According to the CEO of the Ripple crypto company, Brad Garlinghouse, XRP token and bitcoin cannot be compared. The businessman expressed his position in an interview with the successful publication Fortune.
He stressed that the two above-mentioned digital currencies have entirely different goals in the market. In parallel, the CEO of Ripple finally recognized the potential of BTC and even wished it a success. Although earlier, Garlinghouse periodically criticized bitcoin.
The head of Ripple during his speech also commented on the November rally in BTC, which is now trading above $ 18,600. Bitcoin, according to Garlinghouse, is excellent for protecting capital from inflation. However, if we consider the cryptocurrency in terms of the speed and cost of processing transactions, then the XRP token is the best option.
Regarding the topic of crypto regulation, Garlinghouse pointed out the tough position of the American authorities in this direction.
That is why his company has already begun to consider options for changing its jurisdiction. Shortly, the headquarters of the Ripple team may move to Japan or Singapore.