• Elon Musk declines to endorse XRP and maintains a neutral stance.

• Musk emphasized the broader role of cryptocurrency in promoting individual freedom and decentralization.

• Musk warns of U.S. financial instability, citing excessive government spending and rising debt.

Elon Musk has declined to endorse XRP during a recent town hall discussion in Pittsburgh, Pennsylvania. When asked about the potential adoption of the XRP Ledger by financial institutions, Musk maintained a neutral stance. However, he emphasized cryptocurrency’s broader role in promoting individual freedom and decentralization.

Staying Neutral on Specific Cryptocurrencies

In a video shared by XRP advocate Bill Morgan, Musk stated that he wouldn’t comment on any specific cryptocurrency, including XRP. He said: “I certainly cannot speak to any specific crypto, but I do think cryptocurrency is an interesting and valuable bulwark against centralized control. This is not an endorsement or lack of endorsement for XRP.”

Neither endorses or refuses to endorse XRP when specifically asked about it. https://t.co/uQMVr3aoPR

— bill morgan (@Belisarius2020) October 20, 2024

His caution reflect…

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