Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, May 19
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Pundit Believes XRP Could Eclipse Bitcoin Soon for These Reasons ⋆ ZyCrypto
    Bitcoin

    Pundit Believes XRP Could Eclipse Bitcoin Soon for These Reasons ⋆ ZyCrypto

    October 28, 20243 Mins Read


    XRP Explosion In The Cards As Ripple Renews Optimism in the U.S. Market With Latest Acquisition

    Advertisement

    &nbsp

    &nbsp

    Former Ripple executive and crypto enthusiast Matt Hamilton has suggested that XRP may soon outpace Bitcoin as the leading cryptocurrency. 

    Speaking during a recent episode of the “Mr. M Podcast” on YouTube, Hamilton engaged in a spirited debate with longtime Bitcoin advocate Davinci Jeremie regarding the future of these two prominent digital currencies. As a staunch supporter of XRP, Hamilton highlighted several key advantages that he believes position XRP for greater success compared to Bitcoin.

    “XRP was developed to solve some of the issues faced by Bitcoin, particularly regarding scalability and energy usage,” he stated. He pointed out that the XRP Ledger allows for faster transaction times and a higher volume of transactions per second, making it more practical for everyday use. 

    “While Bitcoin can handle only a limited number of transactions at a time, XRP’s infrastructure is designed for high throughput, making it ideal for financial institutions and payment providers,” he added.

    On the other hand, Davinci Jeremie, an expert who accurately predicted Bitcoin’s early success, countered Hamilton’s argument by emphasizing Bitcoin’s decentralized nature and resistance to censorship. He argued that Bitcoin offers a monetary system that remains impervious to manipulation by governments or banks, a fundamental aspect crucial for achieving financial sovereignty.

    AdvertisementFollow ZyCrypto On Google News

    &nbsp

    Jeremie further highlighted Bitcoin’s decentralized nature and the security that comes from its proof-of-work consensus mechanism. “With Bitcoin, you can be confident that no one can change the rules of the game without the consensus of the majority,” he asserted.

    Hamilton countered these points by stating that while Bitcoin has established itself as a digital gold, it struggles with practical use cases. “Bitcoin is primarily seen as a store of value, but it lacks the transactional capabilities that XRP offers,” he said. He also noted that Bitcoin’s transaction fees are rising, making it less accessible for everyday users. “As the mining rewards decrease, transaction fees will inevitably go up, which could alienate smaller users,” the pundit warned.

    Notably, the discussion also touched on the role of banks in the cryptocurrency landscape. Jeremie expressed concerns that XRP’s ties to banks could undermine its decentralized ethos. “XRP is designed to facilitate transactions for banks, which may lead to a system that is just as oppressive as the traditional banking system,” he claimed. Hamilton responded by asserting that XRP operates independently of banks and aims to provide a decentralized solution for cross-border payments.

    That said, while both pundits presented compelling arguments for their respective cryptocurrencies, the debate over which digital asset will ultimately prevail remains open, with more crypto networks, like Cardano and Chainlink also eyeing for their slice of the global monetary pie.




    Ads by Cointraffic



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy – BNN Bloomberg
    Next Article Ford stock falls despite Q3 sales beat, as it guides to lower end of 2024 profit forecast

    Related Posts

    Bitcoin

    Le bitcoin sous pression après la dégradation de la note des Etats-Unis par Moody’s

    May 19, 2025
    Bitcoin

    Beat Holdings acquiert une participation supplémentaire dans iShares Bitcoin Trust

    May 19, 2025
    Bitcoin

    L’entrepreneur milliardaire Tim Draper partage sa dernière interprétation de Bitcoin

    May 19, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    Télécharger Glary Utilities – CNET France

    August 16, 2020

    Glary Utilities à télécharger – ZDNet

    April 4, 2022
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Utilities

    Essential Utilities Declares June 2025 Dividend

    February 19, 2025
    Finance

    B. Riley Financial Collapses 52% Today, -91% in 2.5 Years since Peak Consensual Hallucination

    August 12, 2024
    Bitcoin

    GameStop : La valeur du jour à Wall Street – GameStop se lance dans l’investissement en bitcoin

    March 26, 2025
    What's Hot

    Downtown Laredo business owners protest utility and garbage fees

    July 12, 2024

    Sembcorp, Aster sign over S$650 million in energy and utilities deals for regional projects

    May 9, 2025

    China continues to strengthen IPR protection

    April 23, 2025
    Most Popular

    PUC cuts water rate increase in half

    July 12, 2024

    China’s property market faces continued decline with investment down 10.1% in 2024

    October 30, 2024

    Paddington producer targets £6.7bn listing in boost for London stock market

    October 21, 2024
    Editor's Picks

    Poseidon Nickel gold exploration highlights greenfields potential for multiple commodities

    July 30, 2024

    What economic potential does China’s new wave of technological innovation hold?

    February 20, 2025

    Mayor: Ex-Playboy hotel property sold

    July 14, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.