Ripple CEO says DogeCoin has ‘inflationary dynamics’, not convinced its good for crypto markets


Comments from a panel discussion at the Fintech Abu Dhabi conference earlier in the week.

Ripple (payment networks company) CEO Garlinghouse  

  • Dogecoin has no limit on its supply … “I’m actually not convinced, somewhat controversially I guess, that dogecoin is good for the crypto market”
  • “Dogecoin has some inflationary dynamics itself that would make me reluctant to hold it”

Says Bitcoin though has had a lot of momentum. 

BTC update:

Invest in yourself. See our forex education hub.

More info here

See also  Stablecoins Like Tether Could Pose New Risks to Securities Markets, Warns Fitch