I can't believe a company like WU is still operating 10 years after the crypto was invented. Are people really that stupid?
I have a slight issue with people who roll out the 'Bitcoin will kill WU' line. Mainly cos as it stands it's crap.
You're paying WU to finish up with spendable cash in someone else's hands in millions of places.
Millions of other places don't have places to spend crypto, or don't have exchanges or might have 2-3 people to sell it to in an entire country on Localbitcoins.
It's a starry eyed comparison that fails to hold up.
And this is where XRP comes in, a solution between the centralized fiat with high fees and the decentralized cryptocurrencies with instant and low fees.
Bitcoin is good as a currency when shops accept it, but it has stayed too long in the grey zone of the law and it doesn't have the same software and corporate support Ripple Labs offer.
Really if you think about it, we have about 20-30 great blockchain projects and if we were to support these that'd benefit the whole crypto-scene.
Unfortunately we're too busy fighting among ourselves for which coin is better, which has the best team, which is more decentralized and often we're splitting chains or copy existing projects because so many people feel they are special and they should lead with their own project.
Because of that everyone is losing as we keep weakening BTC to buy into scams and the few great altcoins are lost among the shitcoins.
We'll never replace centralized businesses like that.
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