The Currency Analytics
By Steven Anderson
Ripple (XRP) Regulatory Clarity
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Brad Garlinghouse recently tweeted: “To make matters worse, some US regulators have already made decisions that actively favor Chinese technologies OVER US companies.
The phrase “Chinese technologies OVER US companies” created a buzz of opinions from the community.
This kind of comment was considered a comment which will turn mainstream away from crypto by many.
Several members from the community felt that the “Chinese technology” comment was rude, and felt that the "China tech" narrative does not help.
The community feels that BTC/ETH is something that anyone can participate in and potentially profit from mining or POS vs.
Also someone pointed to the “Chinese tech” and stated that the largest BTC mining facility is headed by SBI in the USA.
Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) Brad Garlinghouse seems to have gotten fried by his followers for using the word Chinese Tech.
Regarding Ripple’s dissatisfaction about regulatory clarity, majority of them feel that the SEC are in to lot of market manipulation.
About the lack of regulatory clarity in the US users are worried and they have expressed that all “opportunity” to invest early in crypto / DeFi are closed to U.S. Investors.
Some of them are wondering if something is wrong with Americans. They feel that several politicians, now also regulators, are in cohort with China.