29 Jul Ripple (XRP) Has A Better Technology Than Bitcoin (BTC), Says Ripple Exec – XRP Is Expec…
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Ripple Chief Market Strategist Cory Johnson had an interview with Fox Business in which he claimed that Ripple’s XRP token uses a better technology compared to the one of Bitcoin and XRP will also have greater value over time, while BTC is breaking down.
Johnson claims that compared to other cryptos, Ripple moves very fast and it has really low transaction costs.
All these make it a technology which allows businesses to move money across borders efficiently.
He also mentioned that because XRP is pre-mined, it is not limited by the massive costs of electricity and the availability of affordable mining equipment which limit other cryptos.
XRP’s price does not depend on Bitcoin
The truth is that Ripple did remain stable through Bitcoin’s recent surges after the speculation on the development of an ETF and the hit that it took from the SEC after they rejected the proposal.
XRP might be a less attractive coin for people speculating and investing for…
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