Are we talking about the RCL or XRP... Becasue I have a realistic understanding of the security that Bitcoin offers.
The problem with bitcoin is that the stakeholders are chosen by external, inherently centralizing, factors. And worse, the stakeholders have a strong incentive to see the transaction fees be high
I think there are a lot more to these two statements than you make it seem. I agree with most of what you detail, although with with many small caveats. I think there is a place in this space for many different systems - each offering degrees of 'security', 'decentralization' and such. XRP and BTC will coexist dispite their large differences in centralization.
I agree. I'm a huge supporter of both systems. Since XRP doesn't have to fight the inherently centralizing tendency of PoW, XRP should be more decentralized that bitcoin by the end of the year. And, I suspect, bitcoin will improve its decentralization and censorship resistance as well.
Expect for the fact that XRP is inherently centeralized in the first place or am I just entirely off base here?
To be clear - I am a huge supporter of both systems also.
the xrp ledger is not centralized. You are very off base.
the xrp ledger is a decentralized exchange in of itself. Shows how much you know about crypto.