest in Bitcoin? Grow Your Wealth & Understand the Cryptocurrency Bit Coin, for Millennials Serious About Money and Investing · host Myles Dhillon

I owned XRP before most people had heard of it. I watched the price go up. Then I watched it collapse when the founders sold their tokens on the open market. This is that story.In this episode you will discover:Why XRP is not decentralised, not scarce, and controlled by a company called Ripple Labs that has sold billions of tokens to fund its own marketing campaignsWhy the SEC called XRP an unregistered security, took Ripple to court, and even after dropping the case still extracted a $50 million fine and what that tells you about what XRP actually isWhy Ripple deleted the first 32,000 blocks of its own transaction history and why that single fact should tell you everything you need to know about how transparent this project actually isI built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.Steady Stack Calculator and 10 Bitcoin Mistakes Document — click here to grab both for freeHit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today’s serious investors.

Episode metadata supplied by the publisher feed · Published Aug 24, 2026

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I owned XRP before most people had heard of it. I watched the price go up. Then I watched it collapse when the founders sold their tokens on the open market. This is that story. In this episode you will discover: Why XRP is not decentralised, not scarce, and controlled by a company called Ripple Labs that has sold billions of tokens to fund its own marketing campaignsWhy the SEC called XRP an unregistered security, took Ripple to court, and even after dropping the case still extracted a $50 m...

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I Owned XRP Before Most People Had Heard of It - Here Is Why I Sold It and Why I Think It Is a Total Scam (Bit Coin, Wealth & Investing)

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