Hello, community! 🚀 Have you wondered why XRP and Bitcoin are so different? An important CEO (Sal Gilbertie from Teucrium) just dropped a bomb: "XRP is more useful than Bitcoin in global payments." Is it true?
💎 Bitcoin: The "Digital Gold" (but not for sending money)
We all know Bitcoin is the king of cryptos, but did you know it's not ideal for international payments? Gilbertie explains it:
- Store value: Like gold, it serves to save for the long term.
- Problems: Slow transactions (10-30 minutes) and high fees (up to $50 during peak hours!).
🌐 XRP: The Fast Messenger of Ripple
Meanwhile, XRP is focused on solving a real problem: fast and cheap cross-border payments. How?
- Speed: Transactions in 3-5 seconds (yes, like a WhatsApp!).
- Cost: Fees of less than $0.001 per transaction.
- Allies: Banks and companies like Santander use it to move millions in seconds.
🥊 XRP vs. Bitcoin: Why Does This Matter?
Gilbertie summarizes it like this:
- Bitcoin = Store of value (like buying digital gold).
- XRP = Practical tool (like using PayPal 2.0).
Example: If you want to send $10,000 to Mexico:
- With Bitcoin: You would pay ~$30 and wait 1 hour.
- With XRP: You would pay ~$0.001 and it would arrive in 5 seconds.
⚠️ Note: This does not mean that XRP is "better". They are different uses. Bitcoin is still the king!
📈 And Binance in All This?
- To trade: Both are on Binance. Bitcoin is more volatile (opportunities!), XRP is stable (but with strong rallies).
- To use: If you want to try fast payments, XRP is a good option (although it still lacks mass adoption).
💡 Tip:
If you are new, study both cases in Binance Academy. They explain how the networks of each work.
It will depend on your goal:
- Long-term investment? Bitcoin has a track record.
- Real utility? XRP is unbeatable in payments.
🚨 Remember: This is not financial advice. Always do your own research.