In the end, Ripple is a currency agnostic payment and exchange network. It allows people to send any amount in any currency directly to anybody anywhere instantly. No other system, network, exchange or currency can offer a service close to this.
Cypto-coin and fiat zealots who are religiously devoted to their denomination are incapable of rising above their dogma to appreciate the need or value of a secular financial system like Ripple. Even if crypto-coin profit
I mean
.prophet
.Satoshi Nakamoto, was revealed to be the Ben Bernanke, and he owned up to the million+ BTC that he pre-mined, BTC fundamentalists would remain unfazed.
. They would simply spend the hour or so it would take to get 3 to 6 confirmations to create new denial mechanisms.
If a currency or payment system cannot be used to transact business instantly, it has no place in the future. BTC cannot be used as a point of sale protocol. It is too slow
.plain and simple
.end of conversation.
Much to the chagrin of the fundamentalists Bitcoiners, Ripple is the only present way to make BTC viable in the future.
Nonsense. Ripple offers zero value in the payment system.
For cryptocurrency to cryptocurrency, we can already send any amount directly to anybody anywhere instantly.
For Fiat currency, even with the use of Ripple, you will still need to use the banking system to move the money to the end point. You can't magically move US$100K from one place to another. Someone will still need to absorb the banking fee for the transfer.
So why even create a complex system when it doesn't improve things at all?