Ripple's latest business analyst, Cory Johnson, says he has been studying the cryptocurrency and blockchain industry for a long time but started researching it in November 2018, when several of the strongest digital assets soared.
“From my point of view, at the moment, it's completely unbalanced,” he says, “the intrinsic value of these coins, or these resources, is not that. I just hope someone else finds it there… But what I saw in Ripple was something different than what I see in other cryptocurrencies, and certainly compared to ICOs. The activities of the software company create value in the business, an underlying intrinsic value. I believe Ripple will be able to demonstrate intrinsic value for XRP that some of these coins and assets don't and never will."
The new position of Johnson as chief market strategist would undoubtedly include him in telling potential clients and investors the Ripple story (and maybe strengthening its message). Ripple offers technology goods to banks, but a digital token is used in one of its products.
“I really think of it as an enterprise software company,” says Johnson. “It's an enterprise software company trying to solve payment problems, for banks and ultimately for corporations. But it's also on an asset: about $ 61 billion in XRP, so it certainly has both of these components. We are looking to use the resource to create an enterprise software company, where we will apply payment for the software like any other existing software, whether it is Salesforce or Oracle, or SAP. "(Johnson declined to say how much XRP is included in his compensation package if any.)
Yahoo Finance also asked Johnson for more information on his recent report that both Facebook and Google have banned scam advertising for cryptocurrencies and ICOs. Although he now works for a crypto company, he says his reaction to the news was, “Thank God. So many scams. The regulation will be good for the world of blockchain and cryptocurrency companies because it will really separate the grain from the chaff. I don't think we're there yet, but I think it's a good thing."
How to File a Complaint Against Coinbase
Coinbase is one of the most popular cryptocurrency exchange platforms because of its convenient and straightforward account registration process. This platform allows you to link your credit card or bank account and transfer funds through any of these mediums.
Beginners Guide to Cryptocurrency
These days, it seems as if you cannot turn on any piece of financial news without hearing about cryptocurrency. Almost overnight, the crypto industry has become absurdly popular, earning investors millions and turning into a brand new financial sector.
Best cryptocurrency to invest in 2021
Investing in crypto has never been this convenient. Now that the internet is so powerful, everything else can be done in a click.
Are NFTs Worth Your Money?
A virtual artwork has sold for an eye-watering $69 million (£50 million) at Christie's auction site, but the buyer will not receive a statue, painting, or maybe even a print. Instead, they receive an NFT, which is a one-of-a-kind digital token.
EBay open for payment acceptance of bitcoin
EBay CEO says they want to incorporate payment cryptocurrency and how NFTs will be implemented on the website.
Ethereum's market value has surpassed Coca-Cola, Berkshire Hathaway, and Roche since peaking over $300 billion this week
Ethereum's market value has surpassed Coca-Cola, Berkshire Hathaway, and Roche since peaking over $300 billion this week.
Plenty of wonders: the Gemini exchange now supports dogecoin
Funniest and friendliest coin in the observable space: today we are proud to announce trade and custody support for Dogecoin (DOGE).
The price of Ethereum (ETH) has surpassed $3,000 for the first time in history
Shortly after breaching the $2,000-level, ETH is approaching the $3,000-value threshold.
About $440,000 was donated in crypto to support the understanding of autism
Nexo audiences were able to contribute in cryptocurrencies to the "ColorTheSpectrum" stream thanks to funding from the Nexo project.
Top 10 Crypto News: 3rd of May 2021
Top 10 Crypto News
Top 10 Crypto News: 4th of May 2021
Top 10 Crypto News