- Ben Armstrong narrates the uniqueness of XRP in the crypto space compared to other cryptocurrencies.
- XRP does not try to replace Bitcoin or Ethereum, but rather the Swift system.
- The analyst points out XRP as a “wholesale reserve currency for banks.”
In a recent video, Ben Armstrong, a leading voice in the crypto space, shared his perspectives on the substantial value of XRP. He elaborated on the uniqueness of Ripple’s token compared to the other leading cryptocurrencies, including Bitcoin, Ethereum, Cardano, Solana, BNB, and Dogecoin.
The analyst began his video with a crucial statement, “XRP is different from other coins.” Starting with Bitcoin and Ethereum, he narrated that Bitcoin is considered the “standard for money,” while Ethereum is evolving as a “digital silver.” However, XRP has secured a unique place in the crypto ecosystem with its nuanced utilities.
As a significant point, Armstrong noted that XRP doesn’t try to replace Bitcoin or Ethereum but the “Swift system,” which facilitates the quick transaction of information. While most banks use the Swift system, th…
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