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RE: Dear Ripple Investors, Do you even know what Ripple Is?
It's an enticing proposition for short term profit, but there are a lot of red flags. ... Pre-mined? Banks? Only time will tell... We shall see..... :)
premined .. well there isn't even mined. its centrally issued
pre-mined has become a term for hoarding a large percentage of the token among developers/foundation.