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XRP is ‘Better Version of Bitcoin,’ Says Ripple Co‑Founder Chris Larsen
Ripple co-founder Chris Larsen recently shared his thoughts on the cryptocurrency market and his company’s flagship token, XRP. In a recent podcast interview, Larsen revealed that XRP was designed to be a better version of Bitcoin.
According to Larsen, he worked with a group of “really, really smart people” to build a digital currency that is faster, more efficient, and less energy-consuming than Bitcoin. While he praised Bitcoin’s conservative foundation, he felt XRP could improve upon its limitations without sacrificing its core values.
Larsen did not hold back when criticizing rival projects, stating that constant changes, airdrops, and burn events make a project look unstable. He emphasized the importance of predictability in a successful currency.
On the other hand, Larsen praised the XRP community for sticking with the project through thick and thin, likening their loyalty to that of Bitcoin supporters. However, he seemed less confident in the Ethereum community’s long-term commitment, questioning whether it would demonstrate similar resilience.
Larsen also expressed concerns about the current environment for companies looking to go public in the United States. He called the process “very bureaucratic” and warned about the influence of short-sellers who spread misinformation to drive down stock prices.
Interestingly, Larsen hinted at a bullish turn in XRP’s price if XRP ETFs are approved this year. With Bitcoin reaching unsustainable levels, investors may look for alternative options like XRP to mitigate risk factors.
Larsen’s comments further solidify XRP as a purpose-built, sustainable alternative to Bitcoin, backed by a loyal community and designed for the long haul.
Source: coinpedia.org
