for now he thinks XRP is too fast to replace Bitcoin, with a gap that is too far now it will be difficult if that happens, not degrading but better XRP to compete with ETh for second place.
It's not too fast but it will never happen and you must see the current chart on cmc right now and there was a dump that started to happen with XRP. ethereum is overvalued and it can't be reached by XRP. People realize if ethereum is much more superior compared with XRP in the tech innovation.