Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
and I'm also still not convinced most institutions will ever find a use for anything in the crypto space in their lifetime.
exaclty, this is why RIPPLE is unique in the crypto space. Because its not designed for the end user, but instead for the bank. Its B2B.
All the crypto revolutionary technology has been focusing on end users. Finally theres one that is focused on the banking industry.
BTW i forgot to say before that a third party IS needed for creating a model that banks will adopt. Either consensus on a model or a third party providing a system. What would be crazy is for the banks to make each of them their own tool or software. XRP works as a common ground, a new standard.
All the other cryptos are tools for the end user. So i stick with BTC the leading one.
Then ETH is promising to use blockchain for a whole new layer of possibilities, so wow.
all the rest arent different or mostly are copies of either BTC or ETH but with less brand n momentum
EDIT: i just checked the RIPPLE web again, man im ULTRA BULLISH on this (so 70% on BTC, 20%XRP, 10%ETH)
I think you are confussing the technology infraestructue (Ripple) with one single token (XRP). If banks where to adopt Ripple technology they wouldn't be using XRP. They would use their own token to transfer FIAT (EUR, USD, etc). They won't be touching XRP.
For the same reason, if you like the tech behind, why ETH and not ETC instead?
And if it just for the tech.... what would be the advantage of ETH/ETC when Rootstock is in place for BTC?
Not saying you won't be doing well with your investment, just arguing about the reasons you are giving.