Cory Johnson, Ripple’s new chief market strategist, has had a very interesting interview with Breaker Magazine. He said that the entire Trump administration is very positive about Ripple and its native cryptocurrency XRP. As Johnson explained, there have been regular talks between Ripple and a high profile team from the White House.
His job as the chief market strategist is to explain the blockchain startup Ripple and XRP to the public. When he started his new job eight months ago, he said he had “caught tons of FUD (fear uncertainty and doubt)” surrounding the company and the cryptocurrency XRP. On the one hand, the public is inclined to equate the company with Ripple and the XRP token. Also, the issue of decentralization is frequently misrepresented simply because ripple owns approximately 60 billion of the 100 billion total supply of XRP.
Irrespective of this, Ripple could achieve great successes. On the launch of xRapid and on the question of how long it will take until big banks use the product, he said Ripple already has major banks on its network like Santander and Standard Chartered.
What Trump administration thinks about Ripple
In response to the question of what the White House and the Trump government think about Ripple, Johnson explained:
“The White House in particular seems to be thinking about what it means to have 80 percent of bitcoin mining taking place in China and a majority of Ether mining taking place in China. When you look at XRP, there is no mining, so from a foreign-control aspect or from an environmental aspect, XRP is a very different beast. And in conversations we’ve had with the administration, they seem to get that and think that might matter.”
As far as Ripple’s contacts with the government are concerned and how the discussions have taken place, Johnson declined to give more details. Nevertheless, he revealed that Ripple is well networked even in political circles.
You can find the full interview with Breaker here: https://breakermag.com/ripple-has-a-ton-of-doubters-this-exec-is-trying-to-change-their-minds
Source: https://coindoo.com/trump-administration-is-very-positive-about-ripple-xrp