Thread: Money Bitcoin Take?
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Old 12-29-2017, 10:22 PM   #1074
Taco John Taco John is offline
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Quote:
Originally Posted by BWillie View Post
Maybe, but I doubt it. People don't want to say most of the reasons why they love cryptocurrency. But ripple certainly doesn't have those characteristics. The goal of ripple is to profit and then get picked up by banking institutions.

I think you'll see Bitcoin be around a long long time as a secure store of value, and privacy coins really become the valued coins.
The thing that you have to understand is that Ripple IS getting picked up by the banking institutions. They have over 1000 banks signed on that are in the process of coming on board. That will give XRP a stable floor, and it will float a lot of boats. Banks aren't going to turn to Bitcoin for their back institution liquidity needs. They're going to turn to Ripple. Look at where Bitcoin is right now. That's where Ripple is headed.
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