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Ripple CEO: Most cryptocurrencies will go to $0 (XRP)

Brad Garlinghouse, Ripple

  • Ripple CEO Brad Garlinghouse, the man behind the hot XRP token, said he expects ‘most’ cryptocurrencies will eventually go to zero.
  • Speaking at the Goldman Sachs Technology and Internet Conference, Garlinghouse said that most coins don’t have a value proposition, and are being traded solely on a speculative basis.
  • He still expects bitcoin, at least, to be around long-term, as a store of value.

SAN FRANCISCO — Ripple CEO Brad Garlinghouse may be the man behind the popular cryptocurrency XRP, but that doesn’t mean he has faith that every single token will survive.

Speaking to an audience of analysts at the Goldman read more >>>

Source:: BusinessInsider.Com

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