Ripple CTO: The crypto industry is in a situation similar to Google in the early 2000s

2023-01-02 17:40:22
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ChainCatcher news, Ripple's Chief Technology Officer David Schwartz stated on social media that the ongoing sluggish performance of XRP and the broader cryptocurrency industry is due to the market's uncertainty about whether the crypto market will become the next big thing. This is similar to the situation Google faced in 2000, when the tech industry was also skeptical about whether search engines could provide billions of dollars in value. Currently, cryptocurrencies are in a similar situation, leading to price fluctuations driven by investor sentiment. Ultimately, as the crypto space matures, the market will make a choice. (source link)

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