During the interview at the 2018 Stifel Cross Sector Insight Conference in Boston, Rippe CEO, Brad Garlinghouse, claims that Bitcoin is actually mined by a few miners in China, reported TheStreet, an American financial news, and services website, on 12th June. He said that:
Garlinghouse is actually taking advantage of the recent Bitcoin fiasco and is undermining a few cryptocurrencies, taking the opportunity to outshine. Earlier last week, he even spoke out about Bitcoin saying that Bitcoin is not going to last longer and is most likely not going to be the "future digital currency" as they all say. On June 5th, Garlinghouse told the CNBC news that:
Ripple might have a higher place in the future due to its fast transaction rate. It takes 42 minutes for the BTC (Bitcoin) transaction while only 4 seconds for the XRP (Ripple) transaction. Furthermore, XRP is being used to transfer payments worldwide as it is more convenient being a smaller currency. Its current value is only $0.70, with its highest being $3.30, but as slow and steady wins the race, Ripple has promised its investors a brighter future. Garlinghouse had also previously spoken up about the fact that all cryptocurrencies hold a position in the future, it's just not only going to be Bitcoin.
Garlinghouse also says that the crypto market is actually influenced by the fluctuations in Bitcoin, which would soon come to an end as soon as people start to realize the difference between the assets |
0 Comments
FOLLOW US ON FACEBOOK: https://www.facebook.com/unitechsity
Emoji:::. .:::
:::. .:::
Share or Like this Post - if you Find it Informative and Cool…
Thanks. Never miss any of my future post
CLICK HERE TO SUBSCRIBE
http://feedburner.google.com/fb/a/mailverify?uri=unitechsity
Once entered, you will have to check your inbox for a confirmation email containing a confirmation link. Once you VERIFY your email by clicking on the confirmation link in the message, you will never miss any future articles.
.