Hello, community! 🚀 Have you wondered why XRP and Bitcoin are so different? An important CEO (Sal Gilbertie from Teucrium) just dropped a bomb: "XRP is more useful than Bitcoin for global payments." Is it true?
💎 Bitcoin: The "Digital Gold" (but not for sending money)
We all know that Bitcoin is the king of cryptos, but did you know that it is not ideal for international payments? Gilbertie explains it:
- Stores value: Like gold, it serves to save in the long term.
- Problems: Slow transactions (10-30 minutes) and high fees (up to $50 during peak hours!).
🌐 XRP: The Fast Messenger of Ripple
Meanwhile, XRP is focused on solving a real problem: fast and cheap cross-border payments. How?
- Speed: Transactions in 3-5 seconds (yes, like a WhatsApp!).
- Cost: Fees of less than $0.001 per transaction.
- Allies: Banks and companies like Santander use it to move millions in seconds.
🥊 XRP vs. Bitcoin: Why Does This Matter?
Gilbertie summarizes it this way:
- Bitcoin = Store of value (like buying digital gold).
- XRP = Practical tool (like using PayPal 2.0).
Example: If you want to send $10,000 to Mexico:
- With Bitcoin: You would pay ~$30 and wait 1 hour.
- With XRP: You would pay ~$0.001 and it would arrive in 5 seconds.
⚠️ Note: This does not mean that XRP is "better". They are different uses. Bitcoin is still the king!
📈 And Binance in all this?
- To trade: Both are on Binance. Bitcoin is more volatile (opportunities!), XRP is stable (but with strong rallies).
- To use: If you want to try fast payments, XRP is a good option (although mass adoption is still pending).
💡 Tip:
If you're new, study both cases on Binance Academy. They explain how the networks of each one work.
It will depend on your goal:
- Long-term investment? Bitcoin has a track record.
- Real utility? XRP is unbeatable in payments.
🚨 Remember: This is not financial advice. Always do your own research.