At the start of this year, the business magnate Warren Buffet has clearly stated that he wants nothing to do with Bitcoin or any other cryptocurrency because he believes that all cryptocurrencies will probably have a bad end.
Although Buffet does not buy the idea of cryptocurrencies, many other businessmen and companies do so, this is evident from the influx of institutional investors in the sector.
The adoption of blockchain and cryptocurrency by institutional investors confirms that cryptocurrencies are here to stay, and Buffet could have a change of heart in the time to come. Here is a list of our four main cryptocurrencies that could modify Buffet prospects on digital resources.
1. Ripple (XRP)
If Buffet is trying to invest in any cryptocurrency now, we think Ripple would be her first choice. Why do we think Ripple has the best chance of convincing Buffet?
Firstly, Ripple CEO Brad Garlinghouse knows what he wants and how to get them. Just like Jeff Bezos, he was welcomed for his visionary ideas and planning for the future.
Ripple has created an impressive list of partnerships with banks and other financial institutions around the world, not to forget Alibaba. Ripple has probably seen the most real use in the world thanks to its unmatched payment solutions, xCurrent and xRapid.
While most other cryptocurrencies (including Bitcoin) are simply a means of storing value, Ripple has proven to be a functioning cryptocurrency with an influence that grows from day to day.
2. Ethereum (ETH)
Although Ethereum started out in the shadow of Bitcoin, it began to win the hearts of many because of its lower transaction fees and faster transactions, compared to Bitcoin, not to mention smart contracts and applications decentralized of the Ethereum blockchain.
Like Ripple, Ethereum is not just a store of value, but digital activity is used by many for transactions. This is another reason why Warren Buffet might consider buying Ethereum.
While Ethereum may not be the largest cryptocurrency, its smart economy is currently the largest. Ethereum also has a visionary leader in Vitelik Buterin who has been constantly providing since the project launched its ICO in 2013.
3. TRON (TRX)
Favorite fans are another digital resource that could easily please anyone, including the Oracle founder. TRON has excelled under Justin Sun, who was listed by Forbes as one of the most influential people in Asia.
Under the direction of Sun, the TRON team has shown its purpose, achieving the goals set when indicated on its roadmap. Like Ripple, TRON has enjoyed a good deal of partnerships with institutional investors.
The correction in progress has seriously devalued TRX (currently valued at around $ 0.02), this makes TRON an excellent purchase for Buffet and anyone who wants to invest in cryptocurrencies.
4. Stellar Lumens (XLM)
While Stellar may not have had mainstream success like other coins on this list, it is definitely an interesting digital asset that is worth watching. Stellar's goal is to be open source and help solve real-life economic problems.
Stellar is trying to build an ecosystem where everyone has equal rights and benefits from its growth. Stellar's objectives are difficult and rare to see among the altcoins that make it a clandestine cryptocurrency.