Ripple CEO Brad Garlinghouse recently shared his views on the election and voter expectations, noting that voters are interested in cryptocurrencies and Ripple's native token, XRP. .
“Voters care about cryptocurrencies, and they care about XRP. This is not a niche issue. They drive innovation and create jobs. We want real policy.”
Voters are interested in cryptocurrencies and they are interested in XRP, but it is not a niche issue. They want real policies that drive innovation and create jobs.
Candidates who ignore cryptocurrencies and blockchain risk losing significant support from a growing and knowledgeable electorate. https://t.co/PfrjjyzCBn
— Brad Garlinghouse (@bgarlinghouse) October 21, 2024
His statement was accompanied by a viral video of voters asking SpaceX and Tesla CEO Elon Musk about the future of XRP in light of the SEC's recent cryptocurrency crackdown. Elon Musk avoided making any specific mention of XRP, saying he neither supports nor criticizes it. However, he said, “I think that cryptocurrencies, by their very nature, lend themselves to individual freedom.”
Garlinghouse also warned that candidates who ignore cryptocurrencies and blockchain risk losing significant support from a growing base of knowledgeable voters.
Cryptocurrencies have been at the center of several election campaigns this election season, and voters and the crypto industry are no doubt expecting more relaxed crypto-friendly policies from the incoming administration. As a result, presidential candidates Donald Trump and Harris are doing everything they can to appease this particular group of voters.
Ripple is diplomatically playing both sides when it comes to how crypto companies seek to gain support from the next government. On the one hand, co-founder Chris Larsen is donating $10 million to the Harris campaign and related organizations; on the other hand, providing balance to the chief technology officer who recently supported Trump in the lawsuit against him. CTO) David Schwartz.
Trump has also raised about $7.5 million in cryptocurrencies since early June, much of it from Ripple and other crypto companies.
Also read: Elon Musk talks politics and Trump: What does it mean for cryptocurrencies?
