Ripple CEO, on Libra: “This is going to be a record week for Ripple”
Meanwhile some are portraying the irruption of Libra in the crypto markets as a major threat for Ripple, Brad Garlinghouse, Ripple’s CEO, appears quite bullish regarding the influence of Facebook’s crypto for XRP.
A comment by the director of crypto news site The Block has sparked plenty of attention and hype over the last few hours. On a tweet, he quoted Ripple’s CEO Brad Garlinghouse talking about the first tangible implications of Libra for his project. The resultant message is quite an irresistible piece of cake for the XRP army to take over and share.
Facebook’s long awaited Libra was launched this week and met with widespread criticism within the community. Among them is the notorious crypto skeptic, Nouriel Roubini, who recently stated that Facebook’s cryptocurrency project, codenamed Libra, has nothing to do with blockchain, and is not really crypto.
Crypto skeptic, Nouriel Roubini, told Coindesk, that Facebook’s future cryptocurrency is not really a cryptocurrency.
The crypto hater, who called Bitcoin ‘the mother and father of all bubbles’ on a many of occasions, went on to say that Facebook’s cryptocurrency project has nothing to do with blockchain.
‘Fully private, controlled, centralized, verified and authorized by a small number of permissioned nodes. So what is crypto or blockchain about it? None’, he said.
Roubini, is seemingly convinced that Facebook will make a fortune on its crypto project by earning big on its users balances, while paying 0% to its users balances.
‘Rip-off! I rather keep my money in $ fiat & earn 2.5% on safe overnight rates!’, he tweeted.