I don't understand why everybody expects banks to put ripple at the wheel for free and SWIFT to simply roll over and die?
SWIFT has all the connections, contracts and logistics already in place.
This appears to be the logic:
1. Tesla is starting to sell electric cars.
2. Electric cars are better than combustion cars.
3. Since electric cars are better, everyone will use Tesla's in a few years.
4. The worlds leading car manufacturers will all become obsolete due to not selling electric cars.
Of course the market adapts. Until now there has been little reason for SWIFT to upgrade as there as been no real competition.
If/when banks would consider switching to Ripple, SWIFT will all of a sudden present "Swiffle" which would about as good as Ripple. Good enough that most of the banks won't switch.
Ripple could be the Beta Max and "Swiffle" the VHS, better than the other one but it still looses.
improvised - adapt - overcome
i think this battle will become nature selection.. who will survive and who will be extinct
market sometimes not to think much, they just follow the waves of the money
much more better technology than current BTC, but still BTC price is higher
now we have ripple here, what will it become, i think it will depend of the investor
money always win in it ways
sorry if i'm wrong