Elon Musk made his first public reference to XRP during a meeting in Pittsburgh, where he was asked about the future of the cryptocurrency. However, his statement was very cautious and measured - he focused more on the role of cryptocurrencies in general than on XRP itself.
Musk's position
The billionaire made it clear that his statement was "definitely neither an endorsement nor a disendorsement of XRP". Instead, he emphasized that cryptocurrencies themselves are:
- An interesting safeguard against centralized control
- A tool to support individual freedom.
XRP community reaction
Ripple CEO Brad Garlinghouse commented on Musk's statement, emphasizing that XRP is "not a niche topic" and that users actually care about the cryptocurrency. The XRP community reacted enthusiastically to the mention itself, with some even speculating that Musk may be a secret supporter of the cryptocurrency.
Musk鈥檚 Preferences
It鈥檚 worth noting that Musk remains a primary supporter of Dogecoin (DOGE), which is already accepted by Tesla as a form of payment for gadgets. He has shown no particular interest in investing in XRP, and his mentions of cryptocurrencies (apart from joking meme references) have been mostly limited to Bitcoin.
