They are not competitors. They are striving for 2 different goals. BTC is no longer trying to be a currency. The community tells you to use your credit card over BTC. LOL.
That is BS, otherwise the Core cabal would have changed the basic marketing and white paper too.
XRP would have a potential use case if banks weren't corrupt as fuck and actually wanted to charge lower fees. The fact that it's a scam doesn't mean it isn't built for banks
The other problem with ripple is there are like billions of ripple locked up owned by the creators. If they start dumping all that into the market, Ripple will crash.
No, I wasn't talking about all of the micro-cap shitcoins that you idiots try to get rich with. There are about 10 cryptocurrencies today that worth to mention and 3 real networks.