Better Buy: XRP (Ripple) vs. Bitcoin
Between Bitcoin and XRP, the simpler bet wins: Bitcoin's case rests on a hard-coded 21 million coin cap, while XRP's depends on Ripple converting business growth into token demand -- and Ripple's own numbers show that isn't happening.
Overview
Bitcoin (CRYPTO: BTC) is the better buy than XRP (CRYPTO: XRP), in my view. XRP has real utility and a far stronger case than many cryptocurrencies, but Bitcoin's value proposition is clearer and less dependent on one company turning product growth into lasting demand for its token.
Now, admittedly, this is not the same as comparing two stocks, and valuing crypto is extremely subjective. There aren't really fundamentals to work from. At the end of the day -- much more so than stocks -- narrative is what matters.
Details
The bull case for XRP deserves to be taken seriously. Sending money across the globe can be a headache -- an expensive one. High fees and delays are commonplace -- whether you're an individual or a major financial institution. The reality is that much of the technology that underpins the modern banking system is outdated and inefficient.
Source
Originally published at www.fool.com.