$XRP just entered the Top 80 global assets with a $210B market cap!
It’s now bigger than Siemens, Shell, AT&T, and Uber.
They laughed. Now they watch. 👑🚀
Crypto made its debut on @60Minutes tonight – there’s no doubt that these technologies will continue to become more and more mainstream - with influence and reach that will only continue to grow.
A few things I do want to comment on after watching:
I spoke with Margaret Brennan / 60Minutes for 90+ min straight. When discussing the SEC’s misguided lawsuit against Ripple, 60Minutes shockingly left out that a Federal Judge ruled that XRP is not a security…Gensler’s shill (John Reed Stark) knows better despite his comments that 60Minutes chose to air.
Lastly, to say crypto has no utility is exactly what the naysayers said about the Internet in its earliest days - that it’s nothing more than illicit activity. How vastly they were proven wrong. Today, even JPMorgan is coming around on blockchain… (conveniently 60Minutes also failed to mention that Ripple is doing billions of dollars of KYC-ed transactions for our institutional customers - leveraging XRP to move money cross-border more efficiently than traditional payment rails.)
https://t.co/yPe5oKTq5Q
John, while you may not know Gensler, you sounded an awful lot like him with statements that are boldfaced misrepresentations (a polite way of saying LIES) - they certainly sounded like Gensler talking points. “No licensure, no utility, all Judges have said tokens are securities, crypto makes it far easier to do all crime”, etc. These are all PROVABLY false and 60Minutes could have easily fact checked before including them.
The actual "scourge of society" is not crypto, it’s failing to see when the SEC, created to protect investors, does the EXACT OPPOSITE under the guise of public service.
But credit where credit’s due, you’ve called for the SEC to withdraw its appeal in the Ripple case. On that, we agree!
😎Spend crypto from your debit card. Seriously.
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