Brad Garlinghouse, CEO of Ripple (XRP)made important statements to CNBC at the ongoing Paris Blockchain Week Summit.
Bitcoin (BTC) and XRP’yComparing i, Garlinghouse used the following statements for the two major cryptocurrencies:
“If Bitcoin is digital gold, then XRP is a payment option.”
garlinghouse, XRP Noting that it is used to provide fast and reliable payments, he said that the transaction cost of XRP is low.
Expressing that the usage area of Bitcoin is very good in terms of being digital gold, the famous CEO said, of BTC He said that in terms of payment, the transaction fees are more expensive and the speed is slow compared to XRP.
“I Think Positive For The Cryptocurrency Market!”
Stating that he thinks positively for the crypto money market, Garlinghouse explained the reasons for his thinking in this way as follows:
“I think positively for the crypto market. Because there are macro factors that make me think positively. The first of these is global inflation. As it is known, inflation in the USA was announced as 8.5%. This figure is a record for 40 years.
Another factor is that cryptocurrencies solve many real problems of corporate companies.”
USA Left Behind in Cryptocurrency!
US President Joe Biden Mentioning that the executive order he signed on cryptocurrencies at the beginning of March is positive and important for the market, Ripple CEO said that the USA cryptocurrency of his work, he said:
“The executive order that Biden signed is a very important development, but the US has lagged behind many countries in crypto regulation.
I believe the Biden administration is also aware of this situation.”
CEO of Ripple He also made statements about the lawsuit that has been going on for more than a year with the SEC.
Stating that the litigation process has been very positive so far and that it is in a very good condition compared to 15 months ago, Garlinghouse said that the decision process of the justice is progressing slowly.