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Ripple CEO Made the Final Point: SEC Will Lose! A 10-fold Increase in Cryptocurrencies is Possible in 10 Years!
Important statements continue to come one after another in the #Ripple-SEC case, one of the biggest unknowns of cryptocurrencies. After the victorious decisions about the company and its officials in July last year, there was movement in the XRP price, and this attracted great attention from XRP supporters around the world. Recently, company official Brad Garlinghouse also made an important statement about the future of the case.
Brad Garlinghouse, #CEO of Ripple Labs, one of the important names in the cryptocurrency world and who is currently fighting an individual fight with the SEC, states that the US Securities and Exchange Commission (SEC) will lose at the end of the day in its long-term fight against cryptocurrencies.
CEO Garlinghouse joined the World Class podcast. In a new interview on the podcast he participated in, he stated that the SEC's anti-crypto stance and sanctions do not mean much.
They will lose in the long run. If you look at crypto's continued growth over a ten-year period, it's nothing. This is a speed bump because I am very optimistic about the future of crypto. Twenty years from now we'll look back and say, 'God, that was terrible.' But you know what, it's a little bump.
To me, the market will be measured in many, many, many, many trillions, changing the way a lot of transactions work because it's a way to reduce friction, reduce cost, [and] make things more efficient. It will win in the long run, the best technology usually wins in the long run.
On the other hand, Garlinghouse also made a statement about the development of the crypto industry. Stating that the progress in cryptocurrencies is certain, Garlinghouse also added that even the US dollar, one of the best managed fiat currencies in the world, has lost its purchasing power over time
This is inevitable. We're currently talking about a $2.5 trillion. Look, do I think this will grow 10-fold in the next five to 10 years? Yes, no problem… It feels safe.
