We should ask ourselves how many institutions were pushing people to get Bitcoin 13+ years ago.
Institutional advice to buy an asset when prices are near all time highs is a trick to get people to buy their holdings.
The Motley Fool just endorsed XRP, saying:
“As an investor, it makes perfect sense to buy and hold both of these assets.”
But does it? Even they admit XRP and Bitcoin are very different. One is a censorship-resistant protocol, the other controlled by a company. One is sound money, the other a “zombie coin” (Forbes).
XRP has been tied up in SEC lawsuits, its price driven by speculation, and its supply controlled by Ripple.
On the other hand, Bitcoin is the only truly sound, permissionless monetary network.
The Motley Fool should know better.
https://www.fool.com/investing/2025/02/20/is-xrp-the-new-bitcoin/
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