Ripple's Prospects: How the Cryptocurrency Can Become a New Giant, Similar to Amazon, Google, and Apple

Date: 2023-10-07 Author: Dima Zakharov Categories: CRYPTO PAYMENTS, BUSINESS
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Optimism about the Future of Ripple and XRP

Prominent asset manager Clive Thompson shared his optimism about the future of the cryptocurrency Ripple (XRP). During an interview with the founders of Black Swan Capitalist, Versan and Vandell Aldjarra, he expressed confidence that Ripple could become as significant and successful as Amazon, Google, and Apple.

Thompson agreed with the assumption that Ripple and its payment network would continue to exist and that in the future, every bank would adopt them. This optimism is based on Ripple's partial victory in a legal dispute against the US Securities and Exchange Commission (SEC), where a judge recognized that XRP is not a security. This was a significant event in Ripple's history as the company had been facing accusations of selling unregistered securities.

Challenges and Prospects of the Ripple Cryptocurrency

During the interview, questions were also raised about the challenges faced by the Ripple cryptocurrency and the broader cryptocurrency sector. According to Thompson, one of the main issues is the SEC's inability to implement clearer rules and regulations in this area. However, he supports the judge's decision that XRP is not a security, which may contribute to Ripple's development without additional legal constraints.

Thompson expressed hope that Ripple could achieve the same level of success as Amazon, Google, and Apple, becoming too significant for regulatory bodies like the SEC to easily contend with. His opinion underscores the significance of the Ripple cryptocurrency in the global financial system and its potential for growth in the future.

In conclusion, the future of Ripple and XRP appears promising from the perspective of an experienced asset manager, and these comments may stimulate interest in this cryptocurrency and its prospects in the global market.
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