A recent post by prominent crypto commentator Digital Asset Investor discusses the links between Ripple and major financial institutions like BlackRock, raising questions about Ripple's strategy.
Summary of Digital Asset Investor's Post
In his post, Digital Asset Investor references comments from a BlackRock executive regarding XRP, emphasizing that many Ripple employees remain within the system, which may indicate a strategic connection between Ripple and traditional finance circles.
CITE_W_A: "If I've learned anything about Ripple in the last 7 years, it's that most don't leave... they're deployed."
XRP: Improving upon Bitcoin
Digital Asset Investor asserts that XRP was designed to address the shortcomings of Bitcoin, such as slow transaction speeds and high energy consumption. XRP is intended to move value quickly and efficiently, especially across borders.
CITE_NA: "If you think Robbie missed the part about XRP being created by Bitcoin developers to be a better Bitcoin, you would be the perfect buyer of my igloo in south Georgia."
Institutional Interest in XRP
Digital Asset Investor's post suggests that large financial institutions like BlackRock are more aware of XRP's value than they publicly acknowledge. This raises the question of whether Ripple's and XRP's real-world applicability may be more appealing to Wall Street than typically assumed.
Digital Asset Investor's comments highlight the strategic connections between Ripple and major financial institutions, which may indicate XRP's significant role in the global financial infrastructure.
