Bitcoin’s emergence has brought a field of competitors. One payment system, Ripple, serves as a platform for currencies both digital and real.
NY Times seems upbeat on Ripple: “As far as I’m concerned, bitcoin and Ripple are the only ones that have a real shot at being a big deal.”
“On Tuesday, the company overseeing Ripple’s development, Ripple Labs, will announce $3.5 million in financing from six new investors.”
XRP have only appreciated about 50% recently as bitcoin markets have soared. Smart money is probably buying up XRP right now.
See on dealbook.nytimes.com
