I have always wondered what was so appealing in Ripple.

Maybe chipmadness can enlight me.

Ripple has a sort of central bank (the founders) that own over 80% of the existing XRP. So you need to trust them and hope they won't flood the market with there xrp. You also need to trust gateways. That's alot of third parties you need to trust.

Ripple as a technology may be interestering. Ripple as an investment doesn't make sense imo.