The real problem with digital assets is that “historically there was a lot of hype in the crypto ecosystem,” Ripple CEO Brad Garlinghouse told Bloomberg. He said most cryptocurrencies will probably become worthless in the future.
“There are more than 3,000 digital assets that trade on a daily basis now,” he said, adding that “99 percent of crypto probably goes to zero but there is one percent that is focused on solving a real problem for real customers, and is able to do that at scale and that’s going to be game-changing.”
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