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RE: Is Ripple the next big thing ?

in #steemit7 years ago

Well that's quite a comparison your making! :o I think Ripple did a good job by focussing on a specific use case instead of screaming to disrupt the banking system or government influence. I like the project although they are quite controversial compared to other crypto's.

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Yes, beacuse of focusing on specific use case Ripple’s blockchain network has been adopted by 100+ major global banks for transfers. This is because Ripple is much faster than most blockchain networks and much cheaper too. Banks which adapt Ripplenet and use XRP will reduce their costs of the transaction by over 60%! This will make Ripplenet the go-to enterprise blockchain platform for banks. They will buy the XRP coins for transactional purposes and this will push the price even higher.So, I think it is not the worst idea to invest in ripple.It will surely make some money.

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