No it’s not. It’s a store of value, digital gold. It can’t support massive transactions by people, companies, countries, governments with the speed and low cost required to be liquid. $xrp is meant to be currency, it’s mean to do that. $btc started out as peer to peer transfers but it’s not meant to be that. So the 2 are totally different and not competing. I want a SBR, but I also want freedom to send money anywhere anytime, fast, cheap, and because $xrp is a US company I am more confident in the crypto laws to come here than elsewhere in the world. I’ll save in #bitcoin but I’ll transact in #xrp.
#xrp #btc