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Bitcoin, XRP Receive Massive Exposure in 2019

News
Thu, 11/21/2019 - 14:28
Yuri Molchan
Bitcoin has not only seen a significant rise this year but also got into the global spotlight along with other crypto thanks to bankers and politicians
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If 2018 was the year of the crypto winter, in 2019 Bitcoin and altcoins, such as XRP, have come into spotlight. 

Trump mentions Bitcoin and Libra

The major portion of world's attention has been given to Bitcoin by the current US president Donald Trump who has recently cursed BTC on his Twitter account. He mentioned BTC several times on Twitter, criticizing it but still giving it massive attention.

Trump also tweeted about Libra that has faced enormous resistance from the US Congress and bankers not only in the US but globally. This has made the awareness of Bitcoin and crypto in general much bigger on a global scale.

Presidential candidates talk Bitcoin

A US presidential candidate Andrew Yang, who intends to introduce Universal Basic Income (UBI) in the future, should he win, has several times mentioned Bitcoin publicly. He expressed an idea that in years to come UBI could be paid in BTC, making it not Universal Basic Income but Universal Bitcoin Income.

Another presidential candidate, the controversial eccentric John McAfee, who has been on the run since around May – avoiding meet-ups with the IRS and CIA – confessed that he does not actually want to become President. All he wants is to raise crypto awareness and get Bitcoin exposed to masses of people.

Related
Bitcoin in 2140: Price of Just 1 Satoshi May Be Unbelievable

XRP now used by MoneyGram

This year, the crypto giant Ripple bought a large stake at the global remittance service MoneyGram. Now, MoneyGram uses XRP to wire funds to Mexico via the Bitso exchange. The company is planning to add more corridors for XRP utility and instant and cheap payments that the Ripple technology provides. 

Besides, the Ripple CEO Brad Garlinghouse gave an interview to CNN which was crucial not only for XRP investors but for the crypto community overall.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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