XRP As Big Amazon, Apple And Google According To a Wealth Manager
Clive Thompson, an eminent wealth manager, as of late shared his hopefulness about the eventual fate of Ripple and XRP. He uncovered his point of view toward the substances during a new livestream interview with Versan and Vandell Aljarrah, originators behind Black Swan Industrialist.
📈 📊 Renowned Wealth Manager Clive Thompson is convinced that XRP will succeed.
"I'm very much hoping that Ripple Labs with it's token XRP becomes big like Amazon or Google…and too big for the SEC to have a fight with.."
🙏 @vandell33 #XRPCommunity #XRPArmy #XRPL pic.twitter.com/LQC0quYyqC
— Ingrid 🇨🇵 🇺🇲 👁️🗨️ (@IBcroc) August 31, 2023
Vandell speculated that the payment network and XRP will proceed to exist and that each bank will adopt it subsequently.
In July, Ripple procured a partial win in its fight in court against the U.S. SEC when Judge Analisa Torres pronounced that XRP isn’t a security.
Read Also: Ripple Responds to SEC’s Request for Appeal in Ongoing XRP Lawsuit
The decision of the Judge was a partial triumph against the SEC, which claimed that the organization sold unregistered security to the general population. Be that as it may, the case is progressing as the SEC filed interlocutory allure in response to the ruling.
During the meeting, Versan indicated that the continuous case would end with a total triumph for Ripple.
“The only thing regulators can do now is strike a balance between persevering integrity and allowing disruptive technology to thrive.” He mentioned.
Ripple Could Become Giant Like Amazon, Apple, Google
Thompson concurred with this idea, saying he trusted Ripple could become as large as major tech giants like Amazon, Google, or Apple and too huge for the SEC to battle with.
Thompson expressed that one significant test the crypto space has experienced is the SEC’s powerlessness to carry out clear regulation.
The wealth manager revealed that he upholds the ruling that XRP isn’t a security and accepts Ripple will arise successfully notwithstanding SEC’s appeal.
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