The idea pitched for Stellar is very feel-good, but there are a number of drawbacks. First of all, the creator is a little sketchy. The way he acted when he bailed on Ripple and set up Stellar was very childish. Second, the non-profit status is questionable. There are a lot of unknown people that stand to gain a lot of money if the currency increases in value. They claim to give away a lot of their currency, but very few people actually claim it, so in the end, the company itself gets to claim it (and set the stage for a profit down the road). They did get IBM to throw their name in to the mix, but even IBM said this was temporary.
I don't know. I just don't get a good feeling from them.
I don't know. I just don't get a good feeling from them.