Rey Caribean
0 Following
12 Followers
14 Liked
0 Shared
Posts
See original
Main $BTC holders:
1. Satoshi Nakamoto: 1.1M BTC ($114B)
2. Coinbase: 983K BTC ($103B)
3. Binance: 619K BTC ($65B)
4. BlackRock: 600K BTC ($63B)
5. Strategy: 449K BTC ($47B)
6. Fidelity: 346K BTC ($36B)
7. Grayscale: 218K BTC ($23B)
8. U.S. Government: 196K BTC ($20B)
1. Satoshi Nakamoto: 1.1M BTC ($114B)
2. Coinbase: 983K BTC ($103B)
3. Binance: 619K BTC ($65B)
4. BlackRock: 600K BTC ($63B)
5. Strategy: 449K BTC ($47B)
6. Fidelity: 346K BTC ($36B)
7. Grayscale: 218K BTC ($23B)
8. U.S. Government: 196K BTC ($20B)
See original
Ripple's CEO criticizes bitcoin at the IMF and advocates for XRP as the future of payments.
Investing.com – Ripple's CEO, Brad Garlinghouse, harshly criticized bitcoin during a conference organized by the International Monetary Fund (IMF) and the Swiss Central Bank, arguing that XRP is the key to the future of global payment infrastructures. In a video posted on platform X, Garlinghouse stated that bitcoin is unsuitable for international transactions due to its slow validation and high operational costs.
Want 1 year FREE of InvestingPro? Just open an International Nomad Account. Click here to learn more!
Criticism of bitcoin during IMF event
According to Garlinghouse, bitcoin was not designed to meet the needs of the current financial system. He emphasized that XRP offers transfers that are about a thousand times faster and cheaper than bitcoin, while also eliminating the need for pre-funding. This, he claimed, reduces the dependence of banks on "nostro" and "vostro" accounts, used in international foreign exchange operations.
Instant liquidity and new payment infrastructure with XRP
Garlinghouse stated that XRP has the potential to provide real-time liquidity, eliminating delays in cross-border payments. He highlighted that small businesses and freelancers in developing countries face difficulties in receiving payments, and that XRP can solve this issue.
He cited the example of a freelancer in the Philippines who was unable to receive timely payment from a company based in London, illustrating how Ripple's technology enables “instant and low-value” payments. According to him, this could significantly enhance global financial inclusion.
Investing.com – Ripple's CEO, Brad Garlinghouse, harshly criticized bitcoin during a conference organized by the International Monetary Fund (IMF) and the Swiss Central Bank, arguing that XRP is the key to the future of global payment infrastructures. In a video posted on platform X, Garlinghouse stated that bitcoin is unsuitable for international transactions due to its slow validation and high operational costs.
Want 1 year FREE of InvestingPro? Just open an International Nomad Account. Click here to learn more!
Criticism of bitcoin during IMF event
According to Garlinghouse, bitcoin was not designed to meet the needs of the current financial system. He emphasized that XRP offers transfers that are about a thousand times faster and cheaper than bitcoin, while also eliminating the need for pre-funding. This, he claimed, reduces the dependence of banks on "nostro" and "vostro" accounts, used in international foreign exchange operations.
Instant liquidity and new payment infrastructure with XRP
Garlinghouse stated that XRP has the potential to provide real-time liquidity, eliminating delays in cross-border payments. He highlighted that small businesses and freelancers in developing countries face difficulties in receiving payments, and that XRP can solve this issue.
He cited the example of a freelancer in the Philippines who was unable to receive timely payment from a company based in London, illustrating how Ripple's technology enables “instant and low-value” payments. According to him, this could significantly enhance global financial inclusion.
El Salvador has remained defiant on stacking Bitcoin despite renewed pressure from the International Monetary Fund.
Its president, Nayib Bukele, has insisted that the public sector’s Bitcoin purchases would continue. In a Tuesday tweet, he explicitly stated that the 1 BTC per day acquisition is not stopping.
“‘This all stops in April.’ ‘This all stops in June.’ ‘This all stops in December’ No, it’s not stopping,” Bukele
#BTC走势分析 #Riple #biticon #Xrp🔥🔥#xrp
Its president, Nayib Bukele, has insisted that the public sector’s Bitcoin purchases would continue. In a Tuesday tweet, he explicitly stated that the 1 BTC per day acquisition is not stopping.
“‘This all stops in April.’ ‘This all stops in June.’ ‘This all stops in December’ No, it’s not stopping,” Bukele
#BTC走势分析 #Riple #biticon #Xrp🔥🔥#xrp
Crypto scammers stole over 1 million British pounds ($1.2 million) from nine residents in Kent, England, after gaining access to their personal information from a data leak.
Kent Police urged residents to be vigilant against ongoing cryptocurrency fraud attempts. Bad actors accessed the Kent residents’ personal information and misused it to generate fake reports from the United Kingdom’s national reporting center, Action Fraud.
Kent Police urged residents to be vigilant against ongoing cryptocurrency fraud attempts. Bad actors accessed the Kent residents’ personal information and misused it to generate fake reports from the United Kingdom’s national reporting center, Action Fraud.
Login to explore more contents