SEC Legal Issue has Changed Nothing about the Goodness of Ripple (XRP)

The Ripple (XRP) team are staying fit and over the skies as they are working as a team to consistently scale new heights.

The SEC legal issue has changed nothing about the goodness of Ripple (XRP). They are continuing to hire to build a great team to progress ahead with the next generation of Fintech. Many of them are willing to join the team from different parts of the world. And, many wish they hand the skills.  Many of them are willing to take a job sitting around talking about XRP all day.

The XRPL ledger is suited to home the transactions of NFTs. For now, NFTs as collectibles is a very big use case.

David Schwartz, Ripple’s CTO, pointed to how the white-hot NFT trend is suitable for the XRP ledger. David also suggested that we are just scratching the surface. The CTO of Ripple envisions a future where NFTs become the foundation of all the digital rights management. David strongly believes the XRP Ledger delivers a unique combination of the low cost, high speed and good payments features needed to streamline NFT creation at scale. Particularly, the Ledger’s ability to maintain consistent transaction fees, a trait that is impossible on most other platforms today.

Community response:  In the Ripple Drop Video, David says Private Federated Sidechains for Central Banks will be ready in 2 months and for DeFi in 6 -9.  Didn’t I say the XRPL is lit?

I’m keeping surprised about their new focus. It was focused already.  “We are going to be laser focused on this issue (cross border)” And now, it’s NFT CBDC DeFi as if the first is already all set and done, which I know it is.  So, once it is clear, it will RUN.

Less blabbing and get working on running NFT’s on the XRPL before Ethereum moves on to something new and Ripple has to play catch up again.

Bitcoin and Ethereum are protected by people who are paid by legacy banking/foreign powers, pumping their price to make it more appealing to desperate people. All while holding down American innovation. Bitcoin and Ethereum are dead-end projects.

Irrespective of how the rest of the crypto space is progressing, Ripple is amazing.

Ultimately, as Brad Garlinghouse expressed, This has been clear from the start — the SEC’s lawsuit isn’t just about Ripple, it’s about what “ impossible standards of fair notice and due process” through regulation by enforcement can do to crypto innovation. “Anyone could be next without warning.”

Hub: XRP price, news, and analysis