The cryptosphere is always awash in news. From strategic announcements to the daily prices of hundreds of cryptocurrencies, there’s always something interesting to notice or talk about with fellow cryptonauts. Some of that news is relevant because of the way they affect the markets, and some are relevant because they bring perspective into a project or the overall crypto-situation.
In this article, we’ll inform you about the recent declarations given by a few of the most important personalities in crypto. As stated before, these statements won’t change the market anytime soon, but it’s still good to know what’s in the mind of the people who are behind the scenes in the cryptoverse.
Rippe’s CEO Brad Garlinghouse
Mr. Garlinghouse gave an interview recently in which he explained how Ripple is working with regulators in the US and elsewhere to advance Ripple’s cause, and to ensure a smooth market experience.
Additionally, he talked a little about the Ripple’s XRP price, which is currently of USD 0.318886 (0.81%) (and trading in green numbers).
He described how Ripple’s technologies and digital asset are solving real problems in real life, especially when it comes to settling international payments quickly, safely, and cheaply. If Ripple indeed solves those problems for their clients and strategic partners, the XRP price will reflect it, sooner or later, according to Ripple’s CEO.
EOS’ co-founder and CEO Brendan Blumer
Mr. Blumer made a very bold prediction recently. He said that over the next twenty years BitCoin will become the world’s preferred option for wealth storage, instead of gold. That would break millennia of tradition.
Is that just unbridled optimism? It could be, but EOS’ founder is not alone in this conviction. Other leaders in the technology and the cryptocurrency world have expressed similar views over the last months, even as the market remains receding and under the control of the bears. Time will tell if Mr. Blumer is right.
Barry Silbert, CEO for the Digital Currency Group
The Digital Currency Group is involved as an investor with almost every digital asset there is.
Mr. Silbert explained that institutional investors are still trying their best to stay away from digital money, so their money has yet not arrived in the cryptocurrency market. That is a shame because many observers believe that the next bull run (whenever that happens) will be driven by a big shower of money coming from institutional investors precisely.
But the executive remains optimistic in that regard as he’s sure that the money will roll in for sure at some point during the next 2-3 years.
David Schwartz, Ripple’s CTO
Mr. Schwartz attended the SXSW 2019, in which he gave an interview with an audience.
He detailed his love affair with Bitcoin, which started in 2011 and how he became involved with Ripple.
He explained how he came to realize what made Bitcoin such a great project and his opinion is not exactly the usual one. Mr. Schwartz believes that Bitcoin’s power derives from the sheer transparency in its blockchain, and not from the Proof of Work protocol which is the “secret ingredient” that most observers consider Bitcoin’s hallmark and main advantage (and challenge since it takes such vast amounts of energy to calculate it).
Image courtesy of Pixabay.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.