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RE: We say we want decentralized currency...but do we understand what that means?
I think the other thing that "bitcoin" helps solve is creating a global currency. I imagine a world when one day I can travel the world and pay with "bitcoin" in England, Spain, Japan, Germany, US, etc. No more exchange rates or worrying about which countries accept certain currencies. I put bitcoin in quotes because it can be any cryptocurrency that's the most popular in the future or even possibly multiple cryptos.
I see. That sounds like something that can be done effectively with Ripple.
Ripple will probably be a currency of the future and the reason why decentralized is such a key factor. Too many people worry about the value of Ripple being controlled by the banks which is the reason crypto was invented in the first place to prevent a central organization from having all/most of the power. This is where cryptos such as Dash, litecoin, bitcoin, and monero shine.
I think Ripple definitely has potential, but if it only remains a bank utility token, it's gonna dip even more.