⚠ XRP (RIPPLE) WILL BE THE AMAZON OF TOMORROW | SMART CONTRACTS ON STELLAR (XLM) THIS YEAR ⚠

⚠ XRP (RIPPLE) WILL BE THE AMAZON OF TOMORROW | SMART CONTRACTS ON STELLAR (XLM) THIS YEAR ⚠ - In this video, we discuss, XRP News today, plus crypto news today, and more.
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The survivors of the rout in crypto assets could become the technology companies of the future rivaling Amazon.com Inc (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY)., Bank of England Deputy Governor Jon Cunliffe said.

Cunliffe compared the crash that has wiped more than $1 trillion off the value of Bitcoin and other cryptocurrencies this year to the dot-com collapse at the start of the millennium.

“The analogy for me is the dot-com boom, when $5 trillion was wiped off values,” Cunliffe said at the Point Zero Forum in Zurich on Wednesday. “A lot of companies went, but the technology didn’t go away. It came back 10 years later, and those that survived -- the Amazons and the eBays -- turned out to be the dominant players.”

He stressed that crypto technology has “huge applications and potential within the financial sector” even though the market is wobbling at the moment.

“Whatever happens over the next few months to crypto-assets, I expect crypto technology and finance to continue,” Cunliffe said. “It has the possibility of huge efficiencies and changes in market structure.”

Enjoy the video! Stay safe everyone. LET'S GO!!!!!
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