Why Did Ripple Go After The Banks First?
The payments internetworking infrastructure must be designed from the top-down as a result of the banks hold loads of value for payment systems and ripple is made with them in mind, above all cross-border payments. you cannot build it from the bottom-up sort of a grass-roots cryptocurrency movment like bitcoin or stellar as a result of payment systems are the domain of banks and alternative such money establishments, therefore the top has to be targeted initially, not the bottom.
Before xrp will skyrocket in price, an internet,online, web, of value, useful|valuable|important |of import for moving value as easily as the existing internet moves information must be established with new protocols, and these protocols will have to be compelled to be additionally air-tight than regular net protocols as a result of they'll be moving a selected sort of terribly valuable information - cash - and within the future they'll be moving astronomically Brobdingnagian sums of cash (more typically value, like digitized currencies, digitized gold, digitized stock options, cross-border payments, digitized music, ditigized videos, etc., something of value that may be digitized and listed for one thing else of import that's digitized), thus most reasonable current use case for ripple is for moving low-value payments to scale back risk if system is compromised until the related technologies like internet of value protocol(s) is mature enough, tested enough, established enough to wherever the banks will begin moving terribly, terribly giant sums of cash using xrp as a bridge currency, then xrp can in theory skyrocket in price if it catches on with banks and alternative FIs for cross-border payments and is that the most suitable choice for cross-border payments.
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Ripple......A bankers way to centralize the decentralized market or just a crypto phenomenon?
I believe it's the opposite actually. The ones in power never wanted a "fair money shift" so they initiated the crypto revolution through bitcoin with the anonymous creator. In 1994 NSA did a paper on cryptography of anonymous electronic cash
--> a crowd fighting for anarchy to bring the system down.. well they will get their way but it will not benefit them and the banks and cartels will say, look what they did, they created this mess. we tried to fix it.
Ripple goes inverse to the anarchy mentality and set out to make a functioning relationship between decentralized and centralized crypto that could work both as settlement currency and payment method in between banks so as in between regular everyday commerce.
Ripple will be getting into the apps, decentralization marketing this year.. Ripple has the optimal tpps + fee compared to ddos securety and attacking the network protection.. currencies like Raiblocks doesnt have that so they're useless.. whom ever can take that down and then --> not so instant settlements is it... much ilke iota coin with 0 fees.. well how much power do u think your computer is using up trying to resend something 40 times a day? settlements worse than bitcoin lolz.