Brandt Dismantles XRP's Transactional Utility Argument

Renowned market analyst Peter Brandt has made public his skepticism about XRP's fundamental value case, stating that its utility for transactions is not enough to justify its valuation.

In a recent video clip shared by crypto commentator Xaif, Brandt argues that being useful for transactions does not make an asset inherently valuable. He uses the U.S. dollar as an example, pointing out that it too can be used for transactional purposes without necessarily being considered a store of value.

Brandt also expresses concerns about XRP's supply, stating that questions remain about whether the total supply will expand over time. For a market analyst who relies on knowable data, this uncertainty is a significant obstacle to making informed investment decisions.