Crypto

Coinfield CEO Claims Ripple’s XRP is Better than Ethereum

Everyone in the cryptocurrency industry is entitled to their own opinion. Even when they claim how Ripple’s XRP is better than Ethereum in many different ways.

This rather unusual statement was uttered by Coinfield CEO Bob Ras during an interview not that long ago.

XRP is Very Different From Ethereum

He clearly stated how “XRP is better than Ethereum”, for a wide variety of reasons.

This statement is not entirely surprising, considering how Coinfield is offering some services to the XRP network at this time.

Furthermore, Ras has uttered a very similar statement in the past, albeit on an even bigger scale.

In that statement. Bob Ras claims how Ripple’s XRP will become the global reserve currency in the not so distant future. 

One does have to wonder if it is a smart idea for the CEO of Coinfield to publicly ally himself with just one project in this industry.

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It is true Ripple and XRP have seen significant growth over the past few years.

The use of Ripple’s technology in money transfer corridors around the world has been well-documented.

It is fairly obvious statements like these will draw both support and flack from cryptocurrency enthusiasts around the world.

In fact, many people have taken an openly hostile stance toward Ripple, XRP, and everything they stand for in this day and age.

That is primarily due to Ripple building infrastructure for the financial industry, rather than trying to replace it altogether. 

In the end, it makes no sense to compare XRP to Ethereum as both are different ecosystems tackling completely different use cases.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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