ripple alone has $40 billion market cap now...
more than half of all cryptocurrencies.
the market cap of Paypal is below $60 billion Visa below $200 billion
but the number of users of all crypto is dozens of times less than paypal.
More importantly the SWIFT has 1000s of banks just makes $20 million in net profit per year.
So it would take the SWIFT about 2000 years to earn $40 billion ...
(=the main thing ripple wants to do specifically, what they invite bank clients for)
more than half of all cryptocurrencies.
the market cap of Paypal is below $60 billion Visa below $200 billion
but the number of users of all crypto is dozens of times less than paypal.
More importantly the SWIFT has 1000s of banks just makes $20 million in net profit per year.
So it would take the SWIFT about 2000 years to earn $40 billion ...
(=the main thing ripple wants to do specifically, what they invite bank clients for)