Why Ripple (XRP) might be the future of digital payments
Check out the discussion here:
https://www.youtube.com/watch?v=FmiBm2LQlykRipple, the worlds fast-growing crypto payment powerhouse, works with bank regulators and policymakers in several governments for the adoption of digital payments.
CryptoWhale, a crypto analytic firm, in a series of tweets, recently spoke on the odds of giving XRP the edge, as it works with government regulators on compliance.
Ripple has a very prominent chance of becoming the future of the digital payment system. If you go to Ripple's website and look at their customers section, you will be surprised to see the number of banks they are partnered with.
They have a brighter chance among the peers. But Ripple is not entirely a cryptocurrency by nature. They are more like a centralized company which issues their own money. Can't really comparable with true cryptocurrencies!
The XRP customer list has always been impressive. That and their technology are what they have leveraged to become the biggest name in the centralized space.
Still, I question how far they can go down the government legitimatizing route before they hit the brick wall. Where governments ultimately view it as supporting a competitor. The longer it takes the more the technology becomes stale and also the easier to replace with something newer by any bank/government entity. I support XRP but that risk is real.