Ripple’s XRP Is not Useless Belives Crypto Enthusiast David Gokhshtein

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Ripple’s native cryptocurrency XRP seems gaining traction amoung investors and cryptocurrency fanatics.
  • David Gokhshtein who is a Republican to represent New Yorks 1st Congressional District, a crypto investor and influencer recently raised his support for XRP, notifying that the token is not useless.
  • As per reports, he assumed that investors will begin to sell their BTC soon for cash that has proved itself as a safe haven during this crisis.

David Gokhshtein who is a Republican to represent New Yorks 1st Congressional District, a crypto investor and influencer recently raised his support for XRP, notifying that the token is not useless.

However, in American political circles, Gokhshtein is known as an uncommon pro-crypto voice. He never attempts to suggest his views on the damaging effect on the industry due to the coronavirus driven recession.

Global Economy to Collapse

As per David Gokhshtein, investors will begin to sell their BTC soon for cash that has proved itself as a safe haven during this crisis.

In his recent tweet on microblogging site, he again warned the crypto investors to do not to seek for a financial downfall. He shared that wishing for the global economy to collapse to see the success of Bitcoin is complete insanity and selfish. The influencer believes that obviously, it was not Satoshi Nakamoto’s vision.

Gokhshtein also notified that Bitcoin will be going to settle into the price range of $3000, it will slope again but that doesn’t mean that it will not rebound. As of now, people are looking for fiat currency to pay the rent.

Gokhshtein makes his top choice as bitcoin but in his latest suggestions to the user, he pointed out some other currencies too, which could be a possible choice for the investors. 

He tweets that Bitcoin is pretty much Store of Value. For quick payments one must look for Litecoin or Digibyte. Moreover, Gokhshtein is also confident that the third biggest cryptocurrency, XRP has genuine use cases. Recently, one of the popular tax reporting platforms Koinly has announced that it is going to associate with XRP by adding support to it in May 2020.

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