Ripple CEO Brad Garlinghouse lately shared his views on elections and voters’ expectations as he identified that voters care about crypto and Ripple’s native token, XRP.
In a X submit, Garlinghouse wrote, “Voters care about crypto – they care about XRP – it’s not a distinct segment situation. They need actual insurance policies that drive innovation and create jobs.”
Voters care about crypto – they care about XRP – it’s not a distinct segment situation. They need actual insurance policies that drive innovation and create jobs.
Candidates that ignore crypto and blockchain danger a critical loss in help from a rising, knowledgeable voter base. https://t.co/PfrjjyzCBn
— Brad Garlinghouse (@bgarlinghouse) October 21, 2024
His assertion was accompanied by a viral video of a voter asking SpaceX and Tesla CEO, Elon Musk, about XRP’s future in gentle of the SEC’s current crypto crackdowns. Elon Musk sidestepped the slightly particular mentioning of XRP, as he mentioned he neither endorses it nor criticizes it. He nonetheless did say, “I do assume crypto by its very nature helps with particular person freedom.”
Garlinghouse additionally cautioned that candidates ignoring crypto and blockchain danger a critical loss in help from a rising, knowledgeable voter base.
Crypto has grow to be a coronary heart of a number of election campaigns this election season, and voters and the crypto trade are positively wanting ahead to a relaxed, crypto-friendly coverage from the subsequent authorities. Consequently, each Presidential candidates- Donald Trump and Harris are leaving no stone unturned to appease this particular voter base.
Relating to how crypto corporations try to earn favor from the subsequent authorities, Ripple is diplomatically taking part in on either side. On one hand, co-founder Chris Larsen donated $10 million to Harris marketing campaign and related organizations, and one other balancing act got here from CTO David Schwartz who lately supported Trump in a lawsuit towards him.
Since early June, Trump, too, has raised about $7.5 million in cryptocurrencies, with a significant chunk coming from Ripple and different crypto companies.
Additionally Learn: Elon Musk on Politics & Trump: What it Means for Crypto?