
XRP Price Up after RippleNet General Manager Says Bitcoin Maximalism Is Over
Despite RippleNet general manager’s belief that Bitcoin maximalism is over, the king coin has been pulling in continuous jump.
Despite RippleNet general manager’s belief that Bitcoin maximalism is over, the king coin has been pulling in continuous jump.
The American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall” where he said Ripple’s XRP is not a security urging lawmakers to make policies that support growth in the blockchain and cryptocurrency sectors.
Ripple CEO stated that the crypto industry will see some consolidation within the companies, meaning that many of them will probably disappear from the map.
XRP is heading down for two days in a row, trading at $0.4812 on Thursday July 19
According to the senior vice president of product at Ripple, the biggest risk that this California-based start-up faces today is regulation.
Ripple has developed a number of solutions that can reduce the costs of international money transfers, but the company has to face some obstacles on the way to the massive adoption of its technology.