Ripple are doing all it takes to improve on interoperability. It is very clear that crypto it’s the future, not for just making money, but it will replace this old and fraud system of finance. There is no doubt that XRP is going to play an integral role in the future of our global financial systems.
There are some naïve XRP investors who state, I have invested in XRP like many others. There are a lot of stories, but still wonder if it has been a good investment. Some of them keep wondering as to why XRP keeps dropping or hanging.
Issues apart, those who were wondering if crypto was going to play an integral role in the future of our global financial systems it is getting established that crypto deserves a bank and therefore does XRP. However, commercial banks taking on crypto activities might be a great deal. At the end of the day crypto will be forced to follow laws and regulations that exist for fiat money.
Monica Long SF stated, “Interoperability between networks is imperative—the more that developers look to build bridges and adopt open standards, the stronger all of crypto will become.”
Brad Garlinghouse recently stated, we’re ready to work with SEC leadership and the broader Biden administration to chart a path forward for blockchain and crypto innovation in the US.
The Brad Garlinghouse statement made many people come out with odd statements. One of them stated, who cares about the security issue, just pay the fines. Please address the misappropriation of $600 million dollars. That’s the answer we all want. In reply, other XRP investors were wondering, how can you misappropriate something that you already own?
Some investors are waiting to know the many defensive statements that Ripple might have against the SEC issue.
Noteworthy, Brad previously stated, No one is being silent, nor will we give up this fight. We’re on the right side of the facts and of history, and look forward to our day in court – as well as engaging with the new SEC leadership once appointed.
Some of them opined that people are reactive to changes particularly when it come as rules and regulations from the governments which respond to “behind the scenes actors”. Also, stated that these changes will be accepted and after that if someone later tries to change it again, it will be a new fight to maintain as is.
Get the latest Crypto & Blockchain News in your inbox.