- it is explicitly (or at least formerly) not considered a currency
- it is centralized (the company can freeze accounts if it wants, create more coins, or be sued)
- it's major use case is for inter-bank transfers. So if Bank A and Bank B was to exchange currency x for y, they will use XRP in-between. But this gives no value to the currency itself, it is just used as an intermediary. Is it conceivable that Ripple the company will not have enough XRP for these internal bank transfers and they are going to have to buy them back from the public??
So it seems that XRP has no value outside its use by the company Ripple. Is anyone actually using it for commerce or any other reason? It is not considered a store of value like bitcoin (in any case one would want something decentralized.
Because there are some news and articlesbthat are saying that ripple is going to be a very successful altcoins these year and they have seen us the groeth of them within the last year. We all know the power of the social media they believe in it because everybody wants to gain money but they didnt know that the ripple are just continuing to grow because they are paying a lot of attention in them. They are buying he products so the overll market value will also rise up and yhe people think it is because of the success. Yes somehow but the real reason is because of us the investors