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Replies to #2495 on Ripple (XRPUSD)

KC01905

08/19/18 12:06 PM

#2498 RE: abracky #2495

In what way is it better?!?

WiseYoda

08/19/18 5:48 PM

#2500 RE: abracky #2495

Whatever you say champ! My opinion is based on a utility vs utility basis, and not personal bias, in which XRP out preforms Bitcoin at every step, and since were on the subject you may wanna consider reanalyzing the utility of Bitcoin. Impossible to fully break this down via ihub but there are two longevity concerns worth mentioning. First is the energy problem. On an annual basis Bitcoin is now consuming 60 terawatt hours, which is steadily growing, (https://altcoinbuzz.io/bitcoins-btc-carbon-footprint/). The problem has caused enough concern for the US Senate to now weigh in on the subject, (https://www.coindesk.com/us-senate-to-examine-energy-efficiency-of-blockchain/amp/?__twitter_impression=true). At the current pace the required energy to mine new bitcoin will eventually cost more than what bitcoin is worth. Second concern is the proof of work method used by miners which is jeopardizing the entire decentralization of the bitcoin network, (https://www.ccn.com/bitmains-mining-pools-now-control-nearly-51-percent-of-the-bitcoin-hashrate/). As they say, the proof is in the pudding, or in this case the utility.

XRP (XRP) Could Be Better Than Other Altcoins And Even Than Bitcoin (BTC) - Here's Why | Oracle Times
https://oracletimes.com/xrp-xrp-could-be-better-than-other-altcoins-and-even-than-bitcoin-btc-heres-why/amp/?__twitter_impression=true

Go XRP!