Ripple head is long on Bitcoin: The freedom of speech ECHO

Brad Garlinghouse is a Bitcoin Fan. At least, when it comes to its quality as a store of Value. The Bitcoin-tie man Tim Draper considers himself a Bitcoin rate of 250,000 for conservative, while Vitalik Buterin for caution in DeFi-warns Investments. The expression ECHO

By Christopher clover
16. September 2019BTC$10.155,32 -1.19%part Facebook Twitter LinkedIn xing mail

Tim Draper is holding a Bitcoin price of $ 250,000 for a conservative estimate, while Ripple's CEO, Brad garlinghouse turns out to be the long-term BTC-COP. Ethereum founder Vitalik Buterin calls, however, for caution in DeFi-Investments. The freedom of speech to ECHO.

Garlinghouse: Ripple-CEO is defending himself against allegations of manipulation and praises Bitcoin as a store of Value

Brad Garlinghouse is defending itself against accusations that Ripple manipulate the XRP price. Compared to the American news channel CNN, the Ripple Boss stressed that his company was able to do this:

Ripple can't control the XRP price as the whales, the Bitcoin rate. Just markets that have a lower market capitalization [ ... ], run the risk of having people manipulate you. But we are talking of XRP Trades in a size on the order of one billion US dollars per day [...]. So I don't think anyone is in a position to manipulate these courses really.

parts of the XRP Army under the Ripple, the XRP to keep rates low. Garlinghouse pointed out that the XRP deposits of Ripple, especially in Escrow [escrow]Wallets that the company have no direct access:

Yes, Ripple has a lot of XRP. We are very interested in the success of XRP. But with regard to the accusations for XRP Dumping: we're not interested in. We are clearly interested in a healthy, successful Ecosystem. And so we would never do that and, de facto, have taken steps to lock up the largest part of the XRP that we have in Escrow. Basically, we can't touch you.

Not afraid of XRP-Forks

Those XRP-holder, the flirt of the group, XRP Dumping bodies, meanwhile, with the Option of XRP a Hard Fork to pull. Compared to CNN garlinghouse is also on the move. He argues that it is in principle possible to use the open source Code of XRP, in order to launch its own XRP Version. However, the history of the Bitcoin Forks have shown that Forks lose compared to the Original tend to be of importance:

You have seen how Bitcoin has been several times forked. You now have Bitcoin Cash, BSV, Bitcoin Diamond, I can't call them all. There are four or five Forks of the Bitcoin Blockchain. Bitcoin is still the most important. In the same way people can fork [also] XRP [ ... ].

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Garlinghouse has not in the wrong; while the price of Bitcoin was stable, could not prevail with all his Forks.

in fact, garlinghouse thinks the world of Bitcoin. However, his Bitcoin enthusiasm is limited to its function as a store of Value.

I go long in Bitcoin. Bitcoin has a real Usefulness as a store of Value – it's digital Gold. Because the confirmation of a Bitcoin transaction takes an average of 12 minutes and a transaction cost of about one US Dollar, is that for a payment solution is not optimal. When it comes to payment transactions, is XRP in a unique position,

so, garling house. Otherwise Of a Bitcoin said:-price is for garling house of the of the digital gold Ripples XRP should, however, establish itself as a payment system.

A transcript of the interview is here:

CNN's Julia Chatterley interviews CEO Brad Garlinghouse on Ripple and XRP

watch This Video on YouTube.Tim Draper: the Bitcoin price at the $ 250,000 – a conservative!

the man with The Bitcoin-tie can't leave it. In an Interview with BlockTV the billion-dollar Bitcoin Fan made his Image as a Perma-bull, once again, all the honour:

I've hit the nail on the head, as I had said the Bitcoin exchange rate of US $ 10,000 or three years in advance, advance [...]. A Bitcoin price of $ 250,000 means that Bitcoin would have a market share of about five percent in the world of currencies. I think you underestimate the Power of Bitcoin,

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so Draper to BlockTV.

Vitalik Buterin: beware of DeFi-Investments

Dezentralized Finance – in brief: DeFi – is discovered, a Use Case, the Ethereum reinforced for themselves. The decentralization of traditional financial services could make a credit or investment offers is also accessible to those who otherwise have no access to banking services (keyword: "Bank the unbanked"). The Ethereum co-founder Vitalik Buterin has warned at a conference in Israel, however, investment in the still-young sector:

[DeFi-projects] are new, they are untested, you have to risk broken, and we should not encourage people to invest their money in these things [...],

so Buterin at the event EtherealTLV.

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