• CoinStic
  • Posts
  • Ripple Will Use XRP to Become the ‘Microsoft of Crypto,’ Says Investment Firm CEO

Ripple Will Use XRP to Become the ‘Microsoft of Crypto,’ Says Investment Firm CEO

October 04, 2018

Philip Nunn, CEO of Blackmore Group and Wealth Chain Group, is dubbing Ripple the “Microsoft of Crypto.”

https://twitter.com/PhillipNunnUK/status/1047015210257715200?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1047015210257715200&ref_url=http%3A%2F%2Fwww.businesscloud.co.uk%2Fnews%2Fripple-will-become-the-microsoft-of-crypto

Nunn expanded on the comparison in an interview with Business Cloud.

“I see a whole load of similarities to Microsoft’s place within the advent of the internet.

You can argue that Microsoft’s tech is substandard and that it’s clunky. Compared to say, Apple, it is nowhere near as innovative and up to the task. However, the genius of Bill Gates was the fact that he was early and timing was everything. Whilst others were focusing on product development, he was focusing on adoption. Windows, Excel and Word are the go-to-tool for every business.

The next wave of crypto is all about adoption. Those who crack that will succeed and those who don’t will fail. XRP and Ripple are getting into all the banks and positioning themselves.”

Nunn founded Blackmore in 2013. The firm specializes in wealth management, angel investment, commercial property investment and financial technology. His latest venture, Wealth Chain Capital, invests in crypto startups and runs a crypto index fund.

The Crypto Beat
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.