Post
Topic
Board Altcoin Discussion
Re: Ripple vs. Banks?
by
encycrypto
on 02/03/2019, 10:36:08 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?

I have just figure that out lately, wherein why xrp are coordinating with banks? Is that ironic that a decentralize platform is going back to old school centralized bank with interference.

Ripple isn't decentralized, you may think of it as a centralised blockchain. Ripple thinks that banks aren't bad, and Ripple protocol can help them in payments processing.