Ripple-Compatible Chip Development Sponsored by US Navy: Solari, Inc President

News
Mon, 04/06/2020 - 10:29
Yuri Molchan
President of Solari Inc claims that she had access to data about the US Navy hiring a tech firm to create implantable microchips that would be compatible with Ripple
Cover image via stock.adobe.com
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Libertarians from the crypto sphere have accused the San-Francisco-based blockchain unicorn of being heavily centralized and slammed it for collaborating with banks. However, now they may have another reason to steer clear of Ripple and its XRP currency.

In an interview, Catherine Austin Fitts stated that a year ago the US Navy hired a Danish tech company to develop an implantable microchip and make it compatible with the Ripple blockchain.

Catherine Austin Fitts is the President of Solari, Inc, publisher of the Solar Report and a managing member of Solari Investment Advisory Services, LLC.

Implantable chips to integrate with Ripple

On his Twitter page, crypto investor Kevin Cage has shared a video received from @xrp_stuart. In it, Catherine Austin Fitts speaks of a Danish tech firm, without sharing its name, saying that a year ago she accessed data regarding the US Navy paying that firm to create an implantable microchip compatible with the Ripple chain.

In that video, Catherine Austin Fitts does not share any specific details and does not say whether this story has had any development. She did say though that she had extensive experience in doing business in Denmark, so the information from her can be trusted.

“They had one of the tech firms in Denmark [which] was being paid by the US Navy to come up with a chip that could be implanted in the human body that could integrate with Ripple.”

Ms. Fitts added:

“Ripple is crypto and it’s the one that’s gotten a lot of promotion from the American establishment in my experience, just my impression”.

In one of her recent tweets, Ms. Fitts also spoke of a Danish tech firm and Ripple.

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The community’s response

Twitter users who commented on this video do not seem to take it seriously. Although they state clearly that they are not going to be chipped.

Still, Twitter user 'JOKER', who often posts XRP charts, and who retweeted the video, pointed out that this clip gives Ripple, XRP and the whole crypto sphere a bad name.

“This video is very negative for #Ripple first then #XRP ethically. $Crypto was supposed to free us not to enslave humanity."

Another user stated that Ms. Fitts did not say anything about forcing those chips into people.
 

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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