I think of Ripple as being a gateway crypto. It’s fintech for the banks and other fiat moving companies. As it is adopted by more and companies, it will expose more companies and people to the idea of crypto. I know that some people believe that that it is not truely crypto because it is more centralized than the rest, however I think that is an advantage not a disadvantage. It is centalized enough to be acceptable to financial institutions but has all of the hallmark technologies of crypto. I think Ripple will be the third founding father of crypto behind Bitcoin and Etheruem.
I think of Ripple as being a gateway crypto. It’s fintech for the banks and other fiat moving companies. As it is adopted by more and companies, it will expose more companies and people to the idea of crypto. I know that some people believe that that it is not truely crypto because it is more centralized than the rest, however I think that is an advantage not a disadvantage. It is centalized enough to be acceptable to financial institutions but has all of the hallmark technologies of crypto. I think Ripple will be the third founding father of crypto behind Bitcoin and Etheruem.
best explanation of ripple i've seen in a while :)
Thank you!