Ripple CTO compares XRP with iPhone

Ripple’s CTO has compared XRP with the iPhone to bring a point to the dispute on the Web. Some skeptics previously claimed that Ripple receives the main income from XRP. Those who buy XRP thus supposedly transfer money to Ripple. Ripple CTO David Schwartz drew parallels between the XRP and the iPhone to explain why he doesn’t care who makes money.

photo 2019 09 06 13 13 01 - Ripple CTO compares XRP with iPhone

Ripple CTO compares XRP with iPhone: Details

Ripple CTO David Schwartz compared XRP with an iPhone to explain in a web dispute that he doesn’t care who makes money. On Twitter, a Ripple spokesman noted that the main thing is not who creates a valuable object, but that you can take advantage of a particular product. Ripple CTO wanted to emphasize that XRP investors are not buying tokens due to price speculation.

This echoes the statement by Ripple CEO Brad Garlinghouse, who previously claimed that only cryptocurrencies with real-world usage scenarios would survive. On the other hand, 99 percent of all digital assets will eventually fall to zero. Thus, Ripple XRP really has value, given the use in cross-border payments. If we touch on the comparison of Ripple XRP with iPhone in more detail, then we can draw other parallels. At one time, Apple created a product that has become the standard for smartphones. The shape, size, content, volume of the battery, etc., gave rise to what many creators of modern gadgets began to actively adopt.

Currently, already 12 years after the release of the first iPhone, every new smartphone when it comes out becomes a sensation. At the same time, the point is not directly in good advertising, but in the high quality of the product. Apple creates innovations that surprise consumers. Meanwhile, around the iPhone and other Apple ideas, there is always a lot of controversy and untruthful information spread by ill-wishers. Gradually, such data is refuted, and the iPhone continues to be the best. This is completely identical to what happens with the Ripple XRP. Ripple XRP is an innovation among digital assets, and despite a variety of skeptical opinions, it remains a popular and well-regarded number of experts.

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