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there's absolutely no comparing XRP with Bitcoin, it's not "cheaper" than Bitcoin, it's not more energy efficient, because it's not remotely in the same category. the same way you can't compare an excel doc on my laptop with Bitcoin. it's just a category error to compare the two
XRP isn't a cryptocurrency, it's not meaningfully decentralized, it's literally a token on a DB maintained by a single entity (+ some [unconvincing] decentralization theater). It's equivalent to an IOU on my starbucks app, except worse, because I can't even redeem it for coffee
its claimed and only use case as a 'bridge currency for remittances' was made completely redundant and invalid when people actually adopted stablecoins for that use case. no one wants to use a volatile, illiquid, thinly traded asset as a bridge currency. no one.
it has no use case, the only use case is lowering the cost of capital for Ripple labs, so they could bribe other firms to engage in phony, empty partnerships to juice the XRP unit price and excite the retail investors that own the token. everyone knows this
the only way to break this feedback loop is to force the issuing entity to be accountable. I dearly hope the SEC sees thru the smokescreen and perceives XRP for what it is – a shallow fraud. it's time to put an end to this madness. a total blight on the industry, an embarrassment
