Could Ripple XRP replace bitcoin before it is widely accepted?
If ripple allows users to send money instantly and almost fee free, with a pretty and easy to use UI.
Plenty of money to burn on advertising and reputation building.
Business and Financial connections likely to get them accepted on large merchant sites.
Why would the average person have any interest in Bitcoin?
More important could Ripple become controlled by business or government?
I'm not suggesting any of this is fact.
Just wanna hear the opinions of people that actually know stuff.
I would not invest in Ripple as it is not decentralised, not open and there is no proof of work. Also supply could increase anytime. Also does the token not have a clear utility. If you can explain the utility please do so. Bitcoin will remain the elefant in the room. What I do not like about Bitcoin is the concentration of more than 90% of Bitcoin with the top 4 holders.
Well, although I do not know too much about ripple but I see a lot of people complain and freeze a large amount of money in ripple when they invest in it, value and development does not seem so ideal, it can maintain the position as the present is really a surprise. While bitcoin has very strong development and is supported by many people, its position speaks to all its potential, so there is no reason to skip bitcoin and choose ripple, a clear difference