Bitcoin is a cryptocurrency, which is to say a type of digital currency. Unlike traditional currencies – the dollar or pound, for example – Bitcoin is not controlled by centralised financial institutions. This makes it popular for people who think decentralisation can bring financial freedom, but it also makes it extremely volatile with it rising and falling in value at the whim of Bitcoin buyers and sellers.After Bitcoin’s price rose to a new all time high in November, the sticky subject of cryptocurrencies is back in the spotlight. Blockchain is the technology underpinning all cryptocurrencies, and many related products like non fungible tokens (NFTs). XRP is a cryptocurrency used by a platform called the XRP Ledger. It was created by the co-founders of financial services company Ripple Labs in 2012 as a cheaper, faster alternative to Bitcoin. Which is your investment of choice between Bitcoin to XRP?
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