[moltuae]

I think Ripple is probably a good choice, in the short-term at least, for the reasons you mentioned.

It's not a 'true' cryptocurrency because its not decentralised, so it's really just a digital payment system that uses blockchain technology. However, while it misses the point of cryptocurrencies somewhat, it's likely to do well in the short-term because, ironically, the very properties that make it fall short of the definition are what makes it attractive to many people. The idea of investing in a cryptocurrency that has no central authority controlling or overseeing it is just a step too far some people. Ripple bridges that gap right now and I suspect it will do well until cryptocurrencies become the norm.

Originally Posted by Regulus

not to mention how many times wall-street banks like J.P Morgan has been fined with a slap on the wrist for manipulating the silver market. No-one will ever be arrested for breaking the law. It's all part of the game, and cost of doing business

Same goes for money laundering ...
https://www.thestreet.com/investing/...ndering-report
Billions of Dollars (trillions even) but nobody ever gets arrested or imprisoned for it. And yet if you're caught using Bitcoin to money launder, even just a few thousand Dollars, you'll be dragged from your home and thrown in a cell. It seems that the real reason governments and banks are so anti-money-laundering is because they don't like competition.