Well, I ain’t “the Dogelord” but my take is XRP is corporate derived, corporate sponsored project with too much power in their hands to control what others can do with XRP.
Stellar Lumens is a spinoff/fork of XRP that is open source, less corporate tied, although it’s got some big backers like IBM and seems to be outperforming XRP on technical merits even though XRP has deeper market penetration.
Both are trying to bank the unbanked, but differ in their approach and philosophies. Ripple is growing it’s adoption through the old money system. XLM is growing their adoption largely outside that realm.
Decentralized nature is important here…and here’s why:
Many view Stellar as a more decentralized network which then makes it possible for it to work around the constraints of traditional banking.
On the flipside, Ripple is seen to be quite centralized and aims at working closely and more specifically with banks. It has been accused of being profit-based and has attracted a couple of class action suits this year.
That’s a key differentiator in my book. Sure, if a project can work within banking infrastructure and it grows the adoption rate and facilitates moving funds around, then more power to it. But when it’s exclusively in the old world banking infrastructure, then it’s severely limiting the scope of where it can grow. That, IMHO, makes Stellar the project I’d rather invest in than in Ripple. Ripple limits itself in this way, Stellar does not and the door is wide open for them to go into the banking infrastructure as well. It’s not just ideology for ideology’s sake in this case. XLM has a much broader scope and flexibility in where they can go compared to Ripple and that’s just plain smart from a business perspective.