Former US Treasurer Says BTC and ETH Are Speculative, Backs XRP Instead

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

XRP’s primary purpose is facilitating cross border payments while other #Cryptos find their value in speculation. China’s latest move brings this point home. #Ripple #ripplenet #Bitcoin
— Rosie Rios (@RosieRios) September 26, 2021

Rios’s mention of “China’s latest move” references the country’s recent reminder that digital asset trading has been banned 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, cause

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Źródło: https://cryptopotato.com/former-us-treasurer-says-btc-and-eth-are-speculative-backs-xrp-instead/

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