Fostul trezorier american spune că BTC și ETH sunt speculative, susține în schimb XRP

Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison.

Rios Backs Ripple

The former treasurer tweeter her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack a comparable value proposition.

Scopul principal al XRP este facilitarea plăților transfrontaliere, în timp ce altele #Cryptos își găsesc valoarea în speculații. Cea mai recentă mișcare a Chinei aduce acest punct acasă. #Clipoci #ripplenet #Bitcoin

— Rosie Rios (@RosieRios) 26 Septembrie, 2021

Rios’s mention of “China’s latest move” references the country’s recent reminder that digital asset trading has been interzis within their borders. This was the last in a long line of FUD emerging from the Chinese government, on the alleged basis that cryptocurrency is primarily used for money laundering. The announcement, like many before them, caused the crypto markets to temporarily fall.

Rios has supported XRP for months. She alăturat Ripple’s board of directors in May, calling it “one of the best examples of how to use cryptocurrency in a substantive and legitimate role to facilitate payments globally”. She has also lăudat it for its “credibility” in comparison to Bitcoin, which she– like the Chinese– called “the currency of crime on the dark web”.

Dissecting Rios’s Claims

Rios’s recent tweet– which garnered significant attention – is questionable in a number of ways. This includes suggesting that Bitcoin and Ethereum (among other cryptocurrencies) only find value in speculation, which simply isn’t the case.

Bitcoin is now being utilizat as currency in El Salvador and is serving as a digial store of value for many major companies and individuals.

Ethereum este servire the same purpose for other investors including Robert Kiyosaki, and largely supports the growth of the emergent NFT industry, as well as a large part of the entire DeFi ecosystem.

Rios also implies that XRP is special in its ability to facilitate cross-border payments, which isn’t the case in the world of cryptocurrency. In fact, Bitcoin’s implementations of the Lightning Network alongside Twitter’s recent cerere of it are conclusive proof of others that can serve similar purposes.