TradingView analyst: BTC and XRP are not perfect cryptocurrencies at the moment

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Topics: Bitcoin, ripple

According to U.Today, Jacob Canfield, a well-known analyst at TradingView, said that XRP and BTC can be perfect cryptocurrencies, but they are not perfect at the moment. He pointed out that a perfect cryptocurrency must have three key aspects: security, scalability, and decentralization. In his view, both BTC and XRP lack a key aspect. He believes that BTC has good storage value, and XRP can be used as a medium for exchange. But XRP lacks decentralization, which makes encryption secure and uncheckable. As for BTC, it lacks scalability.

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Topics: Bitcoin, ripple
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