Categories: Ripple

A former U.S. President walks into a blockchain conference…

Click here to view original web page at techcrunch.com

In a sign of the major cryptocurrency players’ continued influence and ability to pay premium speaking fees, the keynote speaker for Ripple’s two-day Swell conference was none other than former President Bill Clinton.

In what felt like a very odd cameo for Clinton, the former President largely meandered through an hour-long conversation about his new James Patterson book, gun regulation, backroom stories regarding the Oslo Treaty, and a couple loosely-connected points about the cryptocurrency space tossed in there for the audience.

Clinton expectedly did not dive into the regulatory intricacies facing multi-billion dollar enterprises like Ripple (the company), but he did offer a bit of caution to those responsible for where the industry moves next through the lens of what he experienced in the late 90’s dealing with internet companies.

“I think it’s very important that people like you who live on the edge of this will not get so carried away with the immediate financial rewards and sense of empowerment that you forget that one rule nobody’s repealed is that if things sound too good to be true they probably are,” Clinton said. “In a modern world you need a way of determining that and hedging against it without killing the goose that laid the golden egg. That means you have to be clever about what regulatory or other structures that you set up.”

While Clinton certainly did not appear to be a Shingy-esque blockchain evangelist onstage, he delivered a targeted amount of enthusiasm about new technologies like blockchain and artificial intelligence in enhancing accessibility and shaping the country’s economic future.

“This whole blockchain deal has the potential it does only because it is applicable across national borders and income groups, the permutations and possibilities are staggeringly great,” Clinton said.

XRP year-over-year via CoinMarketCap

It’s an understatement that Ripple (the company) has had a staggeringly great calendar year since its last Swell conference as Ripple (the currency) has come to rest 3x where it was a year ago, though, in the meantime it surged astronomic multiples beyond the growth seen by other volatile cryptocurrencies like Bitcoin and dove downward nearly as quickly.

Though Clinton was verbose on plenty of topics unrelated to the conference’s topic at hand, his few words regarding “not killing the golden goose” with premature or overreaching legislation seemed to be a popular point with investors and entrepreneurs in the crowd who have bought into the concept that XRP is perhaps the “safer” choice for betting on a future financial structure shaped by cryptocurrencies.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Watford FC to brand Bitcoin logo on the jersey

The initiative is being carried out as a part of a brand partnership with sports betting site Sportsbet.io. Sportsbet.io's marketing… Read More

1 hour ago

Latest Bitcoin price and analysis (BTC to USD)

At the time of writing, Bitcoin (BTC) is trading at just above $10,300 after gaining about 1% since last week.BTC… Read More

1 hour ago

Johnstone: How To Defeat The Empire

Authored by Caitlin Johnstone via CaitlinJohnstone.com, One of the biggest and most consistent challenges of my young career so far… Read More

1 hour ago

Today’s Bitcoin Drop Driven by Massive Volume Influx

Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200… Read More

1 hour ago

L.A. to Choose Blockchain Pilot Project at CIS Conference

With a growing interest in blockchain solutions for government, the city of Los Angeles has partnered with organizers of a… Read More

1 hour ago

Bitcoin’s heading to a new all-time high along with the S&P 500, says Fundstrat’s Tom Lee

watch nowTalk about a bitcoin bull case.The digital currency is headed to new record highs, says Tom Lee, co-founder, managing… Read More

1 hour ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More