Cryptocurrencies

The XRParmy’s dreams have come true, but what now?

The XRParmy is a force to be reckoned with. With its mix of excitable humans coupled with intelligent AI, they must be wondering what to do with themselves now that XRP has finally been listed on Coinbase.

Perhaps they will move on to the issue of price. Despite an initial Coinbase pre-pump (which some people have suggested could have been insider trading), the price hasn’t reached the lofty heights Coinbase was supposed to provide.

The XRParmy has been mired in some controversy of late. After crypto analysis site Messari alleged that Ripple was inflating their market cap, the army went into overdrive. Such passion could be seen as a positive aspect of a cryptocurrency community, yet they went overboard this time. The CEO of Messari, Ryan Selkis, suffered threats to both his own safety and his family’s as a result of the findings.

There is no shortage of critics ready to attack Ripple or XRP, so the defensive nature of the XRParmy is not surprising. Much of the criticism directed towards XRP is the lack of decentralisation and its unusual technology, coupled with its ideology going against that of a typical cryptocurrency.

Now that the Coinbase listing is official, where will the XRParmy turn their attention? Perhaps on the banks, which so far have been used as test beds but haven’t actually incorporated XRP into any live products (apart from a few small banks). Alternatively, they could aim their ire at any blasphemy of the Ripple gospel.

Most likely, the #XRParmy will continue along their way with blind faith in their leaders and their beliefs. Whilst it is entertaining to watch for the most part, the real excitement will come when either XRP becomes the global standard or falls onto the pit of failed altcoins. How will the XRParmy react then?

Want to see more discussion of the XRP listing on Coinbase? Check out our video here!

Ross Chalmers

Ross first discovered Bitcoin as an undergraduate at the University of Sussex in 2013. Since then, the self-confessed Game of Thrones superfan has travelled extensively before returning to academic studies with Leiden University in the Netherlands to complete his MA. His focus was on the philosophies and groups underpinning the Bitcoin movement, Crypto Anarchy and the CypherPunks. As a child, Ross set his heart on one day becoming an F1 driver but nowadays focuses his passion on the high-speed nature of crypto.

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