Bitcoin Tribalism Holds the Entire Crypto Market Back Says Ripple CEO
Investors should not be bitcoin maximalists but diversify with other assets as “all boats can rise,” opined Brad Garlinghouse.
Brad Garlinghouse – Chief Executive Officer of Ripple – believes that maximalism towards bitcoin and other digital assets is not healthy for the cryptocurrency industry. Nonetheless, he admitted owning BTC and ETH.
‘Tribalism’ Around Bitcoin is Bad for the Sector
Being an industry-starter and the largest digital asset by market capitalization has earned BTC countless individual fans throughout the years, while well-known corporations and even a country (El Salvador) embraced the asset as an official payment method.
Read Also: Ripple CTO Slams Elon Musk, Exposing Allegedly Real Reason for Twitter Takeover
However, putting bitcoin on a pedestal and cr...