During a recent appearance at the Consensus conference, Ripple CEO Brad Garlinghouse has stressed that he is not an XRP maximalist.
Garlinghouse claims that he wants Bitcoin to be successful despite previously feuding with the community behind the leading cryptocurrency.
"I've never been an XRP maxi. It's not gonna be a one-chain world. It's gonna be a multi-chain world. I want to see Bitcoin be successful," Garlinghouse said.
Supporting the Clarity Act
The Ripple boss believes that the next two weeks are going to be crucial for the Clarity Act, which is the key cryptocurrency legislation that has been struggling to pass the Senate.
Garlinghouse has recalled tweeting out that perfection is the enemy of progress back in January.
The Ripple boss has stressed that he does not view the Clarity Act as perfect. "Do I think it's perfect? Hell no! I challenge you to show me any piece of legislation that we would call perfect. There's tradeoffs and compromises, but I do think that Clarity is better than chaos," Garlinghouse stressed.
The Ripple boss recalled that the cryptocurrency industry had to deal with the anti-crypto SEC leadership spearheaded by former boss Gary Gensler. Hence, he has implied that the cryptocurrency industry should be content with the fact that the "regulation by enforcement" era is already over. "A lot of other players other than Ripple would have folded," Garlinghouse said after recently posing in front of a giant digital billboard that says "DIDN'T FOLD" during a major XRP-focused event in Las Vegas. "One of the strategic mistakes that the SEC had made was picking on Ripple because we were strong enough to stand up to them," he stressed.
Dan Burgin
U.Today Editorial Team
