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RE: Does newly announced official banking sector owned crypto threaten Ripple's xrp?
In my humble opinion, a "FedCoin" backed by central banks is anathema to why cryptocurrency was developed to begin with. The technology may be great, but like all technology, it can be used with malintent. Therefore, the more decentralized the better. That said, I am an opportunist and I'd say that if you have no scruples about the matter and are solely interested in investment opportunities with cryptocurrencies that are based on fiat and central banking, then go for it! Best wishes and thank you for your thought-provoking post!
Good posts though I'm not averse to investing in something if it is for an industry that will benefit and have cost taken out. Just in this case it looks like they may have done trials on ripple but may be coming up with theyr now version for xrp. But thanks for furthering the discussion thread on here.