thespacebar Wrote: You're completely right. I'm surprised it's not even popped up already because of it's future potential. Even though it's a cryptocurrency, and cryptocurrencies > banks, banks work through advertisement and traffic flow; no bank will be using ripple if it wouldn't be convenient and profitable; the only way they'd get customers and people using ripple is by convincing people that don't know, to buy and invest in ripple and doing so would make it's market skyrocket.
Banks are very wary and continuing to oppose Bitcoin. That is understandable and no surprise at all as the cryptocurrency is proving to be a much efficient competitor against the regulated fiat currencies. However, banks are not completely closed off to the blockchain idea behind the cryptocurrencies.
Interest has further grown for Ripple with its great focus on blockchain technology. Unlike Bitcoin, Ripple has created partnerships with banks and financial institutions around the world. With banks continuously showing interest in entering the blockchain world, Ripple seems to be the most likable of the cryptocurrency and blockchain companies they would partner with for expertise and ideas.