Ripple’s New Chief Market Strategiest, Cory Johnson, is certainly a known quantity in the traditional financial world. He co-founded TheStreet.com with CNBC’s Jim Cramer – that guy who’s always freaking out over charts and events on Wall Street – and worked with a number of different start-ups over the years before eventually finding himself at Bloomberg.
Before all that, though, he was a cab driver in New York City, an occupation that makes around $35-50,000 per year, depending on a lot of things, not including tips. In a recent podcast with Benzinga, Johnson spoke his mind about Ripple, cryptocurrencies, and the technologies that underpin them.
XRP Can Live Without Ripple
One of the important takeaways from the podcast is that Johnson understands that Ripple can die without actually killing XRP. It’s true that the primary development of XRP happens at Ripple Labs, and that the company is also mostly responsible for market penetration and other progress that XRP (the Ripple token) has made, but nonetheless, as an entity XRP could live on in the absence of Ripple Labs. Other companies which rely on and build on it would simply have to take up the slack. As Johnson puts it:
And if Ripple were to go away, the Johnson family would be quite sad, but XRP would continue to exist, and many other companies, many start-up base, many beyond that, are using XRP as a core technology, again, to try to find new businesses. And really, the technology for XRP is like Bitcoin two dot oh. It’s Bitcoin, but it’s faster. It’s Bitcoin, but it doesn’t use tons of power. It’s Bitcoin, but it’s not controlled by Chinese miners. But fundamentally, it is a blockchain digital asset that is used principally for the movement of value.
SOURCE CNN-
Read more at- https://www.ccn.com/better-faster-cheaper-ripple-exec-claims-xrp-is-bitcoin-2-0/
