Bitcoin: What are the biggest threats to Bitcoin?
Ripple may be the latest craze in the cryptocurrency world. Although its price still lags far behind Ethereum and Bitcoin, it has nonetheless gained 3800% in recent months, catapulting it to the number 3 spot on the list of over 100 cryptocurrencies with regard to market capitalization. What's more important, perhaps, is the technology that Ripple offers aside from its currency. The Ripple blockchain protocol has gained recognition by more than 60 major financial institutions around the world, with the National Bank of Abu Dhabi one of the latest to incorporate it into its practices. Ripple has, in this way, broken a barrier that virtually no other cryptocurrency has, by finding a way to integrate itself within the broader financial world. To some, this spells a new way for the future of the digital currency industry. To others, though, Ripple has some significant security weaknesses. That could be a threat not only to Bitcoin but to all those cryptocurrencies that are r...