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“Q&A: CURT: WHAT DO YOU THINK OF THE FUTURE OF RIPPLE?” (THE CRYPTOCURRENCY)

—“In my opinion, Ripple is currently the long term win beacsue institutions will buy into it, the public can make use of it, and they are friendly to govt regulation. My concern with BTC, having been a small investor in an experimental BTC company, is that it has too many negatives: near impossibility of use, poor transaction rates, problem of scale, record of corruption(thefts), high ‘fringe’ (criminal) factor involved. I have a hard time seeing BTC survive (long term) as other than the exchange of choice for drug dealers, money launderers, and gamblers. But that will not stop the low volume-high price of btc. So I separate the investment opportunity and the timing of exit before collapse, from the long term viability of the technology. BTC price gain is due to, speculation on price gains not on the future of the technology. This same opportunity may not be present for Ripple which is a traditional business model.”— Curt Doolittle