Experts Say It’s Time for XRP to Rise Strongly: Here’s Why

Financial expert and founder of Crypto Crusaders, Levi Rietveld, once again expressed his views on the ongoing debate regarding the utility of Bitcoin in real-world payments, especially for businesses and organizations, compared to XRP. In a recent post on X, Rietveld stated, "Bitcoin has had its peak... now it's XRP's turn!!" He also captioned a short video in which he directly addressed the remarks made by the Executive Chairman of Strategy, Michael Saylor, regarding the adoption of Bitcoin as a global standard in the future.

In the video, Rietveld focuses on a statement by Saylor, in which this famous Bitcoin maximalist claims: "You are using Bitcoin right now. If you hold it, you will become incredibly wealthy. But I think ultimately, the base layer network will consist of between 10,000 to 100,000 large financial institutions. Every company, every household owner should adopt the Bitcoin standard." According to Saylor, Bitcoin will serve as the fundamental foundation for the global financial infrastructure. Rietveld responded by emphasizing the operational limitations of the Bitcoin base layer, which he noted processes a transaction approximately every fifteen minutes. He argued that the practical challenges related to Bitcoin's throughput prevent it from functioning as an efficient layer one financial system for the types of businesses that Saylor mentioned. Rietveld points out that most companies today are hesitant to adopt Bitcoin due to the technical and financial requirements associated with operating the Lightning Network, Bitcoin's layer two scaling solution. Critique the requirements of the Lightning Network Rietveld explains that to effectively use the Lightning Network, businesses need to maintain a significant reserve of Bitcoin to manage liquidity for transactions. With the current market price of Bitcoin, he asserts that this prerequisite is too costly for small and medium-sized enterprises. He argues that this requirement poses a significant barrier to wider adoption for businesses operating on thin profit margins or with limited exposure to digital assets. He further emphasized that allocating capital to hold a volatile and expensive asset, merely to facilitate payments, is not a viable strategy for most organizations. Rietveld argues that this undermines the argument that Bitcoin could actually serve as a global standard for everyday commerce. Compare with the cost and efficiency of XRP In contrast, Rietveld presents XRP as a more viable option for practical application. He asserts that XRP offers significantly faster transaction speeds and much lower fees without requiring businesses to raise substantial capital. According to Rietveld, the ease of integration and low acquisition costs make XRP a more suitable candidate for payments, especially in the context of retail and enterprises. He noted that XRP can settle transactions in a few seconds and at a very low cost, making it more suitable for both high-volume payment scenarios and micropayments. Rietveld concluded that XRP avoids many logistical and financial issues from the Bitcoin platform and related scaling solutions. Place comments in the broader market context While Rietveld's criticism focuses on the limitations of Bitcoin in handling payments, his support for XRP stems from various comments by analysts questioning Bitcoin's long-term utility beyond being a store of value. His assertion that "Bitcoin has had its golden age" reflects the view that while Bitcoin may continue to function as a digital asset for value storage, it may not be the optimal technology for building scalable and cost-effective payment networks. Rietveld's comments were made at a time when the infrastructure for digital assets is being evaluated by organizations in search of effective payment solutions. In this context, XRP is still regarded by experts as a high-speed, low-cost protocol capable of meeting enterprise-level requirements. The technical advantages of XRP over Bitcoin in payments have reignited the debate over which digital asset is best suited for real-world deployment. His criticism highlights the contrast between Bitcoin's current utility and what he describes as XRP's readiness for business adoption.