Ripple has undoubtedly been the talk of the town for past couple of years, although meanwhile it was also surfed that Ripple (XRP) is on its pace to be the Microsoft of the Crypto community, at least what is being perceived from the bold statement made by the CEO of The Blackmore Group and Wealth Chain Group Phillip Nunn.
Although it is considered to be the coin of the crypto arena which is much faster, cheaper, and more convenient than Bitcoin. However, due to numerous reasons, namely the enormous amount of XRP held by the company, others conceive it as a fate of fiasco.
Ripple has been familiar for its wide usability and convenience, though ever since the news of xRapid went viral all across the cryptocurrency news outlets. After that, a significant number of major companies announced to test drive xRapid including IDT, Mercury FX, Currencies Direct, and Cambridge Global Payments.
And this has pushed the CEO of Wealth Chain Phillip Nunn to alter his position in Ripple, taking this thing on Twitter he tweeted:
I’ve never been a supporter of #ripple $xrp
But boy they are making some serious moves. And the fact I have issues with their offering is being put aside for now as they become so important in flying the #crypto #blockchain flag
They will become the Microsoft of #crypto
— Phillip Nunn ? (@PhillipNunnUK) October 2, 2018
Nun further expressed his point of view to the BusinessCloud stating that he finds a similarity between Ripple (XRP) and Microsoft from the past couple of years. And to put some more sense to it, he also added that people also think about Microsoft tech as lousy in front of Apple.
However, the genius of Bill Gates was the fact he was in early and timing was everything. Whilst others were focusing on product development, he was focusing on adoption.
Moreover, he also stated Ripple’s approach to that of Microsoft:
The next wave of crypto is all about adoption: those who crack that will succeed and those who don’t will fail. […] XRP and Ripple are getting into all the banks and positioning themselves.
Besides that, the recent price hike is also a part of the reason why Ripple (XRP) should be arguably considered to be adopted proceeding the launch of xRapid with reaching a monthly high of $0.72, before stabilizing near $0.47 at the time of this writing. Although the market is yet to see a positive influence of xRapid on the price of XRP.
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