Many things can be found about Ripple in simple online search. From
everything I read one answer on Quora impressed me, here it is:
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https://www.quora.com/What-could-be-the-future-value-of-Ripple-XRP-Cryptocurrency/answer/Rick-Steinman-1 I will share here paragraph`s that were most interesting in my opinion:
-Ripple is a system created for banks to enable immediate payments and lower costs.
Imagine if you could make a bank transfer in a few seconds instead of 2-3 business
days. That will happen over the time course.
-Ripple is a centralized currency, unlike Bitcoin. It means that one company owns the
system and more than 70% of Ripple. You may think that what if the company just do
the infamous, “Pump & dump” -move. It means that they promote their system until the
price goes high. Then they sell all of their investments, take the money and leave.
However, it won’t happen at least in the near future. They announced that a big part of
their Ripple holdings will be locked for 5 years. So, they are not going to dump it during that
time. That move will probably take the price higher because there are fewer Ripples available
for trade.
-One of the greatest benefits of Ripple for banks is the price efficiency. On Ripple - One
Frictionless Experience To Send Money Globally | Ripple is presented that banks can save
millions or even hundreds of millions of dollars each year with Ripple by using this new technology.
That’s one reason why so many big banks worldwide have become Ripple partners.
In full answer at Quora you can read about other interesting things. Many people claim that Ripple
has no future, but many people said the same thing about Bitcoin, Ethereum and many other now
successful coins.
