Cryptocurrencies: China Government sends order to exchanges, they close down. BTC survives, works as designed. Value lost <20%
XRP: (Possibility) Government sends order to Ripple Labs, they close down. XRP stops working, XRP becomes worthless.
I cannot believe people still invest in a synthetic token that is controlled by 1 company and can be shut down any minute LOL
I honestly am not sure that Ripple/XRP should be compared side by side to BTC/LTC, or that either of those should be compared fully to ETH. Each are so different and of the four, XRP serves a purpose which is really inherently different and exclusive from the rest.
I don't believe that there has to be a winner between BTC / XRP, but that they would almost be more likely to coexist as fiat and gold do, today.
I am not a crypto expert by even a long shot. I research and read and I buy and HODL and rinse and repeat, but I still struggle to fully grasp the entirety of what blockchain and crypto are and will become. When someone compares the market cap of a crypto to the USD I think wow, you're right. But then I realize....woah, the U.S. is such a SMALL part of the global equation of which BTC actually applies. As you pointed out, a Chinese crackdown on BTC really did not hurt the coins value. Crypto and Blockchain are huge.
In that same regard, I see XRP as being pretty different in terms of an investment when compared to a coin like BTC or LTC. (LTC being my personal favorite digital currency for actual use and transactions due to transaction speeds).
but Ripple Labs as I see it is a private company who built a product and has this product suite of offerings to offer their corporate customers. Ripple Labs strikes me as a decent company with a good product that can help their target market (Banks) improve their service to customers and profit margins. That gives them a neat product offering and makes it an interesting company to me. I buy XRP like I would stock in a company that I think is going somewhere, because if Ripple's application takes off in that more centralized/private world, then their "currency" will likely increase in value and use as well.
I buy BTC differently, as a store of increasing value, such as gold.
I dont know, that's my perspective and I may not be doing a grand job of expressing how my meager intelligence is processing the crypto world, but I just see XRP and BTC in different lights, personally.
I don't see why a government entity would aim to shut down Ripple labs and their product line anymore than they would gmail, yahoo, hotmail, or what-have-you.