Maybe I wasn&#x27;t clear enough. I&#x27;m not making any technical claims about what portion of nodes or miners need to collude to compromise Nakamoto consensus. I&#x27;m also not arguing that Ripple is superior to bitcoin or vice-versa. I&#x27;m arguing that the bitcoin protocol without the Nakamoto consensus is not an improvement over conventional clearing technology, and at least in terms of its claimed features is not much different from ripple consensus -- ie, the federated open source protocol, not the Ripple network that requires XRP and is maintained by Ripple Labs or whatever they are calling themselves these days.<p>Yes I do hold XRP, Bitcoin, and a number of other digital assets, which is consistent with my view that they could become valuable in the future. That doesn&#x27;t mean I think banks should adopt these protocols to transfer conventional assets. But when I read a press release talking about &quot;blockchain technology&quot; I assume the author either does not understand bitcoin or else is making a wrong prediction about the future.