Post
Topic
Board Altcoin Discussion
Re: Ripple vs. Banks?
by
Gargo
on 26/02/2019, 22:14:26 UTC
This article is a good read:

https://www.forbes.com/sites/billybambrough/2019/02/15/the-end-of-ripple/

Ripple use case was only to have banks work with it, but now when banks are making their own cryptocurrency, is Ripple in trouble?

Each bank wants to cut the largest piece of cake for himself, so more cryptocurrencies similar to Ripple will be created. Of course, if there is more competition, then everyone will earn less for himself. Ripple will probably stay a leader for centralised crypto because it appeared first, just like Bitcoin for decentralised crypto.