The CEO of Ripple (XRP), Brad Garlinghouse responded to criticism from New York Times tech reporter Nathaniel Popper after it became known that Banco de Santander is still reluctant to use XRP., the company’s native token.
Popper pointed to Garlinghouse. quote Statements of the CEO in January 2018 about the banks “who want to use [el] XRP tokens in the near future. “He said that.”People used their savings to invest in XRP based on the future predictions Brad Garlinghouse gave“and adds:
“If investors had invested their money in XRP the day @BradGarlinghouse, through banks, planned to use XRP and held it to this day, they would have lost about 90% of their investment.”
“There are no plans to adjust our strategy”
In response, Garlinghouse made it clear that he believed that “using XRP to solve a $ 10 trillion problem like cross-border payments works.“.
The CEO explained that too On-Demand Liquidity (formerly xRapid) has made more than $ 2 billion in transactions since its inception, with volume up 11x in the first half of 2020 compared to the previous first half of 2019.
According to the Ripple Bloxy Explorer, The network produced around 900,000 daily transactions in 2020, with a high of 3,000,000 transactions on January 7, 2020.
ODL currently supports more than two dozen Garlinghouse shared clients including MoneyGram, Golance, Viamericas, FlashFX, and Azimo..
Popper didn’t help his case when he made a mistake on Garlinghouse’s Twitter user, a detail mentioned at the end of Garlinghouse’s answer:
Reinforcements from the XRP army have arrived
True to the well-known passion of the XRP community, Ripple CEO Thread quickly received a number of community recommendations, and many users praised it for its thoughtful response. YouTuber and XRP supporter CryptoEri, said: “I’m glad you spoke. That was the right thing.”
A user shared a picture of a Bitcoin (BTC) ad in today’s Financial Times newspaperwhich suggests it seemed too suspicious by accident:
Look what was published in the Financial Times today @bgarlinghouse.
Coincidence, I’m sure … https://t.co/84RsaNy9Bv pic.twitter.com/rl2ADtPJ8W