Peter Brandt Says XRP Transactional Utility Alone Does Not Increase Its Value, Separates XRP From Bitcoin
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BITRSSPeter Brandt Says XRP Transactional Utility Alone Does Not Increase Its Value, Separates XRP From Bitcoin
Peter Brandt distinguishes XRP from Bitcoin, acknowledging XRP’s low-cost transactional utility while questioning whether that use alone justifies a higher market valuation. Veteran trader Peter Brandt has reiterated his skeptical view of XRP while acknowledging that the crypto can be used effectively and cheaply for transactions.Visit Website
Senior trader Peter Brandt stated that he maintains his long-standing skeptical approach towards XRP, adding that developments in the Ripple ecosystem and collaborations with banks have not changed his view. Brandt argued that a fundamental distinction should be made between Bitcoin and XRP. Describing Bitcoin primarily as a "store of value," the experienced trader characterized XRP as a transaction and usage-oriented cryptocurrency. [...] Sourc…
Why Peter Brandt Still Won't Call XRP An Investment: 'Useful Doesn't Mean Valuable'
The post Why Peter Brandt Still Won’t Call XRP An Investment: ‘Useful Doesn’t Mean Valuable’ appeared first on Coinpedia Fintech News Veteran trader Peter Brandt is standing firm on his long-held skepticism about XRP, even as the token racks up bank partnerships around the world, and his argument comes down to one basic question nobody’s answered yet. Asked whether growing institutional partnerships have shifted his long-standing view of XRP, ve…
Why Peter Brandt Still Won’t Call XRP An Investment: ‘Useful Doesn’t Mean Valuable’
The post Why Peter Brandt Still Won’t Call XRP An Investment: ‘Useful Doesn’t Mean Valuable’ appeared first on Coinpedia Fintech News Veteran trader Peter Brandt is standing firm on his long-held skepticism about XRP, even as the token racks up bank partnerships around the world, and his argument...
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