Pompliano: XRP May not Benefit from Ripple Success as a Payment Company

 

Anthony “Pomp” Pompliano, Co-founder Partner at Morgan Creek Digital is confident that the success of Ripple as a payment method can have negative effect on XRP over the long term.

Pompliano has mentioned the reasons why he admires Ripple in the episode of The Pomp Podcast. As Pomp said, Ripple surpasses as a payment company based on blockchain technology, being able to form relations with banks as well as financial services around the world.

Despite that Pomp is still not convinced that Ripple’s success will interpret into advantages for XRP.

As he mentioned, he doesn’t understad why people purchase XRP and try speculate on the price movements. He added that even if he saw the benefits of the XRP usage in the Ripple ecosystem, however,  he is not was optimistic about the crypto as an investment tool.

Pompliano noted: “To me, if Ripple is successful, that doesn’t mean XRP has to be successful.”

He also mentioned that if XRP & Ripple are considered separately, it’s certain that Ripple aims to develop better software for banks.

 

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To find out more info regarding 1 of the most popular cryptocurrencies across the globe, Ripple, check out Ripple XRP news today. In addition, to keep you up to date with Ripple price & the entire cryptocurrency market movements, check out Ripple (XRP) Price Predictions as well.

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