Big banks want to crush Ripple and Bitcoin. At least, that’s the impression one gets by listening to speeches of high profile bankers, attacking the very premise and the valuation of Bitcoin.
The same could turn out to be the case for Ripple, as it can be very valuable to banks. “I believe Ripple offers a viable blockchain solution and an enormous amount of utility to banks,” says Darren Marble, CEO of CrowdfundX.
“As such, I do not believe that big banks will necessarily crush either Ripple or Bitcoin for that matter. While banks are actively investing in and working to develop blockchain-based solutions, it’s going to take a bit more time for banks to come around to the idea of relying on a cryptocurrency and for the industry to become more established. I believe banks are keeping a close eye on Ripple. This isn’t going to happen overnight.”
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