This year has been quite anomalous in many ways, so perhaps it shouldn't come as a surprise that crypto has been encountering its own issues. Although the price of Bitcoin (BTC) has shot up over the past month or so, other forms of crypto have struggled to gain somewhat of a foothold within the traditional banking community. For a long time now, it has been assumed that Ripple (XRP) would become the currency most easily adopted by traditional banking institutions. However, this hasn't necessarily been the case. For many in the crypto community, the question is why.

David Schwartz, the CTO of Ripple, has recently taken to Twitter to address some of the issues and obstacles that the currency faces as it attempts to rise to the top. Initially, it seemed as if the currency would be easy to send internationally, which was why many have chosen to put the coin in their crypto wallets. In an effort to remain transparent, Schwartz answered questions from XRP enthusiasts on the popular social networking platform.

These days, it seems, the regulatory uncertainty in the ether has had a tangible impact upon Ripple's ability to gain traction with those banks that it so desperately needs to get started in earnest. Schwartz also cited the fact that many traditional financial institutions fear negative reactions from their own investors and partners. In a world that seems increasingly uncertain, it may be that Ripple simply picked a bad time to launch. The more that investment strategists learn about Ripple, the more likely it will be that they'll express interest in incorporating the altcoin into clients' portfolios. At the time, however, it seems like this may be far in the future. And with Ripple down 90% from its all-time high, it may take a while for crypto enthusiasts to add more XRP to their bags.