#XRP
Ripple CEO, Brad Garlinghouse, often expresses opinions that generally dismiss Bitcoin (BTC), especially in comparison to XRP, Ripple's cryptocurrency.
Elaboration:
Preference for XRP:
Garlinghouse strongly advocates for XRP as a more suitable asset for global payments due to its speed, scalability, and efficiency.
Criticism of Bitcoin:
He argues that Bitcoin was not designed to meet the needs of the current financial system and that transfers in XRP are much faster and cheaper.
View of XRP as a solution:
The Ripple CEO sees XRP as a more viable alternative for the future of global payments, highlighting its ability to eliminate the need for pre-funding and facilitate international transactions.
Reaffirmation of XRP's utility:
On several occasions, Garlinghouse emphasizes the utility of XRP in the real world, highlighting its strength in global payments and its ability to provide fast and efficient payment solutions.
Example of disdain:
In a public statement during an IMF event, Garlinghouse highlighted that XRP offers transfers about 1000 times faster and cheaper than Bitcoin.
In summary: The position of Ripple CEO, Brad Garlinghouse, is that XRP is a more efficient and suitable alternative for global payments than Bitcoin, and he frequently expresses his criticisms regarding the speed and transaction costs of BTC.
