I find animosity toward Ripple to be perplexing.

The Ripple protocol enables a 1000 Bitcoin transactions per second (and is easily scaleable) ... whereas the bitcoin protocol can only handle what?...7?

The RTXP protocol enables bitcoin transaction to clear instantly ... whereas the BTC protocol takes a minimum of 10 minutes.

The consensus system is not subject to malleability or 51% attack....

The network is distributed, so accounts can't be frozen and it doesn't rely on centralized exchanges (i.e. Mt Gox).

Every aspect of it is open source so you can do whatever you want with it.


I can understand a preference for a particular currency (like gold or LTC)...and a revulsion from others (like fiat). With Ripple you can keep your wealth in any currency you want....and have it easily interchangeable with everyone else. (I wouldn't recommend XRP though as it is primarily for anti spam....)


There is no doubt the Ripple ecosystem is the most inclusive, thoroughly designed payment system, exchange and protocol.... and it's closest competitor is still in a primordial soup....