Last year, El Salvador made BTC legal tender, and today Mexico is considering doing the same.
If you want returns similar to Bitcoin in its early days, you’ll have to look into alt-coins.
In this article I will explore the arguments for investing in XRP and Bitcoin side by side, so you can decide which one is right for you.
XRP’s main advantage over Bitcoin is its fast blockchain, and the payment network built on it.
BTC itself does not, because the BTC in circulation are collectively valued at nearly a trillion dollars–the amount of buying needed to get appreciable gains at such a market cap is enormous.
Today it enjoys legal tender status in one country, and more are likely to adopt it in the future.
Me personally, I have a slight preference for XRP because of its increasing adoption by the banking industry, but Bitcoin has many real-world use cases too.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor.