Bitcoin will lose its former relevance soon - the head of Ripple
Head of the Ripple platform, Brad Garlinghouse, is confident that soon bitcoin as a technology will lose its relevance.
He stated this at the Code Conference 2018 in California.
"People are talking about using bitcoins when buying coffee. But the average bitcoin transaction can take up to 20 minutes, and the cost of the transaction will raise the price of your coffee in half. Once we can find out that bitcoin has become like Napster (file sharing, which was closed due to legal problems - ed.) In the digital assets market," - ...
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