Brandt Still Sees Red Flags for XRP, Warns of Quantum Risk to Bitcoin

Peter Brandt remains skeptical about XRP's value despite its growing partnerships with banks worldwide. He argues that transactional usefulness does not automatically translate into investment value, and that the token's future supply and issuance remain unanswered questions.

Brandt compares XRP to the US dollar, which is used for transactions but not bought as a speculative investment. He also notes that Bitcoin sidesteps this problem by being positioned purely as a store of value, rather than a transactional currency.

However, Brandt warns that even Bitcoin faces long-term cryptographic risk from quantum computing, and that the distinction between different types of cryptocurrencies may eventually blur as technology matures.