Ripple’s CEO, Brad Garlinghouse spoke about many things during his interview with Bloomberg.

Garlinghouse stated the real value of cryptocurrencies and predicted the fate of cryptoverse.

One of the most famous cryptocurrencies in the market, Ripple’s CEO Brad Garlinghouse stated that the virtual currencies having actual utilization in the market will stay until the end, but the other currencies will no more survive in the leading market.

Garlinghouse had spoken about many things during his interview with Bloomberg and he repeated the forecast he made earlier, stating that ‘in the recent market most of the currencies in the cryptocurrency market do not have any value in the near future. During the talk, he also remembers the time-shifted from the illegal case of utilization like SilkRoad and towards danger while predicting that digital currencies will become helpful in the year 2019-2020.

In the interview, Garlinghouse has publicly said that, before he thinks 99 per cent of all crypto probably goes to zero, but there is that one per cent that he thinks the focus is on solving a real problem for real customers and can do that at scale.

He further added, the reason as to why Ripple has been focused on a specific customer, a specific problem, and they’ve been fortunate to build a lot of momentum with that customer set.”

A few days ago we discussed how Ripple is better than the traditional form of wire ‘SWIFT’ for international transfer. The SWIFT happens to be more uncertain than the Ripple’s token XRP. Garlinghouse also talks about it said that Ripple’s technology would serve as a better option than SWIFT. He said It turns out that the volatility risk is lower with an XRP transaction.”

He compares Ripple and SWIFT and describes that Ripple is fast as it only takes some seconds, it is secure and less volatile than SWIFT. Garlinghouse previous that banks also don’t like to use SWIFT because it is not able to ‘fix inefficient internationals remittance.’

The CEO of Ripple agrees that there is a lot of bullish trend coming for the currencies in the market. He also said that their firm pays enough attention to the value of the currencies over a long period too. He also says that digital currency can be very useful in many ways and for decoding, the strengths of the currency will take a long-time process. The Ripple is holding an event at the “Annual SWELL Conference” and it will be held on 6 and 7 November. This is a highly anticipated event, but still, the currency is struggling to get hold of the pace of the bull in its value.

The previous years were good for the currency as this event helped the value raise in the market in the year 2017 and 2018. The current value of the currency is $0.301349 and it is increasing by 0.28%. The market capitalization of the currency is $13,032,783,510 and the 24-hour volume of the currency is $1,736,718,538.