Coach JV: XRP Beats Traditional Assets in Long-Term Ownership Costs

Financial educator Coach JV has been buying XRP due to its long-term ownership costs being lower than traditional assets. According to him, owning Bitcoin and XRP is attractive because it eliminates recurring payments like property taxes, vehicle registration fees, or monthly debt obligations.

In a comparison with traditional assets such as homes and cars, Coach JV noted that paying off a mortgage or vehicle loan removes the debt, but other ownership expenses can remain. He argues that investors should consider not only what an asset costs to acquire but also what it costs to continue owning indefinitely.

The XRP Ledger does not impose annual holding fees on XRP. However, direct self-custody on XRPL is not cost-free. The network requires a 1 XRP base reserve for an XRP Ledger account, which must remain reserved while the account exists, and transactions carry a small network cost of 10 drops (0.00001 XRP).

Coach JV acknowledged that crypto ownership carries risks, including securing private keys and recovery information. He noted that investors may choose to purchase hardware wallets or use paid custody providers, which can incur additional expenses.