April 18, 2024

Ripple: USA announced only Bitcoin and Ethereum

The chairman of the council of Ripple directors, Kris Lapsen, said that the United States is doingpoctvcex cryptoactives that do not relate toBitcoin (BTC) or Ethereum (ETH).

Speaking at a summit in Los Angeles, dedicated to the blockchain, the co-founder of Ripple said that the US is planning to lose the top-rated value for money

"I think that the U.S. will strongly respond to what is called the next generation of the global financial system.We found ourselves in this unfortunate situation, when the United States was the leader of the global system.At the same time, 20% of the world's BBP is obtained, and 80% of all work is done in the future, perhaps even more."

Lapsen believes that the United States should accept the technical cold war with China, in which the Asian country has an odd one:

"This is the case in all spheres: connection, observation, greater data, qualitative information, as well as block and digital acts.The point is that China has learned that these technologies are the key to the control of the financial system of the next generation."

He also added:

"We all know that the current financial system is unstable. It has become obsolete, like the 70s.Fast and cooperative banking is not the system with which we will live for the next two years, because it is too slow and necessary.And it's too tight and too hard. China will become a worker of this following system.The country has invested $1.4 trillion in various technologies, and the block is in the last part of the list."

In addition, the top-manager of Ripple noted that the Securities and Exchange Commission (SEC) could not stimulate innovation in the field of blocks:

I should say that in the USA everything that is connected withblockchain, digital currency, begins and ends with the position of the SEC ... instead of the fact that to induce the American innovations do not return, o They used bitcoin and ethereum on the basis of Proof-of-Work, which, no matter how strange, bring the use of China.

According to him, everything else as of nowIt is found suspended or, which is even worse, is regulated in an auditable manner. It was for this reason that he declared that the Ripple company could change its jurisdiction.

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