Recent remarks by Black Swan Capitalist's founder Versan Aljarrah have stirred the cryptocurrency community. He commented on Ripple co-founder Chris Larsen endorsing Kamala Harris for president and urged a focus on the significance of XRP in the new financial system.
Versan Aljarrah's Commentary
Versan Aljarrah indicated that Chris Larsen's endorsement of Kamala Harris is a 'calculated distraction' aimed at unsettling emotional investors. Aljarrah called on the community to focus on the broader picture: Ripple’s continuing role in building a new financial system and the potential connections between Bitcoin and intelligence agencies.
Donald Trump and the Crypto World
Donald Trump’s support for deregulation and anti-establishment stance has resonated with a part of the crypto community, making Larsen’s decision divisive. Trump expressed a desire to make the U.S. the Bitcoin capital of the world and to accept cryptocurrencies as donations. Many in the crypto world have fully backed Donald Trump, and Ripple’s Chief Legal Officer Stuart Alderoty donated to his campaign.
What Should the Community Focus On?
Aljarrah emphasized the importance of XRP in improving cross-border payments and suggested focusing on real developments within the crypto industry rather than political distractions. He warns that an emotional reaction might lead to missing significant opportunities. XRP is seen as the foundation of the new financial system, with BRICS potentially adopting XRP for cross-border payments.
Versan Aljarrah urges the crypto community to avoid political distractions and focus on the long-term potential of XRP. It is crucial to remain calm and focused on real technological and financial advancements.
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