Ripple is a banking settlement layer that absolutely zero banks are using today
It can't be mined!
XRP can't be used as money to go shopping
The Ripple network is operated by a private company (Ripple Labs)
20% of all XRP in existence are being hoarded the founders of Ripple!
But it does have purpose. Why are you bashing ripple?
Also some banks are using ripple. Many financial institutions are implementing its technology.