XRP is widely accepted by banks and other financial institutions, plus it's working with regulators. I can't help but wonder if all the other coins & tokens with the same utility as XRP will still be relevant in the possible digital currency future.
Can you guys please tell me what you think of this.
However, XRP is centralized. It has a single point of failure. In the long run, decenterlized systems will succeed, and centerlized systems will fail or underperform.
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On Ripple's site it states that XRP is decentralized and someone at the company stated that they are working to improve decentralization.
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I'll check it out and follow up -- Thanks for the response.
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