Ripple CEO Rejects Maximalism, Says There's Place for Bitcoin

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Garlinghouse claims that there is place for multiple digital currencies in crypto ecosystem, including Bitcoin

The Ripple boss is optimistic about this development, comparing it to how gold ETFs offer investors exposure to gold without having to physically hold it. and even owning some, Garlinghouse expressed skepticism about Bitcoin transforming the monetary system, due to its limitations, particularly in fees and speed."As much as I'm bullish about Bitcoin," he stated,"I'm not sure I see that transforming the monetary system.

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