why would the banks go for it? Surely, they will go with Ripple because it delivers exactly what they desire.
I thought that the banks desired "profits"
you know...money $$$$
What is it that
you thought that they desired?
I'm just wondering why would banks or other big entities go for this over Ripple. Not to mention Ripple is already known and already has deals with some big banks
Because IDentabit has a larger network of users and gives banks a percentage of the transaction costs generated by their own business. Did you forget about the referral incentives already?
DPOS is profitable not only for the chain owners but for the
businesses that use it.
Ripple takes all profits. DPOS shares them with the big banks. Why? Because the blockchain tech is so brutally disintermediating (takes profits from so many middlemen) that the profits can be shared (redistributed) among more of the new players than just the miners or coin owners. DPOS shares "Satoshi's disintermediating money" with all participants.
So you thought that the banks would be happy working "for" Ripple instead of obtaining a significant "ownership" stake in this new technology. Silly you...
In a nutshell: DPOS is nore generous with it's profits than Ripple is.
and if you think that banks are more concerned with anything other than "making cash money" as their top priority, then I don't know what to tell you. Ever hear the phrase "follow the money"?
How soon we forget what motivates ($$$)