Although many bash San Francisco-based Ripple for supposedly plotting to kill Bitcoin (BTC), with Wall Street and financial incumbents no less, the firm’s C-suite head recently doubled-down on his love for the cryptocurrency. In fact, the crypto-centric financial technology upstart’s head refuted sentiment that BTC could capitulate to zero, citing its inherent value and expansive ecosystem.
While many still debate if the chicken or the egg came first, it is widely understood that Bitcoin came before blockchain. However, attendees of Davos, Switzerland’s recent World Economic Forum convention have stuck to the “blockchain, not crypto” script, bashing digital assets with a religious fervor. As NewsBTC’s Joseph Young recently put it, that’s like saying “airplanes will go to zero while engines have potential.”