Re: Ripple vs. Banks?

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?

I utterly disagree. The JPM coin is hilarious. There is no tech to back it up, there is barely even any need to use blockchain for what they're doing. The old argument gets raised every now and again: 'banks will use the ripple tech but not XRP, they will use their own coin instead' - this doesn't make much sense. XRP is the native coin to the ledger, and the only native coin. Sure a bank could use it's own coin, but why? Where is the competitive advantage?

"Competitive advantage"?!? Where's the competitive advantage of using Ripple, instead of your own blockchain?

Ripple is centralised...

It's the same as any other blockchain but ripple has the biggest pre-mine coin that's enough to make all of the people in the team being the next rich person. There was no important thing to bet on this one dude. This is a really centralized blockchain and it has no advantage at all.