04 Jan Ripple’s XRP May Get Serious Rival – Utility Settlement Coin by UBS: Mati Greenspan
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Mati Greenspan, the founder of Quantum Economics, has been recently heated disputation on Twitter with the XRP army. First, he shared that he had found two major issues with the XRP token and its price, then he suggested a scenario in which the central bank of each country has its own digital currency (CBDC).
Imagine a world where Europe, China, and 50 other central banks have their own digital currency that settle international payments in real time & have smart contract capabilities.
Now try and think of a reason that any bank would prefer to hold non-digital USD in their reserves.
— Mati Greenspan [tweets are not trading advice] (@MatiGreenspan) January 2, 2020
The XRP community immediately started ‘preaching’ about XRP. Mati Greenspan has responded by dedicating a daily newsletter to this issue and outlining the problems XRP may face in the short term.
Hot from the press. Today’s QE Newsletter tackles…
-US Airstrike on #Iran moving $BTC
-The idea of $XRP as…
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