A longstanding rivalry between Bitcoin and XRP supporters has intensified following new predictions about the future value of these cryptocurrencies. A known Bitcoin advocate has made bold predictions that have generated lively discussions.
Gloomy Outlook for XRP
A social media personality known as 'Bitcoin Dad' predicted a significant drop in XRP's value in the future. According to his forecast, by 2035 it will take 10 million XRP to buy a 2014 Ford Focus, a car currently selling for about $8,000. This implies an XRP token price of $0.0008, representing a 99.9% decline from its current valuation of $2.4. These predictions may have shaken the market, although some analysts remain confident of the XRP price exceeding $10 in the current cycle.
Optimistic View on Bitcoin
In contrast to the pessimistic view on XRP, Bitcoin Dad's predictions for Bitcoin are highly positive. He envisions a dramatic increase in Bitcoin's purchasing power over the next decade. It is predicted that 6.15 BTC would suffice to purchase an M1 Abrams tank, a machine valued at $19 million, implying a Bitcoin price of $3 million per coin. In another scenario, he conjectures that 100 BTC would be adequate to buy a U.S. nuclear submarine, priced between $2 billion and $5 billion, valuing Bitcoin at $20 million per coin by 2035.
Ripple's Legitimacy Efforts
The rivalry between Bitcoin loyalists and XRP enthusiasts has reached new heights amid Ripple's ongoing legitimacy efforts. It is reported that Ripple CEO Brad Garlinghouse has met with Donald Trump's inner circle to discuss the potential inclusion of XRP in a U.S. cryptocurrency reserve. This evolving scenario raises concerns in the community, where many still perceive XRP as a centralized asset significantly influenced by Ripple.
The debates about the future value and role of cryptocurrencies like Bitcoin and XRP continue and will persist, fueled by predictions and speculation in the ever-evolving world of digital assets.