Bitcoin Future: Three Options

https://www.express.co.uk/finance/ci...o-USD-XRP-news

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At number one Mr Smith says bitcoin will "triumph" replacing all other fiat currencies as the economy’s "main unit of exchange".

He said: "People buy pizzas, finance their mortgages and pay their rent in bitcoin.



At number two he says that bitcoin becomes like "gold".

Mr Smith says that continuity crumbles on with fiat currency remaining the main unit of exchange everywhere except in a few "extremely dysfunctional economies like Venezuela’s".

However, in this scenario "bitcoin’s market capitalisation remains substantial, and it rises in value over time, occasionally experiencing large bubbles and crashes."



Number three is the worst case scenario when bitcoin goes "bust" and BTC as we know it is "abandoned, crashing relative to the dollar and never being useful as a payment method for daily necessities."

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More including which he sees as more likely at link. We seem to be at #2 currently.

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Originally Posted by MarkKramer

The future of ripple is fairly unexpectable because it is not a usual currency and general rules don't work with it. Nevertheless, the bots like https://cex.io/buy-ripple can perfectly work with cryptos in trading sphere. I used it myself

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Ripple is centralized, decentralized cryptos like bitcoin are highly preferable.

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Originally Posted by dannno

Ripple is centralized, decentralized cryptos like bitcoin are highly preferable.

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Ripple is an interesting Financial services company that shows even the old bank monopolies on moving money can be impacted by crypto.

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Originally Posted by kpitcher

Ripple is an interesting Financial services company that shows even the old bank monopolies on moving money can be impacted by crypto.

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Ya I got some way back in the day as a hedge, I'm not against the endeavor but it is not going to free us from the chains of the central banks like bitcoin will hopefully.