To be honest, these sorts of deals and growth ambitions should be welcomed. They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system which has built a backbone that is hard to replicate and you have to pay a lot to use it.
That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks.
That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks.
Is that what it's about? I can't wrap my old head around so many of these coins! Nor why they're doing so well, but yah, if small banks are using Ripple, then they've done something quite grand!
- Just a bit unclear on how they're going to, you know, earn much of it back at any time within the next thousand years...
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