Ripple CEO Brad Garlinghouse expressed his firm stance on XRP by getting a tattoo, which has generated significant interest among cryptocurrency supporters.
Tattoo as a Sign of Commitment
In a recent social media post, Brad Garlinghouse stated he is '1,000%' committed to XRP's future. This statement was highlighted by an XRP influencer who noted that getting a tattoo after 50, especially with a Harvard MBA, signifies unwavering support. 'I know many people who got tattoos when they were young and regret them because life changes. When someone with a Harvard MBA gets a tattoo after 50, they have thought it through and know it's only going to change in a good way,' the influencer remarked on the X social network.
Risks of Crypto Tattoos
Despite the commitment, it is important to remember that crypto-themed tattoos can have a downside. Galaxy Digital CEO Mike Novogratz famously showcased his Luna-themed tattoo in early 2022, just before the cryptocurrency faced a collapse. Earlier this year, Galaxy Digital had to pay $200 million in penalties related to the Luna crisis.
End of the Ripple vs. SEC Legal Battle
Recently, Garlinghouse confirmed that the company is dropping its cross-appeal against the SEC. The SEC is also expected to reciprocate, marking what is essentially the end of the lengthy legal battle between Ripple and the SEC.
Brad Garlinghouse's tattoo has become a symbol of his commitment to XRP, though the experiences of other investors show that such decisions can lead to unwanted consequences.
