- Reaction score
- 3,815
You really need to let go of your bias toward Ripple; the use case is clear, it is amazing for banks to use for international transfers and it is blistering fast (instant actually). They are a proper company with a ridiculous amount of money allocated for development and marketing, and they will use it. You may find that even in a decentralized world, centralized payment processing via the likes of XRP/XLM might be the best scenario. It certainly beats having to pay $50 transfer fees to send BTC. In fact, i'd say the only dogshit coin right now is BTC, and many people are starting to realize it.
I own both XRP & XLM - i'd rather see XLM win because it is more of a people's coin, but if XRP wins that i won't be bothered by it since i'll make money either way.
And in saying that I'm not saying anyone shouldn't buy it for diversification purposes or that it won't go up, just that the arguments for specifically xrp and not just the ripple platform as one of the major cryptocurrencies is laughable.