Ripple Labs’ CEO, Brad Garlinghouse, confidently asserts that the U.S. Securities and Exchange Commission (SEC) will ultimately fail in its fight against cryptocurrency. During a recent interview on the World Class podcast, Garlinghouse downplayed the significance of the SEC’s opposition to crypto, stating that it is merely a minor obstacle in the grand scheme of things. He expressed his optimism about the future of crypto and predicted that in 20 years, people will look back on this period as a small setback. Garlinghouse firmly believes that crypto will prevail in the long run due to its potential to revolutionize transactions by reducing friction, cutting costs, and improving efficiency. He emphasized that the best technology typically emerges as the victor over time.
Furthermore, Garlinghouse argued that the success of the crypto industry is guaranteed because even well-managed fiat currencies like the US dollar are gradually losing their purchasing power. He suggested that the current $2.5 trillion crypto market cap could easily multiply tenfold within the next five to ten years, as the demand for digital assets continues to grow. Garlinghouse expressed confidence in this projection, stating that it feels like a safe bet.
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