My views about upcoming future of bitcoin: Bitcoins vs Altcoins

I think that bitcoin is a bubble which will burst in relation to it's alternatives (Altcoins) like Ripple etc.

Ripple - XRP

Reason behind me thinking this is that these cryptocurrencies have some usefulness against bitcoin which is only a cryptocurrency for investment purposes but does not hold any usefulness or in better term 'serves any benefits'.

Ripple v/s bitcoin:

• While Bitcoin is against the use of a banking system, Ripple is quite the opposite. Rather is more focused on working with the banks to assist them in making more efficient global transfers.
• Bitcoin is an open-source currency supported by a dedicated community of developers. Ripple is owned by a private company which makes available its products and services to banks and other companies.
• The entire coin supply of bitcoin is expected to be mined by 2140. XRP has a maximum supply of 100 billion tokens, and all of them have been created. The XRP supply decreases each time a transaction is made, as a small amount of XRP is destroyed as part of each transaction.
• Bitcoin takes nearly 10 minutes to confirm a transaction, while processing times can extend even more during periods of intense network bottlenecks. Average transaction fees varied anywhere from $0.50 to a brief peak of over $50. XRP, on the other hand, has a transactional cost of less than $0.01 and payments are confirmed in 4 seconds. And while XRP has a network capacity of 1,500 transactions per second, Bitcoin has a maximum of approximately 7 transactions per second.

I will talk about bitcoin's comparison with other altcoins in my succeeding articles

So, please check them too.