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Ripple : Difference between Ripple/XRP and PayPal?

Ripple update: Difference between Ripple/XRP and PayPal?


I was in an argument with someone about why Ripple will succeed, and he argued that PayPal already does what Ripple is trying to do, liquidating assets from one place to another in a relatively quick amount of time.

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Which leads to my question, what makes Ripple’s vision/function different from PayPal? What makes it *better* than PayPal?

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Thanks.




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About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: raheelqamar3

Score: 9

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