Since this week XRP has soared , you can try to study some theories that indicate that XRP is the next BTC. Now we need to determine what is meant by this slogan, it is unlikely that Ripple will be the next bitcoin for value or for use, but we can assume that Ripple can become the next cultural icon, as people just get tired of BTC.
Bitcoin, as we know, was the original crypto currency. It was developed using a new, at that time, blocking technology, bitcoin promised to change the financial world and give people control over their finances. Culturally, bitcoin is an icon, a symbol of change and a movement led by a community of people who believe that one day a digital currency will get what it seeks.
Due to the decentralization of BTC, financial institutions can not cooperate with it and, as a rule, bitcoin can not really adapt to the future beyond its present coverage. Of course, modernization can be made, and the technology can be improved, but in a world that seeks clarity, the BTC can cope with the last obstacle, creating the prerequisites for the flag of leadership to catch the other's crypto currency.
Many believe that XRP can intercept the baton in the baton and will be the next leader in the race.
Why do they believe this?
The key aspect in this matter is centralization. XRP, owned by Ripple, is part of the project with a clear set of rules and recommendations. Ultimately, the company is responsible for XRP, and thus the token has a chance that it will be accepted by the financial companies. Ripple is responsible for ensuring that their asset is working, and it is possible that society likes it.
Working with regulators and supporting well-known brands and companies, Ripple can become the next asset that will be on the lips in terms of adopting digital currencies. Bitcoin will always be heard, but it can be assumed that the technology will not improve, the BTC can be left in the underground, hidden from the mainstream.
Leave your opinion on this matter in the comments.
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