WHY XRP WILL TOP BELEAGUERED BITCOIN

[PRIBO247]

A key member of the crypto community says she does not
believe Bitcoin has bottomed out in value yet.
Ann-Kristin Iversen is a real estate investor and developer and
also an investor in Ripple’s XRP. She believes that currency’s
real-world use-cases allow it to better withstand the volatility of
changing market speculation.
The value of a Bitcoin has gone from $9,500 to $3,700 in 12
months and peaked at almost $20,000 in January.

The battle over the future of Bitcoin Cash, which split off from
BTC last year, has hit the market hard in recent weeks: the
fourth-largest cryptocurrency effectively forked into two different
currencies when two software #DevelopmentTeam s failed to agree
on the most appropriate way to update its code.

“I think Bitcoin is in trouble – and I don’t think we have seen the
bottom yet,” Iversen said. “Seeing how the egos of a few men
can practically tank the market is frightening!

“In my opinion, BTC’s claim to complete decentralisation is a
myth… and the [environmental] cost of its POW (proof of work)
on the environment and the large mining pools located in China
is troublesome.”

In contrast, XRP was worth 24 cents a year ago and was as high
as 52 cents this month – a doubling in value in 12 months –
although it has fallen back to 35 cents at the time of writing.
It reached a peak of almost three and a half dollars in early
January before settling back as the crypto bubble deflated.

“XRP is faster and cheaper than other mainstream cryptos – and
it has real-world use-cases. As the current market is showing
us, pure speculation is not enough,” Iversen said.

“One of the key elements of Ripple’s success is the fact that they
are focused on one main use-case: cross-border payments for
financial institutions and banks. That has allowed them to build
a product that is a vast improvement on the current system."

“Where other cryptos are shunning banks, these are the
customer base for Ripple."

 RippleNet is now connecting major banks around the world and they are signing up new partners every week.

“When it comes to crypto, adoption is what gives value. It will
take time – but due to great timing, they are already way ahead
of the others.”

Source : https://www.businesscloud.co.uk/news