The old Bitcoin developers launched the Ripple software company in 2012 and their digital currency, XRP, is seen by some as the logical successor to Bitcoin.
The New York Times once described Ripple as "a cross between Western Union and a foreign exchange, without high fees" because it is not only a currency, but also a system in which any currency, including the Bitcoin, can be negotiated. "Ripple connects banks, payment providers, digital asset exchanges and companies through RippleNet to provide an unfettered experience to send money worldwide," explained its creators.
Ripple has licensed its blockchain technology to more than 100 banks. And a new hedge fund recently announced that it would be denominated in XRP. Recently, his CEO told Fortune: "We are not against the banks, we are not anti-government, we are not a fiduciary currency."
XRP's current supply is approximately 38.7 trillion of a maximum supply of 100 trillion...
Would be interesting. The ups and downs of it recently have made me nervous though.
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