http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/
This gonna be huge. And bullish as fuck, to quote adam.
Ripple may turn out to be what saves Bitcoin and fuels the next rally.

Ripple is the US banking system's attempt to avoid being destroyed by Bitcoin.This gonna be huge. And bullish as fuck, to quote adam.
Ripple may turn out to be what saves Bitcoin and fuels the next rally.



They think that if they make USD transactions easier then they'll be able to avoid losing the USD as a unit of account.
Note that Ripple's consensus system is a closed, invite-only network. Exactly what you'd want if you were trying to preserve a banking cartel's position in the world.
Even if you do NOT agree with Ripple's goals and objectives, would it NOT be a good investment, based on the rationale that you lay out, above.
Let's say that various status quo banking, financial and government systems buy-into Ripple to attempt to preserve whatever status quo situation that they enjoy, then wouldn't we want to jump on board and profit from that, even if we do NOT agree ideologically and even if the bandaid solution of Ripple may NOT be long term ... but profit, while we can from such in investing into Ripple for the next 2-4 years or something like that?
I am NOT talking any book because at the moment, I own NO ripple at all.... and actually I am disinclined to invest anything into ripple because it seems to be too much of a potential scam..
Ripple is not a good investment because a single private entity owns vastly more XRP than are in circulation and can squash the price at their discretion.
so can satoshi and a handful of others
You're talking more coins than are in circulation vs. 10% of what is in circulation. Big difference.