Is Ripple XRP A “Digital Fiat”?

Is Ripple XRP A “Digital Fiat”?

In an interesting turn of events, Anatoly Castella classifies XRP as a “digital fiat”…what IS a digital fiat anyway?!

Crypto Exchange Coinbase Forms Political Action Committee
https://www.coindesk.com/crypto-exchange-coinbase-forms-political-action-committee/

XRP IS NOT A REAL CRYPTOCURRENCY, SAYS EXPERT
https://bitcoinist.com/outcast-xrp-is-anything-but-a-real-cryptocurrency-says-expert/

‘Expert’ states XRP [XRP] is a security, Ripple adopted a “wrong regulatory approach”
https://ambcrypto.com/expert-states-xrp-security-says-ripple-adopted-wrong-regulatory-approach/

Investment fund CEOs: XRP is digital fiat, not real cryptocurrency
https://thenextweb.com/hardfork/2018/07/20/investment-ripple-not-cryptocurrency/

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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