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RE: Why Ripple is better than Bitcoin and Ethereum
The point is that Ripple is not the same as decentralised permissionless open source cryptocurrencies. It simply serves a different purpose and that is payments, payments, payments.
Personally, I will not touch Ripple because I am not into coins that can be created by a central authority at will. We have tried that with fiat long enough.
Your argument is valid, though it is an emotional one. Though I own XRPs, I too have some reservations, mainly related to the fact that Ripple Labs has a huge number of XRPs locked up, which they eventually will place into the market, which will lead to dilution. In addition, I am worried about the already high market cap op Ripple. On the other hand, XRP seems to be(come) banks preferred blockchain pick to speed up their settlements, so there is a case for it.
There is most certainly a case for it. The ongoing integration in the existing financial system is a big plus because they seem the first to really bringing banks onboard. For consumers, getting faster and cheaper payments is always a plus.
I am also looking at Stellar which also seems to aim at integration in the existing financial system with an open source network governed by a foundation in Germany, accessible to all. Stellar will open an airdrop soon (Bitcoin account with a balance + Facebook login outside of USA/some other States) is sufficient to join. I guess Stellar needs more attention but I always welcome free entry.
I agree on Stellar (which is in fact a fork of Ripple (2014)). However, I sold off my STRs about a month ago, as I was getting some fear of heights after the sharp un up.
What I particularly like about Stellar is that it is built upon a distributed open source Internet protocol and that it does not allow freezing the currency (as far as I know).
What is also worth noting is that, over time (though very slowly), the amount of XRP will decrease, whereas STR has a 1% p.a. inflation factor.